🥾BOOT Token

The BOOT token was launched in June of 2022 and gives holders the following: access to private Discord channels, governance rights and the ability to be compensated

BOOT

BOOT is a Solana native SPL token that acts as both a social and governance token for Bootstrap DAO. As a social token, users must hold a minimum of 10,000 BOOT tokens to gain access to the token-gated governance channels within the Discord server. As a governance token, BOOT holders will receive voting power dependent on the amount of tokens they possess. Holding the BOOT token is required for access to governance channels and is designed to be low-cost: creating a low barrier to entry for all individuals to create a fair governing process.

Token Overview

• Total supply: 100,000,000

• Circulating supply: 55,000,000

• Issuance date: 2 June 2022

• Mint address: Dj7qHPhVGa4JTMETZwbrTY1hdfe4TVbk2b46mFpKqb6H

• Minting disabled

• Serum Market ID: CwCfxXbnL2oZHef7obbPrdwgrsZ872RnDjWEaYyPQh3

• AMM ID: 55eoKTTzjBY2PzfBStyDQJiugVbzThcsQsfnamcnYf7o

Tokenomics

BOOT is allocated as such:

• 20% Public: These tokens are allocated to the liquidity pool for public use and availability for purchase.

• 55% DAO Treasury: These tokens are reserved for the Bootstrap DAO Treasury and can be allocated as token holders see fit. This treasury will be controlled by the Bootstrap Team's multi-sig wallet in the early stages of the DAOs operation. The treasury will eventually move to be fully controlled by BOOT token holders.

  • 10% Growth fund: These tokens will be allocated to the DAO Treasury reserve and will also be controlled by the teams multi-sig wallet in the early stages of the DAOs operations. These tokens will be used for the purpose of compensating the work of initial Bootstrap DAO members and/or for potential partnerships. Please note that the tokens issued through the growth fund will be added to the circulating supply.

• 15% Team: These tokens are allocated to the founding team and are held in a team wallet. These tokens have yet to be allocated to individual team members and are subjected to a 2 year vesting schedule.

Read our page "How to buy BOOT"