Original author: CryptoCharming (X: @CryptoCharming1 )
Editors note: On May 1, Dingaling, former chief revenue officer of Binance and founder of PancakeSwap, officially launched the LaunchPad platform BoopDotFun . The market value of its official platform token $BOOP of the same name reached $500 million in one hour, attracting great attention from the entire network. What are the innovations in BoopDotFuns gameplay and revenue distribution? Crypto researcher CryptoCharming (X: @CryptoCharming 1 ) published an article analyzing BoopDotFuns revenue mechanism and layout strategy. Odaily compiled the full text as follows:
I spent some time researching this platform and wanted to write down my summary. I have seen many introductory articles about @boopdotfun . I will not introduce the superficial ones and just focus on the key points. I think this platform has good opportunities.
Simply put, the platform revolves around $BOOP, which is the core incentive engine of BoopDotFun. Perhaps $BOOP is not just a platform token, but will become the reward and income distribution hub and flywheel core of the entire boop.fun .
The logical starting point of all profits is the key event of shooting outside the market
When a cult token successfully meets the conditions from the Bonding Curve and is ejected from the external disk (transferred to Raydium to establish a liquidity pool), a whole series of reward events will be triggered, which is also the beginning of the entire system. Let’s continue to look at it.
1. $BOOP Daily Reward Distribution Mechanism (Emission Pool)
1,000,000 $BOOP will be distributed every day
Each cult that fired an external disk on that day will receive an equal share of this emission.
Assume that there are 5 cults that day, each of them gets 200,000 BOOP
The BOOP allocation for each cult can be further broken down (see the figure below):
Note: Cult creators and holders do not need to be $BOOP stakers, just participating in the cult will earn you the corresponding BOOP. In simple terms, even if you dont touch $BOOP at all, as long as you play the inner game and successfully hold on until the launch, you will get some airdrops.
2. When launching external market: 5% airdrop supply of cult token
When a cult successfully launches, 5% of the total supply of that cults tokens will be airdropped to all $BOOP stakers.
Distribution logic: calculated based on the proportion of your staked BOOP to the total staked amount
Minimum threshold: You need to stake at least 10,000 $BOOP to participate in the airdrop
Note: It has nothing to do with the daily BOOP emission. This airdrop is the token reserved when Tugou Cult was established, which will be released at a rate of 5%.
3. After cult is launched on the external market, how will the transaction fee income be distributed?
Every cult that successfully launches an outer disk will enter Raydium, just like a normal dog launch.
All subsequent transactions will be charged a 1% transaction fee (SOL)
The specific distribution of transaction fees is as follows:
Core logic summary: boops two-tier incentive model
So when a cult shoots an outer disk, it triggers two levels of rewards:
1. BOOP Emission Rewards (up to 1M $BOOP per day)
Distributed to the creators and holders of the cult (no need to stake $BOOP)
It is a daily liquidity gold farming activity
2. Staker Rewards (only for $BOOP stakers)
Get 5% airdrop + 60% SOL fee income of the cult
Establish long-term compounding cash flow (as long as the platform survives, it will continue to flow)
How to layout this flywheel?
What you should do is to find a role structure that can participate in both layers of rewards at the same time, or find a strategy to maximize the benefits, which can be quantified:
1. Potential best strategy: Establish a triple identity self-operated flywheel
1. Create your own cult → get a share of the creators BOOP (10%)
2. Buy and hold coins to graduate → get BOOP profit from holders (90%)
3. Stake $BOOP yourself → Get token airdrop + SOL fee sharing
If you can play all of these roles, you can also have:
Airdrop positions that can be poured in + highly controlled cult
Liquidity transaction fee cash flow
You can also get $BOOP airdrop + emission commission
(However, the launch will be taken away by the authorities for 6 seconds, so you need to weigh whether the arbitrage is worthwhile)
2. Strategy 2: Become a BOOP staker and tie up the cash flow of the entire ecosystem
Stake at least 10,000 $BOOP (the earlier the better), and you will receive:
Token airdrop for each successfully launched cult (5% supply)
60% of all transaction fees of the cult (SOL)
This means you are a platform shareholder and you can automatically receive money when the cult is successfully launched.
3. Strategy 3: Get a position in the upcoming cult launch and become a coin holder to receive $BOOP emission
Track the cult that is about to hit the outside market (see Bonding curve progress), buy in advance at the last position, and pour in at the speed of light after the hit, and you can get:
90% of $BOOP emission received on that day (equally divided among cult emitters)
Summarize
I think the key to the platform is that $BOOP has a small initial circulation, few competitors, and a small denominator. Early stakers will get a very high profit ratio , so you can think carefully about how to participate. As for the remaining valuation ideas, they are actually personal beliefs and conjectures, such as whether Solana intends to support new platforms, whether $BOOP tokens have room for imagination, whether this protocol is interesting and makes sense, etc.
