Solana

The rise and fall of Boop - a memecoin launchpad trying to dethrone pump fun

A thread 🧵

1/ What is boop?

boop is a memecoin launchpad similar to pump fun with a few tweaks:
- the $BOOP token
- holder/creator rewards
- a substantial airdrop

2/ $BOOP token

by holding & staking $BOOP you would get:
- 5% of supply of every boop token after graduation
- 60% of trading fees (1%) after graduation

additionally, 30% of the trading fees (1%) are used to buy back the $BOOP token

3/ holder & creator rewards

everyday a specific amount of $BOOP is allocated to tokens that graduate, given out to token holders and the creator

- 10% to the token creator
- 90% to the token holders

4/ a substantial airdrop

in collaboration with Kaito, X (twitter) creators could unlock an airdrop that goes as high as 700k tokens (worth ~$350k at ATH)

this airdrop is vested for 30 days, to unlock it earlier they needed to launch their own coin and hit certain market cap milestones