Bostrom (BOOT) operates on the Osmosis platform with a total supply of approximately 1.19 trillion tokens. It features super-fluid staking, allowing users to stake BOOT and receive H tokens for various uses, including minting A and V tokens and participating in liquidity pools12. Bostrom aims to create a decentralized search engine leveraging user data differently from traditional models, focusing on community-driven results2. Security is emphasized through cold wallet storage options, such as hardware and paper wallets1. The current market cap is around $2.97 million, with a circulating supply of about 625 billion BOOT.
Bostrom (BOOT) is a cryptocurrency operating on the Osmosis platform, with a total supply of approximately 1.19 trillion tokens. It features super-fluid staking, allowing users to stake BOOT and receive H tokens for various uses, such as minting A and V tokens or participating in liquidity pools. The longer H tokens are frozen, the more stable they become, enhancing their utility.
For secure storage, it’s recommended to use cold wallets, either hardware wallets or paper wallets. Currently, Bostrom's market cap is around $2.97 million, with a circulating supply of about 625 billion BOOT 156.
Bostrom (BOOT) offers several use cases and benefits:
Use Cases
Super-fluid Staking: Users stake BOOT to receive H tokens, which can be utilized for minting A and V tokens, participating in liquidity pools, or swapping for other tokens2.
Cyberlink Creation: The platform aims to develop a decentralized search engine that links search results based on user interactions rather than personal data, enhancing privacy and relevance23.
Arbitrage Opportunities: BOOT can be used for arbitrage within various crypto markets, allowing traders to capitalize on price discrepancies5.
Benefits
Incentivized Participation: The flexible inflation model adjusts rewards based on market demand, encouraging users to stake their tokens while maintaining liquidity1.
Community-driven Ecosystem: Bostrom fosters a decentralized environment where users can contribute to network growth and decision-making processes2.
Potential for High Returns: With APYs reaching up to 40%, staking BOOT can yield significant passive income for holders.
Sub category AI
market cap is around $2.97 million it reached upto 50 million once.
DYOR BEFORE INVESTING ITS NOT FINANCIAL ADVISE JUST THOUGHT