Introduction to BOOM
Last updated
Last updated
Boom.fun的Key不局限于推特(X)用户，未来将支持更丰富的社交媒体身份，也将支持其它类型的Room创建。同时，用户也可以选择为其它用户发行Key，如果采用这种方式发行，归属于Key发行人和协议激励池的手续费收入将被累计并保存，一旦被发行人入驻Boom.fun，预发行的Key将被转化为正式Key，相应的收入也会进行分配。
The keys on Boom.fun are not limited to Twitter users, and in the future, a broader range of social media identities will be supported, along with the creation of other types of Rooms.
Meanwhile, users can also choose to issue keys for other users (such as KOLs/Friends). If issued in this manner, the fee income belonging to the key issuer and the protocol incentive pool will be accumulated and saved. Once the issuer joins Boom.fun, the pre-issued keys will be converted to official keys, and the corresponding income will be distributed accordingly.
Boom.fun中Key的价格也随着Key发行数量的增长而增长。但特殊的是，当Boom房间Key价格达到特定值后，Key发行人可以手动触发BOOM，在BOOM以后，每一个Key会被拆分为3个Key，Key的发行总量变为原来的三倍，同时Key的价格变为原来的1/3，与此同时，Key的定价参数也会发生改变，以确保价格变化的连续性。
首次拆分的触发条件是房间价格超过1000USDT，此后每拆分一次，下一次拆分的价格阈值就会减少50%（以此类推，见下图）。同时，每一次拆分之后，用户发言所需要持有的Key数量会变为原来的3倍（即需要持有等同于1个原始Key的Key才能发言），但可查看房主发言，房主回复引用的holder发言所需要的Key持仓量始终为1。
In Boom.fun, the price of a Key increases with the growth in the number of Keys issued. However, what's unique is that when the price of a Boom Room Key reaches a specific value, the Key issuer can manually trigger a BOOM. Post BOOM, each Key will be split into three Keys, tripling the total number of issued Keys while the price of each Key is reduced to one-third(1/3) of its original price. Simultaneously, the pricing parameters of the Key will also be altered to ensure the continuity of price changes.
The trigger condition for the first split is when the price exceeds 1000 USDT. After each split, the price threshold for the next split will decrease by 50%. Moreover, after every split, the number of Keys a user needs to hold to be able to comment will triple (3X) (i.e., users need to hold Keys equivalent to 1 original Key to comment), but the Key holding requirement to view the room owner's comments and the comments quoted in the room owner's replies will always remain as one.
一个可持续的社区/资产应当是开放的，当Key价格足够高时，进一步增长所需要的成本会变得难以负担，而Boom通过拆分Key，理论上可以实现近乎无限的Key发行数量，同时Boom由房主触发提供了一个选择权，可以在不影响持有者利益的情况下有效降低参与门槛，确保增长的可持续性，同时为Room提供一个可供选择的目标社群规模。
A sustainable community/asset should be open-ended.
Additionally, having the room owner trigger the Boom provides an option, effectively lowering the entry barriers without impacting the interests of the existing holders, ensuring the sustainability of growth. This also provides a Room with a selectable target community size while maintaining a balanced cost of participation.
在不可分割的情况下，1个Key只能被持有或者被出售，因而在很多情况下，即使价格上涨，持有者也无法通过卖出获得实际收益，而在Boom以后，持有者可以卖出分拆后的Key。实现部分卖出。
对于其它参与者来说，部分卖出有利于减少Key持有的集中度，实现更高的去中心化程度。与此同时，每一次拆分后，同时符合条件的用户将会获得勋章，Key的等级也会得到提升，这意味着Boom的拆分也会成为一种影响力凭证（IFLP），进一步增加Key的内在价值。在这两重因素的合理下，Key的持有者也会由更强的动机去推广自己持有的Key或者在社区中贡献自己的价值。
In an indivisible scenario, a Key can only be held or sold as a whole. Therefore, in many cases, even if the price increases, holders cannot realize actual gains by selling it. However, post-Boom, holders can sell the split Keys, achieving partial sales. For other participants, partial sales help in reducing the concentration of Key holdings, moving towards a higher degree of decentralization.
Simultaneously, after each split, qualifying users will receive medals, and the level of Keys will be upgraded. This implies that the Boom split will also serve as an Influence Proof of Liquidity (IFLP), further enhancing the intrinsic value of the Key. With these two factors in play, Key holders will have a stronger motivation to promote their Keys or contribute their value within the community, fostering a more engaged and incentivized ecosystem.
Boom.fun针对购买/出售各收取10%的交易手续费，其中5%分配给Key的发行人，5%分配给Boom金库。Boom金库会使用额外50%会用于协议激励；即5%分配给Key发行人，2.5%分配给协议激励池，2.5%分配给Boom金库。 在启动阶段，协议激励池中的2%手续费将分配给Key的邀请者，邀请关系将依据Key发行人所使用的邀请码确定。
Boom.fun的分配机制具备几个特点：
协议费用更低，将绝大部分收益返还给社区。
为邀请者激励，确保价值创造者得到更高回报。
协议激励池保留分配可能性，以适应不同的Room结构（如个人主导或者群体贡献)
Boom.fun imposes a 10% transaction fee for both buying and selling, wherein 5% is allocated to the Key issuer and 5% to the Boom treasury. Out of the Boom treasury, an additional 50% is used for protocol incentives; meaning 5% goes to the Key issuer, 2.5% to the protocol incentive pool, and 2.5% to the Boom treasury.
During the initiation phase, 2% of the fees in the protocol incentive pool will be allocated to the inviter of the Key, with the invitation relationship determined by the invitation code used by the Key issuer.
The distribution mechanism of Boom.fun exhibits several characteristics:
Lower protocol fees, returning the vast majority of profits back to the community.
Incentives for inviters, ensuring higher returns for value creators.
The protocol incentive pool retains allocation flexibility to accommodate different Room structures (such as individual-led or collective contributions).
When the Key price is high enough, the cost required for further growth could become burdensome. Through splitting the Key in , theoretically allows for an almost unlimited issuance of Keys.
