$Scratch
🎵Let’s talk about $Scratch, baby🎶
With our @BOOMROOMCRO drop ongoing, we thought it might be time to talk about $cratch and how it will interact in our ecosystem! There’s lots of speculation right now. Let’s get right into it.
Scratch is the #BoomerSquad utility token.
It will be available for trade with liquidity on DEX @MMFcrypto & @HopSwapFinance shortly after we turn on $Scratch generation.
It is generated by owning a staking a #BoomRoom that has been decorated/upgraded with components.
Your #BoomRoom is a multiplier while your components (decorations) are the point values. You can move these components around in your room to decorate it and make it look unique to you!
As a general rule, the higher your point value, the more $Scratch you generate.
But this won’t always be true. You are competing for your share of $Scratch against all other staked #BoomRooms. If others are upgrading their room and you are not, your $Scratch generation will fall behind.
We have balanced the types of rooms (Single, Studio, Doubles, Loft, Penthouse) by enacting a Fair Market Distribution system. You can read more about this below. This is to ensure that the Penthouses don’t cause the overall ecosystem to be too top-heavy.
Let’s move on to use cases for $Scratch!
Initially, the main use of Scratch will be to upgrade or combine your components to decorate your #BoomRoom. By increasing your #BoomRoom point value, you will generate a greater share of $Scratch. All Scratch used here will be burned. 🧵
With our #BoomRoom release, we’ll be working on our Scratch Marketplace & Mini games including #BoomerBox and raffle-type prizes. We have a few mini-games lined up that we think you’ll enjoy :)
With our eventual marketplace release, $Scratch will be used for cheaper fees.
$Scratch will also be implemented with our @BoomSquadRadio once we develop the platform further.
#BSAC will also implement the use of $Scratch though we have not yet elaborated on how we will do so here.
Future game tokens (aka Chow Time), specific events & experiences.
Whether through minting NFTs (to be used as Cosmetic in your #BoomRooms) or tipping an artist / #BoomerRadio host, $Scratch will be implemented in all aspects where it makes sense.
These uses & more to come will burn a portion of the $Scratch
https://boomer-squad.gitbook.io/boomer-squad-nft/ecosystem/usdscratch
