Kryptopriser -Boo MirrorWorld
xboo
Boo MirrorWorld
NOK 0.003009
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24h: -7d: 0.00%30d: 0.00%1y: -99.89%
NOK 0.003009
Boo MirrorWorld (xBOO) represents staked BOO tokens within the SpookySwap ecosystem. It is designed to provide participants with compounding rewards generated from the SpookySwap decentralized exchange (DEX) platform.
When BOO tokens are staked, they are converted into xBOO. This conversion is not a fixed 1:1 ratio; rather, the amount of BOO received when unstaking xBOO increases over time. This mechanism aims to distribute platform fees and rewards to xBOO holders.
xBOO is an integral part of the SpookySwap DEX, which operates on the Fantom Opera network. It plays a role in the platform's economic model by linking staking with the revenue generated from trading activities.