Boss Token (BOSS) is a community-driven decentralized finance (DeFi) cryptocurrency that aims to be the boss of Dogcoins. The platform is powered by blockchain technology, specifically with the help of the Ethereum network.
The protocol is envisioned as an option and improvement to the community-run coins that have come earlier. The network impacts the gaming industry, lending, and capital accumulation. The platform seeks to help traders care more about the economic weakness that many suffer from worldwide in the concept of mutual help as an investment that can be traded by users enlisted on this blockchain platform.
Boss Token is developing a DApp named Boss Track, designed to help DeFi users to track their portfolio on multiple chains (Ethereum and BSC). The platform aims to provide users access to premium features which include a percentage of profit and loss analytics, conversion of multinational currency, unblocking multiple connectable wallets, and removing banner ads. The Boss Track also has a time-saving feature that seeks to allow decentralized finance users to monitor their portfolio performance. Users can connect multiple DeFi wallets to witness real-time price data and execution across the entire portfolio.
BOSS is the native token of the Boss Token platform. The BOSS token holders get a certain percentage of fees involved in every transaction. According to the woofpaper, the platform distributed tokens in a fashion where 50% of tokens were sent to burn wallet, 45% for community supply at launch, and 5% for development and marketing. Cryptocurrency burning is when users can remove tokens from circulation, which decreases the number of coins in use.