Market is overflowing with new tokens to make profits, as the DeFi boom has no limits. What is it all about? And how do you know which token is best for your needs? OKBoomer can answer these burning questions.

Massive Gains with a Low Capital

DeFi tokens are incredibly attractive because they can be very cheap, sometimes only a fraction, gain huge value and provide different passive income options (staking or farming, etc.). They lack any practical purpose to exist. It is a token for the sake it is. Most cryptos were created to play the game, but have little long-term viability. It is the same reason that most tokens that are launched only witness a small period of success, mostly powered by the public’s enthusiasm.

OKBoomer is an open-source DeFi token platform that is community driven. The system aims at changing the perception of crypto and changing public policies. It will include working with legislators to improve cryptocurrency. The expectation is that candidates who are focused on crypto will accept OKBOOMER tokens in order to boost their campaigns.

OKBoomer features

OKBoomer’s mission is to assist the world in understanding and using cryptos. OKBoomer is teaming up with top athletes to provide world-class enhanced NFTs. This will allow them to create unique experiences and promote crypto education. Matthew Diemer (host of Decrypt Daily) and Congressional Candidate has teamed with OKBoomer in order to promote crypto education through the OKBoomer Cryptoeducation Podcast with Matthew Deimer.

OKBoomer is also going to be developing practical NFT use cases with athletes, in particular with those it’s partnering up with. This will allow for unique experiences and collectible digital art as well as collaborative opportunities with other companies. For example, the initial sale of OKBoomer’s Emmy-nominated, Discovery (NASDAQ:) Channel TV Host and 3-time world sailfish champion Peter Miller NFT can come with an eight-hour fishing trip in Coral Gables, Florida with Peter Miller on his personal boat, and a rare appearance on the show Uncharted Waters (NYSE:). The NFT sales proceeds will be used to generate cash flows for OKBoomer HODs.

OKBoomer will also be exploring the possibility of building a museum about the metaverse in order to showcase OKBoomer NFTs, and build an even larger community for holders.

OKBoomer Tokenomics

OKBoomer token is deflationary. No new tokens will ever be minted. 70% of the initial minted amount was immediately burned for increased value. Every future transaction sees additional tokens burnt to continue this upward trend. Direct wallet-to-wallet transactions are free, but any sale or purchase of OKBOOMER tokens is subject to a 10% tax. The tokenholders will get 3% back as a dividend and the remainder will be used for development and marketing purposes. The remaining 4 percent will be used for liquidity. This allows the token to trade more easily and has lower volatility.

OKBoomer’s team is made up of experienced professionals in financial technology and blockchain technology. To encourage upward pressure, tokenomics are designed to promote increased token value over time. Zero-fee wallet to-wallet transfers encourage real-world usage and support other elements such as donations. The tax on buyers and sellers discourages profiteering, and acts as an antidumping mechanism. This tax helps token owners to hold their assets for longer periods of time as every exchange (buy, sell or otherwise) means that they have more OKBoomer coins in their wallets.

OKBOOMER, a community-driven token, operates on Binance Smart Chain (BSC). This allows for fast and seamless transactions as well as almost zero gas fees. OKBoomer’s “How To Buy” instructions can be found on their website at https://okboomertoken.com/how-to-buy.

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