Boss Swap Finance — Introduction

Boss Swap Finance

Boss Swap Finance is an unique DEX launching on the Harmony Protocol. We’ve taken some of our favorite features from other projects and added them together to make BOSS swap with some BOSS unique style. Here are some of the highlights:

• Boss Swap is a community-driven project. From perhaps the fairest launch to being a Harmony launchpad, Boss Swap will be a one of a kind exchange on Harmony
• BossSwap — A blend of ViperSwap, PantherSwap, Apeswap, DefiKingdoms with BOSS style
• BOSS token ($BOSS) — a revenue generating token with built in burn and liquidity tax
• Unique graphics with a clean UI with the BOSS emphasis on the exchange

The Peddler, the Raid, and the Dungeon

The Peddler is the swaps page that enables users to trade off of Liquidity Pool (LP) Tokens. Generally speaking, you trade one token for a different token of equal value.

The Raid is where you can pool together two tokens of equal value so that other users can swap off of liquidity. Users who deposit into the platform will receive .2% of all trades involving those tokens! To learn more about Liquidity Pools and how they work read here. Adding to the raid isn’t without its risks so please be mindful of Impermeant Loss. Want to learn what Impermeant Loss is? Read here

The Dungeon is where you can take your liquidity pool tokens to the next level and stake them in order to receive extra rewards! This is to incentivize users for adding liquidity on the platform. The more liquidity in the platform, the better swaps users can enjoy. Boss Swap is launching with 3 liquidity pools with more tokens added regularly. These first three pools added into the “Dungeon” will be the foundation that Boss Swap.

• ONE & BUSD
• BOSS & ONE
• BOSS & BUSD

The Horde & Spawning Pool

Interested in having your BOSS tokens earn passively for you but scared of Impermeant Loss? Stake your tokens in the Horde in order to receive .1% of transactions across the entire DEX! Or Checkout the Spawning Pool in order to stake BOSS tokens (or…?) for rewards! Unlike the Dungeon, the Horde and spawning pools provide options for single-staking tokens to avoid impermeant loss while gaining interest on your tokens!

Tokenomics

Boss Swap is planning on being a multi-chain DEX in order to increase exposure to the platform. Each DEX will carry the same name, BOSS Swap and will be connected under the same domain name.

Max Cap and Emission Schedule

The BOSS token has a hard cap of 500,000,000 tokens and features a Dynamic Lockup model that lowers the % of locked rewards as the multiplier halves each half-week. For example, 99% of the rewards on week 1 (first half) will be locked which will continue to lock up less rewards as we continue halving until we get no multiplier x1 with no lockup percentage. We will refer to each half-week as Epoch.

This model will enables us to reward both early adopters and new comers. With each halving, the tokens unlocked stay relatively the same while decreasing the locked token percentages. Locked rewards will begin unlocking after 104 Epochs (1 year) over the course of 520 Epochs (5 years). The math on that comes out to approximately 1.6% locked rewards per month, .38% per week or .05% per day.

The BOSS Surge

We have up to 6 BOSS Surges that we can use at the community’s request. The first Boss Surge is scheduled for Epoch 9. The BOSS Surge works off of a similar doubling/halving as the emission schedule. Each Boss Surge will mint 2,376,864 unlocked BOSS Tokens and 55,230,336 locked BOSS tokens. With 6 scheduled BOSS surges and the current breakdown of emissions, we anticipate reaching max cap after 14 years.

The BOSS Tax

The BOSS token has added in a 5% tax for building liquidity on the BOSS to ONE pairing. Every transaction will add 4% of the trade into liquidity and burn 1% BOSS tokens.

BOSS Treasury

Crypto is a fast moving industry and in order to keep up, we have BOSS bounties and development planned. BOSS Treasuries have been carefully designed for the growth of the platform. We are planning on utilizing the Harmony Multisig for the treasuries. The breakdown of our treasuries are as follows:

• The BOSS development — 6% of minted tokens will be used for developer grants, bounties and other technical advancements that will be utilized with our launchpad.
• The community treasury — 6% of minted tokens will be used for marketing, community managers and other digital assets.
• The liquidity provider treasury — 4% of minted tokens being minted will be used for BOSS DEX incentives.
• The Founder’s Fund/The BOSS reward program— 4% of the minted tokens will be used for the Founder’s Fund/BOSS rewards program. What is the boss rewards’ program? We will explain this at a future date.

BOSS can’t do everything alone. These treasuries are a huge foundation for the BOSS launchpad/platform.

Pre-minting

We are only Pre-minting enough tokens for the initial liquidity. Besides these 2,000,000 BOSS there is no possibility of minting tokens outside the scope of our yield farming contracts/token emission schedule.

Withdrawals/Deposit Fees

We have built in a deposit fee by farming pool for the Boss Swap Dungeons. This is to give us more flexibility on potential partnerships or non-BOSS pairings.

BOSS is using a dynamic withdrawal system. If users withdrawal from the same block, they are charged a 25% slashing fee which reduces over time. If a pool becomes inactive/deincentivized then the pool automatically reverts to .1% withdrawal fee.

We have built in some exceptions to the withdrawal fee for potential partnerships down the road. For example, we can white list an address for beefy finance to set a base withdrawal fee in order to synergize with their auto compiler.

The Boss Map

Boss Swap stands apart with our BOSS UI. Our home page has a lot of planned Easter Eggs that we will be adding into the home page to enhance the user experience. BOSS swap is a combination of forks with a lot of BOSS UI/code upgrades.

• BOSS tokenized NFTs
• BOOSTED POOLs
• HYDRA/SHADE POOLs
• The Boss Rewards Program