Tokenomics: proposal / shadow not public
Transparency
Facts a research desk can cite without Discord lore. Tokenomics is a proposal. Shadow accounting is not public. Nothing here is a return, APY, or license claim.
Token
Solana SPL mint, 6 decimals, symbol BOOF.
Chips are not the token
- External BOOF — on-chain token.
- Custodial casino BOOF — casino games ledger.
- Practice chips — nonredeemable.
- Trading wallet — on-chain trade rail, not casino custody.
- Staked BOOF / Claimable USDC — labels only; no public staking or funded claims.
Proposed waterfall
Definitions from the 2026-09-17 proposal. Labeled proposed, not paying. Public distributions are off. Formula D = max(0, R - B - C - Q).
| Letter | Meaning |
|---|---|
| R | Actually collected eligible cash-poker rake. Count each settled hand once. Exclude deposits, buy-ins, pot volume, token sales, demo play, self-funded bots, and reversals. |
| B | Player rebates, attributable affiliate payments, promotional obligations, and refunds against that revenue (accrued, not only paid). |
| C | Attributable network/FX/custody expenses, tax provisions, support, infrastructure, fraud losses, and a prepublished share of essential operating costs. |
| Q | Required operator reserve top-up, in addition to full customer-liability backing and already-earned reward liabilities. |
| D | D = max(0, R - B - C - Q) — distributable poker surplus, also bounded by realized unrestricted USDC after liabilities and reserves. |
Proposed split of D — 30% stakers (USDC) / 50% treasury / 20% acquisition. proposed, not paying. Not 30% of pots or gross rake.
Supply
- Circulating
- unknown
- Methodology unavailable. See /api/circsupply. Repo write-up: docs/CIRCULATING_SUPPLY_METHODOLOGY.md.
Poker rake
- BOOF-denominated tables are configured with no table fee (rake-free).
- SOL and USDC tables use operator-controlled settings. Live rate, BB cap, and version are published on /api/poker/lobby and lobby cards (no-flop-no-drop; called-pot basis).
- Rake-free BOOF tables do not create distributable surplus under the proposed formula.
Source: Trust — poker integrity.
BOOFback
BOOFback is daily lossback on custodial casino BOOF — a cut of net casino losses, claimed once per UTC day. It is not $BOOF token yield, not poker rakeback, and not a holder reward. Poker and USDC/SOL rails do not count toward the window.
Compliance
This is not legal advice. A geo-block is a control, not a license. VPN traffic can bypass IP checks. Trust lists what we have not published: legal-entity name, gambling license, where play is legally available, age/KYC/sanctions, and self-exclusion.
Core geo codes in product code include US and territories, GB, SG, NL, plus sanctions-style markets. The extended list is omitted here. Live toggle: /api/geo-policy.
Bear cases
Illustrative risks from the proposal. Not forecasts. Not an invitation to stake.
- Quiet / zero-payout: low eligible rake against fixed costs and reserve top-up can make D = 0. Stakers would receive nothing.
- Volume collapse: if gross eligible rake falls while costs stay, funding is zero.
- Stake dilution: more eligible stake against the same USDC pool reduces payout per BOOF.
- BOOF price risk: a drop in BOOF price can exceed any USDC surplus share. Holding BOOF is not a cash yield.
- USDC depeg or custody shortfall: policy is to block new reward funding until re-evaluated.
- Geo / securities / gambling shutdown: unresolved jurisdiction can force funding to zero regardless of the formula.
Machine JSON
Same facts, no essay. Status on this page is Tokenomics: proposal / shadow not public.