The BBS Token & Reputation

Feb 11, 2022

The BBS Token

The BBS token is used as the native currency of the BBS network, flowing between boards, operators and developers. BBS tokens also enable the holder to participate in the BBS DAO governance via staking and voting.

Advertisers use BBS tokens to purchase ad space on every board in the network
Royalties from ad revenues are distributed to the BBS DAO, BBS operators and board owners in BBS tokens.
BBS tokens are also used to participate in the DAO by staking, providing stakeholders with staking rewards and DAO voting power for governance proposals.
BBS members can withdraw their cashable balance into BBS Tokens (subject to the System Fee)

Reputation

When a new BBS is created, the creator designates a 5-7 letter symbol to be used as the board’s unique Reputation symbol. Reputation is used in order to promote posts on the board in order to curate the board's content.

Users earn Reputation through bonuses, receiving views on published posts, and predicting views through promotion.

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