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Boson Protocol aims to connect smart contracts with real-world businesses and their data, and become part of the Web3 data value sharing economy. Instead of tokenizing real-world products and services, they tokenize future transactions using their NFT mechanism for novel exchange management. If most of the synthetic asset protocols in DeFi currently focus on standardized assets, then Boson Protocol will target non-standardized assets.
BOSON token is the core economic unit of Boson Protocol, which follows the Web3 sustainable cycle first realized by Ocean Protocol. Accumulate value and reduce supply through staking, burning, trading and data utilization to promote the sustainable development of the ecosystem.
BOSON tokens have three main uses:
Governance: Participants use BOSON tokens to manage the BOSON protocol;
Pledge: BOSON tokens are locked by pledge to reduce the circulating supply.
Incentives: BOSON tokens can be used to incentivize behavior in the system in a variety of ways.