Dog Biscuits (BSCT)
The BSCT Token
The BSCT Token
Dog Biscuits -- BSCT
tokens -- are ERC20 tokens issued to all bidders of Degen Dog auctions, including both unsuccessful and winning bidders. BSCT
tokens are issued at a ratio of 1000:1 based on the bid submitted. For example, a bid of 1 WETH
would result in 1000 BSCT
tokens.
In addition, BSCT
tokens are issued to the sender of Auction Settlement transactions, even if they did not bid in the auction. The same ratio of 1000:1, based on the winning bid, applies.
Two reasons:
Degen Dogs need to eat something in the Club.
The Degen Dogs community is greater than just the Dog (NFT) owners. BSCT
holders are also important.
We all need to eat to survive, including the Degen Dogs. Dog Biscuits have the potential to help Dogs grow strong, to prepare them for the journey ahead. The specific utility of BSCT tokens is yet to be discovered.