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What is BAGSxBAGS?

BAGSxBAGS is a cross-token collaboration platform built on Solana for the bags.fm ecosystem.

The Problem

BAGS token communities are isolated. Holders of one BAGS token have no easy way to engage with or benefit from other BAGS communities.

The Solution

BAGSxBAGS enables cross-token collaborations where:

  1. Creators set up collabs between two BAGS tokens with a reward pool
  2. Participants who hold both tokens can join the collab
  3. Rewards are distributed equally among all participants when the collab ends

Key Concepts

Collabs

A collab is a time-limited event that brings together holders of two different BAGS tokens. Each collab has:

  • Token A & Token B - The two BAGS tokens required to participate
  • Minimum holdings - The minimum amount of each token required
  • Reward pool - Tokens contributed by the creator and others
  • Duration - How long the collab runs
  • Max participants - The maximum number of slots available

Eligibility

To join a collab, you must:

  1. Hold the minimum required amount of Token A
  2. Hold the minimum required amount of Token B
  3. Have performed a swap on bags.fm (verified on-chain)

Rewards

When a collab ends, the reward pool is split equally among all participants. Simply claim your share!

Next Steps

Built for the BAGS community