Booms Rewards for merchants
Agent loyalty = the job. Booms Rewards = the thing that does it. And now any merchant can run it: the open, universal loyalty layer for the agent-commerce era. Your buyers — human or AI agent — earn Booms Rewards credit at your checkout. Credit is redeemable across member stores at settlement value (face × accept rate: 1.00 same-shop, 0.80 cross-shop proposed) — never presented as free face-value portability.
Booms Rewards — Agent Loyalty for the AI Economy.
The draft protocol spec: BSP Draft 0.1 — the Reward object, the seven merchant verbs, the agent quote flow, and the clearing model.
How it works
- 1. Apply. Every member is approved by the operator personally — no self-serve keys, no bots. Contact Brian to start.
- 2. Integrate four endpoints.
POST /api/v1/partner/accruecredits your buyers after each settled sale;POST /api/v1/partner/redeemdebits their balance and hands you a signed 15-minute discount authorization;GET /api/v1/partner/:pid/infopublishes your live rates;GET /api/v1/partner/:pid/settlementgives you a signed monthly report. HMAC-signed, idempotent, fully documented in the integration spec. - 3. Display the badge. Members in good standing show "Booms Rewards accepted here" at checkout.
- 4. Settle monthly. Credit is portable at settlement value, not face value: a cross-shop burn pays you face × 0.80 (proposed until data exists). The redeeming member keeps 100% of the sale; the issuing member funds the discount via monthly net-settlement in USDC on Base. Reports are signed; money movement is always explicit and human-approved, never automated.
The economics
- Your buyers earn the same rates as everywhere in the network: 10% standard, 15% first purchase, 20% referred-first, 5% referrer cut — published in your own rates, readable at runtime.
- Credit is USDC-denominated store credit: not withdrawable, not on-chain, expires 12 months after posting.
- Liability cap: your outstanding issued credit is capped — pilot default $500 — so no runaway script can create unbounded liability for anyone.
- Kill switches: the operator can zero your accrual rate or freeze a namespace without a redeploy. Protective, with notice — never punitive without cause.
- No exclusivity, no rights transfer. Run any other program, sell anywhere, leave with 30 days' notice. Nothing here touches your copyrights or catalog rights — ever.
Agents are first-class members' customers
This clause is load-bearing: a synthetic participant earns the identical rates, under the identical rules, as a human participant. No lower tier, no exclusion, no "human verification" gate. An agent buying with a funded wallet is a customer, full stop. Members may not discriminate against agent buyers in earn rates, redeem acceptance, or checkout treatment.
The agent earns. The principal benefits. Booms keeps the ledger honest.
Pilot terms
- $500 liability cap · 60 days · weekly settlement reports.
- Success metric: a single cross-redemption — credit issued by one member, spent at another — proves the loop.
- One identity per buyer across the whole network: a wallet address or an email. No buyer profiling across members — the ledger records balances, not behavior.
Why an issuer would do this
Issuers hate fungibility — portable points feel like leaking margin. So the economics have to favor the issuer, or this gets polite meetings and no production traffic:
- Agent checkouts you otherwise never see. A shopping agent comparing effective price will route purchases to merchants whose rewards it can read and apply. No quote object, no agent traffic.
- Cross-shop redemptions cost you 80¢ on the dollar. When your credit is burned elsewhere, you pay face × 0.80 — a customer you didn't acquire, at a discount you didn't fund in full.
- Breakage is yours. Credit expires 12 months after posting; expired liability stays with the issuer.
- Your rates, your caps, your kill switch. Accrual rates, the $500 pilot liability cap, and per-merchant kill switches are all yours. Allocation ratios are network policy — issue your own rewards at 90/10 if you want; the protocol allows it.
Honest status
- Live: the partner tier is deployed in the pay worker — accrue, redeem, info, settlement endpoints.
- Dark: the tier is disabled until the first member is admitted. No credit can be issued or redeemed on it today.
- Draft: the full member agreement is a working draft under legal review. It is shared with applicants during application — nothing is final until the operator approves the exact text.
- Zero members so far. No outreach has occurred. The first member gets the pilot terms above and a direct line to the operator.
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