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Bomb Money
Bomb Money Price Converter
Bomb Money Information
Bomb Money Supported Platforms
BEP20 | BNB | 0x522348779dcb2911539e76a1042aa922f9c47ee3 | 2021-11-14 |
About Bomb Money
Bomb Money (BOMB) serves multiple functions within its ecosystem:
Bomb dApp Protocol: This protocol works through a combination of unique tokens and mechanisms to maintain the peg (10,000 BOMB = 1 Bitcoin), creating a self-reinforcing system. Bomb Token BOMB: As the native token, it powers the BOMB Money ecosystem and the BOMB Chain network. Bomb Mobile Application: This application combines everyday banking simplicity with the high yields found in Decentralized Finance (DeFi). PegHub Advanced Protocol: PegHub is a DeFi ecosystem designed to provide returns for investors of various experience levels in crypto. Expansion across Blockchains: Bomb Money has expanded to other blockchains like Avalanche and Polygon, offering more choices for investors to earn high yields on blue-chip tokens.
Bomb Money was founded by Aaron Shames, who also serves as the CEO of the project.
__ Additional info Bomb Money is based upon the work of the tomb.finance project on the Fantom network. The purpose of the Bomb Money protocol is to provide the means for its underlying BOMB asset to maintain a value that is algorithmically pegged to the value to Bitcoin (BTC) at a 10,000 to 1 ratio.
BOMB is pegged via algorithm to a 10,000:1 ratio to BTC. $100k BTC = $10 BOMB PEG.
Only mintable on BNB Chain in BOMB's boardroom, all BOMB on BOMB Chain will originate there. To get newly minted BOMB, stake BSHARE in the boardroom and/or deposit BOMB into xBOMB staking.
The official Bomb Money ticker is “BOMB” and trades under that name on all the exchanges where it has been listed. The designation “BOMBM” is for CryptoCompare.com only.