BSHARE

Bomb Money price
BSHARE
#8510

$0.08742  

2.05% (1d)

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Bomb Money statistics
Market cap
$210.67

0.00%

Volume (24h)
$0.03626

27.44%

FDV
$6.12K
Vol/Mkt Cap (24h)
0.01721%
Total supply
70K BSHARE
Max. supply
70K BSHARE
Self-reported circulating supply
2.41K BSHARE
3.4428079598862875%
BSHARE to USD converter
BSHARE
USD
Price performance
24h 
Low
$0.08742
High
$0.08925
All-time high
Dec 10, 2021 (3 years ago)
$5,414.58
-100%
All-time low
Jul 25, 2024 (3 months ago)
$0.04947
+76.71%
See historical data


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CMC Daily Analysis

About Bomb Money

Welcome to Bomb.Money

Bomb Shares or $BSHARE is the way we represent the value and shareholders trust of the Bomb Protocol and its ability to maintain peg to Bitcoin. During an expansion epoch the Boardroom mints $BOMB which is distributed proportionally to $BSHARE holders who are staked in the Boardroom.

$BOMB is an algocoin which is designed to follow the price of BTC. Enjoy high yields normally only found on high risk assets, but with exposure to BTC instead!

The $BOMB algorithmic token serves as the backbone of a rapidly growing ecosystem aimed towards bringing liquidity and new use cases to the BSC network.

The protocol's underlying mechanism dynamically adjusts $BOMB's supply, pushing its price up or down relative to the price of $BTC.

Inspired by tomb.finance, which was originally inspired by the idea behind Basis as well as its predecessors (bDollar and soup), bomb.money is a multi-token protocol which consists of the following three tokens:

-bomb.money ($BOMB).

-BOMB Shares ($BSHARE).

-BOMB Bonds ($BBOND).

What differentiates $BOMB from other algorithmic tokens?

Unlike previous algorithmic tokens, $BOMB is not pegged to a stable coin — it is instead pegged to $BTC.

Because of BTCs high per coin price, we have decided to peg BOMB to BTC at a 10,000:1 ratio. In other words, 10,000 BOMB should equal 1 BTC for our PEG to be maintained.

One of the primary shortcomings of past algorithmic tokens has been a lack of use cases, leaving no good reason for somebody to want to use or hold them. In order to successfully maintain the peg in the long-run, the BOMB team will maintain a focus on innovation around enhanced functionality and use cases.

 
 
 
 
 
 

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