bomb.money Update
Dear Bomb Friends, Family, Community:
It is natural for an algorithmic token like BOMB to periodically drop below peg. While this is a great stress test of the system to ensure the BBONDs work as expected, we thought we might be able to offer some additional comfort to the community.
We have decided that instead of offering our treasury BOMB to institutional investors, or selling on open market, we will do a December 25th Holiday / Christmas Bomb Fire of $1,000,000 of BOMB! Our launch has been so successful, that we are not in need of these treasury BOMBs, and would like to burn $1,000,000 of BOMB as a gift to all participants of the protocol.
The team is happy to announce it is acquiring funding to grow the team as well as prepare at least 1 footlong sub per day to keep Bomb Founder (DEV / Aaron) alive. We are in discussion with several institutional entities to fund the project into the next generation in our rapid development. By enacting these two steps, we are reducing the risk community members have by holding BOMB and reducing the sell pressure on BSHARES while simultaneously allowing the BOMB team to grow and build this community.
In addition to this, we have a website refresh which, barring any technical issues, will be available at some point tomorrow, Friday, December 10th.
We will also have a big announcement this Saturday and I hope you all join in to hear it.
Sincerely,
Your Based Doxxed Dev — Aaron