BOMB Shell: Strategies, Updates
BOMBSQUAD:
What an explosive week BOMBERS! We have fought back to peg, been printing and have maintained very consistently, well done to all!
New UI
Firstly, let’s briefly talk about our upcoming new UI and all the benefits it will bring!
Our aim with this massive update is to simplify and streamline our investors experience. We will be taking our protocol back-to-basics, focusing on our staple LP, BOMB-BTCB, the best investment in the world! By providing a much simpler UI, we are able to expand our marketing horizons and broaden our target audience. This will cause all of our advertisement efforts to be greatly amplified, leading to a great increase in our total TVL! In addition, we will also be adding a fiat on-ramp option which will allow new BOMBERS to easily get involved, creating a frictionless DeFi experience.
Once the new UI is released we will have instant access to our very own Tarot fork. This system is already fully prepared and is working perfectly! To begin, we will have two assets available for staking, these will be BOMB and BTCB. With this addition we will be able to allow single asset staking for BTC, which we believe will offer the greatest APR on Bitcoin in the whole of crypto, a game changer for sure!
If you haven’t already, have a look at these UI photos below!
Midas Partnership
As many of you know, our partnership with Midas Capital has been on-going for a few weeks now. We are excited to announce that our xBOMB Fuse pool has been created and is currently in the testing phase!
Initially we plan to release with xBOMB as collateral, our amazing yield bearing token! After this has been released the Midas team will begin to work on the BOMB/BTCB LP to use as collateral, we can’t wait for this!
Bombbtc.com Success
Over the past week we have seen a dramatic increase in signups to our BTC Mainnet option, bombbtc.com! All of the hard work is starting to pay dividends for the BOMB Money ecosystem as a whole, the influx of funds has helped support BOMB price whilst deepening liquidity in the main BOMB/BTCB LP. Once marketing begins, we will then truly acknowledge the powerhouse we have created. We have multiple AMA’s and videos prepared, keep your eye out as this could come sooner rather than later!
How to keep the BOMB printer online
This is something we have been working on for a while, how to educate our BOMBERS with the information they need to keep the protocol healthy, whilst still being able to build positions and take profit!
If you haven’t already, our How To Print Forever Guide is a fantastic place to start!
In a brief summary;
·Do not sell printed BOMB from the boardroom! Instead, deposit it into xBOMB to earn a great APR as well as use it to borrow BUSM!
·Utilize the manual farm BSHARE rewards to take profits/add to printed BOMB to put into the farms!
We cannot stress this enough, if you are slightly overweight with BSHARES in the boardroom, selling the printed BOMB for profit or more BSHARES is not the way to go! By doing this, we dip below peg and your BSHARE’s are worth less, you don’t get any BOMB printed and the whole cycle stops. Let’s all work together to get BOMB where it deserves to be, at 5bill TVL!
We have two of three strategy guides complete, and will update the article with links to all three as soon as they are done. We really tried to get all three done in time for the BOMB Shell but got distracted by an exceptional idea that needed documenting.
Love from your doxxed duo,
Handford and Aaron
