BOMB Announcement!

The BOMBIC Finance ecosystem protocol token BOMB is deployed! With a total issuance of 1 billion, 5,000 has been issued so far. In the future, an BOMB-USDC pool (50:50 ratio) will be established in BOMBcurity.Finance.

As the ecosystem token of BOMBIC Finance, BOMB can be applied to various sub-protocols. As BOMB goes live, it can be freely exchanged 1:1 (quantity) with governance tokens of each sub-protocol of BOMBIC Finance.BOMB contract address: https://etherscan.io/token/0xab1c02c7d5ebfddbb8824ccd193e7df59b34a841

Total issuance and distribution rules

Total issuance: 333,000

Tokenomics:

60% is used to expand the new protocol governance currency exchange and BOMBgers and acquisitions
35% is used to implement the exchange of our suite of protocol governance currencies, equal; 5% for each protocol (but not necessarily the same amount)
4% is used for development and audit system maintenance and upgrade
1% is used for airdrop and community volunteer incentives

The exchange between BOMB and each sub-protocol’s token:

- After staking BMB for three months, BMB can be freely exchanged to BOMB at 1:1

- After three months, the release of BOMB adopts a tax levy (vesting) mechanism in 100 days. A 99% tax will be implemented on the first day, and no tax collected on the 100th day.

- BMB will be destroyed after exchange.As we progress onwards, more protocols will be deployed for users and enable the platform for a suite of unique features to reach the next steps of decentralized finance.