Your chance to get AIRDROPPED tokens – BOMB Lock Bonus add-on!
There’s less than 2 days to go in the BOMB Lock Bonus and almost 65% of the 1,000,000 BOMB available for the bonus has already been locked! This means that almost half of all circulating BOMB is locked for 90 days and will only be available on BOMB Chain. This gives us a much higher probability of launching the chain with BOMB at peg.
One of the first protocols launching on BOMB Chain will be the BOMBswap Dex, which will use its own token, BOMBswap (more details to come as we near launch). As an additional incentive to the BOMB Lock Bonus, anyone locking their BOMB before Dec 7 will receive an AIRDROP of BOMBswap tokens! 50% of the initial minted tokens will be allocated to this AIR DROP and will be the only way to get tokens prior to open market.
With word spreading and all of the marketing going towards this bonus, we anticipate a lot more locked BOMB before the deadline. Hurry up and lock yours to take advantage of 2.5X BOMB and the AIRDROP offer now!
Marketing continues as we near launch
AMA with Crypto Tavern Telegram channel to highlight our upcoming Blockchain and mobile app launch with a focus on the BOMB Locking Bonus! We’ll be featured Tuesday at 4pm UTC so come join the convo as we continue to spread the word.
Speaking of spreading the word, we are in talks with some major YouTube influencers who are looking forward to covering the upcoming BOMB Chain launch as well. We are starting our heavy marketing push for the month leading up to launch. Expect to see the App and Blockchain everywhere!
One more thing to consider regarding influencers – our BOMB Mobile App will launch with a $50 referral bonus system. Influencers will be proactively showcasing our app in order to earn referral rewards giving our launch a very high chance of going viral!
From a thought leadership and brand recognition perspective, we will be launching our first press release this Thursday with results from our crypto demographic and adoption survey. With some hard-hitting facts about the crypto industry and insights from our executive team, we anticipate this article to perform exceptionally well and be the next major step towards BOMB Money breaking into mainstream media.
Additionally, Aaron was interviewed today by a magazine focusing on up-and-coming entrepreneurs. The interview went really well and we expect the feature story to be published and available online in the next 2 weeks with a paper edition in the coming months! We’ll share the article on our socials as soon as it’s available so be sure to stay connected!
Our website at bombmoney.com has received an overhaul!
As our products and offerings continue to expand, our website needs to reflect that. We’ve made updates to our page to feature the Mobile App, BOMB Chain, and PegHub all in one central location. The new website brings all of BOMB Money together giving new users coming to the page for the first time the full overview of everything going on including our products, media coverage, socials, and the BOMB Money blog!
The site will be live later this week, but you can check out this sneak peek:
New governance votes to bring CZBOMB/BOMB and CZETH/ETH to CZPegs
We’re proposing two governance votes to make two important changes to CZPegs Farms. These changes will ensure our pairs incentivise farming of assets that align to our strategic direction. In summary we’re proposing:
1. CZBOMB/BitBTC to be replaced by CZBOMB/BOMB
2. CZEMP/EMP to be replaced by CZETH/ETH
Let’s get into why we’re proposing these changes:
- CZBOMB/bitBTC to be replaced by CZBOMB/BOMB
This farm started its life as CZBOMB/BOMB before transitioning to CZBOMB/bitBTC, so this proposal does represent a return to original form! The initial intention of this farm was to allow investors to maximise their BOMB exposure while earning great yields. However, it made sense to transition to CZBOMB/bitBTC at the point of the BOMB to bitBTC migration given it was initially envisaged BOMB would no longer have a major use case. This of course changed when we determined BOMB would be the native token of BOMB Chain.
It’s important to highlight that bitBTC will play a huge part in our ecosystem’s success and will massively benefit from our upcoming mobile app launch in January given the bitBTC/BTCB farm will be used to generate yield for Bitcoin deposits. However, with so many community members accumulating BOMB we feel it’s appropriate to propose this farm is revised to deliver against its initial intent.
No migration would be required and investors would simply unpair their assets and re-pair their CZBOMB with BOMB.
- CZEMP/EMP to be replaced by CZETH/ETH
This farm was initially created to allow investors to maximise their exposure to EMP, which is pegged at a 4000:1 ratio to ETH. EMP has been tracking below peg for some time and generally does not align with our strategy of offering yields on high quality blue-chips. While we will launch a protocol on Ethereum Mainnet, we’re keen to do so at a point when the market is in a stronger position. Therefore, we feel providing investors ETH exposure on BNB chain would be valuable at this stage.
How would the migration from CZEMP to CZETH work?
We will create a new token, CZETH, with an initial supply equal to exactly 1/4000th the supply of CZEMP. CZETH will peg to ETH 1:1. Since EMP is pegged to ETH at a 4,000:1 ratio, and allowing migration from CZEMP to CZETH at 4,000:1, we can perform this migration with zero change to peg and without causing harm to investors’ CZEMP positions.
You’ll find more detail on the way this would work in the governance proposal.
These proposals will have two options:
- Yes – make the proposed changes
- No – leave the CZPegs farms as they are
The window for community discussion is now open – join the discussion here.
The 24-hour voting window will then begin at 17:00 EST/22:00 UTC tomorrow.
We want to hear from you!
What do you think about the new website? Are you excited about the AIRDROP Bonus Offer? What are your thoughts on the governance vote? Let us know in the comments below!
