PolyPegs Ahead of Schedule
We’re excited to announce that the PolyPegs website is now live one week ahead of schedule!
You can now check out the site and start planning your entry into our Genesis Farms, which begin October 24th at 4pm UTC and will run for 24 hours. For those of you familiar with our high yield seigniorage protocols, you’ll know that Genesis Farms are where you can earn some of the highest APR’s in all of DeFi. You can enter PolyPegs Genesis Farms by depositing either USDC or WMATIC (Wrapped MATIC).
As with all PegHub protocols, you must have a BOMB Evolution NFT in your wallet in order to participate in these extremely lucrative Genesis Farms. You can purchase a BOMB Evolution NFT here for just 0.025 ETH and it will also grant you access to all future PegHub Ecosystem launches as well!
Remember, Genesis Farms allow the initial distribution of polyMATIC, our MATIC peg token. You can then pair your polyMATIC tokens with WMATIC to farm and earn high APRs with rewards paid in polySHARE. You can then deposit your polySHARE in the boardroom or our share farm to earn even more polyMATIC!
Governance Vote to Convert Share Farms on BNB Chain to Be Paired With BOMB
As you know, we’re rapidly progressing the development of our own delegated proof of stake blockchain – BOMB Chain. BOMB Chain’s initial use case will be to power our revolutionary mobile app, with BOMB Money and a few trusted partners running validators. In the future we plan to launch grants to enable developers globally to build on BOMB Chain, making BOMB one of the largest names in the Web3 space! Look out for a blog later this week outlining the many ways the app & BOMB Chain will help the entire ecosystem thrive.
BOMB Chain’s launch, of course, means the BOMB token has a host of new utilities:
- The gas & governance token for BOMB Chain
- Required to be staked by validators who’ll keep the network secure and be rewarded with a share of transaction fees (more on this in future BOMBshell Mondays!)
- BOMB Mobile App users will be able to unlock higher APRs with BOMB
Understandably, many community members are already accumulating while prices are so low!
BOMB will be a critical part of the ecosystem and given it is pegged at a 10,000:1 ratio with Bitcoin, it will be a strong base for any liquidity pair. We know many of our community are also accumulating share tokens while prices are low so providing farms combining these assets is something we expect to appeal to many. Therefore, we’re proposing the share farms on BNB Chain become paired with BOMB. In practice, this proposal would mean:
- BSHARE/BNB rewards reallocated to a new BSHARE/BOMB farm
- bitSHARE/BTCB rewards reallocated to a new bitSHARE/BOMB farm
- CZshare/BNB rewards reallocated to a new CZshare/BOMB farm
Come and join the discussion here to let us know what you think.
As always, the PHUB holder voting window will be open for 24 hours, running from 22:08 UTC, 11 October 2022. Make sure to have your say!
Providing the proposal passes, rewards will stop being distributed to the existing share farms on the 26th of October, with the new farms beginning the same day.
The BOMB Money Team Continues to Grow. Join Our Team!
I’m truly impressed with how much our team delivers every single day to keep growing the BOMB Money ecosystem. With so much on the go, we’re always looking to add more top talent to our team and this has never been more crucial than over the next two months as we launch the BOMB Mobile App and BOMB Chain. You can see a list of all our positions at the new bombmoney.com page.
Why join the BOMB Money team? Other than being part of the fastest-growing company in DeFi, you can enjoy the following benefits:
- Work remotely 100% of the time
- Flexible hours! Our team is located around the globe, so “9 to 5” does not exist.
- You will be paid in cryptocurrency. You can withdraw your payment daily, weekly, or however often you want!
- Benefit from the success of BOMB Money – As the company grows and becomes more successful, you will benefit directly via increased pay and generous bonuses!
- Fun and inclusive work environment – BOMB Money is an equal opportunity employer with team members across the globe.
We’d love to have you join our team. See all available jobs and apply here.
Win 1 of 5 Passes to Watch Aaron at the Web3 & Blockchain World Event in Toronto
We’re less than a month away from BOMB Money taking over Canada at the Web3 & Blockchain World Event in Toronto. The event will run for two days, taking place on November 8th and 9th. Aaron will be speaking on both days, sharing his expertise with a panel on both DeFi and Blockchain.
If you want to be part of this exciting event and watch live as we introduce the BOMB Mobile App and showcase BOMB Chain to a new audience, you can win 1 of 5 virtual passes valued at $199 USD each! To enter, simply:
- Follow @BOMBMoneyBSC on Twitter.
- Like and Retweet this tweet.
- Comment on the tweet and tell us what excites you most about BOMB Money!
I can’t wait for next week’s BOMBshell Monday where, if everything is finalized in time which we expect to happen shortly, we’ll be announcing a massive partnership for BOMB Money!
See you on Pluto soon,
Aaron
