BSHARE (BSHARE) is currently priced at $0.03 USD. The price has decreased 0.02% in the last 24 hours. Fully diluted valuation: $1,519.658. Total supply is 46,001 BSHARE.
Stats
| 1 Day | −0.02% |
|---|
| 1 Month | −0.12% |
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| 3 Months | −0% |
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| 1 Year | −0.49% |
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| 1 Day | 1 Month | 3 Months | 1 Year |
|---|
| −0.02% | −0.12% | −0% | −0.49% |
| Market Cap | $0.00 |
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| Fully Diluted | $1.5K |
|---|
| Market Cap | Fully Diluted |
|---|
| $0.00 | $1.5K |
About BSHARE
Bomb Shares or $BSHARE is the way we represent the value and shareholders trust of the Bomb Protocol and its ability to maintain peg to Bitcoin. During an expansion epoch the Boardroom mints $BOMB which is distributed proportionally to $BSHARE holders who are staked in the Boardroom.
$BOMB is an algocoin which is designed to follow the price of BTC. Enjoy high yields normally only found on high risk assets, but with exposure to BTC instead!
The $BOMB algorithmic token serves as the backbone of a rapidly growing ecosystem aimed towards bringing liquidity and new use cases to the BSC network.
The protocol's underlying mechanism dynamically adjusts $BOMB's supply, pushing its price up or down relative to the price of $BTC.
Inspired by tomb.finance, which was originally inspired by the idea behind Basis as well as its predecessors (bDollar and soup), bomb.money is a multi-token protocol which consists of the following three tokens:
-bomb.money ($BOMB).
-BOMB Shares ($BSHARE).
-BOMB Bonds ($BBOND).
What differentiates $BOMB from other algorithmic tokens?
Unlike previous algorithmic tokens, $BOMB is not pegged to a stable coin — it is instead pegged to $BTC.
Because of BTCs high per coin price, we have decided to peg BOMB to BTC at a 10,000:1 ratio. In other words, 10,000 BOMB should equal 1 BTC for our PEG to be maintained.
One of the primary shortcomings of past algorithmic tokens has been a lack of use cases, leaving no good reason for somebody to want to use or hold them. In order to successfully maintain the peg in the long-run, the BOMB team will maintain a focus on innovation around enhanced functionality and use cases.