# Introduction Welcome to Bomb Money! If this is your first time here, please take some time to read through this documentation before you begin using the protocol. This documentation is intended to take you through the entire process of how to get started using Bomb Money to earn stable, high yields that are only possible through the power of DeFi, but with the stability and security of exposure to Bitcoin, the world's largest and most stable crypto asset. Let's dive in! ## Origins Bomb Money is based upon the work of the brilliant **tomb.finance** project on the Fantom network. At the time, it was hard to believe that nothing similar existed on any other larger networks, so it was a great opportunity to bring an amazingly stable and robust DeFi protocol like **tomb.finance** with a few unique twists to the masses. As far as networks go, Binance Smart Chain (BSC) seemed like the perfect choice with its fast transaction speeds, low gas fees, and much larger user base, so one thing led to another and now here we are!\ \ This project would certainly not be possible without the work of the [tomb.finance](https://tomb.finance) team. Their project being fully open source and developed exceptionally well made it a pleasure to work with, and we would not be here today without their efforts, so we want to give a special thank you to them for that. {% hint style="info" %} Bomb Money was launched on November 23, 2021. The rest is history! {% endhint %} ## What's the point? Ultimately, the purpose of the Bomb Money protocol is to provide the means for its underlying BOMB asset to maintain a value that is algorithmically pegged to the value to Bitcoin (BTC) at a 1,000,000 to 1 ratio. So, what good is that? We will explore this idea further throughout this documentation, but for now without getting *too* technical, this opens up a world of possibilities for existing, long-time Bitcoin holders, people already familiar with DeFi, as well as new users just coming into the space. Bitcoin transactions are slow and expensive. There are not nearly as many attractive yield earning opportunities in DeFi for people to put their precious Bitcoin to work for them. BOMB, through the Bomb Money protocol, can solve many of these problems and more, generating immense value for our users in the process. As the Bomb Money ecosystem grows over time, the potential future applications are quite literally endless. And, as you proceed through this documentation and learn more about how the Bomb Money protocol works, we will explore some of that potential in more detail. {% hint style="info" %} BOMB is the native token of the Bomb Money protocol. The built-in stability mechanisms within the protocol aim to maintain BOMB's peg of 1,000,000 BOMB = 1 Bitcoin (BTC) in the long run. {% endhint %} ## What are the Bomb Money protocol tokens? Bomb Money’s multi-token protocol currently consists of the following four tokens, and each plays a critical role in how the protocol works to maintain peg: 1. **BOMB Tokens ($BOMB)** - The BOMB token is designed for use as a medium of exchange, and is intended to have many other use cases as the Bomb Money ecosystem grows. BOMB is algorithmically pegged to Bitcoin (BTC) at a ratio of 1,000,000 BOMB to 1 BTC. 2. [**xBOMB Tokens ($XBOMB)**](/protocol/earning-opportunities/xbomb-bomb-staking) - xBOMB is the governance token of BOMB Protocol. It can be obtained by staking BOMB. This helps to keep BOMB supply limited while providing another means of earning yield for BOMB holders, among other planned use cases. 3. **BOMB Shares ($B2SHARE)** - B2SHARE can be staked in the [Boardroom](/protocol/earning-opportunities/boardroom) to earn a portion of minted BOMB as rewards to those B2SHARE holders for investing in the health and stability of the protocol. 4. [**BOMB Bonds ($BBOND)**](/protocol/earning-opportunities/bonds-mechanism) - BBOND’s main job is to help incentivize and reward users for helping to regain peg during times of supply contraction below peg. ## How does it work? The Bomb Money protocol works through a synergistic design of unique tokens and mechanisms that create an automatic, self-reinforcing system to help maintain the peg (1,000,000 BOMB = 1 Bitcoin). Each of these tokens and mechanisms will be explained in further detail within this documentation, but for now let's have a look at a brief overview of how it all works: * When **BOMB price is over the peg**, new BOMB are minted by the protocol to inflate the supply in an attempt to drive the price down towards the peg. These new BOMB are allocated to B2SHARE holders in the Boardroom, as a reward for their investment and trust in the protocol. This in turn increases the demand for and the value of B2SHARE. * When **BOMB price is at the peg**, no new BOMB will be minted, keeping the supply fixed during this time. Since there will be no new supply coming in, the peg will be maintained indefinitely at this point unless there is a shift in demand. More buying pressure during this time will push the price back up above the BOMB minting threshold. Conversely, more selling pressure will push the price below the peg. * When **BOMB price drops below the peg**, the protocol will begin to mint BBONDs (up to a maximum debt limit). Experienced investors will have the ability to exchange their BOMB for these BBOND, which they can then redeem for BOMB at a premium above peg in the future. This removes BOMB from the total supply, applying upward pressure on the price towards the peg. Besides this, investors who believe in the protocol's ability to maintain peg can just buy BOMB to essentially purchase Bitcoin at a discount to the market. Both of these incentives are intended to create upward pressure on BOMB's price when under the peg so that the peg can be regained over time. BOMB staking (xBOMB), and other features of the protocol that will be discussed later, also help limit BOMB supply and apply upward pressure on the price during this time. {% hint style="info" %} There are so many different ways you can utilize the mechanisms of the Bomb Money protocol to earn yield. Pick a strategy that is right for you, based upon your own knowledge and experience. Even the most simple and basic of strategies can earn great returns, but feel free to experiment with more complex strategies as you learn how the protocol works! {% endhint %} ## What exactly is the peg? BOMB is a token that is intended to track the price of Bitcoin (BTC) algorithmically. The ratio for this peg is set at 1,000,000 BOMB to 1 BTC. BOMB **actively tracks this peg via an algorithm**, but that **does not mean** it will be valued at 1,000,000 BOMB to 1 BTC at all times as **it is not collateralized**. **BOMB is not to be confused for a crypto or fiat-backed stablecoin.** The entire design of the Bomb Money protocol is intended to try and maintain this peg as closely as possible, but as it is an algorithmic peg, this will never be a completely stable process. In fact, some of the unique profit-generating opportunities offered by the protocol actually only exist because of these price fluctuations. To put it simply, there will **almost certainly be times when the price of BOMB is below peg**. This is a natural part of the process, and opens up opportunities for active investors/traders to "buy the dip" and help support the protocol by regaining peg, while also profiting from the discounted price. ![A visualization of BOMB price in relation to peg](https://817573540-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Ffir9H9ck6r6eH3VEWFGa%2Fuploads%2FwXIVih4x3wBdKDRjgLPY%2FBOMB%20Price%20Visualization.png?alt=media\&token=5adca97b-792b-424e-9f38-6553db682410) When the protocol is healthy and stable, the price of BOMB will likely look similar to above, with price fluctuating above and below peg as the mechanisms of the protocol work to influence supply and demand and maintain an average price around the peg. Keep this in mind when developing your strategies and when taking a more active role in the protocol. # Getting Started ### **What do I need to get started with Bomb Money?** First, please make sure to read the [**introduction**](/) if you haven't already so that you can truly understand the concepts behind Bomb Money and how they work before you invest in it. Second, as always, with anything in crypto it’s wise to keep the following rules in mind: * Never invest more than you are comfortable with. * Do your own research. * Diversify your risks. * Take your initial investment out when in profit to secure your capital. Once you are ready to take the next step it's time to figure out how to bridge your funds to Binance Smart Chain (BSC) if you don't already have investable funds there. Let's go through the entire process step-by-step, and feel free to skip through any parts you already understand. {% hint style="warning" %} We *highly* recommend reading **all** of the documentation before participating in the Bomb Money protocol. Not only will it benefit you, but it will benefit the entire ecosystem when the protocol is being used correctly by a fully educated user base. You'll be glad you did! {% endhint %} # Getting Funds to Binance Smart Chain (BSC) Let's get comfy with Binance Smart Chain (BSC). ### Connecting to Binance Smart Chain (BSC) If you aren't already connected to Binance Smart Chain (BSC) in your preferred wallet and you don't know how to do that, you'll need to do that first. There are plenty of great guides already out there on how to set that up. Here are a few we like, depending on which wallet you're using. #### Metamask * **\[TEXT]** [Connecting MetaMask to Binance Smart Chain (Binance Academy)](https://academy.binance.com/en/articles/connecting-metamask-to-binance-smart-chain) * **\[VIDEO]** [How to Connect MetaMask to the Binance Smart Chain (BSC)](https://www.youtube.com/watch?v=HVH6wpaHcDI) #### Trust Wallet * **\[TEXT]** [Connecting Trust Wallet to Binance Smart Chain (BSC) (Binance Academy)](https://academy.binance.com/en/articles/connecting-trust-wallet-to-binance-smart-chain-bsc) **SafePal** * **\[TEXT]** [How To Use Binance Smart Chain in SafePal Wallet](https://blog.safepal.io/binance-smart-chain-x-safepal/) ### Funding Your Wallet Now that you're on Binance Smart Chain (BSC), you'll need to fund your wallet. You can do that by purchasing BSC's native token **BNB** on an exchange like [crypto.com](http://crypto.com/), [Binance](https://www.binance.com/), or any other exchange that allows withdrawal to Binance Smart Chain (BSC). Just be sure it's **BEP-20**, and not **BEP-2**. If you already have crypto on another network that you'd like to use on Binance Smart Chain (BSC) to invest in Bomb Money, you can also just bridge those funds over! ### Bridging to Binance Smart Chain (BSC) There are plenty of great services out there these days that make it super simple and hassle-free to bridge funds to Binance Smart Chain (BSC) from another network. We recommend elk.finance. Here are some great tutorials to follow if you need help! #### **elk.finance** * **\[TEXT]** [Cross-Chain ElkNet bridge (Official ElkNet Docs)](https://docs.elk.finance/features/cross-chain-elknet-bridge) * **\[VIDEO]** [How to Bridge Any Token onto Any Chain Easily! (Elk.Finance) (The Calculator Guy)](https://www.youtube.com/watch?v=fKSkjfsUA-U) Now that you've got your wallet connected to Binance Smart Chain (BSC) and your funds ready to deploy, you're finally ready to get started with Bomb Money. In the next section, let's learn how to actually buy BOMB and other ecosystem tokens, and then explore some of the different strategies you could use depending on your risk tolerance and how you intend to utilize the protocol. {% hint style="danger" %} If you haven't already at this point, please thoroughly read through the protocol documentation and be absolutely sure you fully understand each element of the Bomb Money protocol before proceeding. You'll have a much easier time understanding the potential strategies for using the protocol if you do! {% endhint %} # How to Buy BOMB You can buy BOMB or B2SHARE on PancakeSwap or using any decentralized exchange aggregator (like Bogged Finance). ### Buy BOMB You can buy bomb over at [PancakeSwap](https://pancakeswap.finance/swap?inputCurrency=0x7130d2A12B9BCbFAe4f2634d864A1Ee1Ce3Ead9c\&outputCurrency=0x522348779DCb2911539e76A1042aA922F9C47Ee3). ### Buy B2SHARE You can buy B2SHARE over at [PancakeSwap](https://pancakeswap.finance/swap?outputCurrency=0x0DF73831C00B157bB0FeD3c06eB475F201B64a78).\ \ You can also find quick and easy links to purchase each token on the [Bomb Money app's](https://app.bomb.money/) main page:
Now that you know how to buy BOMB and B2SHARE, let's take a look at some strategies in the next section that you can use as a framework for formulating your own investment strategy with Bomb Money. # Strategies Potential strategies to reference as a quick-start guide to using the Bomb Money protocol. Congratulations! You've made it this far. Now that you're ready to start using Bomb Money to earn some great yields, let's look at some basic strategies you can follow as a framework for your own investment strategy. We'll break things down by complexity and relative risk, so feel free to mix and match elements according to your own level of experience, investment goals, and risk tolerance. {% hint style="danger" %} The strategies described here are intended only to illustrate how to use the Bomb Money protocol and **do not constitute financial advice**. Always do your own research and make your own decisions with regard to how you use Bomb Money. {% endhint %} ### **⭐BOMB-BTCB Liquidity Pool Autocompounding Vault Strategy** This is the most simple and consistent strategy for new users, as it requires the fewest steps and the least effort to maintain (as in, zero effort). This option maintains the maximum amount of exposure to Bitcoin (BTC) while still earning incredible yields that automatically compound every two hours. If you're already holding BOMB and BTCB in your wallet and know how to throw that into the [liquidity pool for LP tokens](https://pancakeswap.finance/v2/add/0x7130d2A12B9BCbFAe4f2634d864A1Ee1Ce3Ead9c/0x522348779DCb2911539e76A1042aA922F9C47Ee3), you can do that manually if you like. (Refer to the [Provide LP](/helpful-guides/provide-lp) section for instructions on how to do this if you are interested.) But, our autocompounder found at [BOMB MAX](https://www.bomb.app/farm#) vault can also do this automatically for you by "zapping " various assets directly into the BOMB-BTC pair, which is the method we recommend. ### Semi-active Restaking Strategy Once you have familiarized yourself with the Bomb Money protocol and how everything works, you might be interested to try a more active and advanced strategy to diversify your passive income streams and potentially increase yields. One way to do this would be to buy some BOMB and pair it with BTCB to receive BOMB-BTCB LP tokens. (Refer to the [Provide LP](/helpful-guides/provide-lp) section for instructions on how to do this.) You can then stake those LP tokens in our [Farms](/protocol/earning-opportunities/farms) to earn B2SHARE, which you can then withdraw on a regular basis and stake in the [Boardroom](/protocol/earning-opportunities/boardroom) to earn additional BOMB when above peg and the Boardroom is printing. What you do with the BOMB you earn then is up to you. You could stake it for [xBOMB](/protocol/earning-opportunities/xbomb-bomb-staking), sell it immediately on the open market, or pair it with some fresh BTCB and deposit it into the farms to earn even more compounding returns on those rewards. ### **More Complex/Active Strategies** As the Bomb Money ecosystem grows, more complex, advanced, and active strategies will emerge. Once you fully understand the protocol and how all its mechanisms interact, feel free to experiment. Keep in mind these fundamental aspects of the protocol when you are thinking about how to most optimally balance your portfolio: 1. The Boardroom only prints for B2SHARE stakers **when the peg is above 1.01**. 2. The higher BOMB is above peg, the **more BOMB is printed for B2SHARE stakers in the Boardroom**. This makes staking B2SHARE more attractive the higher above peg we currently are. 3. Conversely, B2SHARE becomes less attractive as BOMB dips below peg. Ultimately, the goal of an advanced user of the protocol should be to help maintain the peg. Doing so will result in the greatest rewards for not only yourself as an individual, but for every person participating in the protocol as a whole. Strategically rebalancing your portfolio to apply buying pressure to BOMB when below peg, or selling pressure when above peg, can be a very profitable strategy, but is not without risk. As such, this type of strategy is for experienced users only. {% hint style="success" %} The easiest way to earn consistent yields with Bomb Money is always in the autocompounding vaults over at [BOMB MAX](https://www.bomb.app/). Everything they do you can do manually, but require significant time for monitoring and gas fees for every transaction. {% endhint %} # General / Quick ROI Strategy The strategies outlined here are suitable for most BOMB Money investors, especially those new to the protocol. They allow for safe farming of non-volatile assets, and also allow for immediate return on investment (ROI). Strategies will be outlined below in a rough order of easiest and safest, to slightly more advanced and a little more risk, but potentially with more upside. ### **Auto Compounding VS Manual Farm** You have two options with all of the BOMB Money farming strategies. One of them gives you the power of compound interest and automatically growing the size of your position, while the other requires manually collecting rewards, but can be advantageous if you want to use those rewards for instant return on investment (ROI). Let’s break down both options: #### **Auto Compounding Vaults** Our auto compounding vaults can be found at [https://www.bomb.app](https://www.bomb.app/). The way these vaults work is that they will automatically compound at certain intervals (every two hours). This collects all farm rewards, and sells it, to grow your position. This happening every two hours allows you to continuously earn rewards on your ever growing position, giving you maximum benefits from compounding. Profit taking is not quite as straight forward with this option, you would need to remove a portion of your position and sell it to take profits. Meaning, you can take your BOMB-BTCB autovault position and withdraw it as the liquidity pool (LP) tokens themselves, and head over to [PancakeSwap](https://pancakeswap.finance/v2/remove/0x522348779DCb2911539e76A1042aA922F9C47Ee3/0x7130d2A12B9BCbFAe4f2634d864A1Ee1Ce3Ead9c) where you can convert the pair into it's base assets and do with them as you please. An example way to take profit with this, would be something like: Deposit 50 LP tokens into the autovault. After a week, you now have 55 LP tokens in the autovault. You withdraw 2.5 LP tokens, leaving you with 52.5 still there to auto compound, and have 2.5 LP tokens to do as you please with. #### **Manual Farms** Manual farms are very similar to auto vaults, except rewards need to be collected manually. If you are generally compounding rewards back into your position, the autovault would be a better option for you. The manual farm makes most sense when: -You want to take profits immediately, you can sell the reward token you receive from the manual farm -You want to collect B2SHARES to stake in the boardroom, to farm with, or just simply because you think they will appreciate in value and don’t want them autosold every 2 hours. The manual farms don’t have the same convenient zap-in functionality as BOMB MAX does, so you will need to manually create your LP position at [PancakeSwap ](https://pancakeswap.finance/v2/add/0x7130d2A12B9BCbFAe4f2634d864A1Ee1Ce3Ead9c/0x522348779DCb2911539e76A1042aA922F9C47Ee3)or ACSI depending which farm you are going for. Each farm has a link at the bottom of the page which directs you to the specific page to add liquidity to create your LP pair. ### **Strategy Guide** These strategies all involve utilizing one or more of our farms. Depending on your goals, risk tolerance, and investment. We have three different core pairs, and corresponding farms + auto vaults. You can choose various different allocations of your funds to the different farms depending on risk tolerance and market outlook. This strategy is what I recommend for most new users. It involves taking 100% of your investment and allocating it to our BOMB-BTCB pair. This pair consists of 50% BOMB (bomb.money token) and 50% Bitcoin (BTCB on BNB Smart Chain). It has low impermanent loss, is stable, and provides Bitcoin + Bitcoin peg token, for maximum BTC exposure. It pays incredibly well considering the safety and full Bitcoin exposure offered. This strategy works equally well with both the auto-compounding vaults and the manual farm. # Migrating Positions Properly To allow for the BOMB protocol to stay healthy, it is essential that we all work as a team by minimizing sells on our tokens, especially BOMB, whilst we are under 1.10 peg (minimal 1.05 peg). We offer many incentivized farms which users bounce between very often. The following guide was created to help our investors enter each farm with minimal impact to the protocol, making sure everybody wins! If you have any further questions after reading this article, please talk to our support staff in Discord or Telegram. ![We created the below graphic as a simplified guide to keep us over peg, this ties in with Migrating Positions Safely!](https://817573540-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Ffir9H9ck6r6eH3VEWFGa%2Fuploads%2F8dkztUxm5wYzMAHG82pb%2FBOMB-PEG-Survival-guide.png?alt=media\&token=6feb65ed-56f8-4477-90a3-219f6d0d61d4) ## XBOMB to BOMB Maxi Many of our users have accumulated a large amount of xBOMB, be that through buying BOMB or receiving boardroom prints. If you would rather be farming for B2SHARE rewards, we recommend the following strategy. {% hint style="danger" %} **Important note!** Zapping just BOMB into the BOMB Maxi pool will cause a Balancer sell. You won’t see it as a sell, however the underlying bots will sell 20% of your BOMB for BTCB. This is why we suggest doing this in small chunks, to avoid large, unnecessary BOMB sells. {% endhint %} * Unstake a small amount from the xBOMB contract (we recommend a max of 500 BOMB). * Acquire ¼ of the USD value of your BOMB in BTCB. Ideally add new funds to avoiding selling any BOMB or if you have any B2SHARE rewards from farms, convert them to BTCB. * Head to [Acsi Finance Bomb MAXI](https://app.acsi.finance/#/pool/0xd6f52e8ab206e59a1e13b3d6c5b7f31e90ef46ef000200000000000000000028) and click **Invest**. * Click **Max**, then **Preview**, then **Invest**. (If you have BTCB, click “**Proportional Suggestion**”) ![](https://817573540-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Ffir9H9ck6r6eH3VEWFGa%2Fuploads%2Fqj1YmKcqIqXtY3I44wH0%2Fimage.png?alt=media\&token=1cd0b756-9aa5-48f8-a6ce-f68b79082126) * Head to our [Manual Farm staking page](https://app.bomb.money/farm/BombMaxiLPBShareRewardPool), and click then “**+**” button to add your LP. ## MAXI pools to Core 50%-50% pools For BOMB Maxi to BOMB/BTCB 50/50% we only recommend doing this when we are over 1.05 peg, unless you can add funds to avoid selling any BOMB! For B2SHARE MAXI to B2SHARE/BNB 50/50%, this be can done at any time, just try to do small amounts at a time! Users switching from our Maxi pools to our original 50/50 pools normally do so due to one of two reasons; * The 50/50 farm is paying a higher APR. * The 50/50 farm is less volatile, some users prefer this. ### BOMB MAXI to BOMB/BTCB 50/50 Firstly, un-stake your LP from our manual farm [here](https://app.bomb.money/farm/BombMaxiLPBShareRewardPool). After this, go to [Acsi Finance BOMB Maxi](https://app.acsi.finance/#/pool/0xd6f52e8ab206e59a1e13b3d6c5b7f31e90ef46ef000200000000000000000028) and press “**WITHDRAW**” to separate your LP. ![](https://817573540-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Ffir9H9ck6r6eH3VEWFGa%2Fuploads%2FnTrJCon4gybGdDg6qcE8%2Fimage.png?alt=media\&token=37bbfe0e-7890-44c4-94e9-711b3e58a4b0) Then, ideally, add enough extra BTCB to balance out your BOMB and BTCB holdings. Remember, an easy way to gather extra BTCB funds is to sell your B2SHARE paying manual farm rewards! Once you have your balanced assets ready (50% BOMB, 50% BTCB), head over to Pancakeswap and [add BOMB/BTCB liquidity](https://pancakeswap.finance/add/0x7130d2A12B9BCbFAe4f2634d864A1Ee1Ce3Ead9c/0x522348779DCb2911539e76A1042aA922F9C47Ee3). After you have added liquidity, you have two options. You can add to our manual farms to earn B2SHARE or you can enter our auto compounding vault to earn more LP tokens. * To enter our manual farm to earn B2SHARES deposit your LP [here](https://app.bomb.money/farm/BombBtcbLPBShareRewardPool). * To enter our Auto-compounding vault, deposit your LP [here](https://www.bomb.farm/#/bsc). ### B2SHARE MAXI to B2SHARE/BNB 50/50 This process is very similar to above, start by unstaking your LP from [here](https://app.bomb.money/farm/BshareMaxiLPBShareRewardPool). Then head over to [Acsi Finance](https://app.acsi.finance/#/pool/0x2c374ed1575e5c2c02c569f627299e902a1972cb000200000000000000000027) and “**WITHDRAW**” your assets. {% hint style="danger" %} **Important note**! You will receive WBNB when you break your LP, convert this to BNB on any swap site you use! [1inch](https://app.1inch.io/#/56/swap/WBNB/BNB) or Pancakeswap both work great. {% endhint %} Once you have the correct two assets, if you have extra funds available convert them to BNB to balance out your B2SHARE and BNB holdings. If you do not, sell some B2SHARE (in small amounts) to achieve this instead. When you have the right amount of each asset ready, head to Pancakeswap and [add B2SHARE/BNB liquidity](https://pancakeswap.finance/add/BNB/0x531780FAcE85306877D7e1F05d713D1B50a37F7A). Similarly to above, after you have added liquidity, you have two options. You can add to our manual farms to earn B2SHARE or you can enter our auto compounding vault to earn more LP tokens. * To enter our manual farm to earn B2SHARES deposit your LP [here](https://app.bomb.money/farm/BshareBnbLPBShareRewardPool). * To enter our Auto-compounding vault, deposit your LP [here](https://www.bomb.farm/#/bsc). ## To wrap it all up! If we can get everyone to follow the above instructions when switching between our farming options, we are a step closer to being able to print forever. The more people we can educate and guide, the faster BOMB will grow and bring in new investors! Remember, if you’re ever in doubt, please ask any of our team who will be more than happy to assist you. # Tokens ### BOMB - bomb.money Token ![bomb.money (BOMB)](https://817573540-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Ffir9H9ck6r6eH3VEWFGa%2Fuploads%2F4MZtK5eSTFOtbZAh3iPJ%2Fbomb-256.png?alt=media\&token=455edcbe-eed3-4b48-a763-621b828b4b58) Contract: [0x522348779DCb2911539e76A1042aA922F9C47Ee3](https://bscscan.com/address/0x522348779dcb2911539e76a1042aa922f9c47ee3) The BOMB token is designed to be used as a medium of exchange. The built-in stability mechanisms within the protocol aim to maintain BOMB's peg of 1,000,000 BOMB = 1 Bitcoin (BTC) in the long run. {% hint style="warning" %} Note that BOMB **actively pegs via an algorithm**, but that **does not mean** it will be valued at 10,000 BOMB to 1 BTC at all times as **it is not collateralized**. **BOMB is not to be confused for a crypto or fiat-backed stablecoin.** {% endhint %} ### [xBOMB - BOMB Protocol Governance Token](/protocol/earning-opportunities/xbomb-bomb-staking) ![xBOMB](https://817573540-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Ffir9H9ck6r6eH3VEWFGa%2Fuploads%2FGyAz2yMIBF3S39YumUbT%2Fxbomb-logo.png?alt=media\&token=8d2f3f68-068a-414e-9b2d-abefcf7720c0) Contract: [0xAf16cB45B8149DA403AF41C63AbFEBFbcd16264b](https://bscscan.com/address/0xaf16cb45b8149da403af41c63abfebfbcd16264b) xBOMB is the governance token of BOMB Protocol. It can be obtained by staking BOMB. Learn more about xBOMB on the [xBOMB - BOMB Staking page](/protocol/earning-opportunities/xbomb-bomb-staking). ### B2SHARES - BOMB Shares B2SHARE Contract: 0x0DF73831C00B157bB0FeD3c06eB475F201B64a78 BOMB Shares (B2SHARE) are one of the ways to measure the value of the Bomb Money Protocol and shareholder trust in its ability to consistently maintain BOMB close to peg. During epoch expansions the protocol mints BOMB and distributes it proportionally to all B2SHARE holders who have staked their tokens in the [**Boardroom**](/protocol/earning-opportunities/boardroom). B2SHARE has a **maximum total supply of 70,001** tokens distributed as follows: 1. *Treasury/DAO Allocation: 5,500* B2SHARE vested linearly 12 months\* 2. *Team Allocation: 5,000* B2SHARE vested linearly over 12 months 3. *Rewards: 15,000* B2SHARE are allocated for incentivizing liquidity providers in two farming pools for 6 months 4. Bonding / Future farms: 50,000 B2SHARE have been allocated to our protocol gnosis safe for covering LP bonding purchases and future farms. {% hint style="success" %} The Bomb Money team will use the treasury funds in any way that they feel is best for the long-term success of the protocol. {% endhint %} ### [BBOND - BOMB Bonds](/protocol/earning-opportunities/bonds-mechanism) ![BBOND](https://817573540-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Ffir9H9ck6r6eH3VEWFGa%2Fuploads%2Fj07TQvc3KlpH94cANBfw%2Fbbond-256.png?alt=media\&token=355763e9-c190-4537-89c9-66228ed16752) Contract: [0xDA1d9C79240003195d0a67f202efcCCC3F78b994](https://bscscan.com/address/0xda1d9c79240003195d0a67f202efcccc3f78b994) The main purpose of BOMB Bonds (BBOND) is to help incentivize fluctuations in the BOMB supply during epoch contraction periods. When the TWAP (time-weighted average price) of BOMB falls below 10,000 to 1 BTC, BBONDs are issued and can be bought with BOMB at the current price. Exchanging BOMB for BBOND burns BOMB tokens, taking them out of circulation (deflation) and helps to get the price back up to peg. These BBOND can be redeemed for BOMB when the price is above peg in the future, plus a premium based on how high above peg we currently are. This conversely creates inflation and subsequent sell pressure for BOMB when it is above peg, helping to push it back toward 10,000 BOMB to 1 BTC ratio. {% hint style="info" %} Unlike early algorithmic protocols, BBONDs do not have expiration dates. {% endhint %} All BBOND holders will be able to redeem their BBOND for BOMB tokens as long as the treasury has a positive BOMB balance, which typically happens when the protocol is in epoch expansion periods. # BOMB Distribution How BOMB will be distributed upon supply expansion At the beginning of every epoch, if the time-weighted average price (TWAP) of BOMB is greater than 1.01, new BOMB will be minted in the [Boardroom](/protocol/earning-opportunities/boardroom). The amount of new BOMB distributed depends on our position above peg and also the current circulating supply of BOMB. | Circulating Supply | Max BOMB Minted | | ------------------ | -------------------- | | 500k or less | ~~4.5% expansion~~ | | Up to 1M | ~~4% expansion~~ | | Up to 1.5M | ~~3.5% expansion~~ | | Up to 2M | 3\~\~% expansion\~\~ | | Up to 5M | ~~1.5% expansion~~ | | Up to 10M | 1.375% expansion | | Up to 20M | 1.25% expansion | | Up to 50M | 1.125% expansion | | 50M+ | 1% expansion | ## BOMB Rewards Distribution Flowchart ![](https://817573540-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Ffir9H9ck6r6eH3VEWFGa%2Fuploads%2F64H2VAOOxAmbBultI2Xa%2Fbomb%20distribution.png?alt=media\&token=dd70c310-6127-441b-83b7-0ee51dbd8242) # Earning Opportunities Explore the diverse avenues to amplify your investments within the Bomb Money ecosystem. From leveraging liquidity in our farms to strategic staking in the boardroom, each path offers a unique way to participate and profit. Dive into the details and choose the one that aligns with your investment style. ### [**Farms**](/protocol/earning-opportunities/farms) **Stake and Earn B2SHARE Rewards** Our farms serve as the cornerstone for liquidity provision. Stake your LP tokens and earn B2SHARE rewards.
### [**xBOMB**](/protocol/earning-opportunities/xbomb-bomb-staking) **Governance with Growth: Stake BOMB, Earn xBOMB.** As a dual-benefit token, xBOMB not only gives you a voice in protocol decisions but also grows over time, earning a share of the boardroom's rewards.
### [**LP Bonding**](/protocol/earning-opportunities/lp-bonding) **Maximize Liquidity, Maximize Rewards** LP Bonding allows you to lock in liquidity provider tokens in exchange for future rewards. It's a long-term commitment to the stability and liquidity of the marketplace, with a profitable reward structure.
### [**Boardroom**](/protocol/earning-opportunities/boardroom) **Staking for Stability and Rewards** The boardroom is where B2SHARE holders can stake their tokens to earn a share of BOMB emissions. By participating in the boardroom, you support the stability of the peg to Bitcoin and get rewarded for your commitment.
### [**Bonds**](/protocol/earning-opportunities/bonds-mechanism) **Secure Your Position with BOMB Bonds** BOMB Bonds are instrumental during periods of contraction. Purchase bonds at a discount when BOMB's price falls below peg and redeem them for a profit when the price recovers.
### # Farms

The Bomb Money farms currently available for staking LP tokens to earn B2SHARE rewards

To promote robust liquidity for Bomb Money's protocol tokens, we've strategically infused our LP farms with B2SHARE, offering it as rewards to those staking LP tokens over a span of 6 months. This distribution of B2SHARE rewards is meticulously allocated across our farms to ensure a balanced and thriving ecosystem. * BOMB-BTCB LP: 66.6% of B2SHARE rewards * B2SHARE-BNB LP: 33.3% of B2SHARE rewards ### **Optimizing B2SHARE Emissions for Long-Term Prosperity** In the evolving landscape of BOMB Money, the allocation and future of B2SHARE emissions take center stage. With 15K of the total 59.5K B2SHARE already fueling our farms, we're strategically leveraging the remainder to enrich the ecosystem and maximize rewards for our community. This approach ensures a continued flow of value, dynamically supporting BOMB's alignment with its Bitcoin peg. B2SHARE isn’t just a reward token; it’s the lifeblood of the BOMB ecosystem, empowering stability and growth. It plays a pivotal role, especially in the Boardroom, by rewarding those who contribute to maintaining the protocol's health. As we navigate forward, B2SHARE stands as a testament to our commitment to innovation, community wealth, and the endless potential of DeFi. ### 1. Why is "at-peg" (TWAP between 1.00 and 1.01) the best time to provide liquidity? Providing liquidity when BOMB is "at-peg" (TWAP between 1.00 and 1.01) is a golden opportunity for investors. This perfect alignment, mirroring the value of 10,000 BOMB to 1 BTC, transforms your investment experience, closely resembling single asset staking rather than traditional liquidity provisioning. This strategic timing minimizes the risk of impermanent loss, ensuring your assets work for you more efficiently and with increased stability. It's an optimal moment to capitalize on, enhancing your investment's potential with the security of being tethered to Bitcoin's value. ### 2. Wait, you mean that if BTC pumps, BOMB pumps with it? **Yes!**\ \ Let's look at an example:\ \ If BTC pumps in price, it won't "outrun" BOMB, even if nobody is buying BOMB at that time.\ \ The farm APRs will vary in terms of USD value, but the emissions won’t. This is something that wouldn't be possible with another 1:1 pegged asset like a stablecoin LP position, where the USD value is directly tied to the emissions. If BTC rises in USD value, BOMB goes with it. Similarly, if BTC falls in USD value, BOMB will be worth less in USD, **but it won’t affect the peg**. {% hint style="info" %} The only thing that can change the price of BOMB in terms of its BTC value (and as such, the peg) is buying and selling it. {% endhint %} # Bonds (BBOND) ![](https://817573540-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Ffir9H9ck6r6eH3VEWFGa%2Fuploads%2FrD5g8iaEX5CnIr85qtOu%2Fimage.png?alt=media\&token=9377767f-0e01-4c36-b9d5-350807d277b5) ### What are BBOND (Bonds)? Bonds are unique tokens that can be utilized to help stabilize BOMB price around peg (10,000 BOMB = 1 BTC) by reducing the circulating supply of BOMB if the TWAP (time-weighted average price) goes below peg. ### When can I buy BBOND (Bonds)? BBOND can be purchased only during periods of supply contraction and when the TWAP of BOMB is below 1. At the beginning of every new epoch during contraction periods, BBONDs are issued in the amount of 3% of BOMB's circulating supply, with a max debt amount of 35%. This means that if bonds reach 35% of the circulating supply of BOMB, no more bonds will be issued. {% hint style="info" %} Note that during a zen epoch (when an epoch ends with a TWAP between 1.0 - 1.01), **no BBOND will be issued, even though the Boardroom does not print.** {% endhint %} {% hint style="danger" %} BBOND TWAP (time-weighted average price) is based on the BOMB TWAP from the previous epoch as it ends. In other words, the BOMB TWAP is real-time but the BBOND TWAP is not. {% endhint %} ### Where can I buy BBOND (Bonds)? You can buy BBONDs if any are available through [bomb.money](https://app.bomb.money/bond) in the boardroom. Anyone can buy as many BBONDs as they want as long as they have enough BOMB to pay for them. There is a limit of available BBONDs per epoch during contraction periods (3% of BOMB's current circulating supply), and are sold first-come-first-serve. ### Why should I buy BBOND (Bonds)? The first and most important reason to buy BBOND is that they help to maintain the peg, but they are not the only measure in place to keep the protocol on track. BBONDs don't have an expiration date, so you can view them as an investment in the long-term health of the protocol to be redeemed for a premium at a later date. #### Incentives for Holding BBOND The idea is to reward BBOND buyers for helping the protocol, while also protecting the protocol from being manipulated by big players. So after you buy BBOND using BOMB, you have two possible ways to get your BOMB back: 1. Sell back your BBOND for BOMB **while the peg is between 1 - 1.1** (10,000 BOMB = 1 BTCB) with no redemption bonus. This is in place to prevent an instant dump as soon as peg is recovered. 2. Sell back your BBOND for BOMB **while the peg is above 1.1** (10,000 BOMB = 1 BTCB) with a bonus redemption rate. The longer you hold, the more both the protocol and you benefit from BBOND. {% hint style="success" %} Example: 1. When BOMB = 0.8, burn 1 BOMB to get 1 BBOND (BBOND price = 0.8) 2. When BOMB = 1.15, redeem 1 BBOND to get 1.105 BOMB (BBOND price = 1.27) {% endhint %} So, which one is better? If I buy BOMB at 0.8, and hold it until 1.15 and then sell, I'm getting +$0.35 per BOMB. But, if I buy BOMB at 0.8, burn it for BBOND, and redeem it at 1.15, I'm getting 1.105 BOMB \* 1.15 (BOMB current price) = 1,271 (+$0.47) per BBOND redeemed. But, what if getting back to peg is taking too long? We will adjust our use cases to have different behaviours on contraction and expansion periods to benefit both BOMB and BBOND holders when needed. ### What is the formula to calculate the redemption bonus for BBOND? To encourage the redemption of BBOND for BOMB when BOMB's TWAP > 1.1 and in order to incentivize users to redeem bonds at a higher price, BBOND redemption is designed to be more profitable with a higher BOMB TWAP value. The BBOND to BOMB ratio is 1:R, where R can be calculated using the formula as shown below: $$ R=1+\[(BOMBtwapprice)-1)\*coeff)] $$ $$ coeff = 0.7 $$ ### When can I swap BBOND for a premium? You can only redeem BBONDs for a premium when the previous epoch's TWAP is greater than 1.1. # xBOMB - BOMB Staking Staking bomb.money (BOMB) tokens rewards you with xBOMB, the Bomb Money protocol's governance token. ![The BOMB staking user interface](https://817573540-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Ffir9H9ck6r6eH3VEWFGa%2Fuploads%2FzMJLmfkms78qlUszxqKc%2FxBOMB%20UI.png?alt=media\&token=0ad687a5-1aff-49d9-a091-00bdf69ce304) ### What is xBOMB? xBOMB is a utility token for the BOMB Money protocol. You must hold xBOMB in your wallet to be able to vote on decisions that will shape the future of BOMB Money. The more xBOMB you hold, the more power your vote will carry. ### How Does xBOMB Work? BOMB can be exchanged to and from xBOMB at any time on our [xBOMB page](https://app.bomb.money/xbomb). When xBOMB was launched, the ratio of BOMB to xBOMB was exactly 1.0. At a ratio of 1.0, if you deposited 100 BOMB, you would receive 100 xBOMB in return. And, similarly, if you redeemed 100 xBOMB, you would receive 100 BOMB back. xBOMB is only minted when BOMB is deposited into the contract. Any time BOMB is sent to the xBOMB smart contract as rewards, it will increase the ratio of BOMB to xBOMB, generating a yield for all xBOMB holders. ### Example John deposits 10,000 BOMB into xBOMB staking, when the exchange is 1.0. John receives 10,000 xBOMB in return for his 10,000 BOMB. Other users stake a combined 90,000 additional BOMB, making the total staked amount of BOMB 100,000. Now we have 100,000 xBOMB in total, and 100,000 BOMB in the xBOMB staking contract. 10,000 BOMB are now sent to the xBOMB reward contract, making the total amount of BOMB in the contract 110,000 now (learn where BOMB rewards come from below). Since the total amount of xBOMB is still 100,000, but the BOMB shared among stakers is 110,000, the exchange rate (ratio) will now be 1.1 BOMB per xBOMB. John can now redeem his 10,000 xBOMB to receive 11,000 BOMB in return. Any new BOMB deposits at this point will receive xBOMB at the current exchange rate of 1 xBOMB per 1.1 BOMB (as per this example). ### How Does xBOMB Get Additional BOMB? There are numerous sources of BOMB for the xBOMB holders: * 20% of all BOMB minted on expansionary epochs will be deposited for xBOMB holders. This comes from the protocols BOMB allocation and has no negative impact on BSHARE staking. * 80% of all fees collected from the autocompounding vaults will be used to buy BOMB on the open market and deposited for xBOMB holders. ### Contract The xBOMB contract can be found here: [0xAf16cB45B8149DA403AF41C63AbFEBFbcd16264b](https://bscscan.com/address/0xaf16cb45b8149da403af41c63abfebfbcd16264b) # LP Bonding **Overview** LP Bonding incentivizes users to sell the protocol LPs in return for discounted BOMB tokens. These LPs will support the protocol in building protocol-owned liquidity. This benefits all investors given it allows for far more stable liquidity than the standard DeFi approach of directly incentivizing LP deposits. Currently we offer bonding on BOMB-BTCB, B2SHARE-BNB and PHUB-BTCB. Bonds have a 14-day vesting period which means your discounted payout tokens will be available to claim at the end of this period. This is to reduce immediate sell pressure on the tokens. **Example (all figures are illustrative)** You have 1 BOMB-BTCB-LP valued at $200. The BOMB price is $0.54 meaning that based on the standard market rate (i.e. without bonding discount) 1 LP would be tradable for 370 BOMB. Assuming a 7.4% discount is available on bonds, you would receive 400 BOMB tokens in exchange for your LP – 30 more than the market rate. With BOMB at $0.54 this means the BOMB you’d receive would be worth $216 at the point of bonding – $16 higher than what you paid for your LP. It’s important to remember that there is a vesting period and therefore it’s possible the value of both the LP and BOMB will move prior to the point you can claim your BOMB. **What determines the discount or premium?** Bond price is determined by the supply and demand of bonds meaning the price trends higher when there is more demand. As a result, bonders compete with each other to try and secure the largest discount. When a bond market is created, a number of variables are set including the capacity (i.e. the maximum BOMB allocated) and the expiry date. As bond purchases throughout any given day progress towards the maximum allocation the discount will decrease until the capacity has been reached, at which point a premium will apply. **How to get started** Getting started is easy and simply involves creating your LP(s) and depositing via our LP Bonding page. · Choose the pair you’d like to bond and create your LPs. To do this, you’ll first need to buy the two assets in the pair (unless you already have them in your wallet) which you can do on our swap site [here](https://swap.bomb.app/swap). Then pair them [here](https://swap.bomb.app/add/ETH). · Go to the [BOMB Money Bonding page](https://app.bomb.money/bonding) and click “Deposit”. A window will pop up and ask how many LP tokens you want to deposit while also showing how many payout tokens you will receive. Enter your desired amount and hit “Confirm”. Note that it will show the maximum number of payout tokens available. · You will now see your Bonding positions on this page along with the remaining vesting period. · You will need to return to the Bonding page at the end of the vesting period and claim your BOMB. Note that you can create additional Bonding positions at any time and it will not reset the time of your previous positions. # Boardroom ## The Boardroom User Interface ![The Boardroom user interface](https://817573540-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Ffir9H9ck6r6eH3VEWFGa%2Fuploads%2FHpivEJXGSLf5Tkw8ibLn%2FScreenshot%202022-01-26%20193115.png?alt=media\&token=f5828945-deb1-4e81-aa5c-d6a3cc85cf9d) Let's take a look at each element of the Boardroom user interface and what it means. 1. **NEXT EPOCH**\ The amount of time remaining until the next epoch. 2. **CURRENT EPOCH**\ The number of the current epoch. 3. **BOMB PEG (TWAP)**\ The TWAP (time-weighted average price) of the BOMB peg. The Boardroom only mints new BOMB as rewards for B2SHARE stakers when this value **is above 1.01** **at the end of the current epoch**. 4. **APR**\ The yield for B2SHARE stakers in the Boardroom **if the Boardroom was printing every epoch**. This calculation is based on **the last recorded print in the Boardroom**. 5. **B2SHARES STAKED**\ The total amount of B2SHARE currently staked in the Boardroom. 6. **BOMB Earned**\ The amount of BOMB you've earned as rewards for staking B2SHARE in the Boardroom. 7. **B2SHARE Staked**\ The amount of B2SHARE you currently have staked in the Boardroom. ### Boardroom Specifications * Epoch duration: 6 hours * Any interaction with the Boardroom (staking/unstaking B2SHARE or withdrawing BOMB rewards) will **lock your staked B2SHARE for 6 epochs and BOMB rewards for 3 epochs.** * Distribution of BOMB during expansion (Boardoom printing): **75%** goes to Boardroom B2SHARE stakers as rewards\ **20%** goes to BOMB stakers (xBOMB) **5%** goes to DAO fund * Epoch Expansion: The current expansion cap is based on the currently circulating BOMB supply (see [BOMB Distribution](/protocol/bomb-distribution) for details). If there are bonds to be redeemed, 65% of minted BOMB goes to the treasury until its sufficiently stocked to satisfy future bond redemption. {% hint style="info" %} Note that the Boardroom **does not** print any rewards for B2SHARE stakers when the Boardroom TWAP < 1.01. {% endhint %} ## Boardroom FAQ ### **1. Once BBONDs are issued, does the Boardroom stop printing BOMB until we are above peg again?** Staking B2SHARE will only give you BOMB rewards when the price of BOMB is above the peg (10,000 BOMB to 1 BTC), but not when it is under the peg. ### **2. What happens if I interact with the Boardroom in any way? Are there any lockup periods?** Yes, there are two lockup timers. One for BOMB rewards and one for staked B2SHARE. **Any interaction with the Boardroom will reset both timers.** The lockup period for withdrawing BOMB rewards is **3 epochs (18 hours)**, or **6 epochs (36 hours)** to unstake your B2SHARE. ### **3. Are the Boardroom rewards pro-rated by time? For example, if I stake three hours before the end of an epoch versus five hours before the end of an epoch, would I get different rewards?** No, Boardroom rewards are determined by how much you have staked at the time of printing (i.e., at the end of one epoch and the start of the other). It doesn't matter if you stake three hours before or thirty seconds before the emissions occur. ### 4. If I remove my B2SHARE from the Boardroom without first collecting my BOMB, will they be lost forever? No, they will still be there to collect whenever you need. ### 5. The Boardroom APR dropped because we're in a "debt phase." What does that mean? A debt phase takes place during expansion epochs that start after a contraction period where there are still BBOND to be redeemed. 65% of expansion during a debt phase is allocated to the treasury fund to prepare for subsequent BBOND redemption down the road. This amount is always reserved, regardless of whether BBOND holders are redeeming bonds or not. Once enough BOMB is sufficiently stocked in the treasury to satisfy the redemption of all circulating BBOND, expansion rates will resume to normal. ### 6. If we're in a debt phase, how long will it last until the Boardroom continues printing as normal? The debt phase will last as long as is necessary to adequately pay back outstanding BBOND debt. Please keep in mind that the DAO will also need to collect a little extra, as there needs to be a cushion to cover the bonus premiums when people redeem BBOND over peg.\ \ There's no exact way of calculating how many epochs it will take, since the protocol doesn't know exactly when people will redeem their BBOND. The debt phase cannot end until the treasury has enough BOMB to cover the redemption of all outstanding BBONDs plus a premium. ### 7. At the end of the epoch, the Boardroom did not print BOMB, but then no BBOND(s) were issued either. Why? There is a balanced state "at peg" when BOMB's TWAP is between 1.00 and 1.01, which results in no contraction or expansion of the circulating supply of BOMB. This is referred to as a **zen epoch**. ### 8. If BOMB continues to climb above the price of the peg, will that influence how long the debt phase lasts? Depending on the price of BOMB, the Boardroom print will have to adjust to provide a buffer for any unclaimed BBOND. As the price of BOMB climbs above the peg, more BOMB needs to be distributed to the treasury to account for BBOND redemption plus premiums. ### 9. How can I figure out what my future BOMB rewards will be from the Boardroom? Let's take a look at a simplified example for a *non-debt phase*: say you have 1 B2SHARE staked out of 10 total B2SHAREs staked in the Boardroom. In this case, you will receive 10% of the total BOMB printed in the Boardroom. For this example we are assuming that there is a total circulating supply of 10,000 BOMB and the current expansion rate is at 4%, so a total of 400 BOMB will be printed in the Boardroom. Under the protocol's current rules, 75% of those newly printed BOMB will be distributed to B2SHARE stakers in the Boardroom. (See the [BOMB Distribution](/protocol/bomb-distribution) page for more details on how BOMB is distributed within the protocol.)\ \ Therefore, you would get: ((0.04 *\** 10000) *\** 0.75) \* (1/10) = **30 BOMB**.\ \ Thus, the formula to calculate your rewards is as follows:\ ((*ExpansionRate* \* *CirculatingBOMBSupply)* \* 0.75) \* (*YourB2ShareStake* / *TotalB2ShareStaked*) ### 10. How long will it take for B2SHARE to pay itself off from BOMB rewards based on current prices? This will vary constantly as the APR in the Boardroom fluctuates, along with other variables such as the price of BOMB. For a quick estimation, however, you can do the following: 1. Take the total APR shown in the Boardroom and divide that by 365 to get the daily APR. (For this example we will say the daily APR is 5%.)
 2. Multiply that daily APR by the current market price of the total B2SHARE you have staked to see what your daily rewards are. (In this example, we have 5 B2SHARE, each worth $500, for a total amount staked of $2500. Your daily return in this case would be $2500 \* 0.05, which comes out to $125 per day.) 3. Take your initial buy-in price for B2SHARE and divide it by your daily rewards. If you bought these 5 B2SHARE at a higher price, say $700 for example, in the current market conditions you would recover your initial investment of $3500 in 3500/125 or 28 days. # Roadmap Roadmap outlining the future for Bomb Money Updates will be posted here as the Roadmap is updated. *Last updated June 7th, 2022* * [x] Timelock all contracts. Timelock has a one day lock on all contracts which control rewards or any other aspect of how the system functions. *(Completed Q1 2022)* * [x] Initial website redesign. *(Completed Q4 2021)* * [ ] Complete website revamp to make our core features much easier to understand and to allow for simpler participation in the protocol. ([Ongoing here](https://max.bomb.app/home)) * [x] Complete documentation revamp. *(Completed Q1 2022)* * [x] Autocompounding vaults. *(Completed Q4 2021)* * [x] Establish partner autocompounding vaults. *(Completed Q1 2022, more partnerships coming)* * [x] Add BOMB single staking (xBOMB). *(Completed Q1 2022)* * [x] Add new incentivized LP farm(s) to provide new ways for investors to optimize compounding yields within the protocol. *(Multiple vaults added)* * [ ] Run a Bomb Money BSC validator (requires 10,000 BNB). * [x] Enable single staking of BTC from BTC main net. *(Completed Q1 2022 -* [*BombBTC.com*](https://www.bombbtc.com/)*)* * [ ] Other new and exciting ways for users outside of BSC to participate in our protocol. * [ ] Shift to a community governed project, where all contracts are owned by a DAO. Project decisions will be voted upon by protocol participants, weighted by their holdings of our governance token (xBOMB). (Currently projected for mid-2022.) * [ ] Develop a full Tarot fork on BSC, giving access to all other protocols to use. Fees to support the BOMB ecosystem. (Ongoing!) * [x] Create our own Abracadabra (MIM) fork, [busm.money](https://busm.money/), with xBOMB as collateral. (Completed Q2 2022. More options coming!) * [x] Partner with [Midas Capital ](https://app.midascapital.xyz/56/pool/0)to enable BOMB, LP's and BTCB as collateral. (Completed Q2 2022) * [x] Launch [CZpegs](https://www.czpegs.com/) to provide a foundation for BOMB to grow upon. (Completed Q2 2022) * [ ] Launch BOMB CHAIN with BOMB as our native token. (Currently projected for late 2022/early 2023.) # Treasury Transactions All transactions pertaining to BOMB performed with treasury funds will be listed here. * Dec 1st 2021 12.5 BSHARE swap to BOMB: Burn of proceeds: # Ledger, xBOMB Collateral workaround A few of our users have experienced problems when trying to deposit xBOMB as collateral into our [busm.money](https://busm.money/) protocol when using a Ledger device. Please follow the steps below to manually fix this problem! (Until a long term fix has been applied). * Head to [this link](https://bscscan.com/address/0x66a5224a941bc56dccdaf6c37f29f3e4bcb8f9eb). * Select "**Contract**". ![](https://817573540-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Ffir9H9ck6r6eH3VEWFGa%2Fuploads%2FIuvalFYo9dLz9XthOrtT%2FAnnotation%202022-05-04%20181705.png?alt=media\&token=58eba0a6-b2f9-4be2-b7e6-e3b5cc3a955d) * Select "**Write Contract**". ![](https://817573540-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Ffir9H9ck6r6eH3VEWFGa%2Fuploads%2Fg1UjnwlT9aprLNWg1TkT%2FAnnotation%202022-05-04%20181814.png?alt=media\&token=1f9075ce-8479-456e-b5e5-53faa5eeb734) * Click "**Connect to Web3**". (*Connect with your Ledger).* ![](https://817573540-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Ffir9H9ck6r6eH3VEWFGa%2Fuploads%2FZejUbnCFYYvt1xPmiPfo%2FAnnotation%202022-05-04%20181908.png?alt=media\&token=9da0512f-d89a-467c-93ed-fcde47023a95) * Once connected, scroll down to section "**10. SetMasterContractApproval**". * Enter the following information; * user - **enter your Ledger address here** * masterContract - **0x070430D1C765623C46C66c06A8164bB29705fF7F** * approved - **true** * v - **0** * r - **0x** * s - **0x** ![](https://817573540-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Ffir9H9ck6r6eH3VEWFGa%2Fuploads%2FdTPZqFeWIJ4nMhaWflGq%2FAnnotation%202022-05-04%20182906.png?alt=media\&token=90e302dd-584e-442f-8d82-12d72537ba75) * After you have filled in the information correctly, click "**Write**" and confirm the MetaMask transaction. Once these steps have been completed, you can head back over to [busm.money](https://busm.money/) and deposit your xBOMB as collateral, problem solved! # Other Protocol Contract Addresses ### Bomb Money Oracle [0x901a38448B254261cBaA960828BA8DeC08A28EFC](https://bscscan.com/address/0x901a38448B254261cBaA960828BA8DeC08A28EFC) ### Boardroom [0xcaf7d9ce563e361a304fb6196499c1dfd11b5991](https://bscscan.com/address/0xcaf7d9ce563e361a304fb6196499c1dfd11b5991) # Provide LP In order to provide liquidity, you'll first have to purchase either BOMB or B2SHARE (have a look at our "[How to Buy BOMB](/welcome-start-here/faq-getting-started/how-to-buy-bomb)" section if you need help in doing so), depending on which you want to provide liquidity for. Providing liquidity is possible on [PancakeSwap](https://pancakeswap.finance/v2/add/0x7130d2A12B9BCbFAe4f2634d864A1Ee1Ce3Ead9c/0x522348779DCb2911539e76A1042aA922F9C47Ee3). Head over to the Liquidity tab on the left side of your screen. Connect your wallet (make sure your Metamask is on the BSC Network). Now you have to choose the tokens you wish to add liquidity with. For the first, select **BTCB** or **BNB**. For the second, choose either **BOMB** or **B2SHARE**, respectively. If **BOMB** or **B2SHARE** do not show up, please manually copy/paste the address as shown below. **BOMB**: 0x522348779DCb2911539e76A1042aA922F9C47Ee3 **B2SHARE**: 0x0DF73831C00B157bB0FeD3c06eB475F201B64a78 Click on supply and accept the transaction in your wallet. Now that you have provided LP, you can head over to [bomb.money](https://app.bomb.money) and [farm your LPs](https://app.bomb.money/farm).