Autocompounding Vaults
One of the unique advantages of being in the Bomb Money ecosystem is that we have our own autocompounding vaults which are designed to maximize your earning potential.
Staking BOMB-BTCB LP, BSHARE-BNB LP, or BOMB-BSHARE LP tokens in these vaults rewards you with more of the same LP (liquidity pool) tokens as the ones you have deposited. These deposits happen in the same yield farms that are available to everyone else on Bomb Money.
But here is where the auto-compounder magic steps in - every set amount of minutes, they harvest the BSHARE that you’ve earned and sell a portion of it automatically. The proceeds are then further used to mint more LP tokens on PancakeSwap which are again deposited into the Bomb Money autocompounder, further growing your allocation with zero effort on your part.
Note that while this entire process can be done manually, the autocompounder saves you from the hassle of having to schedule and remember specific actions, simplifying the whole process down to a single click and saving you loads in gas fees along the way.
The BOMB-BTCB LP, BSHARE-BNB LP, and BOMB-BSHARE LP pools pay rewards in BSHARE. If you’re in the BOMB-BSHARE or BSHARE-BNB LP pools, 50% of your BSHARE rewards are sold to purchase BOMB or BNB respectively each time the protocol auto-compounds. If you’re in the BOMB-BTCB pool, 100% of your reward is sold and used to purchase half BOMB and half BTCB each time. Unlike the BOMB-BTCB or BOMB-BSHARE vaults, the BSHARE-BNB vault does not apply any buy pressure on BOMB.
To access the Bomb Money autocompounding vaults, just navigate to our Autovaults page. If you have any questions about how to use them, check the relevant sections below for the vault you want to use!
One of the great things about our BOMB-BTCB LP autovault is that because it is selling BSHARE to purchase both BOMB and BTCB automatically every two hours, simply parking your BOMB or BTCB in this autovault is all you need to do to add to your Bitcoin holdings automatically over time.
In a bear market, this can be an extremely effective way to automatically DCA into your Bitcoin position and significantly grow your Bitcoin holdings, purely from rewards granted by the vault and without any manual effort.
Follow the instructions below to deposit into our BOMB-BTCB LP autovault and start earning auto-compounding returns on your BOMB and BTCB every two hours with zero effort.
1. Click on the BOMB-BTCB LP autovault (shown below with a red border) to expand it.
2. You can click on the dropdown menu highlighted in red below to switch between the ability to deposit BOMB-BTCB LP tokens directly, or zap in BOMB or BTCB.
3. If it's your first time depositing into the autovault, you may have to approve your tokens to be sent first. Just click the [Approve] button and approve the transaction in your wallet, then you will be able to deposit.
4. Fill in the amount you want to deposit, or click the [Deposit All] button to deposit all of the selected tokens from your wallet into the autovault.
5. Once deposited, you will now be automatically farming BOMB-BTCB LP tokens, earning based on the APY/APR values shown.
Withdrawal essentially works the same as depositing. On the right side of the vault you can simply input how much of your LP tokens you want to withdraw, or click the [Withdraw All] button to withdraw them entirely. You can also select to withdraw in BOMB+BTCB, BOMB, or BTCB equivalent from the drop-down menu.
Follow the instructions below to deposit into our BSHARE-BNB LP autovault and start earning auto-compounding returns on your BSHARE and BNB every two hours with zero effort.
1. Click on the BSHARE-BNB LP autovault (shown below with a red border) to expand it.
2. You can click on the dropdown menu highlighted in red below to switch between the ability to deposit BSHARE-BNB LP tokens directly, or zap in BSHARE, WBNB, or BNB.
3. If it's your first time depositing into the autovault, you may have to approve your tokens to be sent first. Just click the [Approve] button and approve the transaction in your wallet, then you will be able to deposit.
4. Fill in the amount you want to deposit, or click the [Deposit All] button to deposit all of the selected tokens from your wallet into the autovault.
5. Once deposited, you will now be automatically farming BSHARE-BNB LP tokens, earning based on the APY/APR values shown.
Withdrawal essentially works the same as depositing. On the right side of the vault you can simply input how much of your LP tokens you want to withdraw, or click the [Withdraw All] button to withdraw them entirely. You can also select to withdraw in BSHARE+BNB, BSHARE, or BNB equivalent from the drop-down menu.
Last modified 11mo ago