fBOMB Finance
BOMB Token
The fBOMB token on the Opera blockchain has the exact same, simple tokenomics as its predecessor, BOMB on the Ethereum network: 1% of every transfer's amount is burned forever, effectively creating a naturally deflationary currency. However, due to high fees and consequently low transfer volume, the original token had its purpose defeated. Now, with the aid of the Fantom network, a deflationary currency can prosper and grow: fBOMB, within a few months since deployment, has burned over 16% of its total supply.
With the creation of dApps that incentivize liquidity movement, the average burn rate of fBOMB can be raised, increasing its value over time.
Last modified 5mo ago
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