CN2
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fBomb Overview
24h High
$0.01
24h Low
$0.01
24h Change
+1.11%
7d Change
+6.11%
30d Change
-2.16%
Volume 24h
$18.51K
Circulating Supply
1.00B FBOMB
fBomb News
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About fBomb
fBomb (FBOMB) is a deflationary multi-chain DeFi token that reduces its supply through burning mechanisms while enabling governance, liquidity incentives, and cross-chain transactions. It was launched as part of the MCLB DAO, which restructured the original BOMB token and incorporated it into a governance and liquidity strategy across decentralised exchanges.
FBOMB serves several functions within the MCLB ecosystem:
- Deflationary Mechanism: Its supply is reduced through token burns, such as a 1% burn on every transaction and a 2% fee for bridging across chains.
- Governance Participation: FBOMB holders can lock tokens to participate in governance decisions, particularly in directing emissions to liquidity pools on decentralised exchanges.
- Liquidity Incentives: FBOMB is used to incentivise liquidity provision, with liquidity providers potentially receiving rewards. MCLB’s approach includes utilising treasury-owned assets and veNFTs to direct emissions and support liquidity pools across different blockchains.
- Yield Farming: FBOMB offers non-dilutive farming rewards, providing returns to liquidity providers without increasing the token’s supply.
- Cross-Chain Functionality: FBOMB facilitates cross-chain transactions, supported by Layer Zero technology, allowing for interoperability across multiple blockchains, including Ethereum, Fantom, and Binance Smart Chain.
fBomb (FBOMB) originated from the BOMB token, which was launched on 16 March 2021 by an anonymous developer known as "Bob." BOMB gained initial traction within the Fantom community but faced challenges when Bob sold his holdings, leading to a significant price drop. On 25 May 2021, the MCLB DAO took over the project, migrating the BOMB token to fBomb and introducing a new strategic direction. Under the leadership of "FieryDev," the MCLB DAO aimed to revitalise the project and integrate FBOMB into a broader DeFi strategy that includes governance, liquidity provision, and multi-chain operations.
fBomb Markets
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fBomb Platforms
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fBomb Market Data
The live fBomb price today is $0.01 USD with a 24-hour trading volume of $18,511.89 USD. We update our FBOMB to USD price in real-time. fBomb is up 1.11% in the last 24 hours.
The current market cap is $12,038,174.30 USD, ranking #2332 by market capitalization. The circulating supply is 1,000,000,000 FBOMB out of a max supply of 1,000,000,000 FBOMB.