Token distribution and farming info

Bomber.cash protocol maintains three tokens mechanism which are Bomber Cash (BOC), Bomber Share (BOS) and Bomber Bond (BOB). Bomber Bond and Bomber Share works to maintain Bomber Cash to $1 peg.

Scenario one- BOC above 1 USD - When BOC is trading above 1 USD, the protocol uses around 3% of the rebase to purchase ETH (at most 10% of the rebase), which it keeps in the treasury.

Scenario two - BOC below 1 USD - In this case, the protocol utilizes the treasury fund to support BOC, and drive it back to 1 USD.

Bomber Cash (BOC) distribution

At the genesis, Bomber Cash will be supporting seven (7) assets for minting. The Bomber Cash will focus on distributing BOC to those who deposit DAI, USDT, USDC, BAC, ESD FRAX and AETH to the token contract. There will be a total of 70,000 BOC tokens that will be distributed to depositors, with 14,000 BOC tokens distributed per day. The token distribution to every pool will be equal.

Bomber Share (BOS) Distribution

• Bomber Share (BOS) is distributed to those that provide liquidity to the Bomb Cash (BOC)-USDT Uniswap v2 pair, the users will be able to deposit LP tokens to the distribution contract and earn Bomb Shares.
• The BOS pool 1 (BOC-USDT-LP) distribute 600,000 Bomb Shares, starting with 5000 Bomb Shares and decreases 80% after every 30 days.
• The BOS pool 2 (BOS-USDT-LP) will distribute a total of 230,000 Stand Share over the course of 1 year. The protocol distributes 630 Stand Shares per day.

LP stakes are multiplied by two boost factors: time locked & rebase (note: there is no lock period, user can put or pull liquidity at any time). The rebase boost applies to the base emission rate of BOS, so an increase in the rebase boost means more BOS distributed across the whole system. The time locked boost applies to an individual’s stake as a proportion of all of the stakes in the pool, making it a zero-sum outcome when someone gets a boost from time locked stake. However, a time locked boost will increase the amount of BOS a single user gets by increasing their proportion of the pool which decreases the proportion of rewards for everyone else in the pool.

The idea is to help to balance the risk/reward of locking liquidity into the system for a fixed amount of time. Time locked staking is intended to further reward LPs who have a long term belief in the BOS Protocol and want to commit to providing liquidity for a long period of time. If any pool emission rate is changed due to a governance action, the time locked stakes of the pool will automatically unlocked so that emission rates don’t change on LPs who have committed to locking funds in the pool.

Farming Bomber Cash (BOC)

You can Choose a Stablecoin of your choice. Available pools are DAI, USDC, USDT, BAC, ESD, AETH and FRAX.

To maintain fair distribution, limit deposit for each walletis 20,000 / or 80 AETH for its own pool, per pool. Each of the pool will distribute 10,000 Bomber Cash during 5 days to provide the system with instant liquidity. The successive addition distribution is illustrated below.

Earning Bomber Share (BOS)

As you have gotten to this level, you’re now almost a stand Bomb Share holder. Please carefully read the instructions to understand this step clearly as it might be a little bit confusing. At this stage, what you need to do is to provide Bomber Cash (BOC) liquidity on uniswap and receive Bomber Share (BOS) reward.

• Liquidity pool 1 (earn BOS by BOC-USDT LP):

If you’re interested in joining pool 1, you’ll need to click select at “Earn BOS by BOC-USDT-LP”. In order to earn BOS directly from the protocol users need to provide liquidity to BOC-USDT pair on Uniswap V2.

When you are through with providing liquidity through Uniswap, you can go to the pool page and approve BOC-USDT-LP v2 to deposit LP tokens. Bomber shares (BOS) are distributed to those that provide liquidity to the Bomber Cash (BOC)-USDT Uniswap v2 pair. The BOS pool 1 will distribute 600,000 Bomber Shares, starting with 5,000 BOS and decreases 80% after every 30 days. The distribution chart is below

• Liquidity pool 2 (earn BOS by BOS-USDT LP):

If you’re interested in joining pool 2, you’ll need to click select at “Earn BOS by BOS-USDT-LP”. In order to earn Bomber Share directly from the protocol users need to provide liquidity to BOS-USDT pair on Uniswap V2.

When you are through with providing liquidity through Uniswap, you can go to the pool page and approve BOS-USDT-LP v2 to deposit LP tokens. Bomber Shares (BOS) is distributed to those that provide liquidity to the Bomber Shares BOS-USDT Uniswap v2 pair. The BOS pool 2 will distribute a total of 230,000 Bomber Shares over the course of 1 year. The protocol distributes 630 Bomber Shares per day. The distribution chart is below