Thread by @Route2FI

Let's look at Bomb Money.

A fork of one of my favorite degen plays $TOMB.

This is the first fork of $TOMB I've seen.

It is on the BSC chain (which makes me skeptical), but let's dig in why I think it's worth a try.

5,800% + 4000 APR

This equals 12-20% per day, anon.

/THREAD

First of all, the risk level is 10/10 which means it could be completely worthless or that it could moon 10x.

Personally, I'm only betting 0.5% of my portfolio.

Remember $TOMB who pegs to $FTM?

The main difference with @BombMoneyBSC is that it tries to peg to...

/1

$BTC, instead of $FTM.

The peg is 10,000 $BOMB : 1 BTC.

It is currently over the peg (1.09 atm).

If you don't remember what the concept of $TOMB was, you can recap here:

https://twitter.com/Route2FI/status/1463814731433717763?s=20

/2

Bomb-BTCB pair is currently rewarding BShare at approx. 12% daily, the BShare-BNB pair is giving a little less at 10%.

These rates will diminish rapidly, but once stabilized the protocol could see a similar growth pattern to TOMB.

/3

TVL was 10M last night, it's 14M now.

The Twitter page @BombMoneyBSC only has 300 members which made me very skeptical.

The main developer is @AaronShames who doxxed..

/4

in telegram and you can find his Linkedin, other business ventures, etc. I did not see a video call with him although.

Doxxed dev name in discord is CryptoAaron

Otherwise, everything else checks out.

/5

It is crazy that $OHM forks were popular, but it took this long for a $TOMB fork.

My prediction is that we will see one on @avalancheavax soon.

It feels about as risky as an $OHM fork, but with maybe some more consistent returns for how new it is.

/6

You have 3 options on how to do it:

1. Only single side-stake BSHARE: 5947% APR
2. Farm $BOMB/$BTCB: 4117% APR
3. Farm $BSHARE/$BNB: 3507% APR

The way I do it:

1. I first farm $BOMB/$BTCB to 4117% APR and I am getting paid in BSHARE.

2. I stake my BSHARE (5947% APR).

/7

This means I'm combining options 1 and 2.

You need Metamask with Binance Smart Chain network to buy this.

1. Buy 50% $BOMB here: pancakeswap.finance/swap?inputCurr…

2. Buy 50% $BTCB here: pancakeswap.finance/swap

3. Make them an LP here (50/50):

pancakeswap.finance/add/0x7130d2A1…

/8

4. Farm $BOMB/$BTCB here: app.bomb.money/farm/BombBtcbL…

5. Stake your BSHARE rewards from your $BOMB/$BTCB farm here: app.bomb.money/boardroom

You could also do bonding, but I'm not doing this myself.

I advise you to read the docs, anon: docs.bomb.money/about

/9

That was it!

Be careful, degens!

As I said, the risk is 10/10.

But personally, I love the $TOMB-concept and I guess we will see it soon on several chains.

@danielesesta will you build one?

Follow me on Twitter on @Route2FI for more degen DeFi-stuff.

/10

Got some DM's asking if this is a rug pull.

I have no idea.

As I said, the risk is 10/10

I'm personally going in with 0.5% of my total portfolio.

If I lose, I'm fine.

If you want to do a safer version, then stick with tomb.finance and reaper.farm

/11