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fBOMB FinancefBOMB Financeby0xcAA31fa413C555E8B74e70fE9F6036385A7e0Fc30xcAA3…0Fc3

fBOMB's Future

Voting ended over 4 years agoSucceeded

Our first governance proposal is about the future of the fBOMB project. The team has carefully discussed the options we have considering the Fantom ecosystem's capabilities. We managed to select two possibilities:

  1. We're looking at either extending the lottery so that it can be played with several different tokens using Chainlink price feeds (tokens will be added as feeds are available - see https://docs.chain.link/docs/fantom-price-feeds/) and have a small fee for playing, for covering LINK costs and the rest for fBOMB buybacks. The lottery would only be available after Chainlink's Verifiably Random Function is released on Fantom mainnet, which is expected to happen in the near future.

  1. We're looking at launching a DEX with a new token called Shrapnel with the highest emission pool being FTM / fBOMB. 0.19% fees with providers getting 0.15% and 0.04% going to buy back in equal portions fBOMB / Shrapnel. Shrapnel will have no supply cap but will have extremely low emissions (e.g. 1 per hour). Development would begin immediately and deployment would occur as soon as possible.

Off-Chain Vote

Lottery
43.13M 21.7%
DEX
155.51M 78.3%
Download mobile app to vote

Timeline

Jul 01, 2021Proposal created
Jul 01, 2021Proposal vote started
Jul 05, 2021Proposal vote ended
Oct 26, 2023Proposal updated