With the blockchain technology, numerous advantages are been enjoyed by its users such as transparency, decentralization, and high level of security, users friendly interface, 24/7 operation, fastness, etc which is far beyond what was experienced in a traditional system which was its major mode of operation and is basically on centralization with its banking system and paper currencies. However, the blockchain operates basically on the flow of cryptocurrencies on its platform making room for its digital wallet to receive, store, and save its token. This decentralized system makes it very easy for the blockchain to be operated however due to inflation in the state of cryptocurrencies, it is diminishing slowly, the interest of the blockchain is far beyond encouraging.
About BSCBOMB
Holders of BSCBOMB tokens got benefits not only from static rewards but also from the buy-back process under the contract. As a part of the buyback process, the contract takes care of buying back some tokens & burning them on every sale. In short, 98% of the time you will not see 2 sell transactions at the same time, & You’ll never see 3 sell transactions in a row. These tokens are burned, it is like adding free BNB to the pool as there are no tokens left to sell in the future. Through automatic buyback, investors will never see more than two sales in a row.
Hyper Deflationary Token Of BSCBOMB
Hyper deflationary is a mechanism that is almost the same as a deflationary mechanism, the only difference is that hyper deflationary is a mechanism that will reduce the supply of tokens drastically. This way allows people to enter at a low price and get the opportunity to sell at a high price. This is the mechanism adopted by BSCBOMB, but slightly different compared to other tokens, BSCBOMB combines a hyper deflationary mechanism with an intellectual buy-back mechanism that allows token holders to benefit through static rewards and also through the automatic buy-back mechanism. The automatic buy-back mechanism works by buying back and burning tokens after every sale. In this way, in addition to users getting rewards, the price of BSCBOMB tokens will increase.
Campaign Duration - 5 Weeks
1st WEEK: 06.07 - 12.07
2nd WEEK: 13.07 - 19.07
3rd WEEK: 20.07 - 26.07
4th WEEK: 27.07 - 02.08
5th WEEK: 03.08 - 10.08
Bounty Tokenomics
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To conclude
The token deflationary mechanism is considered the antithesis of the traditional financial system, which allows the supply of tokens to decrease with each transaction. This way allows the rarity of the tokens to increase which will affect the price of the tokens. And BSCBOMB is here as a token that adopts a deflationary mechanism. BSCBOMB is hyper-deflationary with an automatic buy-back mechanism built into the contract. This mechanism allows the system to buy tokens automatically and burn them. In this way, token holders will get static rewards as well as from the automatic buy-back mechanism.
Resources:
https://bscbomb.com/
https://twitter.com/bscbomb
https://t.me/bscbomb_bot
https://www.reddit.com/r/BSCBOMB_crypto
https://t.me/bscbomb_group
⚡Authorship
BitcoinTalk username : onemancrypto
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