DEJEN’s only: XBOMB 800% APR 🕺
So, have you dipped your toes into BOMB and hungry for some more APR? Lets see what we can do with XBOMB.
Introduction
I do love my DeFi and even with all the risks, if managed correctly, we can get through this bear market quite nicely. I take part of my pay check every month and do some investing into DeFi projects, rather than purchasing layer 1 coins. (at this bearish market time)
Please note this is a VERY HIGH risk project. The team is largley unknown, but the lead developer is known and here is his LinkedIn profile.
I will only write articles where I have invested and to be honest I only have ~ 2% of my portfolio here.
I do like this is pegged to BTC and a fork of TOMB, but I do just wish they would communicate better and identify the team.
DEJEN’s only, you may continue, for the rest, come back soon for another article 🤪
So, why buy & stake XBOMB?
I am down at the moment as the BTC price has dropped. Here is hoping for an increase for the great APY’s to make start looking attractive.
I wont go much higher until we start seeing a roadmap and understanding of the team.
Step 1: Buy BOMB
https://app.bogged.finance/bsc/swap?tokenIn=BNB&tokenOut=0x522348779DCb2911539e76A1042aA922F9C47Ee3
Step 2: Convert BOMB to XBOMB
Now, you can approve the XBOMB, this only needs to happen once
Do that a couple times and you can then hit the + button and deposit your BOMB.
Conclusion
It looks good, but the catch is you need to wait for BOMB to be above peg before you earn rewards. I am holding my breath 😉