History & Migration
Oldest token on the Fantom Network
Last updated
Oldest token on the Fantom Network
Last updated
The BOMB token was originally deployed on March 16th, 2021, at 11:10pm UTC by an anonymous developer 'Bob'. A simple yet revolutionary 1% burn on each transaction and an initial supply of 1 billion.
The token was very well received by the Fantom community, as it was the .
OG Bomb Contract:
However, the honeymoon phase was short-lived. Just days after its launch, disillusionment set in as Bob's apparent disinterest in the project became evident. Despite the community's efforts to breathe new life into BOMB with a dedicated and a lottery dApp, disaster struck when Bob offloaded his supply, triggering a catastrophic price drop. The once-vibrant BOMB community began to lose its fervor, and momentum waned.
In a bold move to reignite BOMB's flame, the investors behind fBOMB and MCLB united on May 25th, 2021. Determined to breathe new life into the project, they embarked on a mission to revitalize BOMB under fresh leadership and a renewed vision for success.
The journey towards fBOMB's ascension wasn't without its hurdles. As a fledgling entity in the DeFi realm, MCLB DAO faced obstacles in garnering support from established platforms like Velodrome. Undeterred, FieryDev, the visionary leader at the helm, took decisive action, personally investing in veVELO and securing a substantial stake to propel fBOMB forward.
The decision to invest in veVELO was a calculated risk, but one that yielded monumental rewards. With a daring leap of faith and a strategic investment of $100,000, MCLB DAO acquired 3.8 million veVELO, setting the stage for the rise of the fBOMB flywheel.
The gamble paid off in spades, igniting the fBOMB flywheel and propelling it to unprecedented heights. Through meticulous planning and bold action, MCLB DAO not only solidified its position in the DeFi ecosystem but also paved the way for a new paradigm of decentralized finance, where risk-taking and innovation go hand in hand.