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For more information: https://www.gate.com/campaigns/1342alpha?pid=X&c=MemeBox&ch=vxDB0fQ5
Bombie has repurchased and destroyed over 630 million BOMB and launched a one million dollar staking incentive campaign.
At 02:06 UTC on June 25, Bombie completed the destruction of 634 million BOMB tokens, which is 6.34% of the total supply. These tokens were bought back from the market by the Bombie Foundation at a cost of millions of dollars, and they have now all been permanently destroyed. Amid market fluctuations, Bombie stabilized expectations through practical actions and expressed his resolute attitude towards the long-term development of the ecosystem. In an effort to further increase the tokens' use cases, Bombie also launched a staking incentive event covering a total amount of more than $1 million. Users who stake BOMB will receive rewards in USDT every hour. Despite the challenges encountered in the early stages of TGE, the team stated that Bombie will continue to focus on product building and community incentives and will be fully prepared for a relaunch in the Q3 phase.