Bomb US Money[BUSM]
Bomb US Money Price
Bomb US Money Market CapN/A
24h Trade Volume
All-Time-High (ATH) Price
Bomb US Money Live Chart
Bomb US Money price Index provides the latest BUSM price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.
The Bomb US Money to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.
BUSM to USD Converter
Bomb US Money Live Info Today
Bomb US Money's current price is $ 0.215, it has dropped -1.99% over the past 24 hours.
Bomb US Money's All Time High (ATH) of $ 1.02 was reached on 25 May 2022, and is currently -78.9% down.
What is Bomb US Money
busm.money is a lending platform that uses xBOMB, an interest bearing token, as collateral to borrow a USD pegged stablecoin (Bomb US Money - BUSM), that can be used as any other traditional stablecoin. In bomb.money, every BUSM is backed by xBOMB. Unlike most protocols where all user's collateral is at risk of a liquidation event, here in busm.money, each Collateralized Debt Position (CDP) is isolated and only at risk of its own individual liquidation. That being said, there are still times when a user's xBOMB value will decrease and be flagged for liquidation. In this event, 3rd party players (usually bots) can choose to repay all of the BUSM debt in exchange for the xBOMB collateral used.