BBB

In short, BoboBonk is a platform which allows memecoin holders to stake their holdings at an attractive APY (both in the form of stablecoins as well as in the form of $BBB bonuses). Bears can lend these memecoins at a corresponding rate, short them and make profit when the memecoin effectively decreases in value. While this project aims to provide a shorting platform, it comes with its own token called $BoboBonk (ticker $BBB). The token is used for both governance but also to provide users of the platform with plenty of perks. The so-called tokenomics of the platform are simple. First, there will always be a maximum of 1 trillion (1,000,000,000,000) $BBB. A large number, to keep the token cheap. At inception, 50% of these are burned, to increase scarcity.