BOM Mechanics
Believe, On Monad is an experimental meme coin built for the community.
Launch Phases
Phase 1 Believe
BOM appears. This marks the moment the experiment is revealed to the Monad community, inviting early believers to prepare for what follows.
Phase 2 Genesis
The Genesis block of BOM begins. A bonding curve opens, allowing believers to sacrifice and mint the first supply of BOM. Once the curve fills, liquidity is created and paired automatically, the birth of BOM on Monad.
Phase 3 Debase Start
Once liquidity is formed, the Debase Engine activates and the Vault opens. From this block onward, BOM begins to decay, shrinking by roughly 4% daily, block by block.
Bonding Curve Dynamics
During the Genesis Phase, believers acquire BOM directly from the bonding curve contract, an autonomous pool powered by the Uniswap V2 formula (x × y = k). It acts as a self-contained market of faith before BOM graduates to open trading.
Buy & Sell Rules
All trades on the curve include a 1% fee that goes to the developer fund. Each buy or sell adjusts the BOM–base asset ratio, moving the price along the x × y = k formula.
Selling on the bonding curve is governed by on-chain voting. Holders can vote to enable or disable the sell function during the Genesis phase. When selling is disabled, the curve operates in buy-only mode, preventing dumps and maintaining price stability through collective consensus.
When the Genesis pool reaches its target depth, all remaining assets and minted BOM are paired and migrated to Uniswap V2 (Monad). From that moment, no buy/sell penalties apply, and the Debase Engine activates, marking the start of on-chain decay.
This transition marks the completion of Genesis, where BOM evolves from a sacrifice curve to a self-decaying free asset.
Holder-Governed Sell Gate
The bonding curve has a sell function, but it can be globally enabled or disabled through a governance vote by token holders.
This makes the system semi-decentralized, the community decides when trading should allow exits (sell) or remain accumulation-only.
⚙️ Voting Logic
1. Voting Eligibility
- Only wallets that have interacted with the bonding curve (i.e. have bought tokens at least once) can vote.
- Voting power is determined by the amount of tokens bought through the bonding curve.
- Each wallet gets 1 vote per 1,000,000 (1M) tokens purchased via the bonding curve.
2. Voting Mechanics
- Holders can vote either "Enable Sell" or "Disable Sell".
- Once a vote is submitted:
- It is permanent and cannot be changed.
- The vote weight is based on the total amount of tokens purchased through the bonding curve.
3. Vote Discard on Sell
- If a holder sells any portion of their tokens, their previous votes are automatically discarded.
- This prevents manipulation (e.g., voting, then dumping).
- The next time they buy tokens through the bonding curve, they can vote again based on their cumulative purchase amount.
The Debase Engine
The Debase Engine is the heart of BOM, a perpetual decay mechanism coded directly into the token. With an average block time of 0.4 seconds and a debase rate of 0.00002% per block, the system compounds into roughly 4.32% supply shrink per day.
Balances are stored in base units and scaled by this multiplier, meaning every holder decays proportionally, with no exceptions.
Debase Simulation 4.32% Daily Debase (Starting Supply = 100 Billion BOM)
| Day | Starting Supply (BOM) | Tokens Disappeared That Day |
|---|---|---|
| 1 | 100,000,000,000 | 4,320,000,000 |
| 2 | 95,680,000,000 | 4,146,624,000 |
| 3 | 91,533,376,000 | 3,978,019,000 |
| 4 | 87,555,357,000 | 3,814,576,000 |
| 5 | 83,740,781,000 | 3,656,153,000 |
After five days, over 19.9 billion BOM have disappeared, the chain's proof that even belief decays.
Vault Mechanics
The Vaults are the faith pillars of BOM, three distinct systems that define how belief interacts with decay. Every vault represents a different philosophy of participation: protection, rebirth, or creation.
1. Sanctum The Full Protect Vault
The Sanctum Vault is the safe haven of BOM. Tokens deposited here are completely shielded from the Debase Engine. If a believer deposits 100 BOM, they can withdraw 100 BOM anytime after a 24-hour lock period, no decay, no rewards, just protection. The lock ensures system stability and prevents instant cycling between vaults.
2. Rebirth Vault BOM Staking Vault
The Rebirth Vault invites believers to stake their BOM directly into the decaying flow. Staked tokens debase alongside the global supply, but in return, users earn freshly minted BOM each epoch. Every day, roughly 10% of the total tokens lost to debase are reborn and distributed among Rebirth stakers as rewards. Additionally, 9% of BOM rewards are freshly minted to the developer to handle marketing and team salary.
3. BOM Vault LP Staking Vault
The BOM Vault is where liquidity believers gather. LP tokens staked here also experience debase pressure, but they earn from the same fresh 30% daily rebirth pool. By staking liquidity, users power the market while sharing in the regeneration cycle.
Tokenomics
- Name: Believe, On Monad
- Ticker: BOM
- Total Supply: 100,000,000,000 BOM (100 Billion)
- Decimals: 18
- Debase Rate: 0.00002% per block (~4.32% daily shrink)
Game Theory
BOM is not a market, it's a living experiment of belief under decay. Every few seconds, the Debase Engine shrinks the total supply across the entire system, from wallets, liquidity pools, and vaults alike. Tokens are sucked out of existence, burned by mathematics, not by code. As supply vanishes, the system remints a portion of what was lost, roughly 40% of the daily decay, and channels it back through the Rebirth and BOM vaults.
This creates a self-regulating cycle where price remains balanced. Supply shrinks, but since the LP also shrinks, the ratio holds, meaning value can persist even as the token count falls.
The Game Itself
- The Protector locks faith in Sanctum, safe but unrewarded.
- The Believer risks decay in Rebirth, earning new life through staking.
- The Creator fuels liquidity in BOM Vault, sustaining the system's flow.
BOM is not a race to the top or bottom. It's a synchronized decay, where every loss births new life, and every believer decides how much of their faith to risk in the process.
Disclaimer
BOM (Believe, On Monad) is an experimental, community-driven memecoin built on the Monad blockchain. Participation in BOM and its related interfaces (including but not limited to the website, vaults, bonding curve, and liquidity pools) is entirely voluntary and does not constitute financial, investment, or legal advice.
BOM is a conceptual experiment exploring on-chain belief, decay, and rebirth, not a financial product or security. There are no guarantees of profit, returns, or value. All participants engage at their own risk and are solely responsible for ensuring that their interaction with BOM complies with their local laws and regulations.
By interacting with BOM, you acknowledge that this is an artistic and experimental protocol, a game of faith and decay, with no roadmap, no team promises, and no expectations beyond belief itself.