ETHplode describes itself as a store of value built on the Ethereum blockchain with deflationary characteristics. Whenever $ETHPLO is transferred, 0.5% of the amount is burned. According to the team, this self-destructive functionality increases the asset's scarcity over time and is hardcoded directly into its monetary structure. ETHplode is based on the design of the Bomb token – a hyper-deflationary, self-destructing currency.