BoringDAO 🌀— Why bBTC?

🤔Why we need 💲bBTC?

🤝Trust

  • Version Ⅰ — 3 reputable institutions as custodians.
  • Version Ⅱ — 7 custodians with higher community reputation and more considerable tunnel pledge amount through the node-election as well as reputable institutions.
  • Version Ⅲ — 21 custodians through the Byzantine Fault Tolerance (BFT) + Delegated Proof of Pledge (DPOP).
  • Version Ⅳ — Deploying Zero-Knowledge Proof to create an automatic and open screening mechanism to select credible custodians.

💸Incentives

  1. Incentives can undoubtedly increase TVL quickly and gather communities. In the DeFi field, this fact has been verified repeatedly.
  2. DeFi always accepts the tokens with the most strong commodities and high TVL as long as the underlying layer is sufficiently decentralised.

🍩Assets Scalability

🧑🏿‍🤝‍🧑🏻DAO Governance

  • 🏦Assets Custodians;
  • ⛏Minting;
  • 👨‍🌾Boring Farm Pools;
  • 🚇Tunnels;
  • 🔐Insurance;
  • 💰Treasury.

🤱Born for DeFi

💬Join Us!

--

--

--

Decentralized assets bridge access all blockchains.

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

Gelato Network Governance Process

3 ways to look at the blockchain, pick one:

Decentralized digital societies

Introducing the ORACLES: the prophetic advisors of Blockchain

Candidate Report — Part 2

E8 Platform Characteristics and Security (Part 1)

Rug Pull Should Be Stopped

AZUKI Raises $29M In Three Minutes

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
BoringDAO

BoringDAO

Decentralized assets bridge access all blockchains.

More from Medium

About Iron Fish

W3F approved CESS Lab’s grant proposal for providing a CESS storage pallet for Substrate

Aleo-the new word of crypto privacy

Tokenomics of the Aleo project as the best example of network decentralization.