B.Protocol Logo

B.Protocol BPRO

B.Protocol header image

1. Summary

Ranks

Liquidity
48
Developer
-
Social
48
Momentum (beta)
0
Stack Rankā„¢
-
Price
$0.64 0.0%
Market Cap
$3.00M (#2062)
Supply
4.72M / 4.72M
Price
52W High price $1.45
52W High date 7th Nov 2023 (7 months ago)
All Time High (ATH) Date 4th May 2021 (3 years ago)
ATH Price $53.85
% From ATH -98.7%
All Time Low (ATL) Date 16th May 2021 (3 years ago)
% From ATL 6.2762716727357E+36%
Supply & Trading Volume
Trading Volume (24h) $12.00
Total Supply 4.72M
Max Supply 10.00M
Circulating Supply 4.72M
Description

B.Protocol is a decentralized backstop liquidity protocol aimed at providing better stability and efficiency for DeFi lending platforms. It pools user funds into Backstop pools, which are used to facilitate liquidations on integrated lending platforms. When a liquidation takes place, the protocol automatically redeposits the profits back into the B...

B.Protocol is a decentralized backstop liquidity protocol aimed at providing better stability and efficiency for DeFi lending platforms. It pools user funds into Backstop pools, which are used to facilitate liquidations on integrated lending platforms. When a liquidation takes place, the protocol automatically redeposits the profits back into the Backstop pool. Users of the protocol participate based on their usage, and they receive bScores, which determine their share of liquidation proceeds.

How It Works

Liquidation Process

  • Backstop Liquidity Pools: Users deposit stablecoins to pool liquidity for lending platforms, such as Liquity or Vesta Finance.
  • Liquidation: When a liquidation is needed, the protocol automatically pulls funds from the Backstop pool, auctioning off the collateral.
  • Profit Redistribution: After the liquidation, the profits are redeposited back into the Backstop pool.

User Participation

  • bScores: Users are awarded bScores based on their usage of the platform. These scores are used to determine each user's proportion of liquidation proceeds.
  • Governance: Users with BPRO tokens govern the protocol, deciding on future monetization strategies and policy adjustments.

Key Features

  • Decentralized backstop liquidity: The protocol removes the need for centralized flash loan bot operators and DEX liquidity, providing more efficient liquidations for lending platforms.
  • Automated liquidation process: Liquidity providers pre-fund Backstop pools, which automatically provide liquidity for liquidations, eliminating the need for manual intervention.

Additional Features

  • Risk Management: The protocol includes risk assessment and management solutions through its sub-DAO, RiskDAO.
  • Neutral Risk Oracle: The protocol aims to provide automated, neutral risk management for the DeFi ecosystem to minimize human bias and align with the DeFi principles of self-execution.

Overview

  • Governance: The protocol is governed by holders of the BPRO token.
  • Modified Liquidity Usage: Users of the protocol split liquidation proceeds based on proportional usage of the protocol, creating a more fair and user-beneficial system.
2. Price

BPRO

2.1. Market Performance

How does B.Protocol's (BPRO) performance compare to the median performance for assets of a similar market capitalization?

30 Day Return

11.2%

BPRO

41.3%

Similar Market Cap

60 Day Return

2.7%

BPRO

70.7%

Similar Market Cap

1 Year Return

-24.9%

BPRO

3.9%

Similar Market Cap

3. Developer Activity

We're monitoring 46 B.Protocol GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.

Weekly Commits (All B.Protocol Repos)

Commits vs. The Market

  • Past 4 weeks: 0 commits vs. an average of 1
  • Past 12 weeks: 0 commits vs. an average of 7
  • Past year: 0 commits vs. an average of 128

Most Active Repos

Past week 7
Past 12 weeks 65
Past year 1723
Past week 0
Past 12 weeks 0
Past year 734
Past week 0
Past 12 weeks 104
Past year 514
Past week 86
Past 12 weeks 191
Past year 484
Past week 1
Past 12 weeks 3
Past year 390
Past week 25
Past 12 weeks 65
Past year 312

Top Developers 2024

In total, 334 developers have contributed to B.Protocol over the past year. Who are the most active B.Protocol developers, by commits, over the past year?

Related Projects

Developers working on B.Protocol also worked on these projects.

4. Social Activity

Tip: Toggle each network by clicking the name above

Historic data is only available from 22nd April 2022

Total Followers

Reddit Subscribers 0
Active Reddit Users (past 24h) 0
Discord users
Active Discord Users
Telegram Users 186
Twitter followers 7,390
5. News

No recent news found.

7. More Information

Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:

Website https://bprotocol.org/
Explorer https://etherscan.io/token/0xbbbbbbb5aa847a2003fbc...
Twitter @bprotocoleth

What is the correct contract address for B.Protocol?

Ethereum 0xbbbbbbb5aa847a2003fbc6b5c16df0bd1e725f61

Has B.Protocol been audited for security?

No security audits found for this project.

Are you the owner of B.Protocol? Edit it here

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