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Bonq
1. Summary
- Description
-
Bonq is a decentralized liquidity platform that allows any Web3 project to create deep, protocol-owned liquidity for their native token. Built on a decentralized, non-custodial 0% interest rate lending protocol and a formalized, data-driven risk model, the platform is designed to solve critical problems for projects and protocols with tokens.
Bonq is a decentralized liquidity platform that allows any Web3 project to create deep, protocol-owned liquidity for their native token. Built on a decentralized, non-custodial 0% interest rate lending protocol and a formalized, data-driven risk model, the platform is designed to solve critical problems for projects and protocols with tokens.
Key Features
- Protocol-Owned Liquidity: Allows projects to mint BEUR by depositing their native whitelistable tokens with no upfront cost to acquire the other end of the liquidity pair.
- Yield Strategies: Enables protocols and users to whitelist their native tokens and earn significant yields without giving control of their assets.
- Treasury Management: Facilitates de-risking of treasuries and creation of smart capital allocations.
How it Works
- Users access liquidity by locking their tokens in a trove, a smart contract controlled only by the users.
- They mint a low-volatility payment coin, BEUR, pegged to the Euro.
- BEUR is tradable, fully redeemable, and mintable but also burnable when used to repay a Trove’s debt.
Governance & Security
- Bonq DAO: A non-profit decentralized autonomous organization (DAO) that governs the platform.
- Risk Management: Utilizes an on-chain, non-custodial, and decentralized lending protocol with an over-collateralized Euro-pegged native currency (BEUR).
- Stability Pool: Secures BEUR loans by maintaining a minimum collateral ratio individually set for each whitelistable token by the risk model. In case the Stability Pool is insufficient, community trove owners manage the assets and liabilities.
Additional Resources
For more information on Bonq and its utilities, please refer to the documentation and resources provided by the BonqDAO team.
Price | |
52W High price | $1.70 |
52W High date | 24th Feb 2023 (1 year ago) |
All Time High (ATH) Date | 6th Feb 2025 (2 weeks ago) |
All Time Low (ATL) Date | 6th Feb 2025 (2 weeks ago) |
Supply & Trading Volume | |
Trading Volume (24h) | $17,178.00 |
How does Bonq's () performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
%
51,605.8%
Similar Market Cap
No GitHub repos found. Either the project is not open source or we don't have data yet.
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Historic data is only available from 22nd April 2022
Total Followers
Reddit Subscribers | |
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Active Reddit Users (past 24h) | |
Discord users | |
Active Discord Users | |
Telegram Users | 496 |
Twitter followers | 1,896 |
No recent news found.
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
Website | https://bonqdao.com |
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Explorer | https://polygonscan.com/token/0x91eFbe97e08D0ffC7d... |
@BonqDAO |
What is the correct contract address for Bonq?
Polygon-pos | 0x91efbe97e08d0ffc7d31381c032d05fad8e25aaa |
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Has Bonq been audited for security?
No security audits found for this project.
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