BoringDAO BTC
1. Summary
- Price
-
$95,699.00 0.0%
- Market Cap
- $1.14M (#3783)
- Supply
- /
- Description
-
BoringDAO BTC
BoringDAO BTC
BoringDAO is a decentralized cross-chain service provider that allows for the easy transfer of Bitcoin and other cryptocurrencies between various blockchains, including Ethereum, Polygon, Avalanche, Fantom, OKC, and others. The native governance and utility token of BoringDAO is BORING (BOR). The platform enables the creation of permissionless tunnels by pledging BORING tokens, which determine the utilization rate and commission rates for minting and redemption.
Key Features
- oPortal: A cross-chain solution for EVM-compatible blockchains, allowing cryptocurrencies to be directly mapped between different chains without intermediate assets.
- Tunnels: Bi-directional decentralized bridges that facilitate the transfer of assets between blockchains.
- Minting: Users can wrap non-ERC20 tokens (like Bitcoin) into ERC-20 oTokens, earning BORING tokens as rewards.
- Yield Farming: Users can participate in farms using oTokens, BOR LP tokens, and tunnel pledge tokens to earn passive BORING rewards.
- Governance: BORING token holders participate in decision-making for the project through voting on proposals, managing the treasury, and adjusting system parameters.
Token Information
- Total Supply: 2 billion BORING tokens
- Distribution: 30% for minting rewards, 30% for farming rewards, 19% for infrastructure development, 11% for early contributors, and 10% for core developers.
Project History
- Launch: November 2020 with a $1.45 million funding round from several prominent blockchain investors
- Key Members: Enki Yan, Henry Chen, Mike Meng, and other experienced individuals with backgrounds in Bitcoin mining and DeFi
Security and Insurance
- Audits: Four security audits Conducted by firms like Certik and Peckshield
- Insurance Pool: 50% of redemption commission saved for community-controlled insurance, ensuring asset safety and protection against Black Swan risks.
| Price | |
| 52W High price | $46,543.74 |
| 52W High date | 5th Apr 2022 (2 years ago) |
| All Time High (ATH) Date | 26th Nov 2024 (3 weeks ago) |
| All Time Low (ATL) Date | 26th Nov 2024 (3 weeks ago) |
| Supply & Trading Volume | |
| Trading Volume (24h) | $953.00 |
How does BoringDAO BTC's () performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
%
-7.9%
Similar Market Cap
We're monitoring 6 BoringDAO BTC 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 BoringDAO BTC 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 102
Most Active Repos
| Past week | 0 |
|---|---|
| Past 12 weeks | 14 |
| Past year | 35 |
| Past week | 0 |
|---|---|
| Past 12 weeks | 2 |
| Past year | 33 |
| Past week | 0 |
|---|---|
| Past 12 weeks | 0 |
| Past year | 30 |
| Past week | 4 |
|---|---|
| Past 12 weeks | 5 |
| Past year | 12 |
| Past week | 0 |
|---|---|
| Past 12 weeks | 0 |
| Past year | 8 |
| Past week | 7 |
|---|---|
| Past 12 weeks | 7 |
| Past year | 7 |
Top Developers 2024
In total, 10 developers have contributed to BoringDAO BTC over the past year. Who are the most active BoringDAO BTC developers, by commits, over the past year?
Related Projects
Developers working on BoringDAO BTC also worked on these projects.
Tip: Toggle each network by clicking the name above
Historic data is only available from 22nd April 2022
Total Followers
| Reddit Subscribers | |
|---|---|
| Active Reddit Users (past 24h) | |
| Discord users | 4,158 |
| Active Discord Users | 130 |
| Telegram Users | 2,822 |
| Twitter followers | 24,189 |
-
forum.boringdao.com/t/a-peek-into-oportal-2-1/231 Official
-
forum.boringdao.com/t/proposal-for-adjustments-to-farm-rewards/224 Official
-
docs.boringdao.com/smart-bridge Official
-
forum.boringdao.com/t/let-s-have-a-taste-of-the-bribe/209 Official
-
33bond.boringdao.com/bond Official
-
docs.boringdao.com/others/bor-contract Official
-
forum.boringdao.com/t/an-update-for-governance-rules/189 Official
-
forum.boringdao.com/t/proposal-farm-adjustments-new-farms-on-oportal/187 Official
-
oportal.boringdao.com/twoway Official
-
docs.boringdao.com/tutorials/how-to-use-oportal-to-transfer-your-stablecoins-to-other-chai... Official
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://www.boringdao.com/ |
|---|---|
| Explorer | https://etherscan.io/token/0x8064d9ae6cdf087b1bcd5... |
| @TheBoringDAO |
What is the correct contract address for BoringDAO BTC?
| Ethereum | 0x8064d9ae6cdf087b1bcd5bdf3531bd5d8c537a68 |
|---|
Has BoringDAO BTC been audited for security?
No security audits found for this project.
Are you the owner of BoringDAO BTC? Edit it here
Subscribe for free
Investment alerts and insights directly in your inbox.
By continuing, you agree to the Stack Terms of Service and Privacy Policy.