Dependable and diverse yields: Inside the yAxis v3 upgrade and UIRead on the DeFi Pulse Blog

Key Stats

Total Value Locked24H
in USD$93.5M+4.0%
in ETH30.9K ETH+8.5%
in BTC2.2K BTC+8.6%
ETH Locked0.2858 ETH0 ETH
% Supply Locked< 0.01%
Blockchain
Ethereum
Most Locked$oBTC
Protocol Token-

Total Value Locked (USD) in BoringDAO

  • TVL (USD)
  • ETH
  • DAI
  • All
  • 1 Year
  • 90 Day
  • 30 Day
defipulse chart

What is BoringDAO?

BoringDAO is a decentralized bridge (or tunnel) protocol that allows users to transfer assets across blockchains. For each blockchain asset, there will be an exclusive minting tunnel operated in the form of DAO and performing bi-directional mapping between blockchain assets and ERC20 oTokens. Mint Mining is the mechanism which users can wrap their non-ERC20 assets into oToken, e.g. Bitcoin to oBTC, and receive BOR token rewards. BoringDAO and its treasury are governed by BOR token holders. BoringDAO members are able to create and vote on changes such as adjusting minting commission and rewards distribution, new yield farming pools, new asset tunnels, and manage BoringDAO's insurance.


How to use BoringDAO?

Navigate to app.boringdao.com where you can utilize BorindDAO's tunnels, oTokens , and participate in BoringDAO's reward programs.

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