BitMart, a premier global digital asset trading platform will list BoringDAO (BORING) on January 20, 2021. For all BitMart users, the BORING/USDT trading pair will be officially available for trading at 06:00 AM EST.
What is BoringDAO?
BoringDAO is a DAO-Driven cross-chain service provider.
Driven by DAO, it provides fast, secure and cheap cross-chain solutions for blockchain networks, including Bitcoin, Ethereum, BSC, Polygon, and many other L1s & L2s.
Product1: oTunnel
BoringDAO oTunnel offers a safe way to maximize utilization rate of Bitcoin and other crypto assets such as DOGE and LTC. $BORING is the native utility and governance token. BoringDAO is driven by the community and aims to build BitcoinFi on multi-chain.
Product2: oPortal
BoringDAO oPortal provides an easy and quick way to transfer funds among many L1s & L2s. Any tokens can be listed on BoringDAO oPortal permissionlessly, whether stablecoins and various governance tokens.
Secure
All assets backed by a 3 layers security mechanism – multi signature wallets, over 100% reserve, and decentralized insurance.
Fast
Assets can be moved across different blockchains within minutes.
Decentralized
BoringDAO is fully decentralized meaning your assets are never in the hands of single third party and all financial data is easily verifiable on the blockchain.
Permissionless
Everyone is free to use cross-chain tunnels and stake their assets in farms with no third party intermediary.
Bitcoin Friendly
Safely move your Bitcoin cross-chain to make the best of multi-chain DeFi.
DAO Governance
BoringDAO is controlled by the community so all major decisions are done openly and though decentralized governance methods.
About BitMart
BitMart Exchange is a premier global digital assets trading platform with over 5 million users worldwide and ranked among the top crypto exchanges on CoinMarketCap. BitMart currently offers 370+ trading pairs with one of the lowest trading fees in the market. To learn more about BitMart, visit their website, follow their Twitter, or join their Telegram for more updated news and promotions. Download BitMart App to trade anytime, anywhere.
About BoringDAO
BoringDAO deploys a series of decentralized bridges – or tunnels – allowing you to safely move your Bitcoin & other crypto assets between Ethereum & different blockchains to maximize utilization rate of crypto assets in DeFi world. To learn more about BoringDAO, please visit their website, follow their Twitter and join their Telegram.
