coingecko (thumbnail mini)
Continue in app
Track prices in real-time
coingecko (thumbnail mini)
Continue in app
Track prices in real-time
Give Feedback
Rank #366
BoringDAO [OLD] Price (BOR)
BoringDAO [OLD] (BOR)
$134.65 0.2%
0.00664962 BTC 0.2%
0.12053336 ETH 3.8%
1,685 people like this
$98.73
24H Range
$167.02
Market Cap $54,184,978
24 Hour Trading Vol $16,774.26
Fully Diluted Valuation $54,184,978
Total Value Locked (TVL) $5,001,168
Fully Diluted Valuation / TVL Ratio 10.83
Market Cap / TVL Ratio 10.83
Circulating Supply ?
Total Supply 200,000
Max Supply 200,000
Show More Info
Hide Info

BOR
USD
USD

BoringDAO [OLD] Price Chart (BOR/USD)

Last updated 08:05PM UTC. Currency in USD.

Live Chart

We're indexing our data. Come back later!

1h
24h
7d
14d
30d
1y
0.5%
0.2%
27.4%
-26.1%
-22.8%
-50.8%

BOR Price Statistics

BoringDAO [OLD] Price Today
BoringDAO [OLD] Price $134.65
24h Low / 24h High $98.73 / $167.02
7d Low / 7d High $92.58 / $212.63
Trading Volume $16,774.26
Market Cap Rank #366
Market Cap $54,184,978
Market Cap Dominance 0.006%
Volume / Market Cap 0.0006
All-Time High $68,174.92 -99.8%
Dec 02, 2021 (7 months)
All-Time Low $83.80 60.5%
Sep 28, 2021 (9 months)

BOR Price Today

BoringDAO [OLD] price today is $134.65 with a 24-hour trading volume of $16,774.26. BOR price is up 0.2% in the last 24 hours. It has a circulating supply of 0 BOR coins and a total supply of 200 Thousand. If you are looking to buy or sell BoringDAO [OLD], FMFW.io is currently the most active exchange.

What was the highest price for BoringDAO [OLD]?

BoringDAO [OLD] hit an all time high of $68,174.92 on Dec 02, 2021 (7 months).

What was the lowest price for BoringDAO [OLD]?

BoringDAO [OLD] had an all time low of $83.80 on Sep 28, 2021 (9 months).

What was the 24 hour trading volume of BoringDAO [OLD]?

The 24 hour trading volume of BoringDAO [OLD] is $16,774.26.

Where can BoringDAO [OLD] be traded?

You can trade BoringDAO [OLD] on FMFW.io, Dodo (BSC), and Sushiswap. Popular trading pairs for BoringDAO [OLD] in the market includes BOR/USD, BOR/CAD, BOR/EUR, BOR/PHP, BOR/INR, and BOR/IDR.

 

What is BoringDAO?

BoringDAO is a decentralized bridge that connects all blockchain assets onto a single platform.

Non-ERC20 tokens can be converted into ERC20-compatible bTokens for usage on DeFi applications on Ethereum.

BoringDAO aims to bring a higher level of security through a double pledge mechanism as well as to provide more incentives for participating users.





boringdao home page

 

What are BOR tokens?

Currently, BOR tokens are used to redeem the original assets used to mint the bTokens. Upon redemption of the original asset, a 0.2% redemption commission will be charged, and could only be paid using BOR tokens.

BOR can also be pledged to build a tunnel to support other crypto assets, where pledgers become partial owners of the tunnel to earn minting and burning fees.

How does BoringDAO work?

boringdao infrastructure

BoringDAO uses DAOs or “tunnels” to convert assets from other blockchains into the ERC-20 standard. The first tunnel would be made for Bitcoin, called oBTC. For each asset, an exclusive minting tunnel would be created in the form of a DAO, to allow for bi-directional conversion from the original asset into the ERC-20 version and vice versa.

To open a tunnel, users have to pledge at least 500 BOR tokens. Each blockchain asset can only have one existing tunnel. After a tunnel has been created, it will need to be activated by the BoringDAO community where tokens need to be pledged to meet the minimum deposit requirement for tunnel activation. The pledge requirement needs to be met within 48 hours after the initial tunnel creation. 

If the activation requirement is met, the tunnel would go live after a tunnel-creation countdown. Once the tunnel is activated, the tunnel creator’s pledge portion will directly be included in the pledge pool.

To further increase the safety of users’ funds, 50% of the tunnel’s redemption commission is placed into a locked insurance pool. The pool is community-owned and can only be used for claims settlement once a community proposal has been met and the referendum is completed. To know more about the mechanics of BoringDAO, you may refer to their documentation or whitepaper.

How do I get BOR tokens?

You can obtain APY tokens by purchasing them from decentralized exchanges such as Sushiswap or Uniswap

Additionally, there are two other ways of earning BOR -  mint mining and using the Boring Farm.

Through mint mining, users who mint bTokens will have to pay a 0.2% commission fee, but they will receive 0.4% BOR rewards based on the minted amount.

On the other hand, the Boring Farm allows users to pledge the bTokens that they have minted in order to farm even more BOR tokens. Pledgers will receive a Pledge Provider (PP) token which can also be staked to get more BOR. 

In general, bTokens, PP tokens and liquidity provider (LP) tokens for both bTokens and BOR can be used to generate yield in BOR. 30% of the total supply of BOR would be distributed through the Boring Farm.

Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...

Looking for the latest alphas?
Access exclusive reports by CoinGecko analysts!
CoinGecko Premium

GeckoCon is back!
Join our flagship Web3 conference now!
GeckoCon 2022

Need Help?
Find the answers that you need in our Help Centre.
Help Centre