BoringDAO priceBORING

Quote currency

BORING price live data

The current price of BoringDAO is --, with a 24-hour trading volume of --. In the last 24 hours, the price of BoringDAO decreased by 2.36%. With a circulating supply of 992,760,216 BORING and a maximum supply of 2,000,000,000 BORING, BoringDAO's fully diluted market cap stands at --. Currently, BoringDAO ranks No.296 by market cap. The BORING to price is updated in real-time.

BoringDAO market information

24h low/high
24h low--
Last price --
24h high--
Heat index ranking
Market cap ranking
Market cap
Favoriting rate
All-time high
All-time low
Initial launch date
Initial launch price
Circulating supply
992,760,216 BORING
Market cap at circulating supply

About BoringDAO (BORING)

BoringDAO is a cross-chain service provider that allows you to move Bitcoin (BTC) and other cryptocurrencies between different blockchains easily and within minutes. This is enabled by their secure bi-directional decentralized bridges, called tunnels. BORING is the name and ticker symbol of BoringDAO's native governance and utility token.

BoringDAO creates an exclusive minting tunnel for non-ERC-20 tokens to be wrapped into BoringDAO's native ERC-20 tokens, oTokens. These oTokens serve as a layer 2 solution for BTC and other non-smart contract blockchains.

In the BoringDAO ecosystem, you can be a minter, a tunnel operator or a yield farmer to earn passive rewards:

1. You can mint oBTC using your BTC holdings to earn BORING rewards.

2. You can stake BORING to earn yield farming returns.

3. You can pledge BORING tokens in a tunnel to earn Pledge Providers (PP) tokens and fees from burning and minting. Similarly, you can pledge BORING tokens to initiate or activate a new asset tunnel.

BoringDAO is a DAO-governed project. You can participate in BoringDAO's governance process using BORING by creating a new BoringDAO Improvement Proposal (BIP) or voting on submitted proposals. BoringDAO's governance involves voting for new asset multi-signers, deciding the system parameters (mining fee, rewards or asset ratio), proposing yield farming pools, managing BoringDAO's treasury and suggesting new asset tunnels. Furthermore, the BoringDAO project has been audited four times by blockchain security firms like Certik and Peckshield.

BORING price and tokenomics

BORING has a fixed maximum supply of 2 billion tokens.

30% of BORING tokens are rewarded to people participating in the minting process. Another 30% will be distributed as BORING farm rewards to farmers and liquidity providers. Of the remaining supply, 19% is reserved for infrastructure development, 11% is allocated to early contributors and 10% to core developers. Tokens allocated to early contributors and core developers will be unlocked in 12 and 24 months, respectively.

BoringDAO has made around $2 million in income for BORING holders, supported 15 blockchains and facilitated at least 13,000 BTC transfers to and from Ethereum (ETH). Achieving these results in a short period has positively impacted BORING price charts.

About the founders

BoringDAO was officially launched in November 2020. The BoringDAO team has 10 core team members, mainly based in Taipei, Beijing, Shanghai and Cambridge. The core members include BTC miners and DeFi farmers.

Notable members of BoringDAO include SnapFingers founder Enki Yan, former G Labs incubation director Henry Chen, Cambridge engineer Mike Meng, Leo Gu, Dewei Liu and Allen Ding (ex-Huobi).

BoringDAO has raised $1.45 million in October 2020 from leading blockchain investors like DeFiance, Hashkey, SNZ, Youbi, Altonomy, Puzzle Ventures and SnapFingers. Other investors include Nothing Research, Fundamental Labs, Bilian Technology and Digital Renaissance.

Learn more about BoringDAO (BORING)

Social media


What is BORING?
BoringDAO is a DAO-governed cross-chain service provider that allows you to move Bitcoin and other cryptocurrencies between Ethereum, Polygon, Avalanche, Fantom, OKC and many other layer 1 and layer 2 blockchains in a decentralized, secure and hassle-free way. BORING is the name and ticker symbol of BoringDAO's native governance and utility token.
How does BORING work?

BoringDAO tunnels are permissionless. Anyone can open a new tunnel by pledging the required amount of BORING tokens. Components of creating a BoringDAO tunnel include pledging coefficient (k) and commission rate (m,n). Pledging coefficient determines the amount of collateral the wrapped asset is backed by, while commission rate specifies the minting and redemption rates.

BoringDAO's oPortal serves as a cross-chain solution for EVM-compatible blockchains. oPortal's native bridge will directly map cryptocurrencies on Ethereum to another chain without intermediate assets.

Where can I buy BORING?

You can buy BORING from OKX exchange. OKX offers the BORING/USDT trading pair.

Before you begin trading with OKX, you need to create an account. Then, to trade BORING/USDT, click "Basic trading" under "Trade" on the top navigation bar.

If you do not have USDT, you may buy USDT with your preferred fiat before swapping it for BORING in the trading terminal.

BORING Bot Marketplace
Copy bot
Spot grid
Copy bot
Spot DCA