/biz/ - Business & Finance

You jerks never know a good thing when you see it.

BoringDAO has a three-layer security mechanism:
Asset layer (PS2H multi-sig + OP_Return)
Contract layer (over 100% reserve)
Application layer (decentralized insurance such as Nsure and Cover)

BoringDAO needs an accurate price oracles from Chainlink

Triple Security Mechanism — Except for BTC mortgages, there are also contract layer mortgages and multiple insurance mechanisms.
Decentralized — With an advanced coin-minting mechanism, oBTC minting is much faster than other cross-chain BTC assets.
High Incentives — Our BoringFarm pool and the Curve pool all enjoy high APYs.

https://theboringdao.medium.com/boringdao-chainlink-a-critical-step-to-make-obtc-more-decentralized-94312f6faf4a

I never thought I would be in this point of my life. I did it. It's about time to share the basic notion of it all:

BoringDAO is going to be the real deal that we thought it would be months ago. Chainlink thinks so too.
https://theboringdao.medium.com/boringdao-chainlink-a-critical-step-to-make-obtc-more-decentralized-94312f6faf4a

You remember link? yeah it's been a while to hear about that one, right? like almost 45 seconds. phew frens, that was like almost going out of style on these boards.
Well basically, BoringDAO, the one with the Bitcoin bridge and Bitcoin token, has partnered up with chainlink. enjoy the bennies, good sirs and laydeez

>>28079773
it's partnering up with boringDAO