B.Protocol (BPRO)
Basics
- Announced on:
- Mainnet release: 27-10-2020
- Based in:
- From EthHub #138 (2-11-2020):
"B.Protocol makes lending platforms more stable by incentivizing liquidity providers (keepers) to commit on liquidation of under collateralized loans while shifting the miner extracted profits back to the users of the platform."
- From Dose of DeFi (3-11-2020):
"It has a liquidity pool that can liquidate undercollateralized positions, but its real foe is MEV (Miner Extraction Value). Increasingly, liquidations are turning into gas wars. B. Protocol aims to sit on top of Maker, like DeFi Saver, but instead of recollateralizing, B. Protocol shares liquidation “proceeds with the platform users in return for getting a priority in the liquidation process”.
B. Protocol made a bit of splash last week when it executed a flash loan on a proposal to give it direct access to Maker’s oracle."
History
Token
Launch
"The B.Protocol community proposed to launch the BPRO token and give it control over the protocol (currently the protocol is under the control of the user Score, and thus users have to hand it over with an onchain vote)."
Token allocation
Utility
Token Details
Stablecoin
Technology
- Whitepaper can be found [insert here].
- Code can be viewed [insert here].
- Built on:
- Programming language used:
Transaction Details
How it works
Mining
Staking
Liquidity Mining
Layer Two
Different Implementations
Interoperability
Other Details
Privacy Method being used
Compliance
Oracle Method being used
Their Other Projects
DEX
Governance
DAO
- From Footprint Analytics(8-2021): a visual in-depth dashboard for B.Protocol
Treasury
Upgrades
Roadmap
- Can be found [Insert link here].
Audits
- Bug bounty program can be found [insert here].
- Scored a 80% on DeFi Safety (8-3-2021); "B. Protocol has an audit." With the comment: "Love these guys attitude. They were quick to fix any weakness. More improvements on the way too."
Bugs/Hacks
Usage
Projects that use or built on it
- Kyber Uses B.Protocol And FPR As A Professional DeFi Backstop. (24-11-2020).
Competition
Coin Distribution
Pros and Cons
Pros
Cons
Team, Funding, Partnerships, etc.
Team
- Full team can be found [here].
Funding
- Raised $2.2m from 1kx, Robot Ventures and more (23-12-2021).
Partners
(:
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