B.Protocol (BPRO)

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 Basics

"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."

"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

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

Partners 

(:

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