Bodh Beta is Live on Boba Mainnet!
Bodh Finance is a decentralized protocol that establishes money markets with algorithmically set interest rates based on supply and demand. This will allow users to lend and borrow assets on Boba Network.
We’re initially listing these markets:
All our contracts are verified!
Why Bodh?
Bodh brings an essential DeFi lego to the Boba ecosystem. It unlocks powerful applications like margin trading, yield farming, and many more through seamless lending & borrowing experience.
Why Boba?
Apart from inheriting the decentralization and security of Ethereum. Boba network is an optimistic rollup with great UX:
- Rapid L2->L1 exits (without 7 days delay).
- Supports native $ETH instead of WETH.
- Community-run fraud-detector allows transactions to be independently verified by anyone.
Hence, we believe Boba can become DeFi and the NFT execution layer for web3. This will increase the necessity of having a decentralized money market protocol on Boba. Bodh will fill this gap by allowing users to lend and borrow their assets with very limited risk. We are using Witnet oracle for all the price feeds on mainnet ❤️
What’s next?
We have a lot more exciting news for you these upcoming weeks. Stay connected with us to get the latest updates!
