BoringDAO🌀
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BoringDAO🌀
Welcome to BoringDAO Community
Getting Started
🌀Product
How does oToken Tunnel work?
How does Satellite City work?
How does oPortal work？
📚Boring Economy
Intruduction of $BORING
$BORING Distribution
$BORING Emission
₿ oBTC
Safety & Decentralization
Minting & Burning
Minting Mining
$oBTC Contract
📋Governance & DAO
Snapshot
Boring Forum
📖Tutorials
How to move your BORING from ETH to other chains
How to Split 1 BOR into 10,000 BORING?
How to use oPortal to transfer stablecoins to other chains？
How to provide liquidity for oPortal？
How to convert $BORING to $eBORING to earn more APY?
(BORING, BORING) FAQs
🥳Others
App Website
$BORING Token Contract
Team Background
Investment Partners
Analyzing Tools
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How to provide liquidity for oPortal？
How to provide liquidity for oPortal
Adding Liquidity
1. Click adds liquidity and enter the amount you wish to deposit and click confirm.
2. After successfully adding the liquidity, you will be able to see your liquidity in the main page of liquidity.
Liquidity Provider dashboard
3. You can choose to add more or remove it on this page.
How does oPortal provide yield farm without Impermanent Loss?
1. How does oPortal generate income for Liquidity providers? The bridge charges 0.5% of the cross-chain amount for each transaction, and 100% of the cross-chain fee goes to liquidity providers.
2. There is no Impermanent loss for liquidity providers as there is no AMM involves, only one asset in the pool, like $USDT. However, when the liquidity providers tend to withdraw their assets, and the liquidity on the destination chain is less the amount users wish to withdraw, they may receive a small part of their asset in other chains, but still without any IL.
📖Tutorials - Previous
How to use oPortal to transfer stablecoins to other chains？
Next - 📖Tutorials
How to convert $BORING to $eBORING to earn more APY?
Last modified 2mo ago
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