ROSE & Oasis Network Integration with BoringDAO
ROSE & Oasis Network integrated with BoringDAO, so #ROSE will gain multi-chain support through #BoringDAO’s multi-chain bridge.
The collaboration will bring the full suite of BoringDAO’s services to the Oasis Network and will leverage the Oasis-Eth ParaTimes unique support for EVM smart contracts to run:
- A direct bridge between oBTC, oLTC and BOR that will allow for wrapped tokens to be brought to the Oasis Network with a single click.
- A new Boring Farm, that will allow individuals to stake and mine BTC, LTC, BOR and ROSE directly on the Oasis-Eth ParaTime.
In addition, BoringDAO plans to develop a native, two way “tunnel” with the Oasis and Bitcoin Network — giving the Oasis Network direct access to Bitcoin. Combined with the development of our own Ethereum Bridge, BoringDAO’s numerous integrations will help expand the scope and reach of ROSE and the Oasis Network. These powerful cross-network primitives will help unlock our vision for privacy-enabled DeFi — giving developers and users alike access to new financial vehicles and digital assets outside of the Oasis Network.
Enki Yan, the founder of BoringDAO, said “We are fully aware that the data economy and privacy network provided by Oasis Network are necessary components of the future blockchain, so we are very willing to provide the necessary multi-chain support for Oasis Network.”
What is BoringDAO?
BoringDAO is a decentralized multi-chain bridge and Bitcoin L2 solution. It offers a safe way to maximize utilization rate of crypto assets.
What is Oasis Network?
The Oasis Foundation is an organization supporting the development and ecosystem surrounding the Oasis Network. The Oasis Network is the first privacy-enabled blockchain platform for open finance and a responsible data economy. Designed to give users back control and ownership of their data and financial sovereignty, the Foundation’s mission is to enable projects, developers and community members who seek to realize this vision.
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