Boreal
Boreal is a DeFi platform with a bridge between a private and public blockchains, especially Lachain and Ethereum. Our main services include staking and liquidity pools on Lido Finance with DREX.
Created on 11th September 2023
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Boreal
Boreal is a DeFi platform with a bridge between a private and public blockchains, especially Lachain and Ethereum. Our main services include staking and liquidity pools on Lido Finance with DREX.
The problem Boreal solves
We propose is the implementation of interoperability between DREX and a public blockchain, combined with the creation of a liquidity pool in Lido Finance, bringing together wstETH and wDREXrt.
Challenges we ran into
▪️ Scaling a DREX that is private, yet publicly transparent;
▪️ Interoperability: how the real digital world can be utilized in traditional finance or in DeFi (Decentralized Finance).
Tracks Applied (3)
Creative DREX and (w)stETH DeFi solutions - No projects met the requirements for this award
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