Company attributes
Industry
Investors
Total Funding Amount (USD)
5,000,000
Exchange
Also Known As
Burrow.Cash
Latest Funding Type
Patents Assigned (Count)
1
Cryptocurrency attributes
Ticker Symbol
BRRR
Maximum Supply
1,000,000,000
Block Explorer URL
Other attributes
CoinGecko ID
Company Operating Status
Active
Cryptocurrency Symbol
BRRR
Funding Round Date
March 30, 2022
0Funding Round Amount (USD)
5,000,0000
Funding Type
0
ICO Date
April 8, 2022
Invested in
Funding Round Investor
Medium URL
Partner Organizations
Token Standard
NEP-141
Burrow is a decentralized, non-custodial pool-based interest rates platform that enables users to supply assets to earn interest, and to borrow against them to unlock liquidity.
Burrow is similar in nature to Aave, Compound, and other pool-based protocols. Burrow runs natively on the NEAR blockchain, a layer 1, proof-of-stake, sharded blockchain with a WebAssembly runtime. The Burrow protocol's smart contracts are written in Rust.
Burrow aims to unlock liquidity for interest-bearing assets, particularly layer 1 staking derivatives such as stNEAR and stETH. Users of Burrow will be able to deposit stNEAR as collateral, then borrow more NEAR to create a leveraged staking position, or borrow a stablecoin to create a self-repaying position.
Timeline
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