Project Introduction:
Bandot is Polkadot unsecured lending system, building a new paradigm of liquidity aggregation platform. Bandot is an innovatively designed cross-chain DeFi aggregation platform to provide users with maximum asset liquidity and providing unprecedented convenience in lending and stablecoin exchanging.
An ecosystem of untrammeled circulation of value
By connecting through users, data and protocol, Bandot enables cross-blockchain transfers of any type of assets, in order to create a free transfer ecosystem.
Timeline of Bandot:
2020.12 — Launched “Guru Cross-chian Asset Gateway”
2020.12 — Exclusive partnership with Huobi Heco in HBTC staking activity.
2021.01 — Publish Pandora Testnet
2021.02 — Announcement of Private Sale.
Financing information:
Investment company: Candaq, NGC, SNZ, Dealean, Cabin VC, AU21, Gate, Lancer Captial, PNYX, Dorahacks, Zonff Partners, Altonomy, Hotbit, Oasis, YBB, AngelONE, CRYPTO VENTURE, ZB Capital, Glock Ventures, etc.
Token Distribution Information:
What Bandot does in the future:
All blockchain network protocols are aimed to be applied in business and economy environment, and growing in a sustainable network environment. Our Bandot network protocol is built to provide a more efficient inter-operate way that helps Polkadot to be applied and growing in business.
Bandot would play a very important role in financial services in the near future, as a bridge between Ethereum ecosystem and Polkadot ecosystem, Guru gateway would link them and improve the economic interoperability
Bandot is Polkadot’s stablecoin unsecured lending system, which provides a more convenient and efficient method for users.
You can manage and trade all kinds of digital asset via Bandot.
Application scenarios：
Cross blockchain unsecured Lending System
Unsecured lending is a new DeFi attempt. By using credit guarantee system, which allows users to get loan without mortgage real assets.
Bandot provides unprecedented economic scalability by enabling a common set of validators to secure multiple blockchains. Bandot provides transactional scalability by spreading transactions across multiple parallel blockchains. You can use the credit from other Polkadot parallel blockchains as mortgage guarantee, to make an asset portfolio to mortgage and achieve a high-level market returns.
Swap AssetCentre via stable-coin bUSD
Bandot is built by our decentralized open source stable-coin team which based on Polkadot ecosystem. The bUSD we launched, as an inter-media between multiple parallel blockchains, enables to lower the transaction cost during the asset transactions from one blockchain to another.
Bandot allows arbitrary data — all main kinds of tokens- to be exchanged to stablecoins, such as DOT, ETH, BTC, etc, the Intelligent protocol will swap out equivalent stable-coins based on real time exchange rate. The different tokens from multiple blockchains also can be transferred via Bandot, to improve the efficiency and token liquidity and interoperability.
Contact us:
Website：bandot.io
Github:https://github.com/bandotorg/Bandot
Twitter:https://twitter.com/hellobandot
Telegram:t.me/hellobandot
Medium:https://hellobandot.medium.com
Email:contact@bandot.io
