n is that we think Binance users are very dynamic and more representative of DeFi. This is the key feature Bora wanted. Therefore, we chose to build the Bora DEX on the BNB Chain since we founded in 2021. By now, we have updated 4 versions without cross-chain but focusing on the needs of BNB Chain users. The major advantages of the BNB Chain are its efficiency and lower transaction costs, allowing Bora to compete with popular DEXs on other chains, such as GMX (ARB) Avalanche (AVAX) on Arbitrum, Gains Network (GNS) on Polygon (MATIC). These platforms serve as both our goals and competitors. While Layer 2 solutions have attracted significant organizations and individuals, the BNB Chain still maintains a leading position in terms of higher TVL and a larger user base. Bora intends to solidify its services on the BNB Chain, verifying efficient and secure trading environments and experiences before considering cross-chain integration with Layer 2 solutions and exploring further possibilities. This is part of our plan, and we expect to prioritize it alongside the launch of our platform token by the end of the year. Additionally, we will carefully listen to the opinions of the community and consider their feedback regarding the introduction of more trading pairs, the creation of a permissionless derivatives market, other exciting features, enhanced security measures and so on. For example, in previous versions, we launched European-style at-the-money straddle options, which are traditional and classic derivatives. We have also issued NFT dividend mechanisms, Bora NFTs holders received weekly dividends based on their NFT level, we later redirected this dividend pool to LP to supply more LP income. Question5: In today’s DeFi ecosystem, how would you use Borabora's properties to stay attractive and active? How to get existing web3.0 users to accept and join into Borabora’s ecosystem? Kaji: We have recently launched a new version and new gameplay this month, and listed $exbora, which serves as an incentive token on Borabora. It can be obtained after every position closing, and swapped at a fixed price of 0.5 USDT at any time. As we all know, it moves one block every three seconds. On Borabora, each block comes with $exbora token reward. $exbora is Bora's incentive token. The price is fixed and can be swapped on the official web at any time. When no one is closing the position, the $exbora in these blocks will accumulate until it is detonated by the latest closing order. This order can take away the rewards in all previous blocks. In other words, if you close your position at the right time, the rewards you get can cover the gas fee, trading fee and customer losses of your order, or even more. There are a total of 28,800 blocks with rewards every day. When you're relaxed, You check the real-time blocks accumulated and close a position to grab bomb reward. The blocks keep moving, and the rewards keep coming. There were various rewards in previous versions, but what remains constant is the essence of trading, Borabora is taking every step steadily. As of now, Bora has thousands of trading users and Bora NFT holders on the BNB Chain, with tens of millions of trading volume. This number is still increasing. Welcome to leave a message after the meeting for anything you are interested, let's make progress together. 来源：金色财经lg...
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