What is Borderless Money ($BOM)?
Borderless Money is a DeFi protocol that creates democratic and transparent ways for social investment funds distribution, through income-generating products aiming at social causes. We basically distribute the yields generated by DeFi strategies into social causes that apply at our platform.
$BOM is the native utility token of the Borderless Money Ecosystem, its main purpose is to be used as vote to create governance in the platform.
Borderless Money is the first decentralized crypto-based endowment protocol with an innovative proposition: Our non-custodial protocol directly send the main capital deposited by contributors while distributing only the yields. The contributors are able to withdraw at any time. Our mission is to create democratic and transparent mechanisms for social investment funds distribution, through income-generating products. It’s not charity; it’s Circular Economy.