METABORA GAMES, a leading blockchain game developer, announced the successful integration of the 'Consensus Liquidity (CL) Protocol' into the BORA ecosystem, opening new opportunities for users.
Integration of CL Protocol
The integration of the CL protocol, developed on the Kaia blockchain platform, will allow users to simultaneously participate in validator staking and liquidity provision. METABORA GAMES aims for a closer connection with external blockchain structures.
Conditions of Joint Liquidity Pool
Since the completion of the integration, partners have provided around $2 million in liquidity for the joint pool. This measure is aimed at enhancing BORA's tokenomics and value through further liquidity injections.
Gas Abstraction System and Burning Mechanisms
The integration will also include a gas abstraction system that allows users to pay transaction fees on the Kaia network using BORA tokens. Additionally, a burning mechanism for part of the profits from the liquidity pool will be implemented, creating a deflationary token model.
The integration of the CL protocol is a significant step for BORA in expanding its functionality and interaction with external ecosystems, opening new horizons for users and enhancing the token market.