Details about BoringDAO LTC cryptocurrency
BoringDAO LTC
oltc
Unknown for now
€7,669
12,970
0
Unknown
BoringDAO LTC price charts
oltc exchanges
BoringDAO LTC, the crypto
BoringDAO LTC (OLTC) is a decentralized bridge that allows users to convert Litecoin (LTC) into a supported ERC-20 format token (OLTC), enabling seamless access to liquidity and decentralized finance (DeFi) opportunities on the Ethereum blockchain. OLTC is pegged 1:1 to LTC and can be used on other Ethereum-based protocols, such as exchanges, lending, and yield farming platforms.
The point
The main point of BoringDAO LTC (OLTC) is to provide a simple and efficient way for users to access DeFi protocols while being able to hold onto their LTC. By converting LTC into OLTC, users can access DeFi opportunities on the Ethereum blockchain without having to sell their LTC on a centralized exchange.
The problem
BoringDAO LTC (OLTC) aims to solve the problem of liquidity fragmentation within the crypto ecosystem, where different blockchains have their own liquidity pools. By bridging the gap between LTC and Ethereum-based DeFi protocols, BoringDAO LTC (OLTC) provides a unified liquidity pool that allows users to access decentralized finance opportunities without having to switch between different blockchains.
Compare OLTC and BTC performance
| Timeframe | OLTC | BTC |
|---|---|---|
| 1h change | 0 % | 0.0273948 % |
| 24h change | 0 % | 0.132108 % |
| 7 day change | 0 % | 4.34499 % |
| 14 day change | 0 % | -2.41834 % |
| 30 day change | 0 % | 0.364837 % |
| 200 day change | 0 % | 135.369 % |
| Year change | 0 % | 150.504 % |