# Bora DAO

- **Website:** <https://borafinance.io>
- **Primary alias:** `borafinance.io`
- **Founded:** 2021
- **Employees:** 2+
- **Location:** Cape Town, Western Cape, South Africa
- **Company kind:** PRIVATELY HELD

## Description

Bora DAO is a groundbreaking platform that empowers communities to fund the education of future leaders. With a transparent and community-operated approach, Bora DAO is revolutionizing the way education is financed for those who need it the most. Through Bora DAO, communities have the tools to evaluate, vote, and fund proposals from students in need of loans. This community-controlled capital model ensures that education funding reaches those who are typically excluded due to a lack of credit records or limited access to financial resources. Thousands of students now have access to funding and the opportunity to become tomorrow's leaders. Anyone, anywhere can create a sub-DAO within the Bora DAO ecosystem, allowing students to submit proposals and access funding. By using the Cardano blockchain and a decentralized identifier system, Bora DAO ensures a secure and efficient loan application process. Bora DAO operates with three tokens: $BORA, $vBORA, and $sBORA. These tokens facilitate activities such as reviewing proposals, voting, and staking stablecoins. Stakeholders can earn rewards and share in the revenue generated from transaction fees and interest on loans issued. The Bora DAO treasury is funded through stablecoins deposited in Bora DAO loan vaults, and providers of liquidity have the power to decide where their capital is deployed. Proposals approved by the community are funded, and students receiving funding become Bora Community Advisors, actively participating in the community. Bora DAO's open-source nature allows communities worldwide to create their own sub-DAOs, expanding access to education funding. By combining innovation, transparency, and community empowerment, Bora DAO is paving the way for a future where education is truly accessible to all.

## Industries

- 💰 Finance

## Links

- [linkedin](https://linkedin.com/company/borafin)
- [medium](https://medium.com/@BoraFinace)
- [twitter](https://twitter.com/BoraFinance)

## Logos & icons

- logo _(primary)_ — PNG, SVG — [download](https://cdn.brandfetch.io/idXLyAD5ke/w/820/h/194/theme/dark/logo.png?c=1bxid64Mup7aczewSAYMX&t=1693663387702)
- icon _(primary)_ — JPEG — [download](https://cdn.brandfetch.io/idXLyAD5ke/w/400/h/400/theme/dark/icon.jpeg?c=1bxid64Mup7aczewSAYMX&t=1693663388060)

## Colors

| Name | Hex | Theme |
| --- | --- | --- |
| International Orange | #f95300 | accent |
| Woodsmoke | #141319 | dark |
| White | #ffffff | light |

## Fonts

- Poppins — asset _(google)_
- Poppins — asset _(google)_

## Imagery

- banner _(primary)_ — JPEG — [download](https://cdn.brandfetch.io/idXLyAD5ke/w/1500/h/500/idGKysLwi3.jpeg?c=1bxid64Mup7aczewSAYMX&t=1693663387931)

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_Source: <https://brandfetch.com/borafinance.io>_
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