On July 10th, $Pendle co-founder TN LEE said in an interview with Deep潮 TechFlow, "As DeFi gradually enters a more mature stage, users will increasingly need more mature and reliable investment tools, strategies that are more in line with everyone's investment style, and more flexible and diverse choices.
Like $Pendle, Boros is a yield trading product. The biggest reform brought by Boros is the combination of CeFi and DeFi advantages, unlocking and utilizing funding rates as a source of income, and providing users with a trading platform. The fluctuation and reliability of funding rates also make it one of Crypto's largest sources of income.
Boros will also be a simpler and easier-to-understand product. Simply put: if users think the funding rate will rise, they can open long positions, and vice versa, open short positions." [Deep潮 TechFlow]