# INTRODUCTION TO $BUN

## **Overview** <a href="#overview" id="overview"></a>

The Boundless Network & Burrito Wallet: Bridging the Web3 Users and Businesses

The Boundless Network is a comprehensive Web3 ecosystem connecting businesses and users through interactive protocols like token launchpools, p2p marketplaces, and airdrop spaces. Users earn rewards through contributions, while businesses gain users and liquidity. The $BUN governance token enhances engagement, interconnectivity, and ownership within this ecosystem.

## The Boundless Network & Burrito Wallet <a href="#the-boundless-network-and-burrito-wallet" id="the-boundless-network-and-burrito-wallet"></a>

The Boundless Network decides to grow ecosystem having Burrito Wallet take a cohesive, pivotal role as an infrastructure partner, that address key challenges in South Korea's crypto market, such as secure key management, high trading premiums ('Kimchi Premium'), and strict regulations.

Launched in October 2021 as a Bithumb subsidiary, Burrito Wallet has been growing up-to 280,000 users by August 2024. It will be offering secure Web3 transactions using multiparty computation (MPC), market discussion chatrooms, easy access to dApps, and compliance with Korean Travel Rules. There will be more protocols added in the Ecosystem in the future.

## **BUN Token in Burrito Wallet** <a href="#bun-token-in-burrito-wallet" id="bun-token-in-burrito-wallet"></a>

Burrito Wallet serves as the primary infrastructure for the BUN token, enabling value exchange and utility. It includes a Partner Program for user attraction via BUN-powered referrals and campaigns, and a DAO structure for community voting on strategic initiatives and wallet features. Enhanced engagement is achieved through Crypto Metrics, providing insights into user demographics and behaviors for partner dApps. Governed by a Decentralized Autonomous Organization (DAO), the system supports community-driven proposals, voting by BUN holders, and decentralized power distribution.


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