The Future of Finance
  • BoF - The Future of Finance
  • Terminology
  • User Access
  • Account Verification
  • BoF Accounts
    • Earn Accounts
      • DeFi Earn Accounts
      • On-chain Real World Asset Earn Accounts
    • Spending Account
  • BoF Mastercard
  • BoF Smart Account
  • Account Abstraction
  • Features
    • Linking External Wallets
    • Profile Overview
    • External Wallet Overview
    • BoF Alerts
  • Market Neutral Yield Farms
    • Market Neutral Farming (Single Asset Borrow)
    • Market Neutral Yield Farming (Dual Asset Borrow)
    • Interest (Rewards)
    • Additional Features, Strategies and Technology
      • Impermanent Loss Protection - Debt Rebalancing
      • Anti-Liquidation Protection - Collateral Rebalancing
      • Keeper Technology
    • Variability of Borrowing Costs (Public Vs Private Money Market)
    • Impact of Collateralization Ratios on APRs
    • Volatility and Yield Farming
    • Variability of APR's
  • Defining Market Neutral Yield Farming
  • Lending
    • Interest (Rewards)
  • Smart Contract Audits
  • Security Assurance Audit
  • Risks
    • Multi-Protocol Risks & Risk Management
    • Third Party Protocol Information
    • Additional Risks
  • Disclosure Regarding Third-Party Provider Information
  • FAQ's
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  1. BoF Accounts

Spending Account

Spending on demand

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Last updated 1 year ago

BoF provides users with a spending account (unique smart contract) for each wallet that is connected to their BoF profile. From this Spending Account, Users can create digital that can be used anywhere in the world a digital is accepted.

Users can deposit funds into their Spending Account from their digital wallet and withdraw from the Spending Account to their Digital Wallet. Users can also easily transfer funds between their BoF Spending Account and their BoF Earn Accounts with a single click.

BoF Spending Accounts are underpinned by an Immersve Smart Contract that is specific to your connected wallet.

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