# BorB intro {% hint style="success" %} **Developed by blockchain and cryptotrading industry experts, BorB was established to greatly simplify Web3 derivatives trading experience.** {% endhint %} BorB is an open source and non-custodial crypto derivatives platform dedicated to trading on a new asset class: *fixed length crypto contracts.* These contracts pose a simple question – will the price of an asset be **B**ullish **or** **B**earish over a specific timeframe!? They are powered by smart contracts that can automatically facilitate and execute the terms of the contracts. **There are two key elements that make up a crypto contract. These are:** 1. **The open price.** This is the all-important price level. The open price is central to the contract trading – to place a trade, you must decide if you think the underlying asset will be above or below. 2. **The expiration time.** You can trade crypto contracts lasting for up to one day, with a duration as short as five minutes. ## Is BorB safe? BorB is a fully decentralized and autonomous contract trading platform which has no human interaction, where payouts cannot be tampered at any time. * We’re built on open-source software: our site and all our Smart Contracts are publicly [visible](https://github.com/borb-fi/borb-contracts) for maximum transparency. * We use Chainlink Automation to trigger our smart contract workflow for starting and ending trades and calculating users’ payouts. * Our contracts are verified on BscScan so you know that what you see is what you get: [1](https://bscscan.com/token/0xfcC9b8a55F63b1fec16622F02c64D85CC53D38A6) [2](https://bscscan.com/address/0x2d5a1155e0ad0d0d3857649171b5d348258a5802) [3](https://bscscan.com/address/0x594Cc4566e38A6105a851F1389b47CC37c5a2a3D) [4](https://bscscan.com/address/0x4b970ED4E52088F8b8E62e2bF1772b545B97fd8f) [5](https://bscscan.com/address/0xe8e8d73e73130cfae407e2e371fda8eda5873ee1) --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.borb.fi/borb-intro.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.