🙄 What is the difference between centralization and decentralization?
BaksDAO.finance is a decentralized platform. Many people have heard the expression "Defi," but very few understand the difference between the terms.
⛔️ Centralization.
- Concentration of power in one hand.
- Manipulation of funds.
- Risks of freezing and canceling accounts.
- Risk of scam projects.
- Nobodies controlling work of platforms, token issue.
- Opposition to higher authorities, courts.
- Minimum threshold for purchase, deposit.
- Internal commissions.
- KYC requirement.
✅ Decentralization.
- Platform, cryptocurrencies, tokens are available to anyone, regardless of race, citizenship, social status.
- Algorithms control the system - it is impossible to manipulate funds.
- No ability to influence the processes of the algorithms, not even the developers.
- Complete control of their funds.
- Everyone has the opportunity to invest and multiply the capital.
- Commissions only for transactions.
- Full anonymity.
The cryptocurrency was originally conceived as an alternative to the traditional financial system, which has a lot of disadvantages because of centralization. And the continued centralization of power in cryptocurrency projects and platforms is the exact opposite of the original idea.
Decentralization is first and foremost a right to property, privacy, and security.
❌ The BaksDAO.finance platform cannot use user funds at its discretion.
Any funds you deposit on the platform remain in the smart contract. The smart contract only accepts the transfer command from the wallet from which the transaction was made. No one but you can use the deposited funds. This is an immutable feature that ensures 100% safety of funds and control over the withdrawal of crypto-assets. And with Etherscan and Bscscan services, you can always make sure that the funds are on your smart contract.
On the BaksDAO.finance platform, your funds are safe!
💳 Loan.
💵 Deposit.
💰 Swap.
BaksDAO.finance is a decentralized platform. Many people have heard the expression "Defi," but very few understand the difference between the terms.
⛔️ Centralization.
- Concentration of power in one hand.
- Manipulation of funds.
- Risks of freezing and canceling accounts.
- Risk of scam projects.
- Nobodies controlling work of platforms, token issue.
- Opposition to higher authorities, courts.
- Minimum threshold for purchase, deposit.
- Internal commissions.
- KYC requirement.
✅ Decentralization.
- Platform, cryptocurrencies, tokens are available to anyone, regardless of race, citizenship, social status.
- Algorithms control the system - it is impossible to manipulate funds.
- No ability to influence the processes of the algorithms, not even the developers.
- Complete control of their funds.
- Everyone has the opportunity to invest and multiply the capital.
- Commissions only for transactions.
- Full anonymity.
The cryptocurrency was originally conceived as an alternative to the traditional financial system, which has a lot of disadvantages because of centralization. And the continued centralization of power in cryptocurrency projects and platforms is the exact opposite of the original idea.
Decentralization is first and foremost a right to property, privacy, and security.
❌ The BaksDAO.finance platform cannot use user funds at its discretion.
Any funds you deposit on the platform remain in the smart contract. The smart contract only accepts the transfer command from the wallet from which the transaction was made. No one but you can use the deposited funds. This is an immutable feature that ensures 100% safety of funds and control over the withdrawal of crypto-assets. And with Etherscan and Bscscan services, you can always make sure that the funds are on your smart contract.
On the BaksDAO.finance platform, your funds are safe!
💳 Loan.
💵 Deposit.
💰 Swap.
🔥11👍8❤7
☀️ What happened this week?
Every day of the BaksDAO project is eventful. Sometimes it's easy to miss a news or an interesting event. Let's recap the week.
⚡️ Events:
— Listing on CoinMarketCap.
— Renewal of Retroactive Rewards.
— Loan rate reduction.
🧠 Helpful content:
— A comparison of investments in different assets.
— The difference between centralization and decentralization.
— Who are white hackers and what do they do?
🟣 BaksDAO Int |Website|Platform|Telegram Blog|Telegram Chat|Twitter|Facebook|Reddit|Instagram|Linkedin|Discord|
Every day of the BaksDAO project is eventful. Sometimes it's easy to miss a news or an interesting event. Let's recap the week.
⚡️ Events:
— Listing on CoinMarketCap.
— Renewal of Retroactive Rewards.
— Loan rate reduction.
🧠 Helpful content:
— A comparison of investments in different assets.
— The difference between centralization and decentralization.
— Who are white hackers and what do they do?
🟣 BaksDAO Int |Website|Platform|Telegram Blog|Telegram Chat|Twitter|Facebook|Reddit|Instagram|Linkedin|Discord|
👍11🔥8❤3👏3
What is BaksDAO?
BaksDAO is a DeFi project that has its financial platform BaksDAO.finance.
🟣 The main mission of the project.
The primary and fundamental mission of the project is to make financial services available worldwide in order to develop a democratic society and preserve the environment for future generations.
🟣 BaksDAO project's tokens:
1. BDV (BaksDAO Voice) - voting/system management token.
2. BAKS - Stablecoin.
You can learn about the purpose of tokens 👉 HERE.
More about the project in 👉 White Paper.
🟣 The BaksDAO platform provides the following services:
— Borrow.
— Deposits in cryptocurrencies.
— DEX exchange cryptocurrencies.
🟣 Current contests:
Retrodrop.
Review contest.
🟣 Ranking sites:
CoinMarketCap
CoinGecko
🟣 Social media.
|Website|Platform|Telegram Blog|Telegram Chat|Twitter|Facebook|Reddit|Instagram|Linkedin|Discord|YouTube|
🔥 BaksDAO is planning an IDO BDV in April 2022. Anyone interested can sign up for Wait List. 🔥
BaksDAO is a DeFi project that has its financial platform BaksDAO.finance.
🟣 The main mission of the project.
The primary and fundamental mission of the project is to make financial services available worldwide in order to develop a democratic society and preserve the environment for future generations.
🟣 BaksDAO project's tokens:
1. BDV (BaksDAO Voice) - voting/system management token.
2. BAKS - Stablecoin.
You can learn about the purpose of tokens 👉 HERE.
More about the project in 👉 White Paper.
🟣 The BaksDAO platform provides the following services:
— Borrow.
— Deposits in cryptocurrencies.
— DEX exchange cryptocurrencies.
🟣 Current contests:
Retrodrop.
Review contest.
🟣 Ranking sites:
CoinMarketCap
CoinGecko
🟣 Social media.
|Website|Platform|Telegram Blog|Telegram Chat|Twitter|Facebook|Reddit|Instagram|Linkedin|Discord|YouTube|
🔥 BaksDAO is planning an IDO BDV in April 2022. Anyone interested can sign up for Wait List. 🔥
Baksdao
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How can I earn passive income with BAKS Stablecoin?
✅ Method 1: Deposit BAKS.
At the moment, the annual deposit rate of BAKS is 15% APY.
Detailed instructions can be found 👉 HERE.
✅ Method 2. Deposit funds into the liquidity pool at PancakeSwap.
A liquidity pool is some vault where market participants put their assets in order to collectively provide a large supply of tokens and cryptocurrency for anyone who wants to exchange that asset.
📈 Providing funds to the pool, the user receives income - a percentage of the commission of all exchanges made.
🙄 How to contribute funds to the pool?
1. Buy equal shares of BAKS and USDT (any amount you are willing to contribute).
2. Go to PancakeSwap.
3. In the first line, select BAKS, and in the second line, select USDT (or vice versa).
4. Enter the amount you want to deposit, the amount of the second token will be calculated automatically.
5. Enter the liquidity.
6. Receive income.
The more funds you contribute to the pool, the higher your income percentage will be.
Thus, you do not worry about price changes at all, and you get a passive income. Minimal risk and easy profits!
💵 Buy or exchange BAKS.
💵 Make deposit at interest.
💵 Contribute liquidity to the BAKS-USDT pool.
✅ Method 1: Deposit BAKS.
At the moment, the annual deposit rate of BAKS is 15% APY.
Detailed instructions can be found 👉 HERE.
✅ Method 2. Deposit funds into the liquidity pool at PancakeSwap.
A liquidity pool is some vault where market participants put their assets in order to collectively provide a large supply of tokens and cryptocurrency for anyone who wants to exchange that asset.
📈 Providing funds to the pool, the user receives income - a percentage of the commission of all exchanges made.
🙄 How to contribute funds to the pool?
1. Buy equal shares of BAKS and USDT (any amount you are willing to contribute).
2. Go to PancakeSwap.
3. In the first line, select BAKS, and in the second line, select USDT (or vice versa).
4. Enter the amount you want to deposit, the amount of the second token will be calculated automatically.
5. Enter the liquidity.
6. Receive income.
The more funds you contribute to the pool, the higher your income percentage will be.
Thus, you do not worry about price changes at all, and you get a passive income. Minimal risk and easy profits!
💵 Buy or exchange BAKS.
💵 Make deposit at interest.
💵 Contribute liquidity to the BAKS-USDT pool.
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🔥 European Parliament committee backed a bill to regulate cryptocurrencies 🔥
The European Parliament's Economic and Monetary Affairs Committee (ECON) passed a bill to regulate cryptocurrencies by a majority vote (45 out of 57).
"ECON committee adopted my #MiCA report. A good day for the crypto sector! The EU Parliament has paved the way for innovation-friendly crypto regulation that can set global standards. The process is not over yet..." wrote speaker Stefan Berger.
Further discussion of the bill will take place at the level of the EU Council and the European Commission.
✅ Bills to regulate cryptocurrencies is a positive sign, because such decisions bring the global community closer to legalizing cryptocurrencies and legal, safe use!
UPD: The document did not include an amendment to ban mining on the Proof-of-Work consensus algorithm, which would otherwise mean banning bitcoin.
💵 Make deposit with interest.
The European Parliament's Economic and Monetary Affairs Committee (ECON) passed a bill to regulate cryptocurrencies by a majority vote (45 out of 57).
"ECON committee adopted my #MiCA report. A good day for the crypto sector! The EU Parliament has paved the way for innovation-friendly crypto regulation that can set global standards. The process is not over yet..." wrote speaker Stefan Berger.
Further discussion of the bill will take place at the level of the EU Council and the European Commission.
✅ Bills to regulate cryptocurrencies is a positive sign, because such decisions bring the global community closer to legalizing cryptocurrencies and legal, safe use!
UPD: The document did not include an amendment to ban mining on the Proof-of-Work consensus algorithm, which would otherwise mean banning bitcoin.
💵 Make deposit with interest.
🚀 Continuation of the uptrend?🚀
The main cryptocurrency Bitcoin continues to consolidate, and the news backdrop, meanwhile, is pleasing every day.
🟣 PayPal CEO:
"Digital assets and blockchain will revolutionize the financial system." PayPal CEO Dan Schulman said this at the Axis Tel Aviv 2022 event, CTech writes.
🟣 The President of Ukraine signed the law "On Virtual Assets".
Thanks to the document, bitcoin exchanges will be able to operate legally in Ukraine, and banks will be able to open accounts for cryptocurrency companies.
🟣 Exchange Binance received a license to provide cryptocurrency services in Dubai, UAE.
🟣 Bit Digital brought 39% of its mining installations back online after moving out of China.
Nasdaq-listed mining company Bit Digital has deployed 39.2% of its cryptocurrency mining rigs in North America, months after leaving China.
🟣 Founder and head of Meta (formerly Facebook) Mark Zuckerberg confirmed rumors during the SXSW conference about the emergence of non-transferable tokens (NFT) in the social network Instagram.
🟣 Ethereum wallet MetaMask has passed the 30 million user mark.
🟣 Britain's largest bank HSBC bought virtual land in The Sandbox meta-universe.
The news backdrop is conducive to continuing the uptrend, and the number of new cryptocurrency wallets is growing. Is it time for the moon? 🌕🚀
With BaksDAO.finance investing in cryptocurrencies is twice as profitable! 👇
💵Deposit|💰Loan|🔄Exchange
The main cryptocurrency Bitcoin continues to consolidate, and the news backdrop, meanwhile, is pleasing every day.
🟣 PayPal CEO:
"Digital assets and blockchain will revolutionize the financial system." PayPal CEO Dan Schulman said this at the Axis Tel Aviv 2022 event, CTech writes.
🟣 The President of Ukraine signed the law "On Virtual Assets".
Thanks to the document, bitcoin exchanges will be able to operate legally in Ukraine, and banks will be able to open accounts for cryptocurrency companies.
🟣 Exchange Binance received a license to provide cryptocurrency services in Dubai, UAE.
🟣 Bit Digital brought 39% of its mining installations back online after moving out of China.
Nasdaq-listed mining company Bit Digital has deployed 39.2% of its cryptocurrency mining rigs in North America, months after leaving China.
🟣 Founder and head of Meta (formerly Facebook) Mark Zuckerberg confirmed rumors during the SXSW conference about the emergence of non-transferable tokens (NFT) in the social network Instagram.
🟣 Ethereum wallet MetaMask has passed the 30 million user mark.
🟣 Britain's largest bank HSBC bought virtual land in The Sandbox meta-universe.
The news backdrop is conducive to continuing the uptrend, and the number of new cryptocurrency wallets is growing. Is it time for the moon? 🌕🚀
With BaksDAO.finance investing in cryptocurrencies is twice as profitable! 👇
💵Deposit|💰Loan|🔄Exchange
💥 How to get cryptocurrency for free?
Buying cryptocurrency is an easy option. But beyond that, there are a large number of ways to get cryptocurrency for free.
1️⃣ Contests.
Participating in a contest is a good chance to get tokens. All you need is a computer and the Internet. You can get up to 1500 BDV just by writing a review about BaksDAO.
👉 Review contest.
2️⃣ Deposit.
Do you already have cryptocurrency? Don't keep it for nothing! Deposit cryptocurrency and get up to 15% p.a.
👉 Make a deposit.
3️⃣ Retroactive Rewards.
Using the platform can also bring in additional tokens. Make a deposit by March 25 and get a token BDV. Double benefit!
👉 Retroactive Rewards conditions.
4️⃣ Liquidity Pool.
Keeping all your funds in stablecoin? There's money to be made on that, too! Put two stablecoins into the pool and get passive income from commissions.
👉 Deposit liquidity.
🟣 How else can I get BaksDAO tokens?
BaksDAO team regularly tries to please the community with new contests and programs, soon we will launch bounty and ambassadorship programs. Stay tuned!
Website|Platform|Telegram Blog|Telegram Chat|Twitter|Facebook|Reddit|Instagram|Linkedin|Discord|YouTube|
Buying cryptocurrency is an easy option. But beyond that, there are a large number of ways to get cryptocurrency for free.
1️⃣ Contests.
Participating in a contest is a good chance to get tokens. All you need is a computer and the Internet. You can get up to 1500 BDV just by writing a review about BaksDAO.
👉 Review contest.
2️⃣ Deposit.
Do you already have cryptocurrency? Don't keep it for nothing! Deposit cryptocurrency and get up to 15% p.a.
👉 Make a deposit.
3️⃣ Retroactive Rewards.
Using the platform can also bring in additional tokens. Make a deposit by March 25 and get a token BDV. Double benefit!
👉 Retroactive Rewards conditions.
4️⃣ Liquidity Pool.
Keeping all your funds in stablecoin? There's money to be made on that, too! Put two stablecoins into the pool and get passive income from commissions.
👉 Deposit liquidity.
🟣 How else can I get BaksDAO tokens?
BaksDAO team regularly tries to please the community with new contests and programs, soon we will launch bounty and ambassadorship programs. Stay tuned!
Website|Platform|Telegram Blog|Telegram Chat|Twitter|Facebook|Reddit|Instagram|Linkedin|Discord|YouTube|
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🐶 What are meme tokens?
Meme tokens are based on Internet memes, current events, online communities and influential personalities. Such tokens began to gain a lot of popularity after Elon Musk mentioned Dogecoin in his tweet.
The tokens themselves do not carry any value, but exist only thanks to the support of the community and Influencers.
🤩 What are the most popular meme tokens?
According to aggregator CoinMarketCap the most popular tokens are #Dogecoin ($DOGE), #Shiba Inu ($SHIB) and #Dogelon Mars ($ELON).
1️⃣ Dogecoin.
It was created by programmers Jackson Palmer and Billy Marcus. The logo of the token was based on a photo of a dog from memes. It started as a simple joke, but at the moment, Elon Musk is working with DOGE developers and helping them to adapt DOGE to pay for goods and services.
2️⃣ Shibu Inu.
The token was launched in April 2021 as an "experiment in decentralized, spontaneous community building." In May 2021, the value of the meme token skyrocketed by 2,000,000%.
3️⃣ Dogelon Mars
ELON is a clone of the Dogecoin cryptocurrency. It got its popularity because of the 0x protocol service failure, after which CoinMarketCap started displaying the Dogelon Mars token appreciation by 50,000%, which earned it its popularity.
🤔 What is your favorite meme token?
Meme tokens are based on Internet memes, current events, online communities and influential personalities. Such tokens began to gain a lot of popularity after Elon Musk mentioned Dogecoin in his tweet.
The tokens themselves do not carry any value, but exist only thanks to the support of the community and Influencers.
🤩 What are the most popular meme tokens?
According to aggregator CoinMarketCap the most popular tokens are #Dogecoin ($DOGE), #Shiba Inu ($SHIB) and #Dogelon Mars ($ELON).
1️⃣ Dogecoin.
It was created by programmers Jackson Palmer and Billy Marcus. The logo of the token was based on a photo of a dog from memes. It started as a simple joke, but at the moment, Elon Musk is working with DOGE developers and helping them to adapt DOGE to pay for goods and services.
2️⃣ Shibu Inu.
The token was launched in April 2021 as an "experiment in decentralized, spontaneous community building." In May 2021, the value of the meme token skyrocketed by 2,000,000%.
3️⃣ Dogelon Mars
ELON is a clone of the Dogecoin cryptocurrency. It got its popularity because of the 0x protocol service failure, after which CoinMarketCap started displaying the Dogelon Mars token appreciation by 50,000%, which earned it its popularity.
🤔 What is your favorite meme token?
🟣 How does BAKS stablecoin work?
BAKS stablecoins are calculated using a unique algorithm that provides full coin liquidity by securing BaksDAO smart contracts.
BAKS is an algorithmic stablecoin. The Platform enables BAKS stablecoin issue only when the user transfers a collateral or deposit to a smart contract. BAKS cannot be “printed” or issued in any other way.
🟣 Why is 1 BAKS always equal to $1?
The stability of the token is maintained by balancing the volume of coins.
When a difference arises in the system between the amount of all BAKS Stablecoins issued and the total value of all pledges and deposits, the module burns or issues the necessary amount of coins to keep the system balanced.
BAKS burning is designed to increase the value of a stablecoin to $1, and issuing is designed to decrease it to $1.
💵Deposit|💰Loan|🔄Exchange
BAKS stablecoins are calculated using a unique algorithm that provides full coin liquidity by securing BaksDAO smart contracts.
BAKS is an algorithmic stablecoin. The Platform enables BAKS stablecoin issue only when the user transfers a collateral or deposit to a smart contract. BAKS cannot be “printed” or issued in any other way.
🟣 Why is 1 BAKS always equal to $1?
The stability of the token is maintained by balancing the volume of coins.
When a difference arises in the system between the amount of all BAKS Stablecoins issued and the total value of all pledges and deposits, the module burns or issues the necessary amount of coins to keep the system balanced.
BAKS burning is designed to increase the value of a stablecoin to $1, and issuing is designed to decrease it to $1.
💵Deposit|💰Loan|🔄Exchange
☀️ What happened this week?
Every day of the BaksDAO project is eventful. Sometimes it's easy to miss news or an interesting event. Let's recap the week.
⚡️ Events:
— European Parliament committee backed a bill to regulate cryptocurrencies.
— Continuation of the uptrend.
🧠 Helpful content:
— How can I earn passive income with BAKS Stablecoin?
— How to get cryptocurrency for free?
— What are meme tokens?
— How does BAKS stablecoin work?
🟣 BaksDAO Int |Website|Platform|Telegram Blog|Telegram Chat|Twitter|Facebook|Reddit|Instagram|Linkedin|Discord|
Every day of the BaksDAO project is eventful. Sometimes it's easy to miss news or an interesting event. Let's recap the week.
⚡️ Events:
— European Parliament committee backed a bill to regulate cryptocurrencies.
— Continuation of the uptrend.
🧠 Helpful content:
— How can I earn passive income with BAKS Stablecoin?
— How to get cryptocurrency for free?
— What are meme tokens?
— How does BAKS stablecoin work?
🟣 BaksDAO Int |Website|Platform|Telegram Blog|Telegram Chat|Twitter|Facebook|Reddit|Instagram|Linkedin|Discord|
🔥1
🤑 Canada's leading bank uses the Ripple network to make cross-border payments.
National Australia Bank (NAB) is working with Canadian Imperial Bank of Commerce (CIBC) to use Ripple technology to make international payments.
NAB said this in a statement about the international banking alliance, which will include Israel's Bank Leumi and CIBC.
"We are excited to work with CIBC and have already collaborated with them on the use of Ripple blockchain technology for international payment transfers between our organizations as part of a proof of concept. We believe this technology has the potential not only for real-time international payments, but also to improve the efficiency and security of our payment systems," the press release said.
The alliance involves the exchange of information and innovative strategies as well as joint development of products and services.
✅ NAB services are used by more than 8 million clients in Australia and all over the world and CIBC services more than 10 million people.
💵Deposit|💰Loan|🔄Exchange
National Australia Bank (NAB) is working with Canadian Imperial Bank of Commerce (CIBC) to use Ripple technology to make international payments.
NAB said this in a statement about the international banking alliance, which will include Israel's Bank Leumi and CIBC.
"We are excited to work with CIBC and have already collaborated with them on the use of Ripple blockchain technology for international payment transfers between our organizations as part of a proof of concept. We believe this technology has the potential not only for real-time international payments, but also to improve the efficiency and security of our payment systems," the press release said.
The alliance involves the exchange of information and innovative strategies as well as joint development of products and services.
✅ NAB services are used by more than 8 million clients in Australia and all over the world and CIBC services more than 10 million people.
💵Deposit|💰Loan|🔄Exchange
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Deposit now.gif
23.7 MB
⚠️ There are 2 days left to participate in the Retroactive Rewards! ⚠️
Retroactive Rewards from DeFi project BaksDAO.
📅 Period: March 1 - March 31.
❗️How to get retroactive rewards?
1. Take out a loan or deposit at least $50 (equivalent) on the platform between March 1 and March 24.
2. Keep the deposit or hold the loan until and including March 31.
You can make any number of deposits and take out a loan at the same time. This will increase your chances of winning!
🎉 The results of Retroactive Rewards will be published on April 8 in the community.
💳 Take loan
💰Deposit
Retroactive Rewards from DeFi project BaksDAO.
📅 Period: March 1 - March 31.
❗️How to get retroactive rewards?
1. Take out a loan or deposit at least $50 (equivalent) on the platform between March 1 and March 24.
2. Keep the deposit or hold the loan until and including March 31.
You can make any number of deposits and take out a loan at the same time. This will increase your chances of winning!
🎉 The results of Retroactive Rewards will be published on April 8 in the community.
💳 Take loan
💰Deposit
🔥 Recruitment for the Ambassador Program. 🔥
BaksDAO is launching an Ambassador Program in which everyone can participate and win valuable prizes.
📌 Who can participate?
All users.
🤔 How to participate?
1. Study the detailed requirements.
2. Fill out the form no more than once (only for bloggers with more than 10k followers).
3. Write a post on Twitter and write @BaksDao/indicate Discord link (https://discord.gg/UJUcU2aPgr).
4. The application should get a confirmation letter at your mailbox within 2 days (only for bloggers with more than 10,000 followers).
If you do not have enough subscribers, then join the server in Discord and actively communicate in chats, make memes, create activity on the server. This will raise your level and increase your chances of getting an award. The top 100 participants will receive rewards.
🎉 What are the rewards?
- Project Merch.
- Discounted credits.
- Reward up to $1000 monthly.
- A place on the Waitlist.
⚠️ APPLICATIONS ARE ACCEPTED UNTIL APRIL 15. ⚠️
The Ambassador Program will be updated periodically with new challenges.
👉 Ambassador Program.
👉 Discord.
BaksDAO is launching an Ambassador Program in which everyone can participate and win valuable prizes.
📌 Who can participate?
All users.
🤔 How to participate?
1. Study the detailed requirements.
2. Fill out the form no more than once (only for bloggers with more than 10k followers).
3. Write a post on Twitter and write @BaksDao/indicate Discord link (https://discord.gg/UJUcU2aPgr).
4. The application should get a confirmation letter at your mailbox within 2 days (only for bloggers with more than 10,000 followers).
If you do not have enough subscribers, then join the server in Discord and actively communicate in chats, make memes, create activity on the server. This will raise your level and increase your chances of getting an award. The top 100 participants will receive rewards.
🎉 What are the rewards?
- Project Merch.
- Discounted credits.
- Reward up to $1000 monthly.
- A place on the Waitlist.
⚠️ APPLICATIONS ARE ACCEPTED UNTIL APRIL 15. ⚠️
The Ambassador Program will be updated periodically with new challenges.
👉 Ambassador Program.
👉 Discord.
Google Docs
Requirements for Ambassador:
Terms and requirements for the Ambassador. Beginner level. Beginner - level zero. The level will be given automatically after joining the server. Conditions: Create discord activity, memes, infographics, articles, posts, shilling, localization into official…
👾 The five fundamental principles of the BaksDAO platform.
BaksDAO is not only a financial platform, but also a community that is mindful of the original goals of decentralization.
🟣 Economic feasibility.
BaksDAO's activities should be aimed at maximizing profits only in legal and ethical ways.
🟣 Sustainability.
It is crucial for us that the company's profit management takes into account the development of society and the preservation of the environment.
🟣 Financial inclusion.
The possibilities of the platform and its tools should be accessible to as many people as possible and its activities should be aimed at expanding its geographical presence and accessibility through education, promotion and performance assurance.
🟣 Decentralization.
The goal of the BaksDAO platform is to come to full decentralization. In achieving this goal, equal access and rights for all BDV voting token holders (BDV) must be ensured, to guarantee the long-term success of the Platform.
🟣 Security and assurance.
- All user funds hosted on the Platform must be protected from external and internal influences and manipulation. This is achieved by unchanging smart contract terms and open blockchain networks, as well as audits of smart contracts and IT infrastructure for vulnerabilities and continuous IT security throughout the platform's lifecycle.
- All funds released by the platform must be secured by crypto assets at all times.
Do you agree with this code of honor? Write your opinion in the comments 👇
Website|Platform|Telegram Blog|Telegram Chat|Twitter|Facebook|Reddit|Instagram|Linkedin|Discord|
BaksDAO is not only a financial platform, but also a community that is mindful of the original goals of decentralization.
🟣 Economic feasibility.
BaksDAO's activities should be aimed at maximizing profits only in legal and ethical ways.
🟣 Sustainability.
It is crucial for us that the company's profit management takes into account the development of society and the preservation of the environment.
🟣 Financial inclusion.
The possibilities of the platform and its tools should be accessible to as many people as possible and its activities should be aimed at expanding its geographical presence and accessibility through education, promotion and performance assurance.
🟣 Decentralization.
The goal of the BaksDAO platform is to come to full decentralization. In achieving this goal, equal access and rights for all BDV voting token holders (BDV) must be ensured, to guarantee the long-term success of the Platform.
🟣 Security and assurance.
- All user funds hosted on the Platform must be protected from external and internal influences and manipulation. This is achieved by unchanging smart contract terms and open blockchain networks, as well as audits of smart contracts and IT infrastructure for vulnerabilities and continuous IT security throughout the platform's lifecycle.
- All funds released by the platform must be secured by crypto assets at all times.
Do you agree with this code of honor? Write your opinion in the comments 👇
Website|Platform|Telegram Blog|Telegram Chat|Twitter|Facebook|Reddit|Instagram|Linkedin|Discord|
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🟣 Madonna bought an NFT from the Bored Ape Yacht Club collection for $556,000.
Singer #Madonna from the Bored Ape Yacht Club (BAYC) collection. The token purchase for 180 #ETH (~$556,000) was made through the concierge service of infrastructure provider #MoonPay.
"I've finally joined the meta-universe. My very own monkey, thank you MoonPay. We all need protection from the jinx," the singer wrote.
⚠ On Thursday, MoonPay also transferred BAYC #1506 to an unknown address. After that, rapper Wiz Khalifa put the token on his Twitter avatar.
Website|Platform|Telegram Blog|Telegram Chat|Twitter|Facebook|Reddit|Instagram|Linkedin|Discord|
Singer #Madonna from the Bored Ape Yacht Club (BAYC) collection. The token purchase for 180 #ETH (~$556,000) was made through the concierge service of infrastructure provider #MoonPay.
"I've finally joined the meta-universe. My very own monkey, thank you MoonPay. We all need protection from the jinx," the singer wrote.
⚠ On Thursday, MoonPay also transferred BAYC #1506 to an unknown address. After that, rapper Wiz Khalifa put the token on his Twitter avatar.
Website|Platform|Telegram Blog|Telegram Chat|Twitter|Facebook|Reddit|Instagram|Linkedin|Discord|
🟣 What is a #DAO?
DAO (#decentralized autonomous organization) is a decentralized autonomous organization, which is managed by means of smart contracts.
This system is as transparent as possible, because all the rules are written in the code. The code, in turn, is publicly available - anyone can view it and even use it to develop their project.
Holders of DAO's native tokens vote on proposals designed to benefit the entire community. This creates a strong contrast to today's corporations, which are run by a closed circle of individuals.
🟣 How do DAOs work?
A DAO is a combination of rules and code. A set of rules attached to a control structure and embedded in code. This concept is implemented with smart contracts and provides a control mechanism.
To decide on any proposal, the community votes using native tokens.
🟣 Advantages of DAO?
No hierarchy.
In DAO, every stakeholder can participate in voting and decision making.
Transparency.
The history of decisions made is available to everyone.
Openness.
Almost everyone, who has access to the Internet, can become a DAO token holder and thus gain the right to make decisions.
The concept of DAO allows people to interact with each other to achieve a common goal without having to trust.
Website|Platform|Telegram Blog|Telegram Chat|Twitter|Facebook|Reddit|Instagram|Linkedin|Discord|
DAO (#decentralized autonomous organization) is a decentralized autonomous organization, which is managed by means of smart contracts.
This system is as transparent as possible, because all the rules are written in the code. The code, in turn, is publicly available - anyone can view it and even use it to develop their project.
Holders of DAO's native tokens vote on proposals designed to benefit the entire community. This creates a strong contrast to today's corporations, which are run by a closed circle of individuals.
🟣 How do DAOs work?
A DAO is a combination of rules and code. A set of rules attached to a control structure and embedded in code. This concept is implemented with smart contracts and provides a control mechanism.
To decide on any proposal, the community votes using native tokens.
🟣 Advantages of DAO?
No hierarchy.
In DAO, every stakeholder can participate in voting and decision making.
Transparency.
The history of decisions made is available to everyone.
Openness.
Almost everyone, who has access to the Internet, can become a DAO token holder and thus gain the right to make decisions.
The concept of DAO allows people to interact with each other to achieve a common goal without having to trust.
Website|Platform|Telegram Blog|Telegram Chat|Twitter|Facebook|Reddit|Instagram|Linkedin|Discord|
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☀️ What happened this week?
Every day of the BaksDAO project is eventful. Sometimes it's easy to miss news or an interesting event. Let's recap the week.
⚡️ Events:
— Recruitment for the Ambassador Program.
— Canada's leading bank uses the Ripple network.
— Madonna bought an NFT.
🧠 Helpful content:
— What is a DAO?
— The five fundamental principles of the BaksDAO platform.
🌏 BaksDAO in Media:
— Publish0x. 3 Reasons Why 2022 Is A Good Year To Invest In Cryptocurrencies.
🟣 BaksDAO Int |Website|Platform|Telegram Blog|Telegram Chat|Twitter|Facebook|Reddit|Instagram|Linkedin|Discord|
Every day of the BaksDAO project is eventful. Sometimes it's easy to miss news or an interesting event. Let's recap the week.
⚡️ Events:
— Recruitment for the Ambassador Program.
— Canada's leading bank uses the Ripple network.
— Madonna bought an NFT.
🧠 Helpful content:
— What is a DAO?
— The five fundamental principles of the BaksDAO platform.
🌏 BaksDAO in Media:
— Publish0x. 3 Reasons Why 2022 Is A Good Year To Invest In Cryptocurrencies.
🟣 BaksDAO Int |Website|Platform|Telegram Blog|Telegram Chat|Twitter|Facebook|Reddit|Instagram|Linkedin|Discord|
🔥 The Vanuatu government has approved the creation of Satoshi Island. 🔥
Satoshi Island is a crypto-utopia project where citizens will be able to live in eco-friendly homes and ownership will be determined by having an NFT.
"The crypto industry has finally found a physical home," enthusiasts report.
An official document states: "The Vanuatu government welcomes the Satoshi Island project to our country. Vanuatu is looking for new ways to attract investment and people."
🚀 Meanwhile, the bitcoin price has surpassed the $47,000 level.
👇 Grow money with BaksDAO.Finance, take everything from life.
💳 Make a loan 💵 Deposit
Satoshi Island is a crypto-utopia project where citizens will be able to live in eco-friendly homes and ownership will be determined by having an NFT.
"The crypto industry has finally found a physical home," enthusiasts report.
An official document states: "The Vanuatu government welcomes the Satoshi Island project to our country. Vanuatu is looking for new ways to attract investment and people."
🚀 Meanwhile, the bitcoin price has surpassed the $47,000 level.
👇 Grow money with BaksDAO.Finance, take everything from life.
💳 Make a loan 💵 Deposit
🔥 Recruitment for the Ambassador Program until April 15. 🔥
BaksDAO is launching an Ambassador Program in which everyone can participate and win valuable prizes.
Who can participate?
We've made different levels so that everyone can participate.
How to participate?
1. Retweet the post.
2. Study the detailed requirements.
What will be the rewards?
- Project Merch.
- Discount on credits.
- Reward in project tokens monthly.
- A place on the Waitlist.
⚠️ ACCEPT APPLICATIONS UNTIL APRIL 15. ⚠️
The program will be updated periodically with new challenges.
👉 Ambassador Program
👉 Discord
BaksDAO is launching an Ambassador Program in which everyone can participate and win valuable prizes.
Who can participate?
We've made different levels so that everyone can participate.
How to participate?
1. Retweet the post.
2. Study the detailed requirements.
What will be the rewards?
- Project Merch.
- Discount on credits.
- Reward in project tokens monthly.
- A place on the Waitlist.
⚠️ ACCEPT APPLICATIONS UNTIL APRIL 15. ⚠️
The program will be updated periodically with new challenges.
👉 Ambassador Program
👉 Discord
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😎 Top news in the coming days.
🟣 #Visa has launched an educational program on how to create #NFTs.
Payments giant Visa has launched an educational program on how to grow a business with non-exchangeable tokens (NFTs).
🟣 #Web3 Wallet MetaMask developers have added support for Apple Pay.
The new version of #MetaMask mobile wallet (v4.3.1) has added support for Apple Pay and gasless transactions, as well as a dark theme.
🟣 #Opera browser added support for bitcoin, Polygon and Solana.
Norwegian company Opera added support for bitcoin, Solana, Polygon, Celo, Nervos Network, StarkEx, IXO and the Ronin sidechain to the browser.
🟣 #Messi signed a $20 million deal to promote fan tokens.
Legendary soccer player Lionel Messi has signed a three-year agreement to promote the Socios fan-token platform. The amount of the agreement was $20 million.
🟣 #Netflix has released «Trust No One: The Hunt for the Crypto King».
The story of QuadrigaCX's collapse and the unexpected death of its CEO became so famous that a documentary was made about it. It surfaced today on Netflix.
Website|Platform|Telegram Blog|Telegram Chat|Twitter|Facebook|Reddit|Instagram|Linkedin|Discord|Ambassador Program
🟣 #Visa has launched an educational program on how to create #NFTs.
Payments giant Visa has launched an educational program on how to grow a business with non-exchangeable tokens (NFTs).
🟣 #Web3 Wallet MetaMask developers have added support for Apple Pay.
The new version of #MetaMask mobile wallet (v4.3.1) has added support for Apple Pay and gasless transactions, as well as a dark theme.
🟣 #Opera browser added support for bitcoin, Polygon and Solana.
Norwegian company Opera added support for bitcoin, Solana, Polygon, Celo, Nervos Network, StarkEx, IXO and the Ronin sidechain to the browser.
🟣 #Messi signed a $20 million deal to promote fan tokens.
Legendary soccer player Lionel Messi has signed a three-year agreement to promote the Socios fan-token platform. The amount of the agreement was $20 million.
🟣 #Netflix has released «Trust No One: The Hunt for the Crypto King».
The story of QuadrigaCX's collapse and the unexpected death of its CEO became so famous that a documentary was made about it. It surfaced today on Netflix.
Website|Platform|Telegram Blog|Telegram Chat|Twitter|Facebook|Reddit|Instagram|Linkedin|Discord|Ambassador Program
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