☀️ 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:
— Voting on the BDV token!
— BaksDAO was included in the top prospective projects of 2022
— Stablecoin USDN fell by 20%.
— JPMorgan CEO Recognizes the Value of Blockchain and DeFi.
— Top news in the coming days.

🧠 Helpful content:
— How to participate in IDO — a complete guide.

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✅ The voting for the BDV token has ended.

Voting results: the majority of users voted to approve the proposals.

⚙️ Proposals that were accepted:
1. Adjustment of tokenomics in favour of full one-off issue of BDV, increasing the share of tokens allocated for project and community development, as well as reducing the share of token ownership by the team.
2. Definition of a minimum initial value of a BDV token when placed on IDO of at least USD 0.003 per BDV.
3. Migration of BDV token smart contract and replacement of existing BDV tokens with new ones.
4. IDO Timeline.
5. Development of additional features for the BDV token.

🎉 How will users benefit from the changes?
1. Long-term and stable growth of the BDV token.
2. Increased funding to stimulate community interest.
3. Increase the minimum value of the BDV token by a factor of 10.
4. Owners of BDV tokens will be exchanged at an increasing ratio of 1:1.3.
5. Reduced interest rates on loans from 11% APR to 3% APR, subject to repayment of loans with BDV tokens (after giving a BDV token a value).
5.1 In order to promote the BDV token, the deposit rate is proposed to be 21% APR (after giving a BDV token a value).

🔄 How will I get new BDV tokens?
All wallets that have BDVs in their accounts will be sent new BDVs at a ratio of 1:1.3. Substitution must be carried out within 10 days of IDO.

Plans for the implementation of the proposals made will be announced additionally.

View voting results 👉 HERE

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🎉 We will be adding five new languages.

Right now the BaksDAO team is adapting the site and platform for 5 new languages.

✅ Soon 5 new languages will be available for users to use:

— Spanish.
— Portuguese.
— Turkish.
— Chinese.
— Indonesian.

👇 Follow the news on our social media.

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🚨 There are 24 hours left until the form closes! 🚨

We are removing all restrictions on applying to the Ambassador Program! Anyone is welcome to apply.

✅ To do so:
1. Repost post.
2. Apply here.

🔥 The first 50 applications will go on the IDO WaitList. 🔥

🚨 Recruitment for the Ambassador Program is closed.🚨

🎉 Winners of the contest:
1. https://twitter.com/ajapeace1?t=V_YtSf3WFviUf0DdHJWXDg&s=09
2. https://twitter.com/Official_Aybee?t=IA8ZZ5ANWdeC-YGXLETVeQ&s=09
3. https://twitter.com/Olatunji34431?t=WqMs8HNrWOoNOQN6NKKN9w&s=09
4. https://twitter.com/JamesOFficialBD
5. https://twitter.com/NobleJohnson2?t=Q2ZCgZF_pbuoK2gnm9amPw&s=09
6. https://twitter.com/ksuitojr
7. https://twitter.com/LaboshDavid?t=neyPwKPtT9cQeZKn-fPxoA&s=09
8. https://twitter.com/chugun_klimkin
9. https://twitter.com/Gallardo_Mati
10. https://twitter.com/SuzOkon
11. https://twitter.com/FRANCISTITUS20?t=DjQbfntuRrV0Yl_UxaCTjw&s=09
12. https://twitter.com/IammendyJ?t=2oiAIzemHqFKkFbMcJ49-A&s=09
13. https://twitter.com/EtokSitoabasi?s=09
14. https://twitter.com/BinhTrung8
15. https://twitter.com/AUmoren1
16. https://twitter.com/HaCong112/status/1514947321452138498?t=CkMliukcT-1X5BQzUQolsA&s=19
17. https://mobile.twitter.com/davoski4luv
18. https://twitter.com/stevefavour3
19. https://twitter.com/JohnnyTimm4

⚠️ If you do not find yourself in the lists, then you filled out the form incorrectly.

😉 If you didn't make the list, don't worry! There are many contests ahead of you where you are sure to win.

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⚠️ Dear users! ⚠️

By popular demand, we have decided to end the meme contest on Sunday, April 17 at 23.59 UTC.

✅ The winners will be announced on April 22.

💪 You have just over 24 hours to create a meme or add a new one.

Warning! Make sure you fill out the form!

🔥 BaksDAO Integrates Chainlink Price Feeds.

We’re excited to announce BaksDAO, a DeFi lending and borrowing platform, has integrated Chainlink Price Feeds on BNB Chain.

✅ BaksDAO is a lending and borrowing platform with a fully working product, available now on Baksdao.Finance.

👀 After reviewing various oracle solutions, we integrated Chainlink Price Feeds because they provide a multitude of critical features such as:
— High-Quality Data.
— Secure Node Operators.
— Decentralized Network.
— Reputation System.

Read more about BaksDAO, Chainlink and integration in 👉 a NEW ARTICLE.

Don't forget to clap your hands 50 times at the bottom of the article 👏

💥 Launch of BaksDAO Academy!

One of our principles is the development of financial accessibility. That's why we made the important decision to launch our own academy.

✅ Already in the first course, you will be able to learn:
- Where the need for cryptocurrency came from.
- How blockchain and cryptocurrencies work.
- How centralized and decentralized services differ.
- How to use wallets and buy cryptocurrency.
- How to start getting passive income from cryptocurrency.

🧠 The peculiarity of our courses:
- It's absolutely free.
- The materials are suitable for any level of knowledge about cryptocurrency.
- Each course will contain both theoretical and practical parts.
- After completing the training, the user will clearly understand how to use cryptocurrency for profit.

To celebrate the launch of the Academy, we are also planning to launch a contest. Follow the news on our social networks. 👇

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🎉 BaksDAO.Finance platform is available in 5 new languages!

Available languages:
- English.
- Spanish.
- Portuguese.
- Turkish.
- Chinese.
- Indonesian.
- Russian.

✅ To celebrate the addition of new languages, we are launching a new contest:
1. Repost the post.
2. Find an error in the translation on the platform.
3. Share the error on the form.
4. Get a place in WaitList.

🔥 Go for it!

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📊 Chainalysis: the profit from investments in cryptocurrencies in 2021 exceeded $162 billion, the leader is the U.S.

In 2021 the profit from investments in digital assets reached $162.7 billion (in 2020 - $32.5 billion):
1st place. United States - $47.9 billion.
2nd place. United Kingdom - $8.1 billion.
3rd place. Germany - $5.8 billion.
4th place. Japan - $5.1 billion.
5th place. China - $5.1 billion.

"The report reflects the growth of the ecosystem in 2021, especially in DeFi. [...] Cryptocurrency remains a source of economic opportunity for users in emerging markets," the document states.

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🥸 What is Web 3.0?

They're talking about it everywhere, but no one is saying what it is. Let's find out right now!

✅ Web 3.0 is the new age of the Internet. In total the Internet is divided into 3 eras. Let's take a closer look.

1️⃣ Web 1.0:
- The stage from 1991 to 2004.
- Sites are only for reading.
- Lack of interactivity and automation.
- Minimal user participation in the formation of content.
- The primitive design.

2️⃣ Web 2.0:
- Users participate in the life of the Internet and fill it with content.
- Large corporations are setting the trends.
- User data has become a "commodity" for advertisers, "the era of targeted advertising and lack of privacy.
- Users have no control over their data, and corporations can delete inappropriate content.
- Information is still stored on single servers and released on demand.

3️⃣ Web 3.0:
Decentralization.
Data will be distributed to users.

AI and machine learning.
AI can be used to identify custom comments on marketplaces.

Openness.
Software will be mostly open source.

Freedom.
It is expected that censorship on the Web will be abolished, and everyone will have the opportunity to publish any content.

Ubiquity.
Experts believe that in the era of Web 3.0, the Internet will be almost anywhere, and IoT devices and "smart" gadgets will be the distributors.

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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:
— BaksDAO Integrates Chainlink Price Feeds.
— Launch of BaksDAO Academy!
— BaksDAO.Finance platform is available in 5 new languages!
— Results of the meme contest!
— Chainalysis: the profit from investments in cryptocurrencies in 2021 exceeded $162 billion, the leader is the U.S

🧠 Helpful content:
— What is Web 3.0?

🟣 BaksDAO Int |Website|Platform|Twitter|Facebook|Instagram|Linkedin|Discord|

🔥 The Central African Republic has legalized bitcoin as a means of payment.

On Thursday, April 21, the government of the Central African Republic approved the legalization of BTC as a legal tender. The country became the first on the continent to legalize cryptocurrency in this status.

⚙️ Purposes of legalization:
- CAR will accept BTC to pay for goods and services
- Authorities expect the cryptocurrency will be able to pull the economy out of crisis

✅ How does the government plan to use cryptocurrencies?

The regulation includes not only the legalization of bitcoin, but also a comprehensive strategy to rebuild the economy based on digital assets.

The plan also calls for the integration of blockchain technology into various areas of activity, including government paperwork.

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