The crypto market in 2021. Bitcoin.
Over the past 12 months, Bitcoin's value changes have been like a roller coaster. The price of the coin was rising, setting a new historical high, and then falling, losing tens of percent in value.
At the beginning of the year, the value of Bitcoin was $29 thousand. A week later, the currency set a new all-time high - $42 thousand, but then fell in price to $28.8 thousand. Since then, the growth phase of Bitcoin began.
The reason for the growth is Elon Musk. Tesla announced about $1.5 billion investment in cryptocurrency and announced the introduction of cryptocurrency payments. On the background of such news Bitcoin rate rose to $44 thousand. The currency was actively growing until March 2021. In March, the value of the asset set a new all-time high of $60,000. But the joy was short-lived. Already in May, Tesla refused to accept Bitcoin as a means of payment, and China imposed a complete ban on cryptocurrency. Against the backdrop of this news, the currency collapsed by a third and reached a local low of $30 thousand.
In the summer of 2021 the value of Bitcoin fluctuated from $30 thousand to $28 thousand. By August Bitcoin managed to move into a new growth phase.
News from El Salvador had a positive impact on the growth of the rate. There, on September 7, a law on the legalization of cryptocurrency as a means of payment came into force. The country's authorities announced the purchase of 400 Bitcoins. After that, the value of Bitcoin was $52 thousand.
In September, the decline phase began. On September 21, the Bitcoin rate was $40,000. But by October, the currency reached a new peak of $67,000. This happened after an ETF, based on bitcoin futures of the Chicago Mercantile Exchange (CME Group), began trading in the United States.
On November 10, the current historic high was set at $69,000. But by winter, the price of the asset had already fallen by almost 20%. The value of the asset amounted to $42 thousand.
Cryptoanalysts promised us the growth of Bitcoin to $100 thousand already by the end of 2021. But that didn't happen. Now the main task of Bitcoin, according to analysts, is to cross the important psychological mark of $69 thousand, which will be followed by intensive growth and achievement of the same mark of $100 thousand.
Over the past 12 months, Bitcoin's value changes have been like a roller coaster. The price of the coin was rising, setting a new historical high, and then falling, losing tens of percent in value.
At the beginning of the year, the value of Bitcoin was $29 thousand. A week later, the currency set a new all-time high - $42 thousand, but then fell in price to $28.8 thousand. Since then, the growth phase of Bitcoin began.
The reason for the growth is Elon Musk. Tesla announced about $1.5 billion investment in cryptocurrency and announced the introduction of cryptocurrency payments. On the background of such news Bitcoin rate rose to $44 thousand. The currency was actively growing until March 2021. In March, the value of the asset set a new all-time high of $60,000. But the joy was short-lived. Already in May, Tesla refused to accept Bitcoin as a means of payment, and China imposed a complete ban on cryptocurrency. Against the backdrop of this news, the currency collapsed by a third and reached a local low of $30 thousand.
In the summer of 2021 the value of Bitcoin fluctuated from $30 thousand to $28 thousand. By August Bitcoin managed to move into a new growth phase.
News from El Salvador had a positive impact on the growth of the rate. There, on September 7, a law on the legalization of cryptocurrency as a means of payment came into force. The country's authorities announced the purchase of 400 Bitcoins. After that, the value of Bitcoin was $52 thousand.
In September, the decline phase began. On September 21, the Bitcoin rate was $40,000. But by October, the currency reached a new peak of $67,000. This happened after an ETF, based on bitcoin futures of the Chicago Mercantile Exchange (CME Group), began trading in the United States.
On November 10, the current historic high was set at $69,000. But by winter, the price of the asset had already fallen by almost 20%. The value of the asset amounted to $42 thousand.
Cryptoanalysts promised us the growth of Bitcoin to $100 thousand already by the end of 2021. But that didn't happen. Now the main task of Bitcoin, according to analysts, is to cross the important psychological mark of $69 thousand, which will be followed by intensive growth and achievement of the same mark of $100 thousand.
Why you should invest in cryptocurrency in 2022
Every year more and more people think about the need to invest. The pandemic has shown us how important it is to have a source of additional passive income, which will not disappear in case of another lockdown or other circumstances. There are many types of investments - buying stocks, real estate, precious metals, bank deposits. All of them have many advantages, but also entail difficulties and risks. For example, high entry threshold and low liquidity.
Today we are going to talk about the benefits of investing in cryptocurrency. Crypto can be a great investment both for experienced investors who understand the importance of diversifying their investment portfolio. and for newcomers as a first investment asset.
Advantages of investing in cryptocurrency
📍Low entry threshold
Traditional ways of investing require a large financial investment, especially if you want to start earning a return on your investment as soon as possible. You can start investing in cryptocurrency with any minimum amount. For example, the entry threshold for the BaksDAO platform is $50. BAKS purchased for this amount can be deposited and receive passive income or used as collateral.
📍Ease of use
You don't need to go to intermediaries and pay for their services in order to buy cryptocurrency. All you have to do is to have a cryptocurrency wallet and choose the right platform. You don't need to go through a long registration process. For example, at BaksDAO you can work completely anonymously.
📍Liquidity
Cryptocurrency is easy to buy, but also easy to sell. So if you suddenly need cash, you can get it quickly and easily by selling your crypto assets.
📍Lack of geographical attachment
Cryptocurrency has no borders and is not controlled by any state. This means that cryptocurrency is least susceptible to inflation and political influence. No central bank can manipulate the rates of cryptocurrency assets.
Every year more and more people think about the need to invest. The pandemic has shown us how important it is to have a source of additional passive income, which will not disappear in case of another lockdown or other circumstances. There are many types of investments - buying stocks, real estate, precious metals, bank deposits. All of them have many advantages, but also entail difficulties and risks. For example, high entry threshold and low liquidity.
Today we are going to talk about the benefits of investing in cryptocurrency. Crypto can be a great investment both for experienced investors who understand the importance of diversifying their investment portfolio. and for newcomers as a first investment asset.
Advantages of investing in cryptocurrency
📍Low entry threshold
Traditional ways of investing require a large financial investment, especially if you want to start earning a return on your investment as soon as possible. You can start investing in cryptocurrency with any minimum amount. For example, the entry threshold for the BaksDAO platform is $50. BAKS purchased for this amount can be deposited and receive passive income or used as collateral.
📍Ease of use
You don't need to go to intermediaries and pay for their services in order to buy cryptocurrency. All you have to do is to have a cryptocurrency wallet and choose the right platform. You don't need to go through a long registration process. For example, at BaksDAO you can work completely anonymously.
📍Liquidity
Cryptocurrency is easy to buy, but also easy to sell. So if you suddenly need cash, you can get it quickly and easily by selling your crypto assets.
📍Lack of geographical attachment
Cryptocurrency has no borders and is not controlled by any state. This means that cryptocurrency is least susceptible to inflation and political influence. No central bank can manipulate the rates of cryptocurrency assets.
How can you make money from cryptocurrency in 2022?
We've already told you about ways to make money like mining, stacking, and deposit. Today, we'll tell you how you can get into cryptocurrency if you don't already own crypto assets and start earning.
📍Participating in bounty programs
Participating in a bounty program is an opportunity to get blockchain startup tokens without investing your own money. Most often such programs are arranged by startups that are entering the market. Developers offer users to make simple actions - subscribe to social networks, make a repost, test a service or leave a review. In this way, the user helps the company promote and improve the product, and receives a reward.
This is a good opportunity to get promising tokens. In the future, these tokens can be exchanged for other cryptocurrency or, for example, put on a deposit and get passive income.
📍Crypto-trading
A trader is a player on the exchange, who earns on the rate fluctuations of cryptocurrencies.
The main task of a trader is to buy cheaper and sell more expensive. It sounds simple, but in fact there are many details and hidden dangers. First of all, it is necessary to study the cryptocurrency market well and clearly understand what changes are related to this or that. Next, you need to develop a strategy.
The main advantage of trading - high profitability. And the main disadvantage - high risks.
📍Investing in DeFi tokens
The field of decentralized finance is the biggest crypto trend now. DeFi tokens show high growth rates. But along with the hype around DeFi, many empty tokens have appeared. How do you choose the one token that will bring you income in the future?
🔺 A token has a limited issue. The fewer tokens issued, the higher its price could potentially be.
🔺 Product availability. Creating your own platform speaks to the developer's serious intentions. As the platform develops, more and more people will learn about the token, and as the popularity grows, the value of the token will also grow.
🔺 Listing on exchange platforms. After listing on DeFi exchanges, tokens show rapid growth. However, it is most profitable to buy tokens on small trading floors. As a rule, access to exchanges such as Coinbase, Binance, etc. coincides with the peak value of the token.
We've already told you about ways to make money like mining, stacking, and deposit. Today, we'll tell you how you can get into cryptocurrency if you don't already own crypto assets and start earning.
📍Participating in bounty programs
Participating in a bounty program is an opportunity to get blockchain startup tokens without investing your own money. Most often such programs are arranged by startups that are entering the market. Developers offer users to make simple actions - subscribe to social networks, make a repost, test a service or leave a review. In this way, the user helps the company promote and improve the product, and receives a reward.
This is a good opportunity to get promising tokens. In the future, these tokens can be exchanged for other cryptocurrency or, for example, put on a deposit and get passive income.
📍Crypto-trading
A trader is a player on the exchange, who earns on the rate fluctuations of cryptocurrencies.
The main task of a trader is to buy cheaper and sell more expensive. It sounds simple, but in fact there are many details and hidden dangers. First of all, it is necessary to study the cryptocurrency market well and clearly understand what changes are related to this or that. Next, you need to develop a strategy.
The main advantage of trading - high profitability. And the main disadvantage - high risks.
📍Investing in DeFi tokens
The field of decentralized finance is the biggest crypto trend now. DeFi tokens show high growth rates. But along with the hype around DeFi, many empty tokens have appeared. How do you choose the one token that will bring you income in the future?
🔺 A token has a limited issue. The fewer tokens issued, the higher its price could potentially be.
🔺 Product availability. Creating your own platform speaks to the developer's serious intentions. As the platform develops, more and more people will learn about the token, and as the popularity grows, the value of the token will also grow.
🔺 Listing on exchange platforms. After listing on DeFi exchanges, tokens show rapid growth. However, it is most profitable to buy tokens on small trading floors. As a rule, access to exchanges such as Coinbase, Binance, etc. coincides with the peak value of the token.
❗️❗️❗️
Dear users!
Hello everyone! Due to the rush of demand, the limits of tokens allocated for the current airdrop have been exhausted. At the moment, the BaksDAO team is working to increase the limit of the current airdrop or organize a new one about which we will inform you in the near future. Thank you for your interest in the project🤗
Dear users!
Hello everyone! Due to the rush of demand, the limits of tokens allocated for the current airdrop have been exhausted. At the moment, the BaksDAO team is working to increase the limit of the current airdrop or organize a new one about which we will inform you in the near future. Thank you for your interest in the project🤗
🚨AIRDROP IS OVER🚨
Dear friends, the second BaksDAO airdrop is over. We started selecting the first winners and sending the prizes 🎁
Today's prizes, that will be sent:
✍️ The top 50 referrers will share 20,000 BDV as follows:
🥇1st place : 1,500 BDV
🥈 2nd place : 1,200 BDV
🥉 3rd place : 1,000 BDV
🔹 4th place : 700 BDV
🔹 5th place : 600 BDV
🔹 6th to 10th place : 500 BDV each
🔹 11th to 20th place : 350 BDV each
🔹 21st to 50th place : 300 BDV each
We are continuing to summarize the results.
❗️Important. All prize tokens will be sent to all 2000 winners by the end of January❗️We do our best, please, be patient 😊
The prizes will be sent to the wallet, which address you entered in the airdrop bot. Your wallet should work with BEP-20 Binance Smart Chain.
NAME BDV
SYMBOL BDV
ADDRESS 0x3A0c66Ff229B4fF924cBA7bFB32Ec860c0F999c5
NAME BAKS
SYMBOL BAKS
ADDRESS 0x8BD22C61b409587D24d87fb56e88bd84e5D91596
All questions about the contest can be asked in our community.
BaksDAO team would like to thank you for participating in our airdrop. We will announce new contests very soon. Stay tuned. 😇
Dear friends, the second BaksDAO airdrop is over. We started selecting the first winners and sending the prizes 🎁
Today's prizes, that will be sent:
✍️ The top 50 referrers will share 20,000 BDV as follows:
🥇1st place : 1,500 BDV
🥈 2nd place : 1,200 BDV
🥉 3rd place : 1,000 BDV
🔹 4th place : 700 BDV
🔹 5th place : 600 BDV
🔹 6th to 10th place : 500 BDV each
🔹 11th to 20th place : 350 BDV each
🔹 21st to 50th place : 300 BDV each
We are continuing to summarize the results.
❗️Important. All prize tokens will be sent to all 2000 winners by the end of January❗️We do our best, please, be patient 😊
The prizes will be sent to the wallet, which address you entered in the airdrop bot. Your wallet should work with BEP-20 Binance Smart Chain.
NAME BDV
SYMBOL BDV
ADDRESS 0x3A0c66Ff229B4fF924cBA7bFB32Ec860c0F999c5
NAME BAKS
SYMBOL BAKS
ADDRESS 0x8BD22C61b409587D24d87fb56e88bd84e5D91596
All questions about the contest can be asked in our community.
BaksDAO team would like to thank you for participating in our airdrop. We will announce new contests very soon. Stay tuned. 😇
👍1
Dear airdrop participants!
In honor of the upcoming platform release, we decided that all participants will receive BDV tokens. During the airdrop, we gave away more than a million BDV tokens 🎉
Congratulations to all participants and winners of our bounty program.
✍️ The top 50 participants received:
🥇1st place : 1,500 BDV
🥈 2nd place : 1,200 BDV
🥉 3rd place : 1,000 BDV
🔹 4th place : 700 BDV
🔹 5th place : 600 BDV
🔹 6th to 10th place : 500 BDV each
🔹 11th to 20th place : 350 BDV each
🔹 21st to 50th place : 300 BDV each
Participants who are among the first 2000 followers will receive 0.5 BAKS and 50 BDV.
All other participants will get 50 BDV 🎁
Important. BDV will be sent by the end of next week. BAKS will be sent by the end of January.
Tokens will be sent to the wallet, which address you entered in the airdrop bot. Your wallet should work with BEP-20 Binance Smart Chain.
NAME BDV
SYMBOL BDV
ADDRESS 0x3A0c66Ff229B4fF924cBA7bFB32Ec860c0F999c5
NAME BAKS
SYMBOL BAKS
ADDRESS 0x8BD22C61b409587D24d87fb56e88bd84e5D91596
Thank you for your participation in our contest. We hope that you will continue to actively participate in the development of the BaksDAO platform.
The release of BaksDAO platform is coming soon. After the release, we will announce more competitions and airdrops. Stay tuned 👀
All questions about the airdrop can be asked in our community.
In honor of the upcoming platform release, we decided that all participants will receive BDV tokens. During the airdrop, we gave away more than a million BDV tokens 🎉
Congratulations to all participants and winners of our bounty program.
✍️ The top 50 participants received:
🥇1st place : 1,500 BDV
🥈 2nd place : 1,200 BDV
🥉 3rd place : 1,000 BDV
🔹 4th place : 700 BDV
🔹 5th place : 600 BDV
🔹 6th to 10th place : 500 BDV each
🔹 11th to 20th place : 350 BDV each
🔹 21st to 50th place : 300 BDV each
Participants who are among the first 2000 followers will receive 0.5 BAKS and 50 BDV.
All other participants will get 50 BDV 🎁
Important. BDV will be sent by the end of next week. BAKS will be sent by the end of January.
Tokens will be sent to the wallet, which address you entered in the airdrop bot. Your wallet should work with BEP-20 Binance Smart Chain.
NAME BDV
SYMBOL BDV
ADDRESS 0x3A0c66Ff229B4fF924cBA7bFB32Ec860c0F999c5
NAME BAKS
SYMBOL BAKS
ADDRESS 0x8BD22C61b409587D24d87fb56e88bd84e5D91596
Thank you for your participation in our contest. We hope that you will continue to actively participate in the development of the BaksDAO platform.
The release of BaksDAO platform is coming soon. After the release, we will announce more competitions and airdrops. Stay tuned 👀
All questions about the airdrop can be asked in our community.
🚨Attention to all BDV holders 🚨
Today will be the first voting on the development of the BaksDAO platform.
❗️Voting is taking place on the BSC (Binance Smart Chain) network.
Voting is considered:
📍The five fundamental principles of BaksDAO;
📍The accepting of deposit interest rates and loan terms;
📍The acceptance of BAKS Stablecoin;
📍Making changes to the voting procedure.
In order to vote for the changes you need to:
➡️ Go to the voting page;
➡️ Connect your wallet;
➡️ Join the group;
➡️ Learn the proposals on the ballot;
➡️ Vote.
The BaksDAO platform follows the principle of collective governance. Therefore, every vote is important for the future development of the service.
⏰ Voting will be held for 72 hours.
You will be able to vote for or against all proposals at one time.
To celebrate the first voting, we have prepared gifts. Everyone who voted will receive 500 BDV 🎁
Join the voting 🗳
Today will be the first voting on the development of the BaksDAO platform.
❗️Voting is taking place on the BSC (Binance Smart Chain) network.
Voting is considered:
📍The five fundamental principles of BaksDAO;
📍The accepting of deposit interest rates and loan terms;
📍The acceptance of BAKS Stablecoin;
📍Making changes to the voting procedure.
In order to vote for the changes you need to:
➡️ Go to the voting page;
➡️ Connect your wallet;
➡️ Join the group;
➡️ Learn the proposals on the ballot;
➡️ Vote.
The BaksDAO platform follows the principle of collective governance. Therefore, every vote is important for the future development of the service.
⏰ Voting will be held for 72 hours.
You will be able to vote for or against all proposals at one time.
To celebrate the first voting, we have prepared gifts. Everyone who voted will receive 500 BDV 🎁
Join the voting 🗳
❗️Dear users!
We've published airdrop winners list and awards🤗
✅You can find it here https://baksdao.com/baksdao-blog/airdrop-results/
We've published airdrop winners list and awards🤗
✅You can find it here https://baksdao.com/baksdao-blog/airdrop-results/
baksdao.com
Airdrop results
Cryptocurrency projects include various functional tokens, and some include a so-called governance token.
Dear friends, our admins will come back tomorrow at 11:00 a.m. GMT+3 and be glad to answer your questions 🤗
If you have any questions about Airdrop, just find the info here
If you want to know about our tokens, go here
If you wish to vote on the developing of the BaksDAO, check info here
If you have a proposal or comments, just write to @baksdao_qa
If you have any questions about Airdrop, just find the info here
If you want to know about our tokens, go here
If you wish to vote on the developing of the BaksDAO, check info here
If you have a proposal or comments, just write to @baksdao_qa
❗️Dear users!❗️
The BaksDAO team thanks all the users who voted!🤗
We are glad to inform you that following the results of the voting (out of 329 votes - 325 "for" and 4 - "against"), the following was adopted:
✅Five fundamental principles of the BaksDAO platform:
1. Economic feasibility - the implementation of the BaksDAO mission depends entirely on the economic condition of the platform. The activity of BaksDAO should be directed to maximize profits only by legal and ethical methods.
2. Sustainability - deposits, collateral, as well as other financial instruments affect the sustainable and long-term development of the platform. It is extremely important for us that the company's profit management takes into account the development of society and the preservation of the environment.
3. Availability of finance - the opportunities provided by the platform and its tools should be available to as many people as possible, and its activities should be aimed at expanding the geography of its presence and accessibility through education, popularization and guarantee of effectiveness.
4. Decentralization is the goal of the BaksDAO platform to achieve complete decentralization. In achieving this goal, it is necessary to provide equal access and rights to all holders of BDV voting tokens (BDV), in order to guarantee the long-term success of the Platform.
5. Security and assurance - all user funds placed on the platform must be protected from external and internal influences and manipulations. This is achieved by the immutability of the conditions of smart contracts and the openness of blockchain networks, as well as audits of smart contracts and IT infrastructure for the absence of vulnerabilities and constant IT security throughout the life cycle of the platform. All funds issued by the platform must be backed by crypto assets at any given time.
📊Acceptance of % rates on loans and deposits:
Deposit rates:
BTC - 0.7%btc
ETH - 0.45%eth
BNB - 5.37%bnb
USDT -10%usdt
BAKS - 15% bucks
Loan conditions:
1.5% - Stability fee
11% APY - Annual % rate on the loan
Loan term - Indefinitely
The BAKS stablecoin is calculated according to a unique algorithm, thanks to which the liquidity of the coin is fully provided by the market value of collateral and deposits on smart contracts of the BaksDAO system. 1 BAKS coin is always equal to $1.
🎁Thank you all for participating! The adopted decisions will be implemented in the near future before the launch of the Platform.
💸All users who participated will receive 500 BDV to your wallets.
There is no need to send them additionally - all the information is in the smart contract.
📃We will publish the list of voters no later than January 21, 2022.
BDV tokens will be sent before the end of January.
The BaksDAO team thanks all the users who voted!🤗
We are glad to inform you that following the results of the voting (out of 329 votes - 325 "for" and 4 - "against"), the following was adopted:
✅Five fundamental principles of the BaksDAO platform:
1. Economic feasibility - the implementation of the BaksDAO mission depends entirely on the economic condition of the platform. The activity of BaksDAO should be directed to maximize profits only by legal and ethical methods.
2. Sustainability - deposits, collateral, as well as other financial instruments affect the sustainable and long-term development of the platform. It is extremely important for us that the company's profit management takes into account the development of society and the preservation of the environment.
3. Availability of finance - the opportunities provided by the platform and its tools should be available to as many people as possible, and its activities should be aimed at expanding the geography of its presence and accessibility through education, popularization and guarantee of effectiveness.
4. Decentralization is the goal of the BaksDAO platform to achieve complete decentralization. In achieving this goal, it is necessary to provide equal access and rights to all holders of BDV voting tokens (BDV), in order to guarantee the long-term success of the Platform.
5. Security and assurance - all user funds placed on the platform must be protected from external and internal influences and manipulations. This is achieved by the immutability of the conditions of smart contracts and the openness of blockchain networks, as well as audits of smart contracts and IT infrastructure for the absence of vulnerabilities and constant IT security throughout the life cycle of the platform. All funds issued by the platform must be backed by crypto assets at any given time.
📊Acceptance of % rates on loans and deposits:
Deposit rates:
BTC - 0.7%btc
ETH - 0.45%eth
BNB - 5.37%bnb
USDT -10%usdt
BAKS - 15% bucks
Loan conditions:
1.5% - Stability fee
11% APY - Annual % rate on the loan
Loan term - Indefinitely
The BAKS stablecoin is calculated according to a unique algorithm, thanks to which the liquidity of the coin is fully provided by the market value of collateral and deposits on smart contracts of the BaksDAO system. 1 BAKS coin is always equal to $1.
🎁Thank you all for participating! The adopted decisions will be implemented in the near future before the launch of the Platform.
💸All users who participated will receive 500 BDV to your wallets.
There is no need to send them additionally - all the information is in the smart contract.
📃We will publish the list of voters no later than January 21, 2022.
BDV tokens will be sent before the end of January.
❗️Dear users!❗️
We’re pleased to announce that we have summed up the voting results and that all users who took part in the voting received 500 prize BDV!🎁
The list of wallets is available at the link 🤗
https://baksdao.com/wp-content/uploads/2022/01/1st-vote-participants.pdf
We’re pleased to announce that we have summed up the voting results and that all users who took part in the voting received 500 prize BDV!🎁
The list of wallets is available at the link 🤗
https://baksdao.com/wp-content/uploads/2022/01/1st-vote-participants.pdf
🚨Attention to all BDV token holders 🚨
According to the general requests, today a vote on the value of the BDV governance token has finally been initiated by the user.
❗️Voting takes place on the BSC (Binance Smart Chain) network.
The voting is on:
📍The cost of the BDV control token
📍Loaning fees reduced when using BDV tokens in settlements
📍Listing on DEX and CEX exchanges. Creation of liquidity pools.
BDV are BEP-20 tokens built into the BaksDAO protocol. The token is a platform co-management tool.
The issue of the token is tied to the growth of the TVL (Total Value Locked) funds of the platform.
The emission of BDV during the launch of the project will be 50 million tokens. The launch of the project is scheduled for January 2022. In total, 2 billion tokens will be issued, 1 billion tokens will be burned during the operation of the platform.
At the moment, you can get a BDV token by participating in BaksDAO contests. Follow the announcements in our community.
The main value of the token is the ability to manage the platform. Each owner of the token has the right to vote on the development of the BaksDAO, as well as to make their own proposals.
✅ In order to vote for changes you need:
➡️ Go to the voting page;
➡️ Connect wallet;
➡️ Join a group;
➡️ Examine the proposals put to the vote;
➡️ Vote.
The BaksDAO platform adheres to the principle of collective management. Therefore, every vote is important for the future development of the service.
⏰ Voting will be held within 72 hours.
Voting is carried out in batches, that is, you can vote for or against all proposals once.
Join voting 🗳 https://snapshot.org/#/baksdao.eth
According to the general requests, today a vote on the value of the BDV governance token has finally been initiated by the user.
❗️Voting takes place on the BSC (Binance Smart Chain) network.
The voting is on:
📍The cost of the BDV control token
📍Loaning fees reduced when using BDV tokens in settlements
📍Listing on DEX and CEX exchanges. Creation of liquidity pools.
BDV are BEP-20 tokens built into the BaksDAO protocol. The token is a platform co-management tool.
The issue of the token is tied to the growth of the TVL (Total Value Locked) funds of the platform.
The emission of BDV during the launch of the project will be 50 million tokens. The launch of the project is scheduled for January 2022. In total, 2 billion tokens will be issued, 1 billion tokens will be burned during the operation of the platform.
At the moment, you can get a BDV token by participating in BaksDAO contests. Follow the announcements in our community.
The main value of the token is the ability to manage the platform. Each owner of the token has the right to vote on the development of the BaksDAO, as well as to make their own proposals.
✅ In order to vote for changes you need:
➡️ Go to the voting page;
➡️ Connect wallet;
➡️ Join a group;
➡️ Examine the proposals put to the vote;
➡️ Vote.
The BaksDAO platform adheres to the principle of collective management. Therefore, every vote is important for the future development of the service.
⏰ Voting will be held within 72 hours.
Voting is carried out in batches, that is, you can vote for or against all proposals once.
Join voting 🗳 https://snapshot.org/#/baksdao.eth
❗️Dear BaksDAO community members!❗️
The BaksDAO team values its community and would like to know and communicate with its users closer, so we are opening the reception of questions for an AMA session with founders, which will take place in nearest future ✅
You can also prepare any questions and send them in PM to @baksdao_qa 🤗
❗️More over, you have a chance to receive BDV tokens for the best question!💎
🕹The rules are:
1. Write in PM to @baksdao_qa your question and send the number of wallet with it
2. This Friday on 28th of January BaksDAO
🔮Team will choose the TOP-3 most interesting questions and the winners will get:
🥇1st place 500 BDV
🥈2nd place 350 BDV
🥉3rd place 200 BDV
All the questions must be in English 😊🇦🇺
The BaksDAO team values its community and would like to know and communicate with its users closer, so we are opening the reception of questions for an AMA session with founders, which will take place in nearest future ✅
You can also prepare any questions and send them in PM to @baksdao_qa 🤗
❗️More over, you have a chance to receive BDV tokens for the best question!💎
🕹The rules are:
1. Write in PM to @baksdao_qa your question and send the number of wallet with it
2. This Friday on 28th of January BaksDAO
🔮Team will choose the TOP-3 most interesting questions and the winners will get:
🥇1st place 500 BDV
🥈2nd place 350 BDV
🥉3rd place 200 BDV
All the questions must be in English 😊🇦🇺
❗️Dear Friends!❗️
The BaksDAO team thanks all the users who voted!🤗
We are glad to inform you that according to the results of the voting (out of 146 votes -139 in favor and 7 against), the following was adopted:
📍The initial cost of the BDV control token.
📍Reducing the loan fee when using BDV tokens in calculations.
📍Listing on DEX and CEX exchanges. Creation of liquidity pools.
BDV are BEP-20 tokens built into the BaksDAO protocol. The token is a platform co-management tool.
The issue of the token is tied to the growth of the TVL (Total Value Locked) funds of the platform.
The emission of BDV during the launch of the project will be 50 million tokens. The launch of the project is scheduled for January 2022. In total, 2 billion tokens will be issued, 1 billion tokens will be burned during the operation of the platform.
At the moment, you can get a BDV token by participating in BaksDAO contests. Follow the announcements in our community.
The main value of the token is the ability to manage the platform. Each owner of the token has the right to vote on the development of the BaksDAO, as well as to make their own proposals.
🎁Thank you all for participating! The decisions made will be implemented by the end of the 2nd quarter of 2022!
The BaksDAO team thanks all the users who voted!🤗
We are glad to inform you that according to the results of the voting (out of 146 votes -139 in favor and 7 against), the following was adopted:
📍The initial cost of the BDV control token.
📍Reducing the loan fee when using BDV tokens in calculations.
📍Listing on DEX and CEX exchanges. Creation of liquidity pools.
BDV are BEP-20 tokens built into the BaksDAO protocol. The token is a platform co-management tool.
The issue of the token is tied to the growth of the TVL (Total Value Locked) funds of the platform.
The emission of BDV during the launch of the project will be 50 million tokens. The launch of the project is scheduled for January 2022. In total, 2 billion tokens will be issued, 1 billion tokens will be burned during the operation of the platform.
At the moment, you can get a BDV token by participating in BaksDAO contests. Follow the announcements in our community.
The main value of the token is the ability to manage the platform. Each owner of the token has the right to vote on the development of the BaksDAO, as well as to make their own proposals.
🎁Thank you all for participating! The decisions made will be implemented by the end of the 2nd quarter of 2022!
🎉 BAKSDAO PLATFORM IS READY TO RELEASE 🎉
Dear Friends, we have all been waiting for this day and now it has come. Today we are launching a working version of the BaksDAO DeFi platform 🎊
With BaksDAO you can:
+ Take a perpetual loan
+ Earn on deposits up to 15% annualy
+ Exchange currency directly on the platform
+ Become a member of a decentralized community and impact the future of the project
+ Get profit from the growth of the token
+ Improve knowledge in the crypto industry
➡️ Launch App
The BaksDAO platform and all smart contracts have been twice audited for cybersecurity and performance by the Solid Proof auditor. During the check there were no critical errors found. All important comments were fixed before the release 🎉
We remind you that the BaksDAO platform has two tokens - the BAKS stablecoin and the government token BDV.
➡️ Learn more about tokens here
Especially for you, we have developed instructions and tips that will help you to use the service for the first time.
We keep the ability to test BaksDAO platform for all users at baksdao.tech so that you can test your strategies on the testnet.
You can send any comments during testing directly to the test chat
In the chat you will find detailed instructions for the test.
We thank everyone who supports the project and waited for the release with us!
The BaksDAO platform is constantly evolving - stay with us, work with industry trends and get the most!
Let's open the veil of secrecy: in the near future we will delight you with the most interesting integrations with the Metaverses, the leaders of the gaming industry, NFT and other representatives of the crypto industry!
Join the BaksDAO platform.
You can leave your feedback, impressions and questions about the product in our community
Welcome to BaksDAO! Increase by saving. Get the most out of your assets!
Dear Friends, we have all been waiting for this day and now it has come. Today we are launching a working version of the BaksDAO DeFi platform 🎊
With BaksDAO you can:
+ Take a perpetual loan
+ Earn on deposits up to 15% annualy
+ Exchange currency directly on the platform
+ Become a member of a decentralized community and impact the future of the project
+ Get profit from the growth of the token
+ Improve knowledge in the crypto industry
➡️ Launch App
The BaksDAO platform and all smart contracts have been twice audited for cybersecurity and performance by the Solid Proof auditor. During the check there were no critical errors found. All important comments were fixed before the release 🎉
We remind you that the BaksDAO platform has two tokens - the BAKS stablecoin and the government token BDV.
➡️ Learn more about tokens here
Especially for you, we have developed instructions and tips that will help you to use the service for the first time.
We keep the ability to test BaksDAO platform for all users at baksdao.tech so that you can test your strategies on the testnet.
You can send any comments during testing directly to the test chat
In the chat you will find detailed instructions for the test.
We thank everyone who supports the project and waited for the release with us!
The BaksDAO platform is constantly evolving - stay with us, work with industry trends and get the most!
Let's open the veil of secrecy: in the near future we will delight you with the most interesting integrations with the Metaverses, the leaders of the gaming industry, NFT and other representatives of the crypto industry!
Join the BaksDAO platform.
You can leave your feedback, impressions and questions about the product in our community
Welcome to BaksDAO! Increase by saving. Get the most out of your assets!
📢 Dear community members, we're announcing a competition for the best project review! 📢
Are you creative, can write interestingly or tell you about something? Then this news is for you!
⚠️Conditions:
- Research the requirements.
- Create and post a review of the project and platform on any of the social networks: Medium, YouTube, Twitter, Facebook, Instagram, Telegram, Reddit, BitcoinTalk or another site (your blog, review site, etc.).
- Fill out the form.
-Look for yourself in the list of winners at the end of the month.
💰 Prizes:
Total prize pool of 86,400 BDV. At the end of each month, the BaksDAO team will determine the top 10 reviews.
The winners will receive prizes:
🥇 1st place -1500 BDV (video review only);
🥈 2nd place -1200 BDV (video review only);
🥉 3 place -1000 BDV (video review only);
🏆 4th-7th place - 500 BDV (text review).
❗️Notes: if a contestant does not fill out a Google form, they are considered out of the contest.
Are you creative, can write interestingly or tell you about something? Then this news is for you!
⚠️Conditions:
- Research the requirements.
- Create and post a review of the project and platform on any of the social networks: Medium, YouTube, Twitter, Facebook, Instagram, Telegram, Reddit, BitcoinTalk or another site (your blog, review site, etc.).
- Fill out the form.
-Look for yourself in the list of winners at the end of the month.
💰 Prizes:
Total prize pool of 86,400 BDV. At the end of each month, the BaksDAO team will determine the top 10 reviews.
The winners will receive prizes:
🥇 1st place -
🥈 2nd place -
🥉 3 place -
🏆 4th-7th place - 500 BDV (text review).
❗️Notes: if a contestant does not fill out a Google form, they are considered out of the contest.