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.
🚨 WARNING 🚨
Dear users, the cases of fraud and appearance of fake pages became more frequent.
BaksDAO project and team members NEVER ask to transfer funds, follow suspicious links, do not write personal messages, do not ask for passwords and wallet keys.❌
☠️Signs of scammers:
- They write in personal messages on behalf of a team or project.
- They create copies of channels, pages, and write in the comments of the official community.
- They ask to transfer money to a purse.
- Send unknown links.
- Request personal information.
Our official social networks:
Telegram Blog (ru)
Telegram Chat (ru)
Telegram Blog (eng)
Telegram Chat (eng)
Twitter
Facebook
Reddit
Instagram
Linkedin
Dear users, the cases of fraud and appearance of fake pages became more frequent.
BaksDAO project and team members NEVER ask to transfer funds, follow suspicious links, do not write personal messages, do not ask for passwords and wallet keys.❌
☠️Signs of scammers:
- They write in personal messages on behalf of a team or project.
- They create copies of channels, pages, and write in the comments of the official community.
- They ask to transfer money to a purse.
- Send unknown links.
- Request personal information.
Our official social networks:
Telegram Blog (ru)
Telegram Chat (ru)
Telegram Blog (eng)
Telegram Chat (eng)
Telegram
BaksDAO Blog
DeFi-платформа: депозит, займы и обмен криптовалюты.
Это официальное комьюнити BaksDAO.
Telegram Чат: https://news.1rj.ru/str/BaksDAO_COMMUNITY
Официальный сайт: baksdao.com
Для коммерческих предложений: @baksdao_qa
Это официальное комьюнити BaksDAO.
Telegram Чат: https://news.1rj.ru/str/BaksDAO_COMMUNITY
Официальный сайт: baksdao.com
Для коммерческих предложений: @baksdao_qa
Why is DeFi rapidly gaining momentum, and why are large funds pouring their money into projects❓
Many people ask this question, but don't find the answer.
It's elementary, Watson!☝️ It's enough to remember the hellish bureaucracy in any financial operations:
- crediting;
- trading in stock exchanges;
- making a deposit in a bank;
- insurance.
First they will ask for your passport, personal information of your wife, grandparents, how often you go to visit, then they will ask for your dog's full birth certificate and only after that they will probably approve your application.
Are you crying already? 🥲
DeFi is a simple, convenient financial system that preserves your right to privacy.
Read more about how DeFi is changing our financial reality in 👉 A NEW ARTICLE
Many people ask this question, but don't find the answer.
It's elementary, Watson!☝️ It's enough to remember the hellish bureaucracy in any financial operations:
- crediting;
- trading in stock exchanges;
- making a deposit in a bank;
- insurance.
First they will ask for your passport, personal information of your wife, grandparents, how often you go to visit, then they will ask for your dog's full birth certificate and only after that they will probably approve your application.
Read more about how DeFi is changing our financial reality in 👉 A NEW ARTICLE
Medium
DeFi as the new reality of the financial world
We suggest that we take our eyes off the exact numbers and calculations. Think about the role of DeFi in the economy and the global…
💰What are the ways to invest in cryptocurrency?
The most popular mechanisms for investing in cryptocurrencies:
1. Buying cryptocurrencies directly. The most popular option to buy cryptocurrencies directly is through a specialized cryptocurrency exchange.
2. P2P buying. The point is that you exchange your currency with another person, not a company (as in the case of a cryptocurrency exchange). You can make a P2P purchase of crypto on BaksDAO.
3. Hedge funds. These are large investment organizations that pool capital for active trading in order to profit from market movements. The only problem with this method of investing is that it requires quite a lot of capital from the individual.
4. Cryptocurrency mining. In this process, new transactions are verified and added to the blockchain by specialized computers. The miner who solves the algorithm and adds a new block of transactions is rewarded in the form of mined cryptocurrency.
5. Stacking. This is the process by which users stack their tokens in order to get additional tokens as income. Validator nodes verify transactions and are rewarded for this in the form of cryptocurrencies.
6. Airdrop. This is a time-limited event that is created by a cryptocurrency project to promote its digital asset. With Airdrop, the project distributes its cryptocurrencies for free to those people who fulfill special conditions.
7. ICO, IDO, IEO. When a project is just launched, it needs to attract investments.Investors get crypto assets at the lowest prices, and when the project is launched, its price usually grows by at least 2 times.
8. Cryptocurrency companies stocks. There are cryptocurrency companies whose shares are traded on the stock market. And the price of these shares depends on the growth of the cryptocurrency market.
BaksDAO offers you several ways to invest in digital currencies.
💰Earn:
- Make a deposit at BaksDAO.
- Get passive interest income.
🔄Exchange:
- Connect a wallet on BaksDAO.
- Exchange your currency for any available token.
💸Borrow:
Don't forget about the loan option on BaksDAO. You can use the funds you receive to your advantage, e.g. to develop your business.
❤️ With BaksDAO, you can use your funds for maximum profit, preserving your assets! ❤️
The most popular mechanisms for investing in cryptocurrencies:
1. Buying cryptocurrencies directly. The most popular option to buy cryptocurrencies directly is through a specialized cryptocurrency exchange.
2. P2P buying. The point is that you exchange your currency with another person, not a company (as in the case of a cryptocurrency exchange). You can make a P2P purchase of crypto on BaksDAO.
3. Hedge funds. These are large investment organizations that pool capital for active trading in order to profit from market movements. The only problem with this method of investing is that it requires quite a lot of capital from the individual.
4. Cryptocurrency mining. In this process, new transactions are verified and added to the blockchain by specialized computers. The miner who solves the algorithm and adds a new block of transactions is rewarded in the form of mined cryptocurrency.
5. Stacking. This is the process by which users stack their tokens in order to get additional tokens as income. Validator nodes verify transactions and are rewarded for this in the form of cryptocurrencies.
6. Airdrop. This is a time-limited event that is created by a cryptocurrency project to promote its digital asset. With Airdrop, the project distributes its cryptocurrencies for free to those people who fulfill special conditions.
7. ICO, IDO, IEO. When a project is just launched, it needs to attract investments.Investors get crypto assets at the lowest prices, and when the project is launched, its price usually grows by at least 2 times.
8. Cryptocurrency companies stocks. There are cryptocurrency companies whose shares are traded on the stock market. And the price of these shares depends on the growth of the cryptocurrency market.
BaksDAO offers you several ways to invest in digital currencies.
💰Earn:
- Make a deposit at BaksDAO.
- Get passive interest income.
🔄Exchange:
- Connect a wallet on BaksDAO.
- Exchange your currency for any available token.
💸Borrow:
Don't forget about the loan option on BaksDAO. You can use the funds you receive to your advantage, e.g. to develop your business.
❤️ With BaksDAO, you can use your funds for maximum profit, preserving your assets! ❤️
💰The U.S. Figure Skating Association (US Figure Skating) has started accepting donations in cryptocurrencies.
This is stated in a press release. Now anyone can send donations in bitcoin, Ethereum, Dogecoin, Stablecoin and other assets on the association's website.
✅On the face of it, this appears to be ordinary news, but if you think about it, it speaks volumes:
- A worldwide trend of acceptance of digital finance.
- The rejection of the stereotype of "high-risk" instruments.
- popularization and adoption of decentralized technologies in ordinary life.
- The demand for cryptocurrencies.
🔥This domestic use of cryptocurrencies is no longer uncommon these days. This means that cryptocurrencies is gradually penetrating into everyday financial life. And this is a great success for us, because we are all making efforts to make financial matters easier and more accessible.
When do you think decentralized finance will completely replace the fiat money system? Write in the comments below the post. 👇👇👇
This is stated in a press release. Now anyone can send donations in bitcoin, Ethereum, Dogecoin, Stablecoin and other assets on the association's website.
✅On the face of it, this appears to be ordinary news, but if you think about it, it speaks volumes:
- A worldwide trend of acceptance of digital finance.
- The rejection of the stereotype of "high-risk" instruments.
- popularization and adoption of decentralized technologies in ordinary life.
- The demand for cryptocurrencies.
🔥This domestic use of cryptocurrencies is no longer uncommon these days. This means that cryptocurrencies is gradually penetrating into everyday financial life. And this is a great success for us, because we are all making efforts to make financial matters easier and more accessible.
When do you think decentralized finance will completely replace the fiat money system? Write in the comments below the post. 👇👇👇
📢 A new addition to the project review competition!
We've added extra rewards for reposts so that everyone has a chance to win!
⚠️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 + additional prizes. 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).
🏆 BDV extra prizes for reposts.
❗️Notes: if a contestant does not fill out a Google form, they are considered out of the considered out of the contest.
We've added extra rewards for reposts so that everyone has a chance to win!
⚠️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 + additional prizes. 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).
🏆 BDV extra prizes for reposts.
❗️Notes: if a contestant does not fill out a Google form, they are considered out of the considered out of the contest.
🔥A road map for the near future.
It's going to be fascinating!
1️⃣Step 1. Listing BAKS.
Baks listing on the centralized exchange. This is our big step!
2️⃣Step 2. Preparing for the IDO BDV.
We have prepared several big competitions for you with a total pool of prizes of $10,000, an ambassador program with prizes. And most importantly, the opportunity to get on the IDO waitlist! To get on the waitlist, take part in all the competition and the ambassador program now.
3️⃣Step 3. IDO BDV.
This is a very exciting and important moment for BaksDAO in which you can take part.
⚠️Details about the ambassador program, competition, and IDO BDV will be announced.
✅Current competition: https://news.1rj.ru/str/BaksDAO_IntBlog/80
It's going to be fascinating!
1️⃣Step 1. Listing BAKS.
Baks listing on the centralized exchange. This is our big step!
2️⃣Step 2. Preparing for the IDO BDV.
We have prepared several big competitions for you with a total pool of prizes of $10,000, an ambassador program with prizes. And most importantly, the opportunity to get on the IDO waitlist! To get on the waitlist, take part in all the competition and the ambassador program now.
3️⃣Step 3. IDO BDV.
This is a very exciting and important moment for BaksDAO in which you can take part.
⚠️Details about the ambassador program, competition, and IDO BDV will be announced.
✅Current competition: https://news.1rj.ru/str/BaksDAO_IntBlog/80