🚨 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
💥BAKS LISTING ON FEBRUARY 14!💥
Hooray! On February 14, BAKS will be listed on the centralized exchange in the following pairs: BAKS/USDT, BAKS/BTC, BAKS/ETH.
🤑About the BAKS token:
— It is an algorithmic Stablecoin.
— The coin's liquidity is fully secured by the BaksDAO system's smart contracts.
— 1 BAKS is always equal to $1.
💪 BAKS is the main currency of the platform and is used for all major transactions in BaksDAO.
The coin is deposited as collateral when applying for a loan. The token can be deposited or exchanged for other popular cryptocurrencies — BTC/BNB/ETH/USDT. The list of available currencies for exchange will be expanded in the future.
🔥Guess the first exchange to list BAKS and get 100 BDV.🔥
Write your ONE option and BSC network wallet number (BEP-20) in the comments. (Just the noscript, no links)👇👇👇
Hooray! On February 14, BAKS will be listed on the centralized exchange in the following pairs: BAKS/USDT, BAKS/BTC, BAKS/ETH.
🤑About the BAKS token:
— It is an algorithmic Stablecoin.
— The coin's liquidity is fully secured by the BaksDAO system's smart contracts.
— 1 BAKS is always equal to $1.
💪 BAKS is the main currency of the platform and is used for all major transactions in BaksDAO.
The coin is deposited as collateral when applying for a loan. The token can be deposited or exchanged for other popular cryptocurrencies — BTC/BNB/ETH/USDT. The list of available currencies for exchange will be expanded in the future.
🔥Guess the first exchange to list BAKS and get 100 BDV.🔥
Write your ONE option and BSC network wallet number (BEP-20) in the comments. (Just the noscript, no links)👇👇👇
🤔 What types of stablecoins are there?
Every cryptocurrency trader or investor has used stablecoins at least once. But very few are aware of the differences between these tokens. Let's get to the bottom of it.
❓ Stablecoin definition.
Stablecoin is a crypto-asset whose price is secured by classical assets, cryptocurrencies or a physical product and remains unchanged. It can be fiat currency, bitcoin, gold, securities, or another commodity that has value on the market and is recognized as legal tender.
📌 Types of Stablecoins:
1️⃣ Fiat-backed. They are pegged to fiat currencies 1:1. The issuer holds a certain amount in the reserve currency and issues a number of tokens in proportion to it. At the same time, the counterparty may not know whether the issuer has reserve funds.
2️⃣ Cryptocurrencies. These are backed by cryptocurrencies. To obtain these tokens, users lock the necessary cryptocurrency into a contract, which then issues a certain number of requested coins. Users then send stablecoins to the same contract to exchange the currency back for collateral.
3️⃣ Resource-backed. A type of stable currency whose price is tied to a valuable resource or commodity: gold, silver, or oil.
4️⃣ Algorithmic Stablecoins. They are not directly tied to fiat currencies or cryptocurrencies. Binding is provided by a smart contract, an algorithm that issues the token. If the value of the token falls below the fiat price, the algorithm system reduces the supply of the token. If the price of the token exceeds the price of fiat, new coins are issued that will lower the price of the stablecoin. An example of an algorithmic stablecoin is the BAKS stablecoin.
Every cryptocurrency trader or investor has used stablecoins at least once. But very few are aware of the differences between these tokens. Let's get to the bottom of it.
❓ Stablecoin definition.
Stablecoin is a crypto-asset whose price is secured by classical assets, cryptocurrencies or a physical product and remains unchanged. It can be fiat currency, bitcoin, gold, securities, or another commodity that has value on the market and is recognized as legal tender.
📌 Types of Stablecoins:
1️⃣ Fiat-backed. They are pegged to fiat currencies 1:1. The issuer holds a certain amount in the reserve currency and issues a number of tokens in proportion to it. At the same time, the counterparty may not know whether the issuer has reserve funds.
2️⃣ Cryptocurrencies. These are backed by cryptocurrencies. To obtain these tokens, users lock the necessary cryptocurrency into a contract, which then issues a certain number of requested coins. Users then send stablecoins to the same contract to exchange the currency back for collateral.
3️⃣ Resource-backed. A type of stable currency whose price is tied to a valuable resource or commodity: gold, silver, or oil.
4️⃣ Algorithmic Stablecoins. They are not directly tied to fiat currencies or cryptocurrencies. Binding is provided by a smart contract, an algorithm that issues the token. If the value of the token falls below the fiat price, the algorithm system reduces the supply of the token. If the price of the token exceeds the price of fiat, new coins are issued that will lower the price of the stablecoin. An example of an algorithmic stablecoin is the BAKS stablecoin.
🥸 What happened this week?
Every day of the BaksDAO project is eventful. Sometimes it's very easy to miss news or an interesting event. Let's recap the week.
🎯 Events:
— Announced listing.
— Introduced an additional award for the review contest.
— Revealed a detailed roadmap.
— Launched a discord server.
— Learned what are the ways to invest in cryptocurrency?
— Discussed the use of cryptocurrencies in everyday life.
— Learned what stablecoin is and its types.
🌏 BaksDAO in the media:
— Live Bitcoin News. Why DeFi is the future of the financial market and how to make money from it.
BaksDAO Int |Website|EN-Channel|EN-Chat|
Every day of the BaksDAO project is eventful. Sometimes it's very easy to miss news or an interesting event. Let's recap the week.
🎯 Events:
— Announced listing.
— Introduced an additional award for the review contest.
— Revealed a detailed roadmap.
— Launched a discord server.
— Learned what are the ways to invest in cryptocurrency?
— Discussed the use of cryptocurrencies in everyday life.
— Learned what stablecoin is and its types.
🌏 BaksDAO in the media:
— Live Bitcoin News. Why DeFi is the future of the financial market and how to make money from it.
BaksDAO Int |Website|EN-Channel|EN-Chat|
🔥BAKS is listed on Coinsbit! 🔥
Dear users, BAKS is now on the centralized Coinsbit exchange.
💵 Pair:
BAKS/USDT
©️ Smart-contract:
0x8BD22C61b409587D24d87fb56e88bd84e5D91596
💰 About the BAKS token:
— It is an algorithmic stablecoin.
— The coin's liquidity is fully secured by the BaksDAO system's smart contracts.
— 1 BAKS is always equal to $1.
🔁 About Coinsbit Exchange:
— Ranked among the top largest exchanges by CoinMarketCap and CoinGecko.
— $409,699,606 average daily trading volume.
— More than 95% of all currency is stored in cold wallets.
You can trade BAKS on the BaksDAO platform and Coinsbit exchange.
BaksDAO |Website|Twitter|Facebook| Discord|Reddit|Instagram|
Dear users, BAKS is now on the centralized Coinsbit exchange.
💵 Pair:
BAKS/USDT
©️ Smart-contract:
0x8BD22C61b409587D24d87fb56e88bd84e5D91596
💰 About the BAKS token:
— It is an algorithmic stablecoin.
— The coin's liquidity is fully secured by the BaksDAO system's smart contracts.
— 1 BAKS is always equal to $1.
🔁 About Coinsbit Exchange:
— Ranked among the top largest exchanges by CoinMarketCap and CoinGecko.
— $409,699,606 average daily trading volume.
— More than 95% of all currency is stored in cold wallets.
You can trade BAKS on the BaksDAO platform and Coinsbit exchange.
BaksDAO |Website|Twitter|Facebook| Discord|Reddit|Instagram|
💻 Netflix has announced a Doc Series about asset theft from Bitfinex bitcoin exchange.
Netflix Orders Doc Series About Alleged Cryptocurrency Laundering Scheme.
💌Story:
On Feb. 8, 2022, the couple, Elijah Lichtenstein, 34, and Heather Morgan, 31, were arrested on charges of laundering 119,754 BTC stolen from Bitfinex in 2016. Authorities said they confiscated $3.6 billion in bitcoins from them. They face up to 25 years in prison.
🚫Lichtenstein and Morgan were not even released on $8 million bail, despite an order from a magistrate judge in the Southern District of New York that gave them that right.
Share in the comments your favorite TV series/movie related to finance?👇👇👇
Netflix Orders Doc Series About Alleged Cryptocurrency Laundering Scheme.
💌Story:
On Feb. 8, 2022, the couple, Elijah Lichtenstein, 34, and Heather Morgan, 31, were arrested on charges of laundering 119,754 BTC stolen from Bitfinex in 2016. Authorities said they confiscated $3.6 billion in bitcoins from them. They face up to 25 years in prison.
🚫Lichtenstein and Morgan were not even released on $8 million bail, despite an order from a magistrate judge in the Southern District of New York that gave them that right.
Share in the comments your favorite TV series/movie related to finance?👇👇👇
👋 Welcome to BaksDAO International
In this post you will find all the relevant information for working with BaksDAO platform.
BaksDAO is a DeFi platform where you can get a perpetual loan against cryptocurrencies or high yield in the currency of the asset by depositing it.
📄 White paper
⚙️ Platform testing
🏆Review competition
📝 If you have any questions write to our community chat, our administrators will be glad to help you.
For commercial proposals: @baksdao_qa
🌏 BaksDAO Int |Website|Platform|Telegram Blog|Telegram Chat|Twitter|Facebook|Reddit|Instagram|Linkedin
In this post you will find all the relevant information for working with BaksDAO platform.
BaksDAO is a DeFi platform where you can get a perpetual loan against cryptocurrencies or high yield in the currency of the asset by depositing it.
📄 White paper
⚙️ Platform testing
🏆Review competition
📝 If you have any questions write to our community chat, our administrators will be glad to help you.
For commercial proposals: @baksdao_qa
🌏 BaksDAO Int |Website|Platform|Telegram Blog|Telegram Chat|Twitter|Facebook|Reddit|Instagram|Linkedin
🔸 BNB Chain: The evolution of the Binance Smart Chain.
As of January 15, Binance Chain and Binance Smart Chain (BSC) became BNB Chain.
▪️The transition underscores BSC's connection to the BNB token and the BNB ecosystem. BNB ("Build and Build") is a blockchain gas token that "fuels" transactions in the BNB Chain.
🔸BNB Chain will span large-scale applications including GameFi, SocialFi and Metaverse. Specifically:
— Scaling from a single chain to multiple chains.
— Increasing the throughput of BSCs.
— Implementing network management mechanisms.
— Improving scalable solutions and expanding the set of BSC validators from 21 to 41.
▪️The BNB network remains a community-driven, open and decentralized ecosystem.
✅ In Q3 2022, BaksDAO also plans to enter the international market, where the project will develop in the following areas: US market (office/partners), Metaverse, NFT, gaming.👇
BaksDAO Global Roadmap
As of January 15, Binance Chain and Binance Smart Chain (BSC) became BNB Chain.
▪️The transition underscores BSC's connection to the BNB token and the BNB ecosystem. BNB ("Build and Build") is a blockchain gas token that "fuels" transactions in the BNB Chain.
🔸BNB Chain will span large-scale applications including GameFi, SocialFi and Metaverse. Specifically:
— Scaling from a single chain to multiple chains.
— Increasing the throughput of BSCs.
— Implementing network management mechanisms.
— Improving scalable solutions and expanding the set of BSC validators from 21 to 41.
▪️The BNB network remains a community-driven, open and decentralized ecosystem.
✅ In Q3 2022, BaksDAO also plans to enter the international market, where the project will develop in the following areas: US market (office/partners), Metaverse, NFT, gaming.👇
BaksDAO Global Roadmap
👊 How do you protect your cryptocurrency?
History tells us that there is no 100% protection from the platforms, so it is important to know how to secure your funds yourself.
☠️ Let's take a look at the top 5 largest cryptocurrency thefts:
1. Africrypt: $3.6 billion 2021, 69,000 VTC stolen.
2. Lazarus Group: $600 million 2018, over $600 million stolen.
3. Mt.Gox: $390 million 2014, 850,000 VTC stolen.
4. Nicehash: $80 million. 2017, 4,700 VTS stolen.
5. Binance: $40 million. 2019, 7,000 VTS stolen.
👉 READ THE NEW ARTICLE:
— Where should I buy cryptocurrency?
— Which wallet to store cryptocurrency in?
— How can attackers steal cryptocurrency?
— Universal rules for saving cryptocurrency.
👏Tap the bottom of the article 50 times to warn other users.
History tells us that there is no 100% protection from the platforms, so it is important to know how to secure your funds yourself.
☠️ Let's take a look at the top 5 largest cryptocurrency thefts:
1. Africrypt: $3.6 billion 2021, 69,000 VTC stolen.
2. Lazarus Group: $600 million 2018, over $600 million stolen.
3. Mt.Gox: $390 million 2014, 850,000 VTC stolen.
4. Nicehash: $80 million. 2017, 4,700 VTS stolen.
5. Binance: $40 million. 2019, 7,000 VTS stolen.
👉 READ THE NEW ARTICLE:
— Where should I buy cryptocurrency?
— Which wallet to store cryptocurrency in?
— How can attackers steal cryptocurrency?
— Universal rules for saving cryptocurrency.
👏Tap the bottom of the article 50 times to warn other users.
👍2
🙌 BAKS and BDV. What's the difference?
BaksDAO has two coins - stablecoin BAKS and control token BDV (BaksDAO Voice).
🟣 Token BAKS:
- Algorithmic Stablecoin.
- The coin's liquidity is fully secured by BaksDAO smart contracts.
- 1 BAKS is always equal to 1 USDT.
BAKS issue:
Unlimited and depends only on deposits and collateral for loans blocked in smart contracts.
BAKS is the main currency of the platform. BAKS is used to perform all basic transactions in BaksDAO. The token is deposited as collateral when applying for a loan. BAKS can also be deposited or exchanged for other popular cryptocurrencies - BTC/BNB/ETH/USDT. The list of available currencies for exchange will be expanded in the future.
💵 You can buy and exchange BAKS on BaksDAO platform and Coinsbit exchange.
🟣 Token BDV:
- BEP-20 tokens embedded in the BaksDAO protocol.
- Represents a collaborative management tool.
- Token issuance is tied to the growth of TVL (Total Value Locked) platform funds.
BDV issuance:
Initial issue: 50,000,000 tokens.
Total tokens to be issued: 2 billion tokens.
Total tokens to be burned: 1 billion tokens.
Distribution:
50% Airdrops.
35% Founders and team.
15% Early investors.
The main value of a token:
BDV holders can vote on a number of different issues - each user with these tokens is ennoscriptd to vote on platform development and changes to how the system algorithms work.
💵 You will be able to buy BDV at IDO in April 2022. The opportunity to exchange will appear after listing on DEX in the 2nd quarter of 2022.
For now, you can get BDV token by participating in competition.
✅ Read more about BDV and BAKS in the White Paper.
BaksDAO has two coins - stablecoin BAKS and control token BDV (BaksDAO Voice).
🟣 Token BAKS:
- Algorithmic Stablecoin.
- The coin's liquidity is fully secured by BaksDAO smart contracts.
- 1 BAKS is always equal to 1 USDT.
BAKS issue:
Unlimited and depends only on deposits and collateral for loans blocked in smart contracts.
BAKS is the main currency of the platform. BAKS is used to perform all basic transactions in BaksDAO. The token is deposited as collateral when applying for a loan. BAKS can also be deposited or exchanged for other popular cryptocurrencies - BTC/BNB/ETH/USDT. The list of available currencies for exchange will be expanded in the future.
💵 You can buy and exchange BAKS on BaksDAO platform and Coinsbit exchange.
🟣 Token BDV:
- BEP-20 tokens embedded in the BaksDAO protocol.
- Represents a collaborative management tool.
- Token issuance is tied to the growth of TVL (Total Value Locked) platform funds.
BDV issuance:
Initial issue: 50,000,000 tokens.
Total tokens to be issued: 2 billion tokens.
Total tokens to be burned: 1 billion tokens.
Distribution:
50% Airdrops.
35% Founders and team.
15% Early investors.
The main value of a token:
BDV holders can vote on a number of different issues - each user with these tokens is ennoscriptd to vote on platform development and changes to how the system algorithms work.
💵 You will be able to buy BDV at IDO in April 2022. The opportunity to exchange will appear after listing on DEX in the 2nd quarter of 2022.
For now, you can get BDV token by participating in competition.
✅ Read more about BDV and BAKS in the White Paper.
🔥BAKS on CoinGecko! 🔥
CoinGecko is the world's largest independent aggregator of cryptocurrency data. The company tracks over 6,000 assets and about 400 exchanges.
👀 At CoinGecko information about a token:
— Token statistics (price, capitalization and more).
— Trading pairs.
— Exchanges and exchanges where you can buy or exchange token.
🤑 BAKS token:
— Algorithmic Stablecoin.
— The coin's liquidity is fully provided by BaksDAO smart contracts.
—1 BAKS is always equal to 1 USDT.
💵 You can buy and exchange BAKS on BaksDAO platform and Coinsbit exchange.
CoinGecko is the world's largest independent aggregator of cryptocurrency data. The company tracks over 6,000 assets and about 400 exchanges.
👀 At CoinGecko information about a token:
— Token statistics (price, capitalization and more).
— Trading pairs.
— Exchanges and exchanges where you can buy or exchange token.
🤑 BAKS token:
— Algorithmic Stablecoin.
— The coin's liquidity is fully provided by BaksDAO smart contracts.
—1 BAKS is always equal to 1 USDT.
💵 You can buy and exchange BAKS on BaksDAO platform and Coinsbit exchange.
🥸 What happened this week?
Every day of the BaksDAO project is eventful. Sometimes it's very easy to miss news or an interesting event. Let's recap the week.
⚡️ Events:
— BAKS to be Listed on Coinsbit.
— BAKS to be Listed on CoinGecko.
— Evolution of the Binance smart chain.
— Valentine's Day greetings.
— Announcement of a series about cryptocurrency theft by Netflix.
🧠 Useful Material:
— How to protect your cryptocurrency?
— What is the difference between BDV and BAKS tokens?
🌏 BaksDAO in the media:
— Cryptonews. "New Stablecoin BAKS to be Listed on Coinsbit."
— Coinspeaker. "New Stablecoin BAKS to be Listed on Coinsbit".
🟣 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 very easy to miss news or an interesting event. Let's recap the week.
⚡️ Events:
— BAKS to be Listed on Coinsbit.
— BAKS to be Listed on CoinGecko.
— Evolution of the Binance smart chain.
— Valentine's Day greetings.
— Announcement of a series about cryptocurrency theft by Netflix.
🧠 Useful Material:
— How to protect your cryptocurrency?
— What is the difference between BDV and BAKS tokens?
🌏 BaksDAO in the media:
— Cryptonews. "New Stablecoin BAKS to be Listed on Coinsbit."
— Coinspeaker. "New Stablecoin BAKS to be Listed on Coinsbit".
🟣 BaksDAO Int |Website|Platform|Telegram Blog|Telegram Chat|Twitter|Facebook|Reddit|Instagram|Linkedin|Discord|
😎 How to get passive income from cryptocurrencies without risks?
Every crypto investor knows that you can trade cryptocurrency on the exchange and get income from it. But not everyone is ready to risk their funds, especially during a downtrend.
✅ Method 1: Buy stablecoin and deposit it with interest.
1) Choose the stablecoin that suits you and the income percentage: USDT (10% APR ) or BAKS (15% APY).
2) Fill your wallet with the appropriate stablecoin or exchange directly on the platform.
3) Make a deposit with interest.
4) Get income in the form of 15% per annum.
This way your funds will not lose value due to inflation, will not decrease in value due to price hikes and will be increased by 15% per annum.
Investing 5,000 BAKS today and in a year you will have $5,750 without any effort.
✅ Method 2. Deposit Stablecoin at interest and use compound interest.
If the above percentages don't seem big enough for you, you can use the magic of compound interest.
Compound interest is when you contribute the income from a deposit to the same deposit, thereby increasing the volume of the deposit and therefore the profit. Interest on the new deposit will accrue not only on the original amount, but also on the interest you received from the first. From this superposition and appeared the name "compound interest".
If you deposit 5,000 BAKS today and once a month for a year pay the resulting profit (≈62.5 BAKS), then after a year you will get $6,515, not $5,750. That sounds like a plan, right?
Doing it is still easy:
1) Do method 1.
2) Take your profits once a month.
3) Deposit the profits you make.
4) Get more income.
Why is it profitable to make deposits with BaksDAO?
— It takes a couple of minutes.
— BNB Chain saves you money on commissions.
— 15% APR for deposits at BAKS.
— You can take profits every minute.
— You can withdraw your deposit at any time. No blocking.
— Since the price of stablecoin has almost no price fluctuations, you reduce the risk of loss to a minimum.
💵 Purchase or exchange BAKS.
💵 Make a deposit with interest.
Every crypto investor knows that you can trade cryptocurrency on the exchange and get income from it. But not everyone is ready to risk their funds, especially during a downtrend.
✅ Method 1: Buy stablecoin and deposit it with interest.
1) Choose the stablecoin that suits you and the income percentage: USDT (10% APR ) or BAKS (15% APY).
2) Fill your wallet with the appropriate stablecoin or exchange directly on the platform.
3) Make a deposit with interest.
4) Get income in the form of 15% per annum.
This way your funds will not lose value due to inflation, will not decrease in value due to price hikes and will be increased by 15% per annum.
Investing 5,000 BAKS today and in a year you will have $5,750 without any effort.
✅ Method 2. Deposit Stablecoin at interest and use compound interest.
If the above percentages don't seem big enough for you, you can use the magic of compound interest.
Compound interest is when you contribute the income from a deposit to the same deposit, thereby increasing the volume of the deposit and therefore the profit. Interest on the new deposit will accrue not only on the original amount, but also on the interest you received from the first. From this superposition and appeared the name "compound interest".
If you deposit 5,000 BAKS today and once a month for a year pay the resulting profit (≈62.5 BAKS), then after a year you will get $6,515, not $5,750. That sounds like a plan, right?
Doing it is still easy:
1) Do method 1.
2) Take your profits once a month.
3) Deposit the profits you make.
4) Get more income.
Why is it profitable to make deposits with BaksDAO?
— It takes a couple of minutes.
— BNB Chain saves you money on commissions.
— 15% APR for deposits at BAKS.
— You can take profits every minute.
— You can withdraw your deposit at any time. No blocking.
— Since the price of stablecoin has almost no price fluctuations, you reduce the risk of loss to a minimum.
💵 Purchase or exchange BAKS.
💵 Make a deposit with interest.
😨 Is it more profitable to buy cryptocurrency over the long term than to actively trade?
90% of crypto investors are frightened by strong price drop, downtrend, they want to sell everything and never worry again. But are the downtrend and "high risks" really that scary?
❌ If we consider the value of a cryptocurrency within a day, a week or even a quarter, this asset can really seem high risk. But that would only be true for those who are trying to make a profit as quickly as possible without looking at the fundamentals of the assets.
Many people believe that real estate is a good investment because its value is always going up. Have you ever wondered in what currency?
✅ In cryptocurrency, real estate is getting cheaper every year. Here is an infographic that clearly shows the dynamics of real estate value against the dollar and cryptocurrencies.
Earn|Exchange|Borrow
90% of crypto investors are frightened by strong price drop, downtrend, they want to sell everything and never worry again. But are the downtrend and "high risks" really that scary?
❌ If we consider the value of a cryptocurrency within a day, a week or even a quarter, this asset can really seem high risk. But that would only be true for those who are trying to make a profit as quickly as possible without looking at the fundamentals of the assets.
Many people believe that real estate is a good investment because its value is always going up. Have you ever wondered in what currency?
✅ In cryptocurrency, real estate is getting cheaper every year. Here is an infographic that clearly shows the dynamics of real estate value against the dollar and cryptocurrencies.
Earn|Exchange|Borrow