BAI Stablecoin is a digital currency pegged to the US dollar. More
Fully Diluted Valuation | $513,065 |
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24H Trading Volume | $613 |
24H Low / High | $0.98 / $ 1.00 |
Circulating Supply | 514.50 K |
Total Supply | 514.50 K |
Max Supply | 0.00 |
Categories | Astar Ecosystem 1 more |
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Founder | Anonymous |
Website | astriddao.xyz |
Socials | 2 more |
Chains | Astar Ecosystem |
Explorer | Blockscout 2 more |
Contracts |
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Name | Pair | OG Score |
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BAI Stablecoin is a type of digital currency that is pegged to a stable asset, usually the US dollar. This means its value remains stable, making it a reliable option for users in the blockchain world.
Purpose of BAI Stablecoin
The primary goal of BAI Stablecoin is to serve as a trustworthy medium of exchange and a safe store of value. By maintaining a stable price, it helps users avoid the volatility commonly associated with other cryptocurrencies.
Use in Decentralized Finance (DeFi)
BAI Stablecoin is often used in decentralized finance (DeFi) applications. In these platforms, users can trade, lend, and borrow without relying on traditional banks, making transactions more efficient.
Issuance and Management
BAI is typically issued and managed by a specific platform or protocol. This ensures that transactions are secure and transparent, allowing users to trust the system.
Conclusion
In summary, BAI Stablecoin offers a stable digital currency option in the blockchain ecosystem, promoting ease of use in DeFi applications while ensuring security and transparency.
BAI Stablecoin is unique because it is pegged to the US dollar, ensuring a stable value that makes it a reliable medium of exchange and a secure store of value within the blockchain ecosystem, particularly in decentralized finance (DeFi) applications.
The specific founders of BAI Stablecoin are not disclosed publicly.
ArthSwap
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There may be different staking options available such as to participating in DAOs, decentralized governance and revenue sharing. Please watch out for scams. Only consider staking options promoted on the official website of the project and advised partners. Please click here to see the official links and make sure to follow the latest instructions.
This data is dynamic and varies depending on the number of tokens that are being vested/vesting, removed from circulation because of network transactions or burned permanently and staking reward distribution mechanism. According to self-declared data the circulating supply of BAI Stablecoin (BAI) is ($514,503), max supply of BAI Stablecoin BAI is ($0) and the market cap of BAI Stablecoin BAI is ($513,065).
What is the BAI Stablecoin (BAI) price prediction?
Predicting prices in the crypto market is highly speculative and can't be definitively stated. Various factors drive price movements such as macroeconomics, Bitcoin ($btc) and crypto market overall behavior, on-chain activity, whale positionings, growth potential of the project etc. We cannot give any price predictions nor financial advice, but you can look at our comprehensive data, expert user reviews and decide if the product suits your needs! Please do your own research DYOR!
The current market price of BAI Stablecoin (BAI) is $0. As the OGAudit community we mainly focus on features such as use cases, product development, and sustainable growth. However, we also provide real-time market data and coin/token statistics, analytics, price history for popular altcoins. see here.
It is important to do comprehensive research before deciding whether BAI Stablecoin (BAI) or any other cryptocurrency is a good investment. We believe you should ask each of these questions before deciding to invest or make partnerships with any crypto project:
Is this type of digital asset considered legal in your country?
Does Coin (BAI Stablecoin BAI) solve a good problem or offer the best solution?
Do products and services work effectively, and solutions are scalable?
Does the team have a realistic roadmap and can catch up with it?
Does BAI Stablecoin (BAI) have reasonable and sustainable revenue income models?
Can the team market their products and services well?
How decentralized is the governance and how strong is the community?
Has it reached its fair market value yet?
Does the coin/token have enough trading pairs and liquidity?
As the OGAudit community crypto experts, we evaluate crypto projects by asking each of these questions and more, to provide objective and reliable comments and ratings for the end-user, investors, and institutions. By carefully considering these reviews, ratings, and price action, you can decide whether BAI Stablecoin (BAI) is a good crypto to invest in or not. To access these evaluations and ratings please click here . The OGAudit experts are the largest, most experienced, and elite users in the crypto space. However, keep in mind that the scores, expert reviews and comments on our platform are OGAudit users’ personal views and meant for educational purposes only. None of the information we publish on our website contains any investment advice and should not be perceived as such. Always -DYOR- do your own research well.
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