Bao Finance (BAO) is a decentralized, community-driven DeFi platform focused on synthetic assets, on-chain derivatives, and financial accessibility. More
| Fully Diluted Valuation | $850,799 |
|---|---|
| 24H Trading Volume | $6 |
| 24H Low / High | $0.000000842235 / $ 0.000000865085 |
| Circulating Supply | 73.37 B |
| Total Supply | 984.37 B |
| Max Supply | 984.37 B |
| Categories | Yield Farming 3 more |
|---|---|
| Founder | Anonymous |
| Website | bao.finance |
| Socials | |
| Chains | Ethereum Ecosystem 1 more |
| Explorer | Energi 3 more |
| Contracts |
0x374....e61c1
1 more
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| Name | Pair | OG Score |
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Bao Finance (BAO) is a decentralized finance (DeFi) platform focused on synthetic assets and on-chain derivatives. It operates on the Ethereum blockchain and is fully community-driven, without venture capital influence.
What Are Synthetic Tokens?
Synthetic tokens, or synths, are digital assets that track the price of real-world assets using data feeds. Bao's synths are fully backed by decentralized collateral like ETH and protected by safety measures such as liquidations and stability pools. They can be borrowed, swapped, or used across DeFi without middlemen.
How Does Bao Finance Work?
Bao Finance provides a secure and transparent way to create, trade, and use synthetic assets. It enforces stable prices through borrow vaults, liquidity balancers, and variable interest rates. Future upgrades will introduce "The Minter," allowing direct swaps between synths and collateral.
Why Are On-Chain Derivatives Important?
Traditional derivatives markets are massive, valued at over $2.5 quadrillion globally. Bao brings these financial instruments on-chain, offering increased accessibility, lower costs, 24/7 trading, and enhanced security. It aims to move financial power from institutions to individuals.
What is the Role of the BAO Token?
The BAO token powers the ecosystem through governance, staking rewards, and yield farming incentives. Holders can vote on platform decisions and earn rewards for participating in the network. The token also follows a burning mechanism to manage supply and potential value growth.
Conclusion
Bao Finance is more than just a DeFi platform; it’s a movement to democratize financial access. By making markets and data open to everyone, Bao aims to level the playing field and transform how people interact with financial information.
Bao Finance (BAO) is unique for its fully decentralized, community-driven approach to synthetic assets and on-chain derivatives, offering transparent, collateral-backed financial instruments without middlemen.
Bao Finance (BAO) is a grassroots project with no central founders, built and governed entirely by its community.
Bao Finance (BAO) has no venture capital (VC) backing, relying solely on community support and decentralization.
Uniswap V2 (Ethereum), Sushiswap
