# BakerDAO Weekly Report：8.9-8.15(August 16,2021)

#### Monday, August 16, 2021

![](https://1381830365-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-McEQbSqRqeWvSBolZKy%2F-MhDI5MDa_3j-_DVQbe1%2F-MhDNoNyZKAmzAhW-SIz%2Fimage%20\(11\).png?alt=media\&token=0dc3a0a2-c793-476c-8a87-ea60117e4c9d)

### 1.BakerDAO Product Development Progress

• DAO Pool design and development；

• BAI Liquidation Pool design and development；

• BAI Stable Pool design and development；

• Yield Farming design and development；

### 2. BakerDAO Operational Progress

• The first AMA 《BakerDAO System Upgrade Interpretation and Q\&A》 was successfully held in 《BakerDAO 🥯 Community (BakerDAO)》 at 20:00 on August 13, 2021, Singapore time.

### 3.BakerDAO System Status

#### BAI Borrow Data

Until 12:00 on August 9, the latest data of BAI borrow datas are as follows:

• Total BAI supply：260,351.34 BAI

• Total value of collateral: 178,922.25 USD

• BAI holders：7,520addresses

• Active Vaults：172

• Collateralization: 105.65%

The latested data: <https://app.bakerfi.com/borrow>

### 4.BakerDAO Ecological Progress

• BakerDAO ecology is continuing to advance, and cooperation is welcome.

**About BakerDAO:**&#x42;akerDAO is a decentralized stablecoin borrow protocol on BSC which allows users to generate BAI by over-collateralizing assets such as BNB, BUSD, ETH, and BTC. BAI is a decentralized, unbiased, collateral-backed stablecoin anchored to the USD. BKR is BakerDAO's decentralized governance token.