# BakerDAO Weekly Report：8.16-8.22(August 23,2021)

#### Monday, August 23, 2021

![](/files/-Mhm2PPus1fZB8olTx7K)

### 1.BakerDAO Product Development Progress

• DAO Pool development；

• BAI Liquidation Pool development；

• Yield Farming development；

• BAI Stable Pool design and development；

### 2. BakerDAO Operational Progress

• Adjust Single Token Harvest Fee Ratio

### 3.BakerDAO System Status

### BAI Borrow Data

Until 12:00 on August 23, the latest data of BAI borrow datas are as follows:

• Total BAI supply：264,358.57 BAI

• Total value of collateral: 177,647.78 USD

• BAI holders：7,519 addresses

• Active Vaults：173

• Collateralization: 105.60%

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.


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