# BakerDAO Weekly Report：9.6-9.12(September 13,2021)

#### Monday, September 13, 2021

![](https://1381830365-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-McEQbSqRqeWvSBolZKy%2F-MjTwiu5oI5W0DnO5FmG%2F-MjTwvbfGCfY9pC5nyPz%2Fimage.png?alt=media\&token=7a3f07eb-b94e-4671-bc9d-b8bc550e9cb4)

### 1.BakerDAO Product Development Progress

• BakerDAO V1.6 has been launched at 21:00 on September 10, 2021, Singapore time；

• BAI Stable Pool development.

### 2.BakerDAO System Status

### BAI Borrow Data

Until 12:00 on September 13, the latest data of BAI borrow datas are as follows:

• Total BAI supply：433,727.21 BAI

• Total value of collateral: 409,409.38 USD

• BAI holders：7,512 addresses

• Active Vaults：241

• Collateralization: 120.87%

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

### 3.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.
