BakerDAO Weekly Report：9.23-9.26(September 27,2021)

Monday, September 27, 2021

1.BakerDAO Product Development Progress

• BAI Stable Pool logic design and development.

2.BakerDAO System Status

BAI Borrow Data

Until 12:00 on September 27, the latest data of BAI borrow datas are as follows:

• Total BAI supply：262,743.25 BAI

• Total value of collateral: 178,422.21 USD

• BAI holders：7,537 addresses

• Active Vaults：241

• Collateralization: 104.45%

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

3.BakerDAO Ecological Progress

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

About BakerDAO:BakerDAO 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.