BakerDAO Weekly Report：9.27-10.10(October 11,2021)

Monday, October 11, 2021

1.BakerDAO Product Development Progress

• 《BakerDAO Litepaper》was officially released on October 9, Singapore time;

Details view:https://docs.bakerfi.com/bakerdao/v/en/litepaper

• BAI Stable Pool development.

2.BakerDAO System Status

BAI Borrow Data

Until 12:00 on October 11, the latest data of BAI borrow datas are as follows:

• Total BAI supply：263,280.27 BAI

• Total value of collateral: 179,101.48 USD

• BAI holders：7,536 addresses

• Active Vaults：241

• Collateralization: 104.52%

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.