# BakerDAO Weekly Report：7.5-7.11 (July 13, 2021)
#### Wednesday, July 13, 2021
### 1. BakerDAO System Status
#### BKR Yield Farming Data
Until 12:00 on July 12, various data is as follows:
• Current TVL：2,680,399 USD
• BKR holders：6,920 addresses
• Rewarded BKR Number: 59,873
To view more data:
#### BAI Borrow Data
Until 12:00 on July 12, the latest data of BAI borrow datas are as follows:
• Total BAI supply：654,527 BAI
• Total value of collateral: 739,157 USD
• BAI holders：6,815 addresses
• Active Vaults：167
• Collateralization: 112.93%
The latested data:
### 2. BakerDAO Operational Progress
• BDIP2: Adjust Stability Fee
View details：
• Single Token Mining Fee Stepped Rate Plan has been Launched
View details：
### 3.BakerDAO Product Development Progress
• Development voting system
• Research and development liquidation system upgrade
### 4. BakerDAO Ecological Progress
• This week BakerDAO DApp has successfully launched Math Wallet.
About BakerDAO: BakerDAO is an upgrade MakerDAO protocol on Binance Smart Chain(BSC). It is a multi-collateral stablecoin borrow system on BSC, which allow users to generate decentralized stablecoin BAI by leveraging collateral assets like BNB, BUSD, ETH, BTC and so on. Excess collateral, self-balance system, liquidators and other ecosystem participants ensure that 1 BAI is soft-pegged to 1 USD. BKR is the decentralized governance token of BakerDAO, and its holders can use it to initiate proposals and vote to govern the major events or decide development directions for BakerDAO.
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