# BakerDAO Weekly Report：7.5-7.11 (July 13, 2021)

####  Wednesday, July 13, 2021

![](https://1381830365-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-McEQbSqRqeWvSBolZKy%2F-MeUfAOa9lyCP-gr-_sb%2F-MeUh-ZE6xk1dYM5aVvi%2FBanner-%E8%8B%B1%E6%96%87.jpg?alt=media\&token=8b444757-32a2-4f00-b17a-c0d59872b916)

### 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: <https://farming.bakerfi.com/>

![](https://1381830365-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-McEQbSqRqeWvSBolZKy%2F-MeUibW2aKNR8LHwpPbF%2F-MeY5ShFrfvidAWjQY7z%2FWechatIMG10.png?alt=media\&token=e7160959-031a-48dd-913b-dab560c00702)

#### BAI Borrow Data

&#x20;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: <https://app.bakerfi.com/borrow>

### 2. BakerDAO Operational Progress

• BDIP2: Adjust Stability Fee

View details：<https://docs.bakerfi.com/bakerdao/v/en/bdips/bdip2>

• Single Token Mining Fee Stepped Rate Plan has been Launched

View details：<https://docs.bakerfi.com/bakerdao/v/en/announcement/20210710-1>

### 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.