# BakerDAO Weekly Report：7.12-7.18 (July 19,2021)
#### Monday, July 19, 2021
### 1. BakerDAO System Status
#### BKR Yield Farming Data
Until 12:00 on July 19, various data is as follows:
• Current TVL：2,456,200 USD
• BKR holders：7,614 addresses
• Rewarded BKR Number: 75,898,rise 694 week on week
To view more data:
#### BAI Borrow Data
Until 12:00 on July 19, the latest data of BAI borrow datas are as follows:
• Total BAI supply：858,855 BAI
• Total value of collateral: 950,237 USD
• BAI holders：7,517 addresses,rise 702 week on week
• Active Vaults：170
• Collateralization: 110.64%
The latested data:
### 2. BakerDAO Operational Progress
BakerDAO is about to go online for BDIPs, welcome to participate actively.
More info:
### 3.BakerDAO Product Development Progress
• Development voting system
• Research and development liquidation system upgrade
### 4. BakerDAO Ecological Progress
BakerDAO ecology is continuing to advance, and cooperation is welcome.
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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