BakerDAO Weekly Report:8.16-8.22(August 23,2021)
Monday, August 23, 2021
1.BakerDAO Product Development Progress
• DAO Pool development;
• BAI Liquidation Pool development;
• Yield Farming development;
• BAI Stable Pool design and development;
2. BakerDAO Operational Progress
• Adjust Single Token Harvest Fee Ratio
3.BakerDAO System Status
BAI Borrow Data
Until 12:00 on August 23, the latest data of BAI borrow datas are as follows:
• Total BAI supply:264,358.57 BAI
• Total value of collateral: 177,647.78 USD
• BAI holders:7,519 addresses
• Active Vaults:173
• Collateralization: 105.60%
The latested data: https://app.bakerfi.com/borrow
4.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.
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