BakerDAO Weekly Report:9.6-9.12(September 13,2021)

Monday, September 13, 2021

1.BakerDAO Product Development Progress

• BakerDAO V1.6 has been launched at 21:00 on September 10, 2021, Singapore time;

• BAI Stable Pool development.

2.BakerDAO System Status

BAI Borrow Data

Until 12:00 on September 13, the latest data of BAI borrow datas are as follows:

• Total BAI supply:433,727.21 BAI

• Total value of collateral: 409,409.38 USD

• BAI holders:7,512 addresses

• Active Vaults:241

• Collateralization: 120.87%

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.

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