BakerDAO Weekly Report:9.27-10.10(October 11,2021)
Monday, October 11, 2021
1.BakerDAO Product Development Progress
• 《BakerDAO Litepaper》was officially released on October 9, Singapore time;
Details view:https://docs.bakerfi.com/bakerdao/v/en/litepaper
• BAI Stable Pool development.
2.BakerDAO System Status
BAI Borrow Data
Until 12:00 on October 11, the latest data of BAI borrow datas are as follows:
• Total BAI supply:263,280.27 BAI
• Total value of collateral: 179,101.48 USD
• BAI holders:7,536 addresses
• Active Vaults:241
• Collateralization: 104.52%
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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