Single Token Mining Fee Stepped Rate Plan will be Launched on 11, July（July 10, 2021）

Saturday, July 10, 2021

Since BakerDAO passed CertiK audit and launched lending and yield farming system, TVL has exceeded 30 million USD, BKR price has exceeded 600 USD and has more than 6000 holders. However affected by the environment BKR price is declining spirally. The mining and selling behavior of single token mining users does not conform to the values of the BakerDAO community. We hope that everyone can hold BKR and develop with the community and team for a long time. This is also the purpose of yield farming: allow more people to hold BKR and contribute to the development of BakerDAO. So BakerDAO is launching single token mining fee stepped rate plan, the rate will be adjusted every day according to the price of the previous day, implemented from July 11, 2021. In the near future, BakerDAO will surely become the top DeFi project on the BSC chain like MakerDAO, and everyone's long-term holding of BKR will reflect great value.

Single Token Mining Fee Stepped Rate Plan