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: https://farming.bakerfi.com/

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: https://app.bakerfi.com/borrow

2. BakerDAO Operational Progress

BakerDAO is about to go online for BDIPs, welcome to participate actively.

More info:https://t.me/bakerdao_en

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.