/biz/ - Business & Finance

>>26476180
its unironically based i wish i got some before the 100% spike. -.- next aave possibly

>>26476228
this
BAO is hopefully going to be one of the essential pieces of DeFi
Baoman seems like a serious person and I hope he won't let us down

>>26476180
I'm gonna rope for missing this and rubic

>>26476180
Based.

>>26476646
or you could just get in way before we're top 100 lol

>>26476934
This. It's still fucking early. This is the next sushi

see you and your pink wojaks soon

>>26476180
bao literally like sextillioned my investment lol
based coin

HAHAHAHAHAHAA ITS GOING DOWN HAHAHAHAH CHINK POOH MONEY HAHHAHAHAHA

We’re still so early bros I get paid this week gonna buy a few mil more.

honestly if more chink's were like baoman it would probably end racism

Yes i have a comfy stack, the idea of BAO is long term and prevent all the cons of others shitcoins.

It's still time to enter in the private club of 1M BAOs

>>26477031
what cons?

BAOs tokenomics are designed to prevent dumping and inflation will be offset by token burn during the creation of synths. BAO is unironically going to make a lot of us rich.

t. In since .00001 cents.

I was considering grabbing a bag earlier but then I saw the supply (32,531,843,386 / 798,957,251,775). That's like 4% in circulation. How is this shit not gonna get diluted to oblivion?

>>26476180
also when you guys inevitably sell. you should really try using rubic.exchange for cheaper gas fees

>>26477172

locked behind farming contract for a year.

>>26477148
what about the ridiculous supply?

>>26477172
It is. BAO is not supposed to be an asset. Dilution is part of the tokenomics to dissuade whales from dumping.

Source: https://docs.bao.finance/risks-of-bao-reasons-not-to-use-bao

It seems like there is a coordinated effort to shill certain shitcoins in /biz/ every other week. LCX, RBC and now BAO were obvious shill campaigns.

>>26477274
the supply has me concerned too - please explain to a retard why supply won't stop this coin from reaching $0.10

>>26477351
its literally in the sushi roadmap paper youre the same guy who didnt farm sushi or buy snx at $2-4
i cant imagine there wont be a bit of a dump though since early farmers are in six figures now

>>26477351
please tell me where to find these shilling campaigns, I've been shilling this shit for free

>>26477638
I have millions of these things and I'm waiting until the Sushi integration comes to stake. But comparing these new BAO threads to the ones two weeks ago, these don't look organic.

>>26478292
sir please to buy more bao onion coin

>>26478292
uhm..it doesn't.

>>26478350
tfw a scientist...oh well

I fucking love BAO

fuck the fud

bao is going to the moon and im all in on it

Maybe this is a stupid newfag question, but this is an ERC20 token, right? I just need to be certain before I try to buy a few million of these.

>>26478292
Yeah the BAO threads back then were incredibly helpful walkthroughs and handholds of the token, its function, and promise. Now, after a literal 10x from even a week ago, its moonboi retards. The old, simple, BAOfarmers are still here but its just natural that our rise has summoned nufag retards. We'll still be here after theyre gone.

>>26479023
yes
by god make sure to add the contract to your metamask first

If you just bought you BAO and haven't staked yet, you can make fat stacks on these massive china dips it's going through right now.

>>26476180
Youre welcome. My 700k bao are awaiting for glory at 0.01

i hold BAO, i farm BAO

i got dat i got dat i got dat BAO money

don't flopping&groping with the price fluctuations

hodl

>>26479337
I'm making almost +15% every dip, and just buying back more each time since these dips are absolute caverns.

bao bros based diamond hands never sell never lose

okay faggots, I fucking pulled the trigger and bought a couple of mills. what's your timeframe and price target with this? seriously.

To the anon who shilled GYSR in a previous BAO thread....thank you.

>>26479210
Is it worth staking if you're a poorfag?

>>26480026
Weeeeeeeeeeeeeee

>>26480026
See the whitepaper here:
https://baoglobal.io/data/BAO_whitepaper_en.pdf

>>26479210
I bought bao a couple days ago and haven't staked yet, how can I increase my stack with dips?
Swinging?

>>26480750
Buy low, sell high, but it seems to have settled. It'll crawl back up to 0.0007 and we might see some action again.

>>26480605
I've got no idea about the math desu, but you get more rewards in the early weeks of the launch, and then every other week it gets sliced in half, an takes a hit again from having to migrate to Sushi Swap at 25% less rewards, Uniswap at 75% less rewards. Depends how invested you are. My girlfriend had 888 tokens staked and 2,300,000 BAO, and she was generating around 4000 BAO an hour in rewards. I'm not sure if that's still the case now with the hype up.

>>26480987
Your girlfriend has a better grasp on yield farming and UNI than 80% of /biz/

>>26480987
Fuck I'm just getting into bao now and I'm confused,
I wanted to buy around $50 of Bao since im a poorfag but people were complaining about gas fees and such eating away at their low dollar counts. Should I stake now or wait until xDai?

>>26482292
At current hour you'd lose all your money on just gas fees. It's like $18 just to swap, and probably double that to get the tokens you can stake.

>>26482513
Well shit, so buy what I can now and hold until xDai to farm?

>>26476180
Cheers-- you're welcome.

I just bought more. When's the next pump?

>>26483206
3 months

>>26483020
Just hold ETH, and don't fall for shill coins unless you've done many hours of research and personally believe in the team behind it. Don't risk holding altcoins, always sell at a gain you're comfortable with and don't get greedy. Pretty much every new coin is going to be a set up to fail scam.

None that's the point of synths, they are collateralized by different collateral and act similar to the underlying asset but don't represent it.

And really the power of synths isn't in tracking stocks or things that already exist (that's what most people think and its boring). Really if you want a stock you can go buy a tokenized stock.

Whats cool is the power of synths to make financial markets that don't exist today. Like tying a price to the unemployment report, that people can buy and sell.

Because then you can imagine a world here you could predict accurate data through data markets better than any analyst, or a world where people's compensation can be tied to other events. Imagine if politicians started getting paid in synths that represented inverse-unemployment numbers, their regions GDP, and a happiness index of their region. They'd be pretty motivated to solve those problems stuck_out_tongue

People think of synths as just making synthetic versions of what already exist. That's a market worth billions.

But with blockchain tech, what is more interest is making markets that couldn't already exist. That's a market worth trillions.