Will these delicious fuckers make me 6 figures?

[Anonymous No.26363627]

10x? 100x? What do you expect from BAO?

[Anonymous No.26363822]

>>26363627
a long, comfy, farmed hold for a solid 10x+ baby.

[Anonymous No.26364044]

>>26363822
Sounds good. Cheers bro

[Anonymous No.26364102]

>>26363627
isn't this just another rug pull? for weebs, apparently

[Anonymous No.26364176]

>>26363822
This but 100x

[Anonymous No.26364218]

>>26364102
IDK bro, the ravioli coin will make me a fat profit even if it hit 0,01c (which sounds plausible at this point)

[Anonymous No.26364264]

>>26363627
People on this board to lose a lot of money. As usual.

[Anonymous No.26364300]

Question for you crypto commanders; if I just hold coins, will eventually stake some more automatically?

[Anonymous No.26364413]

>>26364300
no need lp tokens

[Anonymous No.26364496]

>>26364413
K bro thanks

[Anonymous No.26364792]

Im going to sell, not because I dont believe in the legitimacy of this product, but because I dont have enough to properly take advantage of staking which means I wont be earning nearly enough comparatively. Gas fees kinda rape a poorfag like me, and im up x2 on it, but I will be rooting for you Baobros

[Anonymous No.26364890]

>>26363627
I expect long term this will 100X, but short term expect it to drop back down in a few days when the pump crowd that flooded into it the last 48 hours don't see immediate gains.

[Anonymous No.26364998]

5x at least, that's the most conservative estimate. It's .00023 right now. That's pre-audit, before scaling up dev team, before implementation on SushiSwap. It will hit around .001 or more after it's actually implemented

[Anonymous No.26365358]

The only thing which bugs me is that farmed coins harvest over 4 years. Like we don't even know if Bitcoin is going to maintain it's value in 4 years, much less a Lowcap foodcoin.

[Anonymous No.26365391]

>>26365358
Do like us smart ppl and buy now dont stake and dump after price goes10x

[Anonymous No.26365448]

>>26365358
I'm sure you won't be bugged about it in 4 years anon

[Anonymous No.26365449]

This shit will hit a penny
Screencap this

[Anonymous No.26365493]

>>26365391
You should be holding and farming, maybe 50/50. Depends on gas and the APY of your chosen pool though.

[Anonymous No.26365616]

>>26365449
I fully expect it to, especially after coin burn and everything is sorted out with migration and synthetic staking

[Anonymous No.26365655]

>>26363627
Don’t really care I’m just a humble about farmer

[Anonymous No.26365843]

>>26365391
well you can easily unstake without penalties after a few weeks. So the only real long-term money risked is the gas fees and the 0.75% reduction

If DeFi/oracles are the future then synthetics will definitely be apart of that future. This project has a high tier use case.

[Anonymous No.26365869]

BAOBA

[Anonymous No.26366279]

>>26365843
I know but this is a one man team with an anonymous dev who has a lot to build in a short time frame

[Anonymous No.26367112]

>>26365391
You know you get what you taked back, right?...You're literally losing money by not farming with what you purchased...

[Anonymous No.26367177]

pls spoonfeed about farming
i'm sure the project is legit and will make us rich

[Anonymous No.26367435]

Can someone explain to me difference between buying and holding vs buying and staking? I don't have much to invest maybe 200$ tops so is that just a waste of money if I don't stake it? I don't wanna get raped by gas fees and pay like 200$ to stake and unstake...

[Anonymous No.26367629]

>>26367435
Holding generates no income from the BAO you purchased, but you don't have to pay gas fees to stake and unstake it.

Staking generates income by farming BAO on the BAO you're holding. It's still your BAO at the end of the day. But you also have a slight deposit and withdrawal fee for staking and unstaking. The fee is miniscule and you'll easily farm it back. But with only $200 you may wanna wait until xDai migration since you won't have to worry about gas fees and that'd honestly eat into a lot of your potential profits with such a small stack.

[Anonymous No.26367688]

>>26363627
Let me get this straight, theres a 4 year cycle to claim all your farmed BAO? KEKKKK

[Anonymous No.26367973]

>>26367629
When is xDai migration happening(also what is xdai)? I dont want to see bao 50x in 2 months tho.

[Anonymous No.26368084]

>>26367688
I think you're misunderstanding a little.

You get 5% up front, if you're farming consistently you should get constant 5% payouts. At my current rate with current prices, that's ~$300 a week, just from the 5% generated. You can harvest whenever you want to take 5% of your unlocked farm out. The rest is locked up to prevent dumping because this is distribution period. This December, the lock will be removed on all of your stored BAO, and you'll be paid out a small percentage of your total locked BAO in daily payments spanning over a period of 3 years. 95% isn't locked up for the entirety of that time, you will be getting a daily income from that locked total until it dries out.

Think of it as airdrop - and this is a barrier to prevent whales from pumping and dumping the market when the project is actually released. The primary focus of this token isn't its farmin mechanic, it's the synthetic assets that they'll be bringing to the Sushiswap ecosystem. You're in early, the project really starts in a few months. If you've participated in any pre-ICOs, you know it's pretty common practice to have early investors have their tokens locked until months after the project's release in order to prevent anyone attempting to pump and dump from ground level prices.

tl;dr - You'll be consistently earning BAO, but most of it will be locked. When unlocked, you'll get paid daily from the total pool of your locked tokens.

[Anonymous No.26368182]

>>26366279
baoman might be a legit chink autist with muh honour judging by the way he is btfoing exchanges that want his dumplings

[Anonymous No.26368336]

>>26368084
To give a visual, here's an example from the community. Obviously prices are going to be vastly different by the time December comes, may be higher or lower, but at the end of the day if you're farming this all the way until December you should have such a huge amount that your daily payouts will be a decent profit.

Token burning will happen later, and tokens are burned with the minting of new synthetic assets. Synthetic asset minting is one of the core functionalities this project is aiming for, so you're getting in early on the potential for this stage really. By December comes, I fully expect BAO to be priced higher than its current price honestly, but we'll have to see how popular synths become. At the end of the day, there's very little risk involved. Just a lot of people who don't actually understand the farming mechanics getting confused and failing the marshmallow test.

[Anonymous No.26368483]

>>26367973
Read up more about it here:
https://snapshot.page/#/baovotes.eth/proposal/QmPJqjeTrMEP1qXck3KHcemMzQEzB3T2tWCCwP7yCex3xC

Migration next month. Gas fees will essentially be eliminated for farming.

[Anonymous No.26368713]

The respective stake and unstake gas fee isn't an issue if you start staking now and wait till December to harvest a lump sum which should be more (unless you're staking 50 dollars worth)

[Anonymous No.26368774]

>>26368336
christ, how much did you put in

[Anonymous No.26368837]

>>26363627
yes

[Anonymous No.26368866]

>>26368774
It's from the first 2 weeks of farming when the pools were paying out 10's of thousands of a percent APY, those days are gone forever. The people who were lucky enough to get in on that will dump as soon as unlock happens.

[Anonymous No.26369228]

>>26368866
Which is exactly why the unlock is set up in December and only to pay in daily increments over the course of 3 years rather than all at once. It prevents dumping all those locked tokens. The point is you're essentially farming 3 years worth of income. There's no "market dumping" really cause nobody will get their billions of BAO at once.

[Anonymous No.26369327]

>>26369228
That's still tens of millions unlocked and distributed every month that will be immediately dumped, and that's just to the whales. I imagine many others will do the same.

[Anonymous No.26369766]

>>26367177
https://chainwave.substack.com/p/farming-bao-token

[Anonymous No.26369783]

>>26369327
Huge early advantage is great, but if more people come on board with the project and farm daily from now until December then that huge amount, while still being an amazing payoff, will be tapered off a little due to how many BAOs everyone else has, Keep in mind that by that point, the supply/demand dynamics of the token will be entirely different as the token will be used for the purpose of minting synthetic assets. It'll have an entirely different market cap and different tokenomics at play by that stage so it's a bit difficult mapping out the current phase to that one.

Remember, 5% of your harvest is already paid out to you whenever you want. That means the market will constantly have that 5% selloff pressure up until that point. Or more people will re-invest their BAOs, whatever. The point is that they couldn't just dump all those into the market at once and it'd be silly of anyone to fuck up the price action when their 3 years of payments depend on the token remaining a decent price. The point of all oft his is to make it so that you should be farming to make your gains instead of buying and holding to dump later. You wanna sell off all your BAO? That's fine but you're getting a small chunk of your total per day to work with. Even if EVERYONE dumped it, if synthetic assets pick up there will be buyers to eat those dips.

[Anonymous No.26369823]

>>26367629
So 1.3mill for staking. What am I in for??

[Anonymous No.26370352]

AAAAAAA
I still dont understand if i should buy and hodl or stake somehow with my poorfag 200$

[Anonymous No.26370443]

>>26367629
I might scrap up 400$ is that enough to stake?

[Anonymous No.26370553]

>>26370352
don't stake yet, just wait till march.

[Anonymous No.26370633]

>>26370443
Yeah, that's a decent stack. Fees aren't ALWAYS ~$50, just when ETH is congested as fuck. Use https://ethgasstation.info/calculatorTxV.php to get the cheapest gas prices for staking. You don't need a fast transaction when staking your LP, so you can literally use a cheap $10 fee that takes 4 hours to go through if you want, it shouldn't time out. The only reason people cite missing out on this is the gas fees, and that's exactly why xDai is coming next month. More people will FOMO in when they learn they don't need to pay so much to start farming.

[Anonymous No.26371036]

>>26370553
Why what is the difference?

[Anonymous No.26371148]

>>26370633
Ok thanks, could you elaborate on what token burning will be? If i get a stack of lets say 10m Bao, what will happen to it once token burning takes place?

[Anonymous No.26371165]

>>26369228
You got in before it pumped heavily, What's your IL compared to farmed BAO looking like?

[Anonymous No.26371237]

It seems like Synthetix Network Token already got stuff figured out.
Why is bao better?
furthermore, why is sushi(that likes bao) important when we have snx and uniswap etc.
I

[Anonymous No.26371475]

>>26370633

[Anonymous No.26371621]

>>26371475
just to fucking stake. lmao.

[Anonymous No.26371822]

>>26371475
How in the motherfuck?

Ethereum need to fucking die

[Anonymous No.26372026]

>>26371475
>>26371621
This is a metamask glitch. If you don't have enough funds in your wallet Metamask will recalculate it higher and higher. Use https://ethgasstation.info/calculatorTxV.php

[Anonymous No.26372351]

>>26369783
Are you mathematically retarded? Their stack will only grow larger and make the dumps bigger. Little fish coming in will also dump. I think this project is great long term, but don't be fucking delusional. The whales from the first couple weeks will be a huge problem down the road.

[Anonymous No.26372689]

>>26371475
why arent we seeing all these L2 solutions like loopring taking some load off of eth network and therefore tx fees going down

[Anonymous No.26372935]

Okay fuck 2milli ravioli, worth staking?

[Anonymous No.26373038]

>>26372935
YES. Youll double it in farming alone in 3 weeks.

[Anonymous No.26373354]

>>26373038
Normie meme but it’s appropriate

[Anonymous No.26373373]

>>26371148
yuo will get "burned" and lose all the money you invested

[Anonymous No.26373456]

>>26367112
After 3 years.

[Anonymous No.26373472]

>>26373038
even now with xDai coming, it's still worth it?

[Anonymous No.26373501]

>>26373456
That’s a point. Guess 50/50 is the way to go for farming

[Anonymous No.26373542]

>>26372689
because they just launched. The loopring andorid app officially launched a couple days ago and it is buttery smooth. They still need to attract LPs and increase the markets tho. Not sure if they can compete with UNI / SUSHI at that.

[Anonymous No.26373655]

>>26364102
why do people keep saying bao is gonna rugpull? you know it's backed by large, established institutions right? I assume they would've done their DD before engaging

[Anonymous No.26373688]

>>26373542
good point, loopring doest compete with bao right? its just a dex but its not

[Anonymous No.26373768]

>>26373038

wtf? the apy doesn't say that

[Anonymous No.26373786]

>>26373456
No, you're misunderstanding. The PROFITS you make are locked for 3 years. The LP is yours and yours forever. This is what I mean by people missing out only because they don't understand the mechanics of farming.

>You provide liquidity to Uniswap for $600 of LINK, pairing it with $600 ETH
>You get LP token in return
>You STAKE LP Tokens on Bao.finance
>You EARN 0.3% transaction fees from Uniswap by providing them liquidity
>You EARN BAO at the APY rate
>95% of the BAO earned is locked up for 3 years
>The rest is yours to withdraw at any point
>AT ANY GIVEN TIME, YOU CAN WITHDRAW YOUR LP FROM BAO.FINANCE, GO BACK TO UNISWAP, AND GET YOUR LINK/ETH PAIRING BACK FROM THEM

Your Link/Eth isn't locked up for 3 years. It's yours. You're GAINING money from Uniswap and GAINING money from BAO. Do you understand now? There is no downside if you're doing this properly, it's just too many people don't understand what they're doing. Understandable because there's a bunch of steps involved, but it's not really complicated if you just follow instructions.

>>26371148
>>26373373
No. Token burning will happen via community governance vote (as in WE decide the terms). As such, we don't have exact details on how it will play out, but it most certainly isn't going to be touching any of our stacks. It'll burn from circulating supply, not held. Tokens are also burned by minting synthetic assets, as in the person minting needs to pay BAO to do so and that BAO is gone forever.

[Anonymous No.26373890]

>>26373688
that's right. I'm considering throwing a large stack at LRC, but I'm waiting for them to figure out their token economics first. I'm really impressed with the app. It feels like the Coinbase of DeFi. It's exactly what the DeFi space needs to attract normies. iOS app coming out next month too.

[Anonymous No.26374199]

>>26373786
based thanks for explaining anon. It's actually pretty simple and genius with a TON of upside.

Question, what makes this better than Sushi etc? The fact that you can basically earn via 3 different mechanisms (exposure, farming, and LP fees)?

[Anonymous No.26374675]

>>26372026
>https://ethgasstation.info/calculatorTxV.php
Need help please. Under the 'edit' tab in the transaction window I go to the 'advanced' tab. Gas used- 50k and gas price 112 gwei. When I hit save I get an alert: transaction error. Is the gas used to low for this tx?

[Anonymous No.26374766]

>>26374675
welp that was $7 down the drain.

[Anonymous No.26375060]

>>26363627
Can you teach me how to buy this on uniswap? I tried to buy it a weak ago and I lost money due to slippage.

[Anonymous No.26375131]

>>26368336
What’s the price of bao in this example?

[Anonymous No.26375499]

>>26375060

>https://app.uniswap.org/#/swap?inputCurrency=0x374cb8c27130e2c9e04f44303f3c8351b9de61c1&outputCurrency=ETH

[Anonymous No.26375639]

>>26373786
Goddamn, that was a nice explanation.
Do we happen to have a guide step by step on how to do this properly?

[Anonymous No.26375664]

[Anonymous No.26375689]

>>26375639
>>26369766

[Anonymous No.26375718]

>>26375131
0.00011780
BAO is currently 0.00023624, meaning that stack is actually now worth $450,979.96

[Anonymous No.26375844]

>>26375718
>https://ethgasstation.info/calculatorTxV.php
How do I know what size of the 'gas used' to put in for the tx to succeed. 50k was unsuccessful.

[Anonymous No.26375983]

>>26375689
Thanks sir

[Anonymous No.26376031]

Which is the best pool? BAO-ETH?

[Anonymous No.26376068]

>>26375983
np

[Anonymous No.26376125]

>>26375639
Just a disclaimer to my explaination, there IS a penalty for withdrawing your LP too early. This is to deter flash loans.

Fees are transparently listed here:
https://docs.bao.finance/fees-penalties-and-funds

If you're holding for 5 days, the BAO you earn will easily recover the deposit and withdrawal fees. They're only there really to curb exploitations of the farming mechanics, not to punish actual users.

Just want to be as transparent as possible. I recommend ANYONE please read the documentation before getting into BAO. Understand the roadmap and keep up with the community news to ensure you're making the most profits. This is the kind of stuff DeFi was made for.

[Anonymous No.26376140]

>>26363627
I’m farming surf and bao. Most comfy ive been for awhile.

[Anonymous No.26376273]

>>26376125
is there bao telegram?

[Anonymous No.26376343]

>>26375844
Restart your browser/computer because your metamask is bugged. Then watch this vid:
https://www.youtube.com/watch?v=wNCZUCseabM

[Anonymous No.26376403]

>>26376273
No, and if you see one don't click it because there's already a scam fake one out there. Use only links on the official site.

[Anonymous No.26376489]

>>26375844
Also fuck, my apologies. I gave the calculator link instead of the main page, cause I have that bookmarked for my own purposes. Use the main page, it will give recommended Gwei.

[Anonymous No.26376525]

>>26376125
Thanks a lot for your time kind anon. Bless you

[Anonymous No.26376574]

Any reason why my locked BAO is still 0? Been staking for 5 days.

[Anonymous No.26376701]

>>26363627
i have a mil of it but i dont understand why they would call this token bao. you might as well call it Chink Corona Bat Soup token

[Anonymous No.26376858]

>>26376574
They get locked once you harvest them. Harvesting happens automatically once you either stake more LP or unstake the LP you already have in, so there's no need to manually harvest since it'd just waste gas. That BAO is yours, no worries. If I were you I'd wait until around the time they're moving to xDai to unstake, since you'd want to migrate to the new chain anyway.

[Anonymous No.26376937]

>>26376858
You get 5% of that upfront, the rest gets locked. Just for clarification. The earned BAO is essentially tracking the total, and the 5% gets deducted from that to go directly into your wallet upon harvest. It's why >>26368336 this screenshot has two different balances shown.

[Anonymous No.26377010]

>>26376937
Thanks dude, btw how did you hear about BAO? You seem knowledgeable as fuck. Also do you predict a dump in the next few days so I can load up then?

[Anonymous No.26377021]

>>26376858
>>26376937

Thanks for the help anon.

[Anonymous No.26377127]

Quick question; what if I skip the uniswap part? To stake 4milli they are asking me 0.8 ETH and I don’t want to provide liquidity again

[Anonymous No.26377160]

>>26376937
when u unstake or stake ur still paying as much gas as if you simply harvested correct?
also the lp fees ur earning, how do you get those gains?

[Anonymous No.26377174]

>>26377010
Will probably dump a bit desu, since people who FOMO'd in from the pump probably don't know what they were buying and will dump their tokens as it crabs/bleeds a little (like people buying and not farming). I found out about this project on /biz/ last week, read up on it, chatted with the dev, and realized the potential it has. At first I fudded the shit out of it because I misunderstood the farming thing, then I learned and realized it was fuckin great.

[Anonymous No.26377220]

>>26368336
Holy shit im a Stacklet compared to this.... only 5m staked but you've already earned a bill???? congrats anon happy for you bao brother

[Anonymous No.26377228]

>>26377174
Isn't the developer anonymous?

[Anonymous No.26377269]

>>26377174
What's the minimum $ to invest to make staking worth it, considering the high gas fee?

[Anonymous No.26377416]

>>26377269
>>26377174
I grabbed 2.5 and just staked my first 1m of it but couldnt go more cause of the gas fees. 2nding this question to see if i should keep going.

[Anonymous No.26377590]

where can I get BAO, cant seem to find it on any of the EU exchanges

[Anonymous No.26377612]

>>26363627
omg BAO is so cute how do i get

[Anonymous No.26377881]

>>26377590

you have to buy ETH and exchange on uniswap. full directions >>26369766

[Anonymous No.26377904]

This is a kingmaker coin. Farm it, and hold until the burns start. The yearn conglomerate have already anointed BAO, and if you were in after the SUSHI roadmap drop (obvious buy point), and before Chico named it his #1 alt pick, youre already up at least 3x, not even counting your crops. Its almost too comfy.

[Anonymous No.26377913]

>>26377612
>>26377590
Create a MetaMask wallet, charge that motherfucker with ETH, go to uniswap and buy BAO. Hopefully a more talented anon will come and explain better

[Anonymous No.26377929]

How do I farm sirs?

[Anonymous No.26378013]

Also, if I don’t want to put more ETH to stake right now on uniswap, can I wait till the end of February and use their new staking system right? The amount I want to stake requires much ETH and I still didn’t understood if that makes up the LP token (so I can get it back) or if I totally lose that

[Anonymous No.26378053]

when u unstake or stake ur still paying as much gas as if you simply harvested correct?
also the lp fees ur earning, how do you get those gains?

[Anonymous No.26378067]

>>26376574
I'm getting that much per hour.

[Anonymous No.26378077]

>>26378013
I would wait at this point. Then you aren't paying fees twice and maybe three times.

[Anonymous No.26378084]

>>26376125
Do you know if there is an actual discord or telegram group?

[Anonymous No.26378117]

>>26377929
https://sys.4channel.org/derefer?url=https%3A%2F%2Fchainwave.substack.com%2Fp%2Ffarming-bao-token

[Anonymous No.26378451]

Also, do take note, BAO threads contain high IQ conversation and genuine nufag help. Go to any RBC thread and feel out the general IQ of the conversation.

[Anonymous No.26378891]

jesus christ those miner fees

[Anonymous No.26379371]

Bros, thew in 40 bucks which was around 460,000 BAO, i farmed it right then a few weeks ago and wondering if its a good poorfag stack.
It was a cute picture

[Anonymous No.26379419]

>>26379371
how much have you farmed

[Anonymous No.26379521]

>>26378451
the correct play is to own 10,000 rbc and 10 million bao

[Anonymous No.26379534]

>>26379419
about the same amount back

[Anonymous No.26379656]

how do I get in ?

[Anonymous No.26379942]

I still don't understand it... I have a 500k stack right now... is this worth farming? If I farm, what do I gain per week that I can change to fiat or other crypto?

[Anonymous No.26380165]

I wanted to try to farm this but i think i failed lol. I provided the liquidity but I didn't get any BAO-ETH LP Tokens in my wallet? So I went to Uniswap and supplied the liquidity. Thats where i think i fucked up, right? Cus now I can't supply anything to Bao finance.
Already paid $25 in gas fees :D
newfag here, trying to learn this shit. Could anyone help me?

[Anonymous No.26380672]

>>26380165
You create the synthetic tokens then on the bao site, connect your wallet then stake the synthetic tokens. If it's a bao eth pair it'll be the top right option with the bao symbol. You'll have to pay another transfer fee so have enough eth to cover it. I'd give you the link but I'm phone fagging

[Anonymous No.26380786]

>>26376701
Balancing, Automation and Options relating to synthetics

[Anonymous No.26380887]

>>26380672
But right now it says 0 BAO in my wallet. If I stake it from the BAO site does it "know" i have x BAO-ETH on Uniswap?

[Anonymous No.26380974]

>>26380165

>>26380672
Synthetic tokens aren't out yet, you use the LP tokens - you get this from providing liquidity to any uniswap pair

If the pair is on the bao menu you can the stake the LP tokens to farm

(Terminology is important)

[Anonymous No.26381094]

>>26372026
ok, you were correct not having enough funds..sent another $100 to the wallet now tx fee is $62 :/

[Anonymous No.26381096]

Also important you don't need BAO to farm BAO, you can provide liquidity on uniswap to e.g. usdc/eth and stake those uniswap LP for bao

[Anonymous No.26381234]

>>26381096
How much would you get for staking 500$ worth of eth?

[Anonymous No.26381352]

>>26364890
>I expect long term this will 100X, but short term expect it to drop back down in a few days when the pump crowd that flooded into it the last 48 hours don't see immediate gains.

[Anonymous No.26381420]

>>26370633
How can I make sure it goes throught? The standard price rn was 60$. Do I lower the gas fee or the gas use?

[Anonymous No.26381462]

>>26381234
I'm providing ~ 2eth/10M bao liquidity in the BAO/ETH pool and I farm about 300k BAO a day in the current distribution phase (another halving in a few weeks)

Remember you need to provide a pair so you need .5 eth and .5 eth of a paired token or .25 of both etc

[Anonymous No.26381594]

https://www.youtube.com/watch?v=AdAEAFTpgbw

thoughts??

[Anonymous No.26381665]

>>26381420
u can gamble on gas use but...good luck.

use https://ethgasstation.info/calculatorTxV.php

[Anonymous No.26381669]

>>26363627
I expect BAO to change my life. It's not about the money. It's the community.

[Anonymous No.26381703]

>>26365358
just stake half your stack, trade the rest
simple is
I've already made back my money with trading. If I lose all my staking stack, I couldn't care less

[Anonymous No.26381747]

>>26365449
yeah I don't doubt it
people don't get the tokenomics of this thing
My 11M Bao will make me a millionaire muahahah

[Anonymous No.26381788]

>>26381665
I mean it doesnt matter if it takes a couple hours to go through as long as its accepted. So I change the gas price then?

[Anonymous No.26381873]

>>26373038
where do you pool it?

[Anonymous No.26381893]

>>26367688
Imagine you earn 40M Bao staking until December (I earned 1.5M in a few days so likely more).
You get 5% right away so that's 2M Bao.
Suppose 1 Bao = 0.002c by then.
That's $4000 right away.

Now the rest 38M Bao will be sent to you daily over 3 years. That's 38M/1065 = 35,680 Bao/day

If Bao retains its price at 0.002, you make $71/day for 3 years

Anon, do the math. It's not hard.

[Anonymous No.26382230]

>>26381893
How much BAO did you initially buy and what were the total gas fees to set up?

[Anonymous No.26382377]

Frens, what do you fellers think is a better plan:
Swap half my BAO for ETH and stake now;
Wait until xDAI, then swap and stake;
Hodl;

Pls respond

[Anonymous No.26382394]

>>26381893
Over a trillion supply has me iffy but they will be burned in Dec. correct?

[Anonymous No.26382443]

>>26382377
depends how much u got, u need to do the calculation if one month is profitable enough to offset the fees of harvesting

i have a question when you unstake, do you get the rewards of the lp?

[Anonymous No.26382453]

>>26382377
u have enough $ in eth for gas fees? if not wait.

[Anonymous No.26382712]

>>26382453
how much is it going to setup a stake pool in fees gonna cost rn?

[Anonymous No.26382777]

If you have at least 1k USD, stake and farm

I'm going all in with 10k, considering loans

[Anonymous No.26382833]

Is this legit? I started farming a couple mins ago and ive already farmed 1/4 of my total bao? wut

[Anonymous No.26382894]

>>26381788
last week i was having trouble getting it through even on fast transfer speed. then i got a good gas price and confirmed standard, open up the MM tab where it says pending and did the speed up option to upgrade to fast. took 10 secs from there and cost like $70

[Anonymous No.26382933]

>>26382833
what pair are you using?

[Anonymous No.26382966]

>>26382712
~$60

[Anonymous No.26382991]

>>26382833
Look at the decimal point

[Anonymous No.26383075]

>>26382991
well rip... why tf would I need to know ive earned .5 of a BAO

[Anonymous No.26383122]

>>26382933
BAO-ETH LP token

[Anonymous No.26383561]

>>26383075
>>26383122

lol, yeah currently bao eth earns your stack size in about 3.5 weeks. but don't hate on half a BAO. every BAO is special, every BAO is great!

[Anonymous No.26383828]

>>26377228
He is active on the discord.

[Anonymous No.26384014]

>>26363627
How do i farm this?

[Anonymous No.26384093]

>>26382833
you're reading it wrong lad, ur mistaking the . or ,, another anon did the same thing the other day
ull make ur stack in a month

[Anonymous No.26384102]

>>26384014
https://chainwave.substack.com/p/farming-bao-token

[Anonymous No.26384204]

The BAO token is literally useless until synthetics are available which isn't for another year. You are literally sending your LP-tokens to a worthless contract that is owned by a single person. Smell like rug???

[Anonymous No.26384506]

>>26384204
Retardo, all this means is that the price is cheap because we're early. We've already verified we can trust Baoman. I'm sorry your instincts and ability to research sucks

[Anonymous No.26384581]

>>26384506
How have you verified that you can trust him?

[Anonymous No.26384582]

Is it worth farming BAO given the gas fees at the moment? Anyone can give me a TLDR why it would be profitable?

[Anonymous No.26384597]

>>26384506
he 'seems' trustworthy but he also has the ability to steal millions of dollars in staked LP tokens because of a 'contract bug' at any point up until a year from now

[Anonymous No.26384621]

>>26384482
>>26384482
>>26384482

It's a cup and handle bros...we're gonna make it

[Anonymous No.26384625]

>>26382966

for a 3,5 mil baolet like me is it worth it in the long run?

[Anonymous No.26384806]

Just a humble farmer, tending to his Bao.

[Anonymous No.26384821]

>>26384581
Direct conversation and paying attention to context(I trust SushiSwap). Grill Baoman and he will validate that he's capable of executing. Research the opportunity and details of the situation and notice that Baoman conning for a rugpull at this stage requires paranoid conspiracy tier conclusions to make it make sense.

[Anonymous No.26384897]

>>26384806
what does locked bao mean?

[Anonymous No.26384899]

>>26384821
the thing that is weird is he's not putting his identity on the line
that smells bad

[Anonymous No.26384939]

>>26384899
and that the only purpose of staking is for collateral on synthetic assets, which wont be available for a year

[Anonymous No.26384980]

>>26364102
the website scared me

[Anonymous No.26385006]

>>26384897
It's bao that was harvested. 95% is locked for a year and then distributed daily for the next 3 years.

[Anonymous No.26385259]

>>26384625
I wouldn't stake all of it but sure why not

[Anonymous No.26385297]

>>26384899
Not really. I'm sure SushiSwap knows who he is. I wouldn't release my identity either.

>>26384939
? The purpose of staking is to distribute the coin and provide liquidity. Right now the coin is used for governance until implemented on Sushi

[Anonymous No.26385356]

So much fud in this thread that it only makes me wanna buy more

[Anonymous No.26385380]

>>26384621
Yeah I looked at it earlier, started looking bullish and I was expecting a drop tbqh. This thing might be fucking huge and i have no more to put towards it

[Anonymous No.26385487]

>>26385297
>I wouldn't release my identity either.
literally why
the only reason not to is to salvage your reputation if you scame OR if you dont succeed at the project
there is no reason not to release his identity, having a real identity in a project lends credence to it
this seems scammy even if it isnt

[Anonymous No.26385630]

7.5m BAO - aigmi?
is contract locked? whats the probability of a rug pull?
this coin sounds too good to be truth imho hopefully the dev knows what hes doin

[Anonymous No.26385729]

What is bao discord?

[Anonymous No.26385863]

>>26385729
dicor .gg/BW3P62vJXT

[Anonymous No.26386285]

It keeps failing when I add liquidity and charging me fees bros, what do I do? How do I get these buns in the oven?

[Anonymous No.26386506]

>>26386285
show a pic of the tx window

[Anonymous No.26386692]

How many million BAO to be worth farming with? What pools you guys doing?

[Anonymous No.26386695]

>>26384899
He's dealing with creating synthetic assets. He may be in legal no-no zone if this potentially gets big and we have people essentially trading crypto stocks on Sushi. Although he's anonymous he's been extremely active and transparent to the community. He's a little bit of a prude though - didn't like someone asking how much a suicide stack is. But imo that makes him a bit more trustworthy.

>>26384204
The contract is copy+paste from sushi. You can compare them side by side if you want.

>>26384582
Depends how much you're staking and what pool you're entering. If you don't have enough to pool maybe $500 worth then maybe wait until xDai migration. Otherwise most people this far have already gotten their gas fees paid from the 5% return after about a week of farming. No idea how rates will be going forward though. So just kinda think of the calculated risks. You make s lot of BAO very fast.

[Anonymous No.26387187]

>>26382377
Isn’t there gonna be a 1:1 contract to exchange the token?

[Anonymous No.26387978]

>>26373786
So you’re saying some amount of the Bao supply is being destroyed through transactions?

[Anonymous No.26388087]

that was so nice just now~~~

[Anonymous No.26388318]

>$110 gas fee to stake 888 BAO-ETH
Why is this kike shit allowed?

[Anonymous No.26388330]

>>26386285
Increase slippage to 3% and don't choose slow speed

[Anonymous No.26388361]

>>26388318
Just wait for gas fees to be lower

[Anonymous No.26388384]

how do we cash out bao to our banks if we ever make it
you need to show the bank you bought the asset, i can do that with eth and other stuff bought on cex, but how can i do that with bao principal bought on uniswap and especially HOW CAN I EXPLAIN THE FARMED BAOS to my bank once i cash out hypothetically?

[Anonymous No.26388460]

>>26388361
Kadenaswap will save us.

[Anonymous No.26388513]

>>26388384
You don't. You just swap for more Link BTC

[Anonymous No.26388559]

>>26388513
then you need to show where you got the link or btc, the problem is still not solved
arent we all fucked?

[Anonymous No.26388722]

>3 days of staking

Holy shit I've never farmed something so comfy before.

[Anonymous No.26388768]

>>26388722
How much did you stake?

[Anonymous No.26388824]

>>26388722
about $20k worth in multiple different pools

[Anonymous No.26388868]

>>26388824
meant for >>26388768

[Anonymous No.26388895]

>>26388559
Just cash out from your exchange of choice to your bank, at most they would reject the transfer and you just go to another bank

If you are a burger or anyone under a shit tax regime the taxes are a much bigger problem. But if you really make it just move elsewhere

[Anonymous No.26388921]

>>26388868
Thanks, got it
yagmi

[Anonymous No.26389050]

>>26367688
Its absolutely retarded that ppl are falling for this shit.

[Anonymous No.26389056]

>>26388895
yeah i guess, still the cashing out and banks rejecting you "funny money" fud gets to me

Ive cashed out 4K before ez pz and had no problem, but there's a difference with big sums and i know the kikes at my bank will do everything they can to refuse me cashing out

[Anonymous No.26389111]

>>26379534
so you doubled your stack, and bao has gone up 3x in that time. You've done ok anon

[Anonymous No.26389127]

>>26389050
you dont understand, the 4 year wait is for your locked bao that you earn, you can unstake your lp tokens and get your bao/eth principal back whenever u want

[Anonymous No.26389141]

>>26363822
checked
>>26365655
>>26367177
>>26367688
>>26368866
>>26370633
>>26371822
>>26373655
>>26373688
>>26374199
>>26374766
>>26375499
>>26375844
>>26378077
>>26381788
>>26382377
>>26382777
>>26382833
>>26382933
>>26382966
>>26383122
>>26384899
>>26388722
>>26389111
read the white paper

[Anonymous No.26389184]

>>26370352
200 is not worth staking. You have to approve the token create LP tokens stake the LP tokens then unstake the LP tokens then convert the LP tokens back to the oringal pair at these gas prices that going to cost you for the first part 100 bucks. For the exit part who knows what gas fees will be

[Anonymous No.26389268]

>>26378451
Honestly the genuine conversation in this thread has me pretty sold.
However I remember threads feeling this helpful/organic last year when the ghost train was rolling, but putting in a casual 500 just in case this takes off feels reasonable.

[Anonymous No.26389531]

>>26378451
BAO GANG BAO GANG BAO GANG BAO GANG

RBC is such a fucking scam, the shilling is so inorganic, thus it is a newfag magnet.

[Anonymous No.26389607]

What's the downside of farming on a high APY pair?

[Anonymous No.26389626]

>>26382377
Long term vision = stake now
Shorter term or giga poorfag = wait for xDai bridge, the bridge fee will cost a bit too but once you're over you ain't paying big fees no more.

[Anonymous No.26389671]

>>26389268
Anyone that got in early on the ghost train should have made some money
Now we are somewhat early

[Anonymous No.26389915]

>>26389607
you have to hold onto a piece of shit coin

[Anonymous No.26390005]

i think im too retarded to understand this. i'll just stick with rubic

[Anonymous No.26390243]

>>26389671
Yeah I comfily turned 1k into 10k, but it would have been 20 but I was sleeping when ESH initially crashed post whitepaper controversy so I sold part way through the dump.

I'm pretty convinced on BAO, you all seem reasonable/white etc.
Will buy some, but I should hold off before staking to avoid fees? Or is the staking gains worth starting now?

[Anonymous No.26390883]

>>26390243
this pretty much >>26389626
depends on your stake size

[Anonymous No.26390901]

>>26390243
Depends on your investment.
Wouldn't bother with < 2.0 eth

[Anonymous No.26391218]

When i look at the BAO menu it says that the apy is loading for me. Is this a known bug?

[Anonymous No.26391238]

>>26391218
Just wait or switch metamask test from main to test then back

[Anonymous No.26391262]

>>26391218
Yes. CTRL+F5 or reset your router.

[Anonymous No.26391459]

>>26370352
>>26370443

I am a fellow stacklet, but I got in early enough it will have been worth it to farm. At this point, $200 won't work out by the time we hit the exchange - You will only be able to buy like 300k Bao once you account for equivalent eth stake and fees.

$400 might offset (Probably looking at like 700k Bao, but that will translate to about 24k per day farm for next 3 weeks. MAYBE) but it depends on how things progress with the APY for your pool. You'd need to look really closely and make sure you understand Uniswap LPs properly so you don't get up with a 'not enough eth' message REEEing out on the bathroom floor.

Even buying and HODLing this will be highly profitable without farming, anon.

[Anonymous No.26391574]

>>26379534
WAGMI fellow poorfag, this is our springboard.

[Anonymous No.26391594]

I’ll have one billion bao next week.
Am I going to make it?

[Anonymous No.26391595]

I've been in BAO for 2 days now. When i stated the BAO-ETH pair had an apy of 1700%, now its down to 900%. Will this keep going down this fast?

[Anonymous No.26391704]

I have 1118 tokens staked since yesterday, is this worth it/am I gonna make it?