/biz/ - Business & Finance

>>27255713
BAOBA

0.03 most likely. Token burning and synthetic assets coming soon. You're so fucking early if you're in on this now. We are making so much money that we're in disbelief at how easy this has been.

>>26415772
It's not 5% release in December. 5% is released every harvest, meaning there will always be a 5% selloff pressure. If you're farming right now and harvested, you get 5% up front, which people usually sell immediately to cover gas fees and get a free ride.

On December's unlock your locked amount pays you daily over the course of 3 years - which is less than 1% a day. Don't have the exact percentage at the moment and don't want to give an estimate to provide incorrect info, but it's way less than you're expecting. Every day until then people will already be getting 5% harvest returns, so the unlock won't have as much of an effect on the market as you think. Even right now we're getting 5% unlocks consistently dumped on the market, and demand is eating through it.

>>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.

>>26362558
About $2k worth. I'm not even rich dude, I just had sine spare shitcoins laying around to stake up. Even if that sounds like a lot to you, I already made enough that honestly even if this token tanks to nothing I've earned risk free short term gains. Playing with fire by trying to time the BAO market is just introducing yourself to high risks for no reason. Farming is safe.

If gas fees are too much for you then wait next month when L2 integration happens. But with a month's worth of farming you'll definitely recuperate your gas fees anyway. Unless you're only staking like $25 worth.