/biz/ - Business & Finance

>>30091243
BAOMAN, PLEASE, I BEG YOU! I NEED YOUR BUNS
have mercy, baoman, please! All I want are my buns. I farmed enough bao that I make what I did at my old jobs, and will for the next 3 years. Let's move my baofarmer salary up to ceo level, alright baoman? Please, just give me your buns.

>>29534455
chekked

>>28671596
yeah same, might as well minimize the amount of fees we have to pay
remember after 4 weeks you minimize the unstaking fee

>>28478684
>How is BAO different than these other uniswap tokens that have been trying to get me to part with my precious linkies for months?
BAO is going to be the synthetix for uniswap and sushiswap

>>28478684
>but you owning 30mil BAO really surprised me.
it's funny, I first looked into it because my wife said it was cute, then I actually DYOR (https://docs.bao.finance/)) and threw 5 figures in and started farming
after looking at the tokenomics and reading more about baoman, and the fact that chico crypto shilled it (he gets a lot of flack but he's good for the community) and that sushiswap included bao in their roadmap, it was clear that there was more to the project than you would initially think

obviously it's high risk high reward, and people complain about the farming mechanism but it makes sense from a tokenomics perspective
it's still alpha stage though, like I said, look for an announcement this weekend about their L2 migration (slated for March 1st)

>>28414536
baosed fellow farmer

>>28366091
Its a CORE dev. Weve reached LINK status in 2 way
>X shitcoin is the new BAO
And
>best log chart in crypto (no one can refute this)
So, naturally we have full-time, dedicated fudders. Its bullish, theyre obsessed.

>>28296047

>>28161021
>>28161082
>>28161141
You got extremely lucky to have bought BAO early and are extremely retarded to not recognize a first-mover in dex synths, BAOman is incredibly professional and ready to dole out 200k salary to a dev, and it has the best log chart in crypto. I do hope you dump, though, as you think a ~60% correction off a 300x move is a dump and clearly lucked into a goldmine. Do better, nigger

>>28031853

>>27994158
>People that farm BAO need this to stay low as much as possible for now. So they can farm more. Thats the only reason there is no shilling.
also the dev doesn't want moonboys on this project
IL is much better now, looking forward to the rollout of L2 solutions, this gas fee shit is insane

>>27798375
staying up late enjoying the chainlink all time high

>>27798417
>It will correct but there are no brakes on the bao express.
things are only going to accelerate from here, let's hope Baoman can scale up because he's about to get a whole lot busier

Hi I'm more and recently experienced a lot of gains on a crypto asset. I want to swap this crypto for another and hold it. Once I do that swap, I have to pay taxes on the gain? I don't have enough fiat to pay those taxes. All I want to do is sit in my gains. Am I understanding this right? Do I have to pay something now for holding?

>>27628723
Bao

>>27495983
>@all anons:
>do you think there would be enough interest for a DeFi / BAO explanation video?
>I am thinking of making a 5-10 min youtube video where I explain all of this in detail, but simple enough for smoothbrains to follow, whatcha think?
it would help because the same questions are asked over and over again as new people discover the project

>>27421243
>3.2 mil stake. 2 mil earned so far.
baosed
8700 LP tokens here

>>27385143
>whats good about BAO retards
read this:
https://docs.bao.finance/benefits-of-bao-reasons-to-use-bao

we had a good thread last night about farming:
>>27208740

>>27239243
Where can I purchase BAO?
-Uniswap: https://app.uniswap.org/#/swap?outputCurrency=0x374cb8c27130e2c9e04f44303f3c8351b9de61c1
-Sushiswap: https://sushiswap.fi/swap?outputCurrency=0x374cb8c27130e2c9e04f44303f3c8351b9de61c1

Before starting, please take some time to learn how Automated Market Makers like Uniswap and SushiSwap work.
-https://academy.binance.com/en/articles/what-is-an-automated-market-maker-amm

Before you add liquidity to Uniswap or Sushiswap, you should understand "Impermanent Loss" and how it affects you. You can find a detailed explanation here:
-https://academy.binance.com/en/articles/impermanent-loss-explained

How do I stake my liquidity to earn BAO?
-This article explains the basics on how to get started on your new farm:
https://chainwave.substack.com/p/farming-bao-token

My earned BAO counter is going up, but Locked BAO still says 0. Why?
-Your BAO doesn't become locked until you havest it or add/remove LP to the same pool. When you do one of these things, 5% of your earned BAO will go to your wallet, and the other 95% will show up under your Locked BAO amount.

When does Locked BAO become unlocked?
-At block 13766564, sometime early December this year, BAO will begin to unlock. Once the unlock period begins, an equal portion will unlock every day for the next 3 years. You can track the countdown to this block on Etherscan:
https://etherscan.io/block/countdown/13766564
Where can I see current and past governance votes?
-https://snapshot.page/#/baovotes.eth/all