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/biz/ - Business & Finance


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File: 30 KB, 1024x1024, bao banner.png [View same] [iqdb] [saucenao] [google]
26455068 No.26455068 [Reply] [Original]

i'm not saying it's going to be, but..


>how did you get rich at such a young age anon?
>I bought these little internet onions worth half a cent when they were worth a couple of fractions of a cent
>wanna go back to my mansion I bought with my bao money? (I call it my Baose)

I don't know anything about this coin, but it would be fucking hilarious. I hope this happens.

>> No.26455113

>>26455068
I only imagine BOND at $10 after this bull market

>> No.26455249

>>26455068
onions? i thought they’re balls of dough

>> No.26455284

bao is a type of bun you fucking retard

>> No.26455286

>1trillion tokens distributed over 3 years
>50cents

>> No.26455348

It's called bao after the Chinese dumpling

>> No.26455364

>>26455286
1 trillion? Lmaoooo thats rough
Anyways, half a cent doesnt seem so bad now

>> No.26455396
File: 3.39 MB, 1500x938, 1604511625814.png [View same] [iqdb] [saucenao] [google]
26455396

>>26455068
could u imagine the raw seething of boomers when they spent years trying to escape wageslaving and this fuckin 25 year old kid buys the hous nextdoor with cash

>> No.26455436

>>26455284
>>26455348
>>26455249
it's actually amazing that the reason you are so offended is because i misinterpreted a chinese bun cartoon as an onion, and not the absurdity that this could hypothetically be our future

>> No.26455470

>>26455284
it's a dumpling you moron

>> No.26455516

>>26455113
I only imagine LINK 81k EOY 2026

>> No.26455564

what does BAO do? just a wealth storage?

>> No.26455602

>>26455068
The most realistic but extremely bullish target is 1 cent. This is going to be hyped like hell in east asia.

>> No.26455803

>>26455564
BAO stands for "balancing, automation and options"
Synthetic assets for Uni/Sushi swap and Balancer based on LP tokens.
Margin trading and limit orders to Uni/Sushi based on staked LP tokens.
Lending pools created on Uni/Sushi tokens.
Options/Perpetual Futures to Uni/Sushi based on staked LP tokens.

heres a good scenario: you are in a LP and want to trade based on it, short/long w/ margin or do options, but dont want to pay gas fees exiting the liquidity pool then doing your trade then converting back into LP: BAO will allow that to happen directly
"we are allowing users to use their Uniswap LP tokens to create synthetic assets, so they will still have their exposure to the underlying assets and the LP fees from that trade pair."

>> No.26455928

>>26455803
how do i profit from this as a BAO holder

>> No.26456034

Synthetix 2B$

Bao 15M$

Your choice

>> No.26456130

Kinda wanted to buy 100-200 $ worth of BAO but what’s up with the supply with this coin?

>> No.26456178

bought 1MM @ $255 now worth 500 let's see where this shit brings me

>> No.26456230

>>26455436
ok, now show tits

>> No.26456251
File: 520 KB, 888x894, 1610478634174.png [View same] [iqdb] [saucenao] [google]
26456251

>>26456130
Filtered, fuck off poorfag

>> No.26456267

>>26455470
>Baozi, or bao, is a type of yeast-leavened filled bun in various Chinese cuisines.

>> No.26456444
File: 86 KB, 1344x601, EscDR0qVcAInphR.jpg [View same] [iqdb] [saucenao] [google]
26456444

>>26455928
you provide the liquidity for this to be possible = more bao. the more people use it, the higher the price and the more bao you get. plus "BAO gets burned with each fee and creation of synthetics meaning the amount of BAO in circulation will decline over time." the more functional and adopted BAO becomes the price will rise and the supply will go down.
also:
"Bao will also be used as collateral where users will require:
25% of collateral limit to be held in bao for making synthetic assets.
Have margin, leverage and option limit capped at max of 5x bao balance."
the BAO itself is required for this system to work, and directly increases its demand.
ive made $172 in 3 days from farming BAO and the price going up, from my $400(ea) USD-ETH liquidity pair (and gained $4 instead of any impermanent loss). ill be switching to the BAO-ETH when pic related happens.

>>26456034
"Systems like Synthetix require that the bulk of the collateral is managed in their networks token. While this proves lucrative it also has two critical flaws:
It makes those assets idle meaning they can't be used for other purposes (such as pool liquidity in other providers)
It overly centralizes risk to a single asset infrastructure and creates double-risk exposure."
>>26456130
distributed over 3 years to prevent crashing. if you get in now and farm enough you could be looking at a decent amount of money to take out daily.
"Capturing even 1% of the global asset trade would mean a marketcap of $6.17 trillion (17.5x the marketcap of Bitcoin)"
>"the current plan is for BAO to produce a maximum of roughly 1.5T tokens over 5 years."
is a $1 BAO price really that unreasonable? defi blows up and it captures 0.50% of the global asset trade thats still $2 a token.

>> No.26456461

>>26455068
>Bought onions
anon i asked for sweet bun?

>> No.26456550

>>26456444

thanks for your effort to explain this

okay, do i farm it by staking it on the Bao finance page? if so ? when i want to deposit into the staking it wants to jew me for 0.8 ETH

>> No.26456578
File: 202 KB, 912x1024, 183122cc3cdb04236a6a998602b9c279.jpg [View same] [iqdb] [saucenao] [google]
26456578

>>26455068
This is the biggest FOMO I have ever witnessed but the "Baose" sounds fucking based. Shill me BAO you degenerates.

>> No.26456594

>>26455286

>Doesn't actually understand the tokenomics

Anyone pointing to the amount of tokens as a problem is just room temp IQ FUD.

>> No.26456602
File: 53 KB, 500x500, N.jpg [View same] [iqdb] [saucenao] [google]
26456602

>>26455348
ONION IS ONION.

>> No.26456697

>>26456550
xDai should make the staking fee like .20c, not the absurd amount it is now. so just wait till march 1'st if things dont get better.

>> No.26456724

post all BAO memes, they're kinda fun and kawaii desune

>> No.26456741

>>26456724
fucking weebs on this board

bao still based tho

>> No.26456753

>>26456741
this is a weeb website, you need to go back

>> No.26456799

>>26456753
lurking since 2010, and i still consider myself a newfag, fucking zoomer

>> No.26456871
File: 261 KB, 845x761, chuuubao.jpg [View same] [iqdb] [saucenao] [google]
26456871

>>26456550
you need an equal amount of ETH-whatever token you want to do the pool with. so im assuming you have 0.8 ETH worth of BAO, youll need that to create the BAO-ETH token to stake in the pool.
yes there gas fees now for staking/unstaking and harvesting, but it will soon be switched to xDAI or something which will make it much cheaper (just creating the liquidity pair will have a fee I believe). i too am new to this so some names of shit may be wrong.
>>26456697
youll probably make the money back by then if you have enough in the pool and BAO goes up enough. took me 3 days for $172 worth of BAO with 0 risk on ETH-USDC pair and just gas fees

>> No.26456873

>>26456741
>fucking weebs on this board

NORMIES FUCK OFF REEEEEEE

>> No.26456893

>>26456697
Yeah, this will be huge. Current gas prices are ridiculous.

>> No.26456899

>>26456578
chart go up

>> No.26457003
File: 125 KB, 962x641, 3.jpg [View same] [iqdb] [saucenao] [google]
26457003

>>26456899
Checked. How much are they minting in the next 3 years? I'll need sauce with that dumpling.

>> No.26457004

>>26456893
Wut gas prices seem fine according to Ethgasstation.info

>> No.26457145

I got a stack of this because it looks cool

>> No.26457178
File: 116 KB, 1024x1024, bao-banner.d9327cea.png [View same] [iqdb] [saucenao] [google]
26457178

>> No.26457230
File: 66 KB, 1000x1000, 1599150453472.jpg [View same] [iqdb] [saucenao] [google]
26457230

>>26457178
what a cute bun! CUUUTE!!

>> No.26457291

>>26455516
was LINK the greatest money making opportunity for average people this century?
Did I miss it entirely?

>> No.26457313

>>26455068
>wanna go back to my mansion I bought with my bao money? (I call it my Baose)
Wow I knew the people buying this are dumb. But I didn’t realise they was also this delusional.
Good luck with your Baose

>> No.26457315

>>26457230
>bun

Nofap is hard :(

>> No.26457320

>>26456444
I'm going to sell 2M Bao at 0.0006 to recover my principal
Then I'm going to add the rest of my trading stack - 5M - to my existing 5M liquidity pool
Not even going to look at it until December

>> No.26457336

>>26455068
>little onions
>I don't know anything

You got that right.

>> No.26457767
File: 1.01 MB, 850x720, chubaoeat.webm [View same] [iqdb] [saucenao] [google]
26457767

>> No.26457909

>>26457291
there are numerous coins that get talked about on biz daily that moon 300% overnight and you're worried about just missing link? just follow and lurk all the dumb shit people talk about, research them a bit, find the dev team and what they do, and wait for it to moon then move on or hold.

>> No.26458508

>>26457909
300% overnight is not the same as buying a $5B marketcap coin when it was just a few cents

>> No.26458690

>>26458508
no but you can do it multiple times over the same course of time as holding link when it was cheap. better now than sulking over missing link.

>> No.26458821
File: 256 KB, 674x561, 1611415758425.png [View same] [iqdb] [saucenao] [google]
26458821

>> No.26458950

Looking forward to earning UBI. Universal Bao Income.

>> No.26459224

If this thing got to 50 cents I'd be a multimillionaire.

And that's exactly why it won't ever reach 50 cents. There's no multimillionaire out there who's going to think "yes, dumping millions of dollars (plus gas) into this ERC20 food token that has already done a x10000 seems like a good investment."

Not to mention, current HODLers are gonna get their tokens burnt soon anyway. That's gonna be really bad press.

>> No.26459250

>>26459224
thanks, didn't buy.

>> No.26459316

>>26459224
explain to me the holders thing
I bought some BAO now I'm holding it
how can they burn the tokens i purchased?

>> No.26459333

>>26456578
You get lotta worthless bao... bao become rarer... your bao become worth more

>> No.26459893

>>26458508
you would have sold it

>> No.26459928

>>26455068
DONT TELL THEM WTF IM STILL ACCUMULATING

>> No.26460041

>>26459224
You won't get your tokens burned retard

>> No.26460675

0.0006 waiting room!

>> No.26460805

>>26459316

They can't and won't, it's an actual fud. Tokens get burned as they're used to mint synthetics whenever that comes out. Nobody knows how many will burn, so nobody knows what the price will be after the dump.

>> No.26460831

.01 is fud

>> No.26460862

>>26460675

The last spike got me a little nervous, but I think we're still going to dip once before we hit .0006. It has held .0005 all night though, so i'm not totally sure.

>> No.26460876

BAO GONNA MAKE SO MANY MILLIONAIRES

>> No.26460981

>>26455068
bought 1.7 million of these BAO memes last week and it already 2xd my money. i’m stuffing a hooker’s asshole with dumplings tonight to celebrate

>> No.26461105

Are there actual big whales in this or are they locked up farming?

>> No.26461168

>>26461105

I don't think there are any HUGE spenders in on the project yet, but I often see people buying and selling 30+eth on the charts already.

I'd be hesitant to actually invest in this yet though, wait a month to see if the dev delivers anything; Farming is supposed to cheaper then and a few other goals. I'd probably just try to trade it in the meantime, but cash out before the 27th of next month.

>> No.26461222
File: 39 KB, 750x233, A12A9758-9D78-4FEA-B287-50B854D6AC04.jpg [View same] [iqdb] [saucenao] [google]
26461222

lmao

>> No.26461229

Guys, I'm retarded. Can you explain how to buy BAO with fiat? Buy eth with my euros on Binance then transfer the eth to uniswap and change for BAO?

>> No.26461241

>>26461222

why so funniy

>> No.26461260

What is the purpose of staking the tokens? I understand you get BAO in return, but in exchange baoman is getting the returns on your LP?

>> No.26461274

>>26461222
How gas is cheap right now

>> No.26461285

>>26461168

I bought a bag awhile ago.

Buy the rumor and sell the news, you know? When it comes out, the price might not grow more.

>> No.26461338

>>26461229
you need a metamask wallet to access uniswap. If the coin doesn't show up on uniswap, add it from coingecko same thing with your metamask wallet once you buy the coins. And when you do the swap, adjust the gas price, don't do like this idiot>>26461222

>> No.26461443

>>26455068
Bought at 0.000137 odd but didn't stake. it's now worth 3/4x and I can't afford the corresponding ether to stake my BAO, what do?

>> No.26461612

>>26461338

how adjust gas

>> No.26461662

1 cent IS FUD 1 CENT IS FUD 1 CENT IS FUD

>> No.26461782

>>26461338
Download coinbase wallet, move coinbase etherum to coinbase wallet, download metamtask wallet for chrome, move ethereum to metamask, connect wallet to uniswap, swap ethereum to bao

>> No.26461811

https://twitter.com/thebaoman/status/1353359974265720833

new tweet, bullish or bearish? Too much work?

>> No.26461840

>>26461811
bullish af

>> No.26462329

>>26461811
good move, makes sense. Got to enlist as much help as possible to make sure that they can get their product out within alt season.

>> No.26462434

>>26462329
ngmi, BAO should just create a working project, not ride a meme artificial high which will collapse sooner rather than later

>> No.26462459

What a cute coin!!

>> No.26462597

>>26456267
its the literal word for dumpling, bun refers to the preparation and style of dough

t. chinese speaker

>> No.26462641

>>26462597
But Jaozi is also a dumpling, so how can "bao" be the word for dumpling? I thought Bao was the word for bread?

>> No.26462686
File: 2.03 MB, 480x270, 1607410232960.gif [View same] [iqdb] [saucenao] [google]
26462686

>>26462597
???
DUMPLING是饺子

>> No.26462702

>>26457003
docs.bao.finance

>> No.26462791

>>26462641
包 = something that contains something,a bundle, a package, an envelope, etc...
A baozi is a bun with meat, vegetables, etc... Inside but mostly for salty types of food.
If it contains sweets it could be called mantou.

>> No.26462843

>>26462791
Oh yeah. I remember mantou being steamed bread dipped in a kind of condensed milk.

>> No.26462882

Does anybody know why coinbase is showing a different value on my bao than blockfolio? I understand blockfolio may not be entirely accurate, but it's the difference of $20 right now for the same amount. Not sure which one is accurate.

>> No.26462914

>>26462882
Let me ask my baozi shop accountant

>> No.26463027
File: 74 KB, 796x282, Screenshot_20210124-105640.png [View same] [iqdb] [saucenao] [google]
26463027

>>26462882
Straight from baoman

>> No.26463033

Can someone explain how the "Locking" works for the staking? I currently have 59k gained from staking (I only put it in last night) and I am curious how it works.

>> No.26463096

>>26463027

Thanks, I was worried I got charged a double gas fee somehow.

>> No.26463177
File: 38 KB, 500x500, waves.jpg [View same] [iqdb] [saucenao] [google]
26463177

WHY U NO HODL WAVES PLEBS! LOSERS!

>> No.26463211

>>26463177
jesus christ grandpa, just send me some bitcoin already

>> No.26463216
File: 19 KB, 1141x80, Sem título.png [View same] [iqdb] [saucenao] [google]
26463216

imagine stacking this shitcoin

>> No.26463242

I became rich hodling waves from 1 to 6. LOL. Losers

>> No.26463276

>>26463216
>Brazilian is retarded

>> No.26463305

stay away from shitcoins like this.
Get Waves if you have a mind and wait to get rich.

>> No.26463310

>>26463216
wowcha

>> No.26463312

>>26463211
no son you need waves

>> No.26463334
File: 56 KB, 666x374, waves4.jpg [View same] [iqdb] [saucenao] [google]
26463334

>>26463033
I m staking usdt at waves and locked two weeks now ı can withdraw anytime

>> No.26463336

>>26463305
>>26463242
>>26463177
>>26463312

fuck off

>> No.26463338

>>26463312
kinda nailed it

>> No.26463373
File: 164 KB, 1287x1800, __aikawa_ren_and_moegi_homi_miru_tights_drawn_by_yomu_sgt_epper__df5205d5d6a9896fca52c328f6a97f33.jpg [View same] [iqdb] [saucenao] [google]
26463373

>waveposters projecting harder than ever in this thread
>BAO mooning AGAIN this moment
you hate to see it

>> No.26463377

>>26463336
someone talks to me? hello how are you

>> No.26463422

>>26463096
hope u get triple charged today :)

>> No.26463442

>>26462434
that's literally what he's doing

>> No.26463503

>>26463338
>replies himself

fuck off

>> No.26463519

>>26463336
Waves is a big ecosystem. You will regret not taking it, scum.

>> No.26463540

>>26463503
he forgot to turn on the vpn pleas undastand

>> No.26463542

How do you use uniswap without paying the massive eth fees?

>> No.26463554

>>26463519
Is some other shitcoin buy the rubic pajeets to spam waves now?

>> No.26463558

I will be rich when Waves reach 60usd

>> No.26463563

I have been trading cryptocurrencies for 4 years (like BTC ETH Waves XRP). Trade is more profitable than Hodl

>> No.26463590

>>26463542
You use it some other time

>> No.26463593

So should i farm this yet or wait for the migration? got like 3million

>> No.26463630

>>26463563
>holding waves
yeah obviously ngmi

>> No.26463633

>>26463593
wait at this point

>> No.26463639

>>26463503
because it is me who naiiled it, i wantet to emphasize that, thank you for your clarification

>> No.26463686

>>26463216
ok ok my bad, i wanted to say "kinda nailed it" to this one, but misclicked to myself kek

>> No.26463742

What a CUTE coin!!

>> No.26463759
File: 75 KB, 656x380, eth.jpg [View same] [iqdb] [saucenao] [google]
26463759

>>26463590
not a solution, it is high all the time...

>> No.26463810

newfag here
can I buy with just ETH or do I need to swap to WETH first?

>> No.26463823 [DELETED] 

Rather than buying shitcoin, I'd buy Waves XRP Avax DOT and Hodl. Maybe one of these coins will make me rich.

>> No.26463830

>>26463810
just ETH = fine

>> No.26463846

>>26463633
I already started farming it.

What will happen to what I have farmed once the migration starts?

>> No.26463872

>>26463823
it's only a shitcoin if you don't make money from it, stay salty, you had 1 month

>> No.26463905

>Food name
sorry dude not risking it.

>> No.26463907

>>26463830
are the fees the same for both?

>> No.26463908

>>26455470
except its not dumping, its literally pumping right now

>> No.26463927

>>26463759
Nope,7/8/9 AM in Spain it's like 30 gwei fee

>> No.26464143

>>26463846
nothing but the rewards will decrease and it won't be worth it, you should migrate to the new chain when you can

>> No.26464176

>>26464143
How can I do that?

Seriously I put $800 into this.

>> No.26464279

>>26464143
I mean seriously how can I migrate to the new chain?

>> No.26464382

>>26464279
>>26464176

It's not out just yet, keep an eye on the discord; baoman will send an @everyone when the date is set in stone. he recommends to unstake before the 27th right now else your gainz will be prorated down to 25%

>> No.26464404

>>26464176
>>26464279
You will have to migrate yourself, unfortunately, but guides will be done and tests are being completed right now by Baoman on making sure it's perfect. When it's time, you will know.

>>26464382
27th Jan? What timezone?

>> No.26464453

>>26464404

February, not sure what timezone; if you search the discord you'll find it though.

>> No.26464644

SUSHI is breaking out potentially, maybe that's good news ahead for BAO?

>> No.26464708

>>26464644
maybe

>> No.26464756

>>26460805
i read somewhere in the faq that its not recommended to hodl if you are not farming

>> No.26464809

>>26464756

It won't matter until the bulk of the coins start being released to farmers in december, in the short term I think it will still raise quite a bit; but I'll personally be cashing out before the coin dumps and not farming.

>> No.26464862

>>26464756

Also, i'd sell just before the migration; because a lot of people will unstake to migrate -> get their 5% -> and sell immedietly.

>> No.26464901
File: 69 KB, 748x748, 1607044806506.jpg [View same] [iqdb] [saucenao] [google]
26464901

>>26455068
I had 2 mil bao but sold it cause I didn't have enough eth to stake, now 2 mil bao is worth more than double what I paid, sweet

>> No.26464946

>>26464862

who knows. 5% may be a lot but the barriers of entry would be a LOT lower for new farmers looking to stake.

>> No.26465106

>>26455068
IM GONNA
IM GONNA
BAOOOOOOOOOOOOOOOOOOOOOOoooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooOOOOOOOOOOOOOoooooooooooooooo

>> No.26465198

>>26455068
Not sure of the supply but lets say it reached 500 billion which is in the realm of what >>26455286
said.
If the developers come through and it reaches a 250 million market cap then the value is - .0005, its current price.Absolute shitcoin.

>> No.26465251

>>26465198
Thats not how it works

>> No.26465434

How do I buy these? Through their website? Can I just buy 100,000 of these and let them sit for 5 years?

>> No.26465456

After a raping on fees just bought BAO staked as 343 BAO-ETH UNIV2. What happens now? Do I just let or accumulate long term? What about harvesting?

>> No.26465482

>>26465434

Uniswap, but the gas fees aren't going to make it worth buying 100,000; You'll spend just as much on fees as you want in coin for a chance that it might do more than 2x (which I kind of doubt at this point)

>> No.26465503

>>26465456
if u staked just let it ride till Dec.

>> No.26465516

>>26465456

You should really join the discord and read the docs, there are a ton of pitfalls involved with farming and you can get really fucked if you aren't careful.

I want all of us to make it bros.

>> No.26465551

If I had just held 1.6mil BAO, I'd have $850 right now. But because I had to split it in half to stake it, I only have $620 including the BAO I farmed.

>> No.26465556

>>26465516
mind stating a few?

>> No.26465614

>>26455113
Think bigger. $25-$50 BOND is not out of reach. Product release in Q1 will push us to $1.

>> No.26465615

>>26465556
yeah the fact that if this coin keeps pumping like it has been will lead to you getting btfo by IL. Ask me how I know.

>> No.26465621

>>26465556

you have to pay gas fees each time you stake and unstake, which can be devastating depending on the size of your stack; Pools are getting voted out so you need to be aware of which ones will still be worth it, and if you don't harvest before the migration to xDai, your rewards will be prorated down to 25% of what they are now. There are also additional fees if you unstake too fast.

>> No.26465708

I'm holding at least half of my stack until Bao is worth $1.

If you know, you know. Not reading your FUD. Going to Shanghai.

>> No.26465905

>>26465708
kek $1. 1c is possible but unlucky.

Bao bros. am i better waiting for the price to settle before farming? dont wanna get fucked IL

>> No.26465948

It's so /biz/ that people are getting mad over whether they're onions or buns or dumplings

>> No.26465988

>>26465615
how do u know :)

>> No.26466117

>>26455068
i think it just proves that Biz is full of degen gambling retards who have no fucking idea what they are doing and living on hype. But people like you still make threads and comment in other threads acting like they understand the product and have a greater understanding for what is going on. i hate you so much.

>> No.26466121

IL bros, we just need a big ether pump to even us out. And its just about to pull a BTC and rocket past its ATH. Just keep farming through FEB. Wagmi

>> No.26466128

>absolute bao ignorant here
so can someone give a quick overview about it , can i farm it on my pc like with bitcoin in 2013 or is it strictly exchange shit ? any other useful info i can get ? couldn't find shit on google about it

>> No.26466197

>>26466128

Is the "leave the computer on to farm" question a meme? I keep seeing this pop up.

>> No.26466292

>>26466117

No shit it's a scamcoin gamble, 99% of uniswap is; But thems good odds in the short term.

>> No.26466348

>>26466117
>coin releases profits slowly over three years
>dedicated farming slowly over a year for total supply
How is that gambling? BAO is the number one sure thing in crypto right now you can buy and flip it if you want but you will regret it. Smart investors are farming and taking the slow (but lucrative) yearly payouts.

>> No.26466363

>>26466197
idk , im not a /biz/ regular i just come here once in a blue moon and i'm serious about the question just want to know how can i get into it

>> No.26466366

I can imagine if it was half a dollar the people who bought in at 0.0001 would dump so hard on you, doesn’t matter when you bought in I bet whales fully loaded on this

>> No.26466401

>>26455068
can't decide if I should put my money in bao or Apollo? Anyone know the pros and cons of both?

>> No.26466440

>>26466366
the devs have like 500 trillion

>> No.26466447

>>26466366
Supply is locked babyboy. Look at the charts homo this coin is dump proof

>> No.26466459
File: 55 KB, 645x968, 1543373014615.jpg [View same] [iqdb] [saucenao] [google]
26466459

>>26466440

>> No.26466488

>>26466401
By the time you'll read this message you'd have made at leat one ETH by buying BAO

>> No.26466586

I just bought in, can somebody explain how farming works? I know how to do it, but does it eat up ETH? What if the coin explodes in value but ETH stays the same?

>> No.26466611

I bought 90 Million BAO on launch for 17 usd and sold them for 23k a couple hours later because the dev made a mistake lel. Made hilarious profits since with farming rewards but just dumped my last stack for GYSR, next one to fly like Bao.

>> No.26466652
File: 319 KB, 1824x954, impermanent_loss.png [View same] [iqdb] [saucenao] [google]
26466652

>>26466586
IL for the last question

>> No.26466658

>>26466611

I saw that on the charts, how did you get in so early?

>> No.26466688

>>26455068
if this get listed in binance noobs will buy it at
$1
$0.1
you get the picture

>> No.26466723

>>26466611

Thanks for the heads up on gysr, by the way; it looks like you're right.

>> No.26466825

>>26465198
You seem really sure about this. Isn't there supposed to be a token burn?

>> No.26466845

>>26466658
Gave you enough alpha for today anon, bless

>> No.26466925

Can this thing go x100 from here or what? I'm sick of being a poorfag.

>> No.26466928

>>26455602
BAO feels very normie friendly too.

>> No.26467027

>>26466928

I think there is something appealing about getting a lot of little things for a low price despite the huge amount of tokens minted.

>> No.26467068

>>26466688
Indeed. This is going to 1$ EOY

>> No.26467162

I said it twice lest week and once this morning. If you don't want to be poor buy BAO. Who listened?

>> No.26467209

Anons give me some fud about that sweet Little dumping, because i am feeling fomo

>> No.26467259

>>26467068
ARGGGG IM GONNA BE A BILLIONAREEEE

>> No.26467307

>>26467209
Sure, the dev is a weak point because it requires him. If something happens to him, the project is gone. 3 years is a long time and it may be redundant by then.

>> No.26467327

>>26467209

There could be a bug/exploit that would destroy the whole thing. Happened before with other food yield farming coins. Still very risky.

>> No.26467329

>>26467162
I listened... A week ago when it was under .00001 ahahahaha biz can’t recognize a gem when it’s right in their face
This coin literally prints money

>> No.26467345

So right now it says I have 200k earned BAO. I can only harvest 5% of that?

>> No.26467448

>>26467329
That's right anon LITERALLY PRINTS MONEY. And theres still more room for 15x. Are you gonna listen anon or stay on the sidelines for another moonshot?

>> No.26467488

>>26456873
>>26456753

imagine jacking off to underage cartoon girls lmao

>> No.26467598
File: 1.15 MB, 1080x1082, file.png [View same] [iqdb] [saucenao] [google]
26467598

OOOOOOOOOOOOOOOOOOO

>> No.26467823

Harvesting stops all your farming right and starts the locked/unlocked vesting process?

>> No.26467885

What a cute coin!!!

>> No.26467886
File: 331 KB, 1161x863, 1598451764840.jpg [View same] [iqdb] [saucenao] [google]
26467886

>>26465614
LMAO I wish. I would make it off that shitcoin alone and that's not gonna happen.

>> No.26467941

>>26467823
Yes, you will get your tokens back, and your eth. Minus impermeant loss. But you should get eth back (or whatever you were staking with) in value equal or close to equal in value to the lost BAO. But they will unlock in Dec over 3 years, except for 5% immediately.

>> No.26467950

why are the miner fees for this shit so much? what is this gay shit

>> No.26467969

>>26467950
>miner fees
Anon... How new are you? They're ETH gas fees.

>> No.26468033

bao bros what's the catch of the 10k APY pools?

>> No.26468058

>>26468033
Massive volatility and losing all value.

>> No.26468063

im so happy i went in days before
this will be boom to moon

>> No.26468319

>>26467969
this is my first time using Uniswap. i'm trying to swap my $25 ETH to Bao, but am having issues.. is there any way to lower the gas fee so i can afford the transaction to go through?

>> No.26468377

>>26468319

Wait for eth to stop going nutters

>> No.26468401

What should I wrap with? Should I go for the high interest menu items?

>> No.26468433
File: 200 KB, 392x536, 1611302461711.png [View same] [iqdb] [saucenao] [google]
26468433

>>26468319
>my $25 ETH
Where do you people come from?

>> No.26468437

>>26468401
go fr the dai or USD pair
keep a phat bao stack and a non-BAO pool

>> No.26468488
File: 77 KB, 247x250, 1611184970471.png [View same] [iqdb] [saucenao] [google]
26468488

WTF

>> No.26468533

>>26464809
When is the coin dump?

>> No.26468563

>>26455068
How do I buy boa I can't find it on Coinbase I only trade ETH and BTC and I want to make the jump? Anyone give me a quick run down on this magical onion?

>> No.26468580

>>26468533

December

>> No.26468592

>>26468533
Never. This is biz coin now

>> No.26468667

>>26468563
Coinbase is only for normie coins that have already achieved most of their value. Metamask+Uniswap

>> No.26468713

>>26468437
Also, I can continue to add to my BAO-ETH pool right? It's not locked?

>> No.26468730

>>26468713
yeah you can

>> No.26468747

>>26468433
i'm only planning on buying like 20,000 bao. i figure when it goes to $3 i'll be able to buy a Lambo

>> No.26468748

>>26468319
You will get raped in gas fees. ETH is pricing everyone like you out of low cap coins right now. It does suck.

https://bilaxy.com/trade/BAO_ETH
They have listed it, but it's a super chink exchange so... I wouldn't give them any info if they ask for it.

>> No.26468762
File: 2.00 MB, 2774x1506, m41.png [View same] [iqdb] [saucenao] [google]
26468762

Does anyone check the BAEX platform (#baex)? I found a post about this defi binary platform, looks like it is a new gem. A lot of instruments, bonus model and profit range from 180 to 220%. It will be good with the modern algorithm. As I get, they have Yahoo Finance quotes source.

What do you think about this project?

>> No.26468797
File: 119 KB, 330x313, majinbao-.png [View same] [iqdb] [saucenao] [google]
26468797

WE HIT 6

>> No.26468865

>>26468762
its a fucking scam, baex. piece of shit.

>> No.26469045

>>26468563
Can we all agree to ignore these mongoloids who don't know how to use fucking google?

>> No.26469058

You know that a coin is good when shills start invading its threads.

>> No.26469066

>>26469045
I can't help but help, Anon.

>> No.26469083

alright motherfuckers I am going to throw an eth in this. Should I wait for a pullback. These price shifts are fucking insane.

>> No.26469130

>>26463908
k ek

>> No.26469143
File: 5 KB, 349x147, bao.jpg [View same] [iqdb] [saucenao] [google]
26469143

am i gonna make it

>> No.26469149

>>26466652
do you get the equivalent back in eth though? DOes your fiat value go down or up or?
IL is a puzzle

>> No.26469174

>>26469083
Do half, this has been mooning nonstop it is due for a dump

>> No.26469191
File: 63 KB, 1054x533, file.png [View same] [iqdb] [saucenao] [google]
26469191

>>26469083
might go up, might go down
who the fuck knows, but a retracement down from the euphoria is the most expected IMO
it already dipped now below 6c

>> No.26469196

>>26469066
Install Metamask and buy them on Uniswap. Simple as.

>> No.26469209

>>26469143
What the fuck? Insane

>> No.26469211

I bought 1 million BAO last week and have staked it since then, it's showing that I've farmed roughly 450k since then.

If I try and withdraw do I have 450k BAO or 1.45mm BAO?

>> No.26469235

>>26469083
I waited for a pullback yesterday and it never arrived.

>> No.26469242

>>26466611
thanks for the tip

>> No.26469245

>>26469143
>earning over 250K in passive income every year
Wewz. Hope you don't get raped by the gas fees, anon.

>> No.26469271

>>26469211
your farmed tokens are locked and dispersed daily for 3 years starting in december

>> No.26469298

>>26469209
The guy threw in 70k at the start and staked pretty much all of it. He deserves it for that risk. And that was before this pump...

>> No.26469299

>>26469211
u have 5% of 450K

>> No.26469418

>>26469271

So I don't get the 1 million BAO back then? And are they just airdropped into my wallet every day or do I have to pay gas fees each time to get them?

I'm too hungover for this shit.

>> No.26469436

>>26469418
airdropped into youe wallet from what I know

>> No.26469498

>>26469418
You can unpair your 1M at any time. You can harvest up to 5% of your farmed 450k right now. It's locked in the smart contract until you harvest.

>> No.26469573

>>26455436
you are incredibly white and should unironically be forced to leave the United States permanently

>> No.26469612

>>26469083
I think it won't dump much since many holders are farming. Expect max 20% retracement but it will pump much more

>> No.26469621

>>26455436
In fact, you probably say “BAO” as in “BAOnetta”, rather than “BAO” as in “BOWser”

That’s literally how white you are

>> No.26469632
File: 1.09 MB, 498x498, 1610629099088.gif [View same] [iqdb] [saucenao] [google]
26469632

Having a 青岛啤酒 while watching 包 pump

>> No.26469661

Just buy and don’t think about it!! This is going places

>> No.26469730

https://www.youtube.com/watch?v=8dNPfxdH14I

>> No.26469803

>>26469730
https://www.youtube.com/watch?v=yfSHFX0Cfos

>> No.26470003

>>26455068
cute onion

>> No.26470059

Does it matter how many BAO-ETH tokens I have staked? I staked 160 with a stack of 250k BAO and I feel like I fucked up somehow. If I want to add more BAO do I need to pay the crazy fees to make them liquid again?

>> No.26470091

>>26468747
holy fucking kek

>> No.26470205

>>26470059
if you wait 5 days to withdraw the fee becomes much smaller, read the contract
you don't need first to withdraw to add more again

>Does it matter how many BAO-ETH tokens I have staked?
of course it does, the more the better

>> No.26470273

>>26470205
I'm just trying to add more. Do I need to make them liquid and get more tokens or can I just continue to buy BAO? The gas fees on the process raped my tender ass chocolate style

>> No.26470352

>>26462597
You're a fucking retard. Bao means bun or even bread. 方包 means sliced bread.

>> No.26470401

>>26468747
my sides

>> No.26470414

>>26470273

if you wait until the migration on march the fees will be virtually non-existant, if a 0.0001 increase doesn't offest the gas fees for your stack, just wait
poorfags do better if they hold this instead of pooling

>> No.26470415

>>26463810
Uniswap will do the routing through WETH behind the scenes if you "straight" from ETH to BAO

>> No.26470441

>>26468747
Pathetic

>> No.26470524
File: 8 KB, 188x168, 1610284712682.jpg [View same] [iqdb] [saucenao] [google]
26470524

WHAT THE FUCK WAS THAT WHAT IS HAPPENING IT EATS THE ATH

>> No.26470555

>>26470414
Thanks, so I can have unpooled and pooled ones in same stack?

So would it make more sense to just buy some and not pool them if I feel like the price on BAO may rise before then?

>> No.26470626

The greatest transfer of wealth in human history

>> No.26470627

>>26470555
yes if you want a small suicide stack of this just hold it, pooling has a big barrier entry that might fuck you up more
unless you are that guy that stacked 70k at the begining, that guy made it

>> No.26470774

>>26469149
Fiat value goes up, unrealized gainz go down. You lose bao but gain eth.
t. down 20+mil bao

>> No.26470783

>>26468563
Google Metamask and Uniswap watch a video.

But I’ll spoon feed you in the name of BAO.

1 download Metamask
2 send ETH to Metamask from coinbase
3 go to Uniswap V2
4 go to CoinGecko get contract address for bao
5 put contact address into Uniswap
6 swap ETH for bao
I’m not telling you anything further than this

>> No.26470882
File: 4 KB, 975x40, file.png [View same] [iqdb] [saucenao] [google]
26470882

who are these people I can't believe they are real

>> No.26470948

>>26470882
Every single bao thread for the past 2 weeks has been filled with retards asking how to buy $50 of bao from coinbase.

>> No.26470957

>>26470882
im thinking the same. whos trading with $100 paying $15+ in fees

>> No.26471285

Everyone thinks BAO can’t get above a cent. However if you read and as one anon explained above. Supply will decrease substantially during burns as synthetic assets are created and in other scenarios. So yes, while the supply is currently very high, the price in the short term will likely not go beyond a cent or half a cent, the long term price prediction of Bao may be much higher. You realize we are in the first 4 weeks of the project. The long term future looks very bright. I’m not going to go around saying this can be $1 right now, but it is not out of the questions as supply drops over the course of a few years. Anyone who disagrees with me is retarded and can go fuck themselves.

>> No.26471371

When is this shit going to correct? I keep telling myself not to fomo at the top but it just keeps pumping. Fuck this shit

>> No.26471408

>>26462597
Only on /biz/ would someone LARP as an illiterate chinese person

>> No.26471428

>>26471371
hit resistance but looks like it might go again.

Bao seems to be massively US dependent. Always stagnant/dips in early morning US. try then.

>> No.26471556

>>26471285
it's all about market cap
I don#t care if 50% more bao is harvested it the project goes from 5 million to 200 million market cap like honestly
as always, getting early in on a project is the most important thing

>> No.26471742

>>26459224 Stupid fucking post by a new faggot

>> No.26471834
File: 79 KB, 683x1024, 1611516894740.jpg [View same] [iqdb] [saucenao] [google]
26471834

Post your favorite bao in honor of your bao gainz. Uncultured swine permanently filtered.

>> No.26471869

>>26455436
eww you sound like a ben shapiro feminist rekt montage #1345

>> No.26471909

>>26471834
we need to raid co/ck/ sauce with this gem. whose with me??

>> No.26472008

>gas fees above $30 at the moment
jesus fucking christ

>> No.26472070

the price is fluctuating too much

*sweating*

>> No.26472144

>>26455068
>go on BAO global
>scroll to business plan
>Distribution Date - Whihin 2 weeks afer toker sale
>Whihin 2 weeks afer toker sale
>Whihin
>afer toker
... I'm out
If they can't even write a sentence how can they write code

>> No.26472203

>>26459316
>>26460041
>>26471742
>Why you should not buy Bao
>It is important to understand that BAO is not an offer for investment. It is a community project.
>When you provide yield to BaoMasterFarmer contract or to future synthetic and margin contracts, you are rewarded with the Bao governance token which lets users partake in the governance process and in the future, if the community decides, has claim to treasury assets and fees from the ecosystem.
>However, you should not buy Bao if you are not an active participant in the ecosystem and you should not use bao at all depending on your risk tolerance.
>Please do not buy or use Bao if:
>You are buying Bao as a speculation asset.
>You think Bao can only go up.
>You are concerned about short term price.
https://docs.bao.finance/risks-of-bao-reasons-not-to-use-bao

Seems like the Rubic pajeets moved onto BAO.

BAO is not an speculators asset. If you hold BAO you will get liquidated eventually thanks to dilution.

And this is exactly why this project is going to fail: as soon as pajeets who don't understand how it works get into it, it's gonna be fucked.

>> No.26472215

>>26471869
thanks for making me read that post in ben shapiros voice.

>> No.26472220

>>26471556
MC will be able to go higher when tokens are burned and supply decreases.

>> No.26472232
File: 417 KB, 2684x1070, 1611409071873.png [View same] [iqdb] [saucenao] [google]
26472232

Bros, when's the crash? This can't keep going on forever right?

>> No.26472275
File: 1.79 MB, 500x500, 1582767149815.gif [View same] [iqdb] [saucenao] [google]
26472275

>>26462434
>ignoring pumpamentals
ngmi anon

>> No.26472279

Lads should I stake or hold my 250k bao's? The gas fee for LP are 0.67 ETH, is it possible to lower it down to like idk 0.06 ETH for it to be worth it?

>> No.26472296

>>26472203
I stake bao fag you obviously don’t know shit. Shut the fuck up see you at .001

>> No.26472300
File: 38 KB, 1248x203, 1.jpg [View same] [iqdb] [saucenao] [google]
26472300

>stake
>put a low gas fee like 15 gwei

Am I stupid?

>> No.26472340

>>26472144
>I want to be sure that my early time invest is going to land me whale status
>What is investing in early projects?
NGMI

>> No.26472389

>>26472232
I’m scared too

>> No.26472395

>>26472296
Good for you. The faggots pumping this token right now are not staking, they're swinging.

>> No.26472399

so should i just farm this shit?

>> No.26472501

What are we pooling liquidity for exactly, by staking? No one is trading the pools right so what are they for?

>> No.26472565

>>26472279
Just keep it

>> No.26472690

>>26472399
Unless you have another coin to pair it with you just need to hold

>> No.26472702

>>26472300
I usually do fast https://www.gasnow.org/

>> No.26472732

>>26472690
whats the sell target boss?

>> No.26472766

this shit could be like BTC for zoomers, marketable as fuck

>> No.26472772

>>26472300
Yes. You can safely stake with a slow gas fee, but don't expect any tx to go through if you're not paying the bare minimum.
https://ethgas.watch/

>> No.26472962

>>26469412
>>26469412
>>26469412
>>26469412

new bread :)

>> No.26473089

Please stop talking about the price. The reason people are buying is because they can have a large amount. They should like that, sure, but they should know why. Shill the why you dorks.

>> No.26473189

>>26473089
whats the why then

>> No.26473251

>>26469612
>>26469235
Glad I listened and bought at .0006

>> No.26473495

>>26472772
>>26473189
>id ONIONS SHOP. SHOP ONIONS GOY.
Idk. Big numbers. Also something about how synthetics have only barely, barely, barely become exposed to good value, despite the crypto market being ripe for these derivative types. Only Synthetix does that really well right now, (1bil+ TLV) and you cannot do the types of LP you will be able to pull off with Bao.
>WETH/ETH pool, where your IL risk is essentially zero, it's just a good way of 'banking' your eth.

>> No.26474438

>>26464176
>Seriously I put $800 into this.
look at money bags over here lmao