/biz/ - Business & Finance

>>26486506
>stack: 1.54 million
>price to sell: $0.05

>$10
>800 billion supply

>>26486777
>doesnt know the massive demand for synthetics on DEXs and that creating them will burn the token
Youre not too late anon.

if it reaches 1cent I'll sell and make $8,000

I bought $80 of BAO

even half a cent is already a huge profit for a poorfag like me, i'll have enough to buy a decent car to uber and then Ill really make it, I'll make enough to fuck around in crypto and be able to spend $1k/week in it, I'll have 100k in a year

All because of this cute dumpling, I am eternally grateful

>>26486887
>total mcap of all coins and tokens
1 trillion
>bao mcap at $10
8 trillion

what a DEX? I keep seeing it

sell price 0.05, If LINK has gone parabolic, all into LINK

>>26486506
What do you guys think of the retrace? Are we going to crab for a while before a new pump?

Is it worth farming BAO? I heard mixed things.

Is Bao still cheap enough to fun stack it

>>26487209
The fee is outrageous. I guess is worth it if you have extra money to spare (2000 and up)

How to buy?

>>26487000
Nigger do you know what burn is?

>>26486777
checked. fuck this pnd bitch coin lol made a nice 6x but shit is on its last legs

>>26487209

I don't think we've even seen the start of the dip yet, I imagine we'll be back down to 0.00025 before it's over. The price hike got people in liquidity pools spooked, so they all pulled out and cashed out.

>>26486777
checked. this means it's actually gonna happen. $10 here we come nigga! Just bought 4 million thanks to this trips 7

>>26486506
Thanks for all aping in boys.
We're going to make it

>>26487251
Step 1)
GET ETH

Step 2)
Go to UNISWAP with Metamask wallet
Send ETH to Metamask
Connect metamask to UNISWAP

Step 3)
YOU PAY: Choose Eth
YOU RECEIVE: BAO

Minimum sell is at 1 cent, I should have farmed over 10 million tokens by that point if it ever comes.

>>26488599
Tell me how is the farming going. I have around 800k rn but I'm just hodling since people told me that it's not profitable to farm such a small stake

>>26486506
>10mill
>$0.25

Gave a buddy 40k ($20) yesterday. :)

>>26486506
WHO THE FUCK IS PUMPING AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAh

>>26486963
Hope you make it, anon.

My meal cost me $17USD
I hope it's tasty

I'm a retard with 85 million tokens that I bought 2 days ago but I didn't farm. Should I farm or not?

>>26490927
Do not farm. Just buy and swing trade. Farmed tokens locked for 3 years LOL

>>26491021
But in the long run, this helps BAO and your holdings too. You will be providing liquidity and making BAO stronger so what you farm helps you.

If you are poor, do not farm. If you are rich (and trust BAO) you can be richer if you farm and trade.

>>26486506
Poor blanon here
Have like 8 LP tokens staked
I plan to harvest febrary 15th to 20th just to be safe because there might be issues with harvesting later on. might take out those lp and get the 30k tokens i staked back. sitting at 13k

>>26491204
february*

>>26491021
>>26491105
Thanks anons. So farm if I don't mind waiting for 4 years. And not farm if I want to get out earlier. Got it

I'm farming about 3.5 million tokens a day with non-BAOETH LPs

>>26491555
Checked

>>26491555
Yeah farming is a gamble on the future. I'm not sure if I have what it takes.

>>26489571
Sushiswap insiders. I was telling you guys yesterday - it gets listed on Sushi today. If you know, you know.

I'm a sushi insider. BAO is going to be so fucking big. Check the archives if you don't believe me, I was calling this in the BAO threads yesterday. You're still so fucking early even if you literally purchases the top today. Sushi has very big plans for BAO and will ensure it makes it to 0.01 EoY.

>>26492237
give me another breadcrumb based bao chef

>>26492237
what's the make it stack senpai

What does it do?

>>26492237
lmao am I gonna retire on some stupid ass dumpling bullshit that I don't know what the fuck it does and bought cause of the memes

>>26492237
This was known to literally anybody who can join the public Bao discord you lying faggot.

>>26492458
Unplanned and "unthinked" events with happy endings make the best stories,

>>26492270
Sushi wants to use BAO to put synthetic assets on their platform. People are thinking small brained when they mention you can make synthetic assets of stuff like TSLA or GME stocks to trade options on. That's cool and all, but the bullish case for synths that Sushi sees is the ability to create financial markets that don't yet exist - synthetics that track things like unemployment rate, happiness index, rates of suicide, etc. These will be financial instruments that will inevitably be more accurate indicators of real world issues, and by monetizing them we create the incentive structure for greed and altruism to finally align properly.

Imagine a world where politicians are paid directly in a synthetic asset that directly tracks real world issues. Far fetched at this stage, but just getting the structure set up and people invested in these financial instruments is the stepping point for something huge.

Sushi wants to become much more than an automated market maker. They want to be a unique and game changing player in the world of DeFi. BAO plays a big role I. Their future plans, therefore Sushi will do everything they can to make sure it's a fucking success. Their success is critical to Sushi's roadmap. You're so fucking early on this if you get in now. Why do you think this shit has been pumping so hard the past few days before news drops?

If you know. You know.

>>26492500
Nope. The public discord said 27th. I was telling you guys it was TODAY. Here's my screenshot from yesterday you can look up in the archives. There was never a confirmation on today publicly posted aside from my posts yesterday.

>>26492655
What do you think the make-it stack is?

>>26492753
No, that is Baoman saying he is adding the new pools on the 27th, one of which is a Bao/Sushi pool. In the discord chat he actually stated a couple of times that they were going to add the onsen today. People knew because, as you can clearly see on that picture, it tells you when it unlocks, which has already happened.
You may be some magical sushi insider, but this was not insider knowledge, it was readily available to anyone with eyes and a brain, and as such was picked up by the discord before Baoman even posted anything regarding it.

>>26492753
I actually remember a thread yesterday where someone said listing would in fact be today.

>>26492655
I like where this is going. I mention to my colleagues (financial software consultants) that money has too low-variety to deal with the world's problems. I didnt thought this synth things as a solution for this. Thanks for your comment anon. As a thanks, let me give you a link to a relevant article.

https://www.frc.org.uk/news/november-2020/climate-pn

>>26492237
Based

>>26492799
10mm

>>26492655
>synthetics that track things like unemployment rate, happiness index, rates of suicide, etc
im not sure if being able to short happiness is a good idea considering the lengths short sellers go to when manipulating the market....

>>26486506
Devs selling. Someone posted the wallets and etherscan info in the discord chat. The transactions are huge. I bailed.

So when I tried to unpair my liquidity the txn failed and I was out of the gas. Inhad enough initially why does this fail?

>>26493335
>Just outright lying
lmao you missed out faggot, get over it.

>>26493354
Because Ethereum is shit. You have to wait for it to calm down and then pay the highest gas fee.

>>26493381
Check discord, the info is there. Not a larp

>>26486506
3.72 mil
.015

>>26493335
>Devs
It's a one man project

>>26493469
>>26493335
post screenshot

>>26493498
There are multiple wallets that the "dev" controls and they are selling. Check it out, it's easily verified

>>26493576
then post it

>>26493576
if its easily verified then just post the etherscan

>>26493614
https://etherscan.io/address/0x28ec50f64c5430327adbc95cccd58c7aa4941f4d

>>26493590
Baoman posted this in response.

>As per the snapshot the wallets can sell with in the discretionary amounts, and will re-balance the treasury for the health of the project. The dev fund is to finance development. We're currently trying to hire 1-2 devs, temporarily get a dev firm, and have money for audits.
>that stuff isn't even for me sadly :stuck_out_tongue: its for scaling the team, technically after all the costs I've sunk in I am still net negative after having taken the first month of salary. That's why I get frustrated when people are like "oh no the dev wallet is spending funds" - yes, its spending funds it told you it could fund or rebalance, for the sake of fueling development.

Everyone yelling to hire more developers and move faster, but then not wanting us to use any Bao to do it

>Any sales that wallet, or any treasury wallet does, are ones that are:

1) For the financial good of the project over all.
2) To keep the treasury stable.
3) To ensure we have development.
4) Are under the discretionary amount or are voted on.

Those funds need to be used at times to make sure this project exists, grows and moves forward in a way that is efficient, safe and secure.

>No, I am way beyond capacity and have been doing 18+ hour days, and stuff is too slow for my liking. A dev team needs to be grown more, as we are way beyond the capacity of one person. While I am capable of doing it, it is time to scale to at least a small dev team. Efficiency isn't an issue at least till 10+ staff, and even then it is manageable with small overhead. But I just want to get 2 more full-time devs.

>The treasury funds will sell or reallocate from time to time in small amounts, it's to be expected. People get so worried about all these small things and start worrying its a rug. If there was rugging going on I wouldn't be working so hard to turn users away, doing a complex migration or cutting pools. I'd spend a lot more time sleeping and not caring

I actually hopes it dips because of this fud because I'm waiting with 10 eth to buy more.

>>26493666
cool so a literal nothingburger

>>26493676
sounds like something an exit scammer would come up with

>>26493755
Go ahead and sell then. I'll buy your bags off of you lol.

>>26486506
>1mil
>i have no idea desu im scared

>>26493755
Then don't play the game

I trust the BaoMan and I will tend to my crop until I am rich or decrepit

>>26493666
>latest transaction 2 days ago
>THEY'RE OFFLOADING THEIR BAGS!! GET OUT NOW!!!

1,000,000 BAO
will consider selling at .01 minimum
Plan on farming after xDai migration
I think long term BAO can go a lot higher than one cent but it will be hard to justify not taking $10,000 for my $50 investment.

>>26493899
What mcap would we need for $0.01? I doubt BAO can reach it.

>>26492458
You too?

>>26493953
I’m not sure because tokens will be burned during synth creation.

Hi, guys. I wonder whether binary projects are better than crypto trading? As I get, it is much easier to predict price growth or falling for such indices like Apple, Tesla, Disney.

Came across Baex (#baex), a defi binary exchange, and I am interested in their referral system and mathematical algorithm for regulation. Does anyone know about this platform?

What tools do you use?