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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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27163571 No.27163571 [Reply] [Original]

>It's like SNX + Aave, but for Uniswap, SushiSwap and Balancer.
>Rather than re-invent the wheel Bao creates new features for existing protocols.
>The BAO token acts as a governance token for the fully community run project. It is also backed by the insurance fund where all Bao fees go.

https://www.bao.finance/
https://docs.bao.finance/


Who comfy rn?

>> No.27163693

Fractal looking good, just hope the double bottom doesn't end up being a Werdna head and shoulders.

>> No.27163789

>>27163693
>Werdna head and shoulders

how autistic are you?

>> No.27163817

>>27163571
Anyone taking advantage of the rep rouge APY?

>> No.27163896

FEELS FUCKING GOOD BAO BROS
feel good to be vindicated.
1bil marketcap waiting room

>> No.27164056

>>27163789
Autistic enough to have finished Wizardry IV without a guide.
Except for the pyramid.

>> No.27164063

Can't believe it's still pumping. 200 -> 2500 now.

>> No.27164182
File: 89 KB, 1280x720, maxresdefault (5).jpg [View same] [iqdb] [saucenao] [google]
27164182

Minds needs BAO spam. Lots of alternative platform friendly folks there.

>> No.27164188

>>27163896
>>27164063
bao bros stay bao-ing

>> No.27164239

it's a clam.

>> No.27164367

This is better than diamond!
BaoMan rules

>> No.27164584
File: 79 KB, 1107x1280, 5877AA9C-61CF-4F54-AB53-FEEB78AC2005.jpg [View same] [iqdb] [saucenao] [google]
27164584

>>27163571

>> No.27164590

just bought the top to prevent you faggots from making more profit

>> No.27164623
File: 66 KB, 640x640, 1610251136569.jpg [View same] [iqdb] [saucenao] [google]
27164623

>>27163571
I've been staking for a few weeks now and have made ~$150 on the ~$100 worth that I staked. Can someone enlighten me what "locked bao" is and why none of mine is locked? Is that good or bad?

>> No.27164687

BAO BAO BAO BAO BAO BAO BAO

>> No.27164734

RIP little garlic

>> No.27164790

$0.01 EOM

>> No.27164864

>>27163571
cutest tooth Ive ever seen

>> No.27164904

>>27164584
Thats fucking cute, bless the meme makers for this token
>>27164590
Thank you, I want it to dump about 20% right now so I can add to my stack and minimize IL on my farming.

>> No.27164917

>>27164790
0.001 is the top

>> No.27164997

>>27164623
95% of that will be locked if you harvest it (which also automatically happens when you stake/unstake LP). The other 5% gets withdrawn to your wallet

>> No.27165028

>>27164623
When you harvest BAO 95% becomes locked and will be released to your wallet over 3 years.

>> No.27165046

>>27164904
kek, have fun waiting 3 years for those farming "rewards" and paying more in gas than your "profits"

>> No.27165045

>>27164917
>t. looked at chart for the first time today and didn't dyor

>> No.27165127

>>27165046
Ok bud, you do you. Not everyone can make it.

>> No.27165139
File: 80 KB, 300x267, 683BCD52-BFDC-45CF-B3F0-CFF588B36364.jpg [View same] [iqdb] [saucenao] [google]
27165139

>>27164790
Kek wills it

>> No.27165214
File: 110 KB, 667x1110, lockedbao.png [View same] [iqdb] [saucenao] [google]
27165214

>>27164997
>>27165028
Oh so the only reason it shows pic related is because the amount is so low?

>> No.27165215

>>27165046
>Lol imaging waiting for things.
Inside the mind of a 12yo nigger.

>> No.27165282

>>27165127
>>27165215

extreme cope. see you both at .00001

>> No.27165442
File: 130 KB, 1200x800, 1611268908417.jpg [View same] [iqdb] [saucenao] [google]
27165442

those who know, know

>> No.27165452
File: 96 KB, 970x532, 1607832590401.jpg [View same] [iqdb] [saucenao] [google]
27165452

>>27165282
get the fuck out this is a comfy bao thread

>> No.27165484

>>27165282
see you at 0.10 end of february

>> No.27165496

This pump doesn't surprise me at all. People are finally getting past the fact that this isn't just some meme-able food token. Sushi and yfi are going to lead the next leg of this golden bull run, and projects that tap into that ecosystem are going to the ones to succeed. Defi is continuing to mature faster than anyone thought possible and year old tech like aave and snx are going to become obsolete soon thanks to forwarding looking projects like bao.

All hail BaoMan

>> No.27165544

>>27165442
bao has such good meme potential, did you make this?

>> No.27165570

>>27165452
bao just topped. imagine buying a cartoon garlic at $1B mcap.

>> No.27165573

fuckk i told myself yesterday to buy when there is a dip
I'm buying now

>> No.27165607

>>27165496
also the token burn was really really nice last night

>> No.27165650

>>27165484
0 chance. I would make $2M+ if that happened

>> No.27165689

sold this morning, project is far from done, most likely gonna buy next dip,really interesting coin.

>> No.27165817

BAO is like a fleshlight for your life.

I love this coin more than I love my future spoilt rich kids.

>> No.27165835
File: 296 KB, 794x737, pink-green-wojak-mess.png [View same] [iqdb] [saucenao] [google]
27165835

>>27165650
just hodl & believe anon
it's cute & has an actual use case, we just need one elon tweet to get there

>> No.27165921

Man. I wish I bought more BAOS when this came out. I hate myself.

>> No.27165935

>>27165607
Yeah BaoMan is clearly a very savvy businessman (15+ years of experience). He said a while ago that he wasn't going to burn unless there was a reason, then he just happened to find (what was admittedly a valid) reason last night and do the burn right as we were dipping from the new ATH. Im investing in BaoMan just as much as the project idea

>> No.27165952

>>27165214
You have not harvested any yet. Don't bother it costs fees. if you stake or unstake it will harvest automatically anyway.

>> No.27165954

>>27165689
it's done price wise. dev literally made $500M in a month, you think he won't dump on you plebs?

>> No.27165975
File: 41 KB, 310x594, unknown-19.png [View same] [iqdb] [saucenao] [google]
27165975

>>27165046
MoSt people get their gas fees back within a week of farming and the rewards are distributed DAILY over the course of 3 years.

>> No.27165977

>>27163817
What do you mean anon?

>> No.27165996

>>27165442
This!

>> No.27166032
File: 66 KB, 720x1520, Screenshot_20210130-103457.png [View same] [iqdb] [saucenao] [google]
27166032

We need to get Styx to shill BAO.

>> No.27166048
File: 1.11 MB, 1374x1499, 1611335117310.png [View same] [iqdb] [saucenao] [google]
27166048

>>27165544
I didn't, but checked

>> No.27166130

Just picked up a small profit off Doge, rolled that to SHIB, picked up some more. Is Bao my next stop or is that rocket already too high?

>> No.27166240
File: 87 KB, 1287x830, Bao_to_the_moon-1.jpg [View same] [iqdb] [saucenao] [google]
27166240

>>27165954
He literally just BURNED 1.2M USD worth of tokens last night. If he was going to dump, that was the opportunity to do so. Imagine flushing $1.2m down the toilet if you plan on scamming rather than trusting in the long term growth of your project.

Proof:
https://etherscan.io/tx/0xd85f3be822c0d64c9f20e97330d61d641ce5e26b430c02e7c6288d7cad4bce4d

https://etherscan.io/tx/0xd85f3be822c0d64c9f20e97330d61d641ce5e26b430c02e7c6288d7cad4bce4d

That was at last night's prices btw, so that's worth more than it is now.

>> No.27166256

>>27165046
ETH 2.0

>> No.27166287

>>27165975
I suggest you take your free $1k and sell before that's worth $10 again

>> No.27166310

>>27165975
That looks like ponzi. Is it ponzi?

>> No.27166408
File: 62 KB, 976x850, 148725.jpg [View same] [iqdb] [saucenao] [google]
27166408

I better fucking make it from this shit. I've missed literally every moon and everything I buy dumps.

I have 21m stacks (initial) and have about 60% farming in the pool.

>> No.27166436

>>27166240
>burn 1% of his bag to pump the price 100%
baoman dump is imminent. don't say I didn't warn you.

>> No.27166549

>>27165607
Anon dev burns tokens from the treasury (supposed to be governed by token holders, read the docs, he describes it as an 'insurance policy' in case the token crashes and burns -> at least holders will have their share of the treasury) purely to prompt a pump in price.

Why does baoman care about the price at this stage? Why wouldn't he put the use of those funds to vote? Or spend them on something to further the project?

Right now bao has no product. Its another yield farming pNd. Synthetics don't exist through bao yet, and you're just praying that baoman manages it (q4? Sure) before a competent team with more funding does.

Full disclosure I bought at .21 eth and sold at .5

>> No.27166591

>>27166310
Its an experiment in modern defi tokenomics. Which i know that sounds like a ponzi, but the whole point is to be a "fair distribution" of governance power over a community led project.
So its actually designed to be the opposite of a ponzi and semi-whale proof

>> No.27166598
File: 585 KB, 938x2381, 1611910273416.png [View same] [iqdb] [saucenao] [google]
27166598

>>27166287
I've been in the project since it was 0.0001and also have a stack of a few million bao sitting in my wallet. Not selling, sorry buddy. BAO's the real deal.

>> No.27166668

>>27166549
this. I bought a stack at the top just to guarantee these baotards never make it.

>> No.27166708

Feeling comfy as fuck plan on buying more soon

>> No.27166823

>>27166549
it's always the same story. baomen sell early then grow salty and start lashing out at bao hodlers. many such cases.

>> No.27166881

>>27166598
take your few thousands in profit before it's too late, kek. if you dont, enjoy becoming an eternal bagholder.

>> No.27166901

>>27165496
>old tech like aave and snx are going to become obsolete soon
kekd

>> No.27166933

>>27166823
It hurt seeing the price today, but there's always solace in knowing you made profit and get out before the dump. God speed

>> No.27167020

>>27166933
make a trip so you can come back and we can laugh at you when bao is 0.10

>> No.27167099

>>27166408
Be patient with this one anon. We are pumping hard right now so don't be discouraged when this inevitably dumps for a bit. There is still a lot mid to long term upside so long as your hands are strong

>> No.27167103

>>27165484
But this would make me rich

>> No.27167133

>>27165835
bao's only usecase is to farm more useless token in pools that cost $500 in gas just to enter.

>> No.27167205

>>27167020
your getting defensive says a lot. I hope it all works and baoman is some genius autist and we end up with cheap synthetics. I'll buy back in when it looks like it might happen

>> No.27167221

>>27167099
final words of a soon to be eternal bagholder

>> No.27167289

>>27163571
What's a make it stack bros?
I sold some Bao today to 2x my entry price
Still have 10M Bao + 3M farmed

Enough to make it?

>> No.27167376

>>27167289
10m is the baseline i would say

>> No.27167378

>>27166901
You would have said the same thing about ARK and OMG 3 years ago I bet. Things that were once hot shit get replaced as new projects build on their success and replace their flaws. I personally see the sushi ecosystem and being the next stage and so thats where I'm investing my money. Could totally be wrong, but if I'm right I'm gonna make it

>> No.27167424

>>27166549
>>27166668
These are all jews do not respond to jewish posters and ignore all jewish posters.

>> No.27167502

>>27167133
>bao's only usecase is to farm more useless token in pools that cost $500 in gas just to enter.

Tell that to everyone else who made a killing on yfi last year

>> No.27167596

>>27167376
if it dumps, I'm going to ape back in. I want to get to 20M Bao

Also, does anyone think that Baoman isn't who he says he is? Like the project got way more traction and partnerships than a regular old shitcoin.
It was barely a million in marketcap when it landed a partnership with Sushi
xDai changed its entire roadmap to fit Bao
Baoman is somehow able to write long responses on Discord AND write code
Somehow, major influencers shill Bao even though its not a pump and dump like R3FI

Something's up

>> No.27167605

>>27163571
Statera is the token that runs under uniswap, but UNI is the governance coin. i think bao is the same as statera, used as kindle to burn in transactions and only slowly gain value in time. Bao should release a 2nd coin that functions like UNI

>> No.27167634
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27167634

how the fuck do i pull my shit out, do i just reduce gas fees till its under whats in my balance

>> No.27167744

>>27167205
not getting defensive anon, I just know you're wilfully missing out on a good project

>> No.27167872
File: 235 KB, 569x518, 456C4C46-25E3-4EDD-8013-F6530D10FF39.gif [View same] [iqdb] [saucenao] [google]
27167872

looking to get into BAO. should i just buy it and hold or actually farm it?

>> No.27167898

>>27167502
you realize that bao has already 1000x'd, right? $0.001 bao is equivalent to $40k yfi. screencap this.

>> No.27167904

>>27167634
Whats worse, being retarded or being a poorfag?
Because you're both.

>> No.27167970
File: 100 KB, 640x960, FB_IMG_1612033252628.jpg [View same] [iqdb] [saucenao] [google]
27167970

BaoMan and friend feeding Bao to the staking whales.

Can someone with better photshop skills meme this for us?

>> No.27167983

>>27167376
and baoman has 500B to dump on you all

>> No.27168097

>>27167898
>thinking in price and not marketcap
Retard
YFI is close to 1b, BAO is at 40m

>> No.27168151

>>27167898
You are aware of how market caps work right? And im pretty sure yfi started off at around $50. It had already done a 40x by the time I bought at 2k and I thought that was a risky buy before I fully understood the project.

>> No.27168163
File: 125 KB, 1600x616, hf2.png [View same] [iqdb] [saucenao] [google]
27168163

Just a humble farmer, tending to my BAO.

>> No.27168242

>>27167983
>500B to dump on you all
>dump
>releases slowly over 4 years while also burning...

>> No.27168299

>>27168097
>>27168151
BAO's market cap is already at $1B, retards. you are literally being fooled by the "circ supply" meme.

>> No.27168407

>>27168299
just get a small bag and stop being tsundere at this point

>> No.27168458

>>27168163
Where did you get the spreadsheet calculations?

>> No.27168459

>>27168163
Plan to harvest before the pool rebalance?

>> No.27168510

>>27167596
yeah somethings up for sure but i wont complain. i dont think we will ever find out

>> No.27168676

>>27168407
I already bought over 20M here at the top so I can ensure you baotards never make it. bao will never reach 0.01

>> No.27168716

>>27168299
Its only a meme when 50% of pre-sale or dev token get released all of a sudden 4 months after launch. Have you seen the supply curve for bao? Extremely modest and predictable. Honestly once the the circulating supply becomes impact full to the price/dilution (ie 2025) this project will actually be worth 30B+ ($.1) or it will be gone/replaced. Ill have have removes my initial at 100x by then and still have my farmed reserve to hold forever on the potential moon mission

>> No.27169107

>>27168716
your thinking is absolutely delusional. bao pumped 1000x since it released a month ago. you are retarded if you think a month-old shitcoin has proven itself to have long-term potential considering its current prices. bao is extremely, extremely fucking overvalued right now.

>> No.27169369

>>27167634
>only 73k

lmao i put in $20 a while ago and it was 250k. just let it sit at this point and come back when its worth more

>> No.27169406

>>27169107
>>27168676
>>27168299
>>27167898
reminder to newfags, never listen to anyone on /biz/. Especially retards like these.

>> No.27169456

>>27163571

3000 lp tokens in bao-eth pool enough to make it anons? stacking those baos for the long term

>> No.27169576

>>27169406
i'm warning newfags not to buy the top of a month-old shitcoin at $1B mcap that has done 1000x. enjoy getting dumped on, faggot.

>> No.27169601

>>27167634
> can't even cover $6 gas fees
never knew the struggle was this tough. kek

>> No.27169688

if you dont harvest will the earned bao be automatically locked at some point down the line?

>> No.27169803

0.0011 imminent

>> No.27169893

BAO BAO BAO BAO BAO BAO BAO
BAO BAO BAO BAO BAO BAO BAO
BAO BAO BAO BAO BAO BAO BAO

>> No.27169946

>>27168458
Just a humble farmer doing it by hand.

>>27168459
Yes.

>> No.27170280

>bought 1mil for £80
>didn’t put the rest of my stack in when I saw it starting to move
>could have turned £3000 into £30000
I am financially retarded.

>> No.27170447

>>27168459
I have a reminder on my phone to harvest before the end of Feb.

>> No.27170534

>>27170280
Did pretty much the same thing except I didn't buy that early at all and when I did it wasn't enough. I swear to god I'm going all in on the very next coin.

>> No.27170629
File: 361 KB, 584x427, a.png [View same] [iqdb] [saucenao] [google]
27170629

I only have 141 coins staked, mfw poorfag

>> No.27170966

>>27168459

when will that be?

>> No.27171017

>>27164590
Based

>> No.27171030

Got 700k of these bad boys staked, 350k already farmed in less than a week, if I can make 10x will be happy

>> No.27171203

>>27170280
It’s not too late

>> No.27171263

Man I wish I wasn't retarded and this was easier to buy in my country, I was interested as early as the first week of January but I didn't go in.
Oh well, godspeed anons, may you all have many gains.

>> No.27171362

hey im retarded. is the amount ive farmed immediately available? or is that locked for 3 years too

have not staked this yet

>> No.27171552

>>27171362
No. You have to harvest it(pay gas fees). When you do, 95% is locked for a year and then gets doled out daily for 3 years. The remaining 5% is immediately available.

>> No.27171568

>>27171362
when you click harvest 3% is immediately available and 95% is locked until December and then will start paying out

>> No.27171662

>>27171568
I meant 5% immediately available im retarded sorry

>> No.27171702

>>27171568
so is everyone going to harvest just before the december date or will the farms keep going

>> No.27171743

>>27171662
>>27171568
>>27171552
okay gotcha. thanks bros
the wording was sliding past my smooth brain

>> No.27171841

>>27171263
It's not any harder to use uni/sushi in whatever cunt you live in than any other cunt in the world. If you can buy eth, you can use a dex.

>> No.27171891

my lil bao farm dim sum

>> No.27172145

was planning on selling 800k bao since the price is booming so much, but eth fees lol.
guess i'll continue holding till i deem it worth it
love the little Bao

>> No.27172149

If I don't harvest will it harvest in December automatically?

>> No.27172176

>>27163571
i bought 38k bao 10 days ago. am i gonna make it?

>> No.27172223

>>27172176
prob not, you'll make gains tho

>> No.27172235
File: 82 KB, 963x1024, 1556904958731.jpg [View same] [iqdb] [saucenao] [google]
27172235

i am smoothbrain, is staking unequivocally better than hodling? or does it depend on the number of tokens you have?

>> No.27172369

RBC is the next BAO

>> No.27172391

>>27164790
check the dubs of truth
and green id of gainz

>> No.27172660

>>27172369
RBC is the next Pajeet-fueled PnD.

>> No.27173257

>>27163571
So is this the new pump and dump scheme here on /biz/? Who profits and who are you dumping on?

>> No.27173503

>>27173257
it's been shilled for almost 2 months now, newfag

>> No.27173597

>>27173257
Whats up, reddit.

>> No.27173649

>>27173503
I don't frequent this shithole, came here just to check if it's still a shithole and it indeed is.

>> No.27173750

>>27173257
stay poor

>> No.27173825

>>27172223
I'm here with 48k is $4800 viable I'm planning to hold for 2,5 years

>> No.27173919

>>27165214
Hey bro, this is my first time providing liquodity. I withdrew the L2 tokens(liquidity provider) to stake Bao, am I still accruing rewards on uniswap?

>> No.27173975

>>27173503
less than one month. seems like brainlets don't understand the concept of time.

>> No.27174029

Wtf.. This little onion is gonna end up changing my life.

>> No.27174084

PAMP

>> No.27174195

>>27163571
fucking needs to dip so i can increase my stack. god I want more

>> No.27174231

Hey bao bros, bought 200000 bao a week ago, so glad I did.
Lets make it to the moon, 2021 baollionaires : )

>> No.27174354

>>27174195
It'll come just wait. Some swingies will see the price and unload

>> No.27174368

>>27174231
LETS GO

>> No.27174384

>>27174029
not onion. dumpling

>> No.27174404

>>27172235
staking is better than holding right now since the apy on pools is still in the thousands of percent. staking will not be better than holding in a few months time since apy percentages will certainly decrease as time goes on.

>> No.27174525
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27174525

>>27172235

>> No.27175166

>>27173975
Look in the archives, retard. It's been shilled since December.

>> No.27175168

can swingies dump their bags? I'm trying to stake, stop hodling faggots.

>> No.27175349

>>27175166
checked the archives and the first mention of bao was literally after sushi partnership was announced, you fucking brainlet.

>> No.27175533
File: 31 KB, 360x360, 1609027876448.jpg [View same] [iqdb] [saucenao] [google]
27175533

>>27163571

question, will my tokens produce loss baos the higher the value goes?

>> No.27175629

>>27175076
the bao you bought is the bao you bought. you stake by pairing bao with an equal value of eth in either the uniswap or sushiswap liquidity pool, which in turn gives you tokens representative of the value staked. you then stake those tokens on the bao site under the pair you chose and farming happens.

>> No.27175634

>>27175533

I meant my eth-bao stakes

>> No.27175745

>>27175168
If you are staking shouldn't you be waiting for EOY payday?

>> No.27175754

WHY THE FUCK WOULD I BUY IN AT AN ATH??
>fucking idiots, wait for the incoming dip.

>> No.27175779

I don’t know about you guys but I don’t want this shit to moon rn. Like if it 100x’s, with IL I only get a 20x when I withdraw liquidity. Since I’ll only be getting most the tokens in 3 years, I’d rather it moon between now and then

>> No.27175802

Anyone have a WTFWT? variant with BAO?

>> No.27175807
File: 200 KB, 392x536, 1611302461711.png [View same] [iqdb] [saucenao] [google]
27175807

I now have $10000 in BAO from an initial investment of 2500.

>> No.27175812

WHAT IS THE MAKE IT STACK YOU ONION HEADS

>> No.27175866

>>27175812
100k

>> No.27175928

>>27175812
Probably at least 1m. You will get deflated by bigger farming stacks over time.

>> No.27176139

>>27175928
>>27175866
ok good, i have 1.8MM, thought maybe it was more

>> No.27176170

>>27175807
I'm sitting at 3,700 from ~$500. My only regret is not investing more at the start.

>> No.27176202

>>27175533
>>27175634
Yes, visit apy.vision and paste your wallet address to calculate loss

>> No.27176385
File: 1.25 MB, 1920x1080, 1552077069705.png [View same] [iqdb] [saucenao] [google]
27176385

next big pump - $SLP small love potion
100x
on binance

>> No.27176479
File: 3 KB, 405x40, Screenshot_2021-01-30_12-42-57.png [View same] [iqdb] [saucenao] [google]
27176479

We gained almost 2000 holders in the last 24 hours.

>> No.27176555

>>27176479
i think it was because of that faggot chico crypto

>> No.27176729

>>27176555
Chico and the fact it’s been on coingecko popular page for 24 hours

>> No.27176756

sold half at 11 thinking it'd dip. Big mistake it looks like especially given all the new users >>27176479

i refuse to buy back in at a higher price, anything else on your radar BaoBros?

>> No.27176765

>>27176555
ehh I dont know. Hes been shilling it moderately for a little over a week now. I dont think that new video was the catalyst

>> No.27176847

>>27176765
i dont watch chico so i didnt know hes been shilling it for the past week
>>27176756
Fuck, need to buy more bags on the next dip. if there is one

>> No.27176952
File: 89 KB, 1350x1014, 1597000803072.jpg [View same] [iqdb] [saucenao] [google]
27176952

I'm thinking into investing to bao as i'm still young and lack experience, bao seems like a pretty good project but i lack some of the base knowledge, do you know a good library or archive to read up?

>> No.27177223

>>27176952
Yes visit docs.bao.finance and lurk these threads. The price is on a pump right now so now is a bad time to buy, but keep a close eye on it for a dip back to normal steady growth.

>> No.27177424

>>27176847
yeah I'm going to keep an eye on it for the next few days, hopefully we get back down below .001, but the way its going right now I'm not very optimistic and am keeping my eyes open for the next thing -- never hurts to diversify I guess.

>> No.27177527

>>27175779
same here anon. hoping for a solid dump so my IL stays in tact or maybe ETH stops crabbing and pumps to catch up.

>> No.27177535

>>27176952
you better hurry up and get some within a week

>> No.27178099

>>27165977
Stake REP/ETH pair and get like 10000% APY on Bao, it's insane.

>> No.27178137
File: 207 KB, 1024x683, linkedin_headshot.jpg [View same] [iqdb] [saucenao] [google]
27178137

Anybody else feeling bittersweet about impermanent loss? It's great to see the project growing and more people seeing the utility, but if I just held my stack I'd be up 2.5x (in USD, so take with a grain of salt) from the value of my pooled assets. I'm legitimately too babybrained to figure out the marginal utility of continuing to farm with all the potential price movement of the BAO token itself over the next year, somebody feel like giving me their rationale/some hopium?

>> No.27178253

>>27178137
thank god i didnt stake

>> No.27178345

>>27178137
The price of BAO will plateau at some point and your farming will pick up to your IL.

>> No.27178364

>>27178137
Did you stake everything? I staked 30% of my hodlings

>> No.27178369

>>27175807
are u me, lol

>> No.27178377

>>27178137
Farming will eventually replace the BAO I'm losing from IL.

>> No.27178450

>>27178137
I fucked up too. I was gonna buy 40 mil BAO and and baoman told me to stake BAO instead. So I staked 20 mil BAO and now I can only get like 8 million out.

The 3 year lockup is a long time, woulda just been better to HODL

>> No.27178600

>>27175812
make it stack is like 20mil

>> No.27178617

>>27178137
if you're farming you're participating in the distribution phase of the token and will have more tokens than if you had held, by like 10x. everyone just holding is getting their supply diluted.

>> No.27178907

>>27178364
Yeah bud I went all in. Still pretty comfy tho.
>>27178377
>>27178345
This seems like the most likely scenario long term - I trust BaoMan to have done all the poindexter calculations to assure that my farm prospers but nobody likes missing out on easy short term lizard-brain-stimulating gains.

>> No.27179078
File: 106 KB, 828x604, 900B6BA5-9CEE-4AC1-A964-93DBC06E7E0F.jpg [View same] [iqdb] [saucenao] [google]
27179078

NOT SELLING TILL ITS 5,000%

>> No.27179244

"impermanent loss" is a stupid term for what is essentially just selling. You're automatically selling on the way up, because that's what the pool was designed to do. It's stupid to pretent like this is somehow a "loss" or something that's not really supposed to happen if we could make perfect liquidity pools, or something that you can insure against (looking at you bancor). You're putting something up for sale, someone buys it, price goes up, you miss out on part of the price increase. Viewed like this it's quite obvious why you shouldn't stake something in the very early phase when you are hoping for a x1000.

>> No.27179320

>>27179078 dude pls school me on these transaction costs. New into this and they seem retardedly sketchy.

>> No.27179389

>>27179244
That's not what they are talking about. Impermanent loss applies to the pair (such as ETH).

You can stop pooling at any time and withdraw/sell

>> No.27179481

>>27179244
>pretent
d'oh

>> No.27179493

>>27176952
>do you know a good library or archive to read up?
read the medium blog. you might want to watch videos on terms you don't understand.

>> No.27179540

>>27179320
Yes, ETH is a retarded and inefficient system. If you are just buying a small amount, the fees probably aren't worth it. How much are you spending?

>> No.27179561

>>27179389
yeah I was assuming people pool bao/eth and stake that, ofc if you're already pooling some other pair might as well stake it on bao

>> No.27179644

>>27179540
>Yes, ETH is a retarded and inefficient system.
can't wait for xDai migration

>> No.27179729

>>27178099
>Stake REP/ETH pair and get like 10000% APY on Bao, it's insane.
can you tell me how this works? How are you able to stake 2 different coins and get bao rewards?

>> No.27179817

>>27179540 I'm just dipping my feet in the pool here, no biggy. But are they proportional to funds you're using, or is it a set amount that would be crumbs on something like $1000?

>> No.27179816

>>27179244
checked but I'm a dumb idiot and even I know this isn't how it works - at least in the case of BAO-ETH farming you're replacing the rewards share of the transactions conducted using your liquidity with more of one of the underlying assets.

>> No.27179819

Sold on 19th baby

>> No.27179964

>>27179729
>How are you able to stake 2 different coins and get bao rewards?
You add equal amounts of two currencies to a liquidity pool. As payment for loaning your crypto to the liquidity pool you earn BAO.

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

>> No.27179991

>>27179816
I don't follow you at all anon

>> No.27180146
File: 43 KB, 1079x198, Screenshot_20210130-154400_MetaMask.jpg [View same] [iqdb] [saucenao] [google]
27180146

>>27178617
Where do I find that? Is that the number on my Metamask in pic? Or is that the "farmed" I see on bao.finance? Because my Metamask bao balance is going to the moon and my "farmed" has and seems to stay at .000001 of a cent at all times lol. Obviously I'm exaggerating here, but it's not really making progress, am I missing something here?

>> No.27180227

>>27167634
gas is high, check etherscan for when gas is low

>> No.27180378

>>27179644
>xD
go back

>> No.27180487

>>27180146
Go to bao.finance and connect your wallet. It should look like >>27165975

If you don't see that then you haven't made a LP token and entered then into a pool.

>> No.27180649

>>27179817
tx fees are always a set amount(that can change according to demand), no matter if you send 1 million or 1 cent. however the staking protocol has a relative fee depending on your stack size if you withdraw before 5 days pass.

>> No.27180781

>>27180378
>go back
>xDai
nice b8 faggot

>> No.27180890

>>27179991
I'm basically just trying to say that there are different variables involved. From what I understand of a basic liquidity pool, you get a share of transaction fees proportional to your contribution to the pool's total liquidity. You're relying on trade volume to outpace the impermanent loss associated with changes in price of the pair of assets you've provided to the pool. With farming, on the other hand, your return is based on the amount you receive (based on the farming contract's APY) of whatever token it is you're farming, and the eventual price of that token. But you still have the element of impermanent loss, because your pooled assets are still subject to price changes, and the amount you put in may not equal the amount you take out. The hope is then that your farming contract provides you with a greater amount of your farmed asset than you are losing to the price movements of the pool.

>> No.27180935
File: 96 KB, 635x1164, Screenshot_20210130-133632~2.png [View same] [iqdb] [saucenao] [google]
27180935

I've never won anything before.

>> No.27181003

>>27180935
how much bao you earn per day?

>> No.27181075

>>27181003
Around 750,000

>> No.27181081

Is there any way to determine how many ETH I have locked up in my BAO-ETH UNIV2 tokens?

>> No.27181196

>>27181075
shit nice, haven't tried to make any tokens so how much bao/eth did you plug in to get 5.7k tokens?

>> No.27181210

>>27181081
Visit apy.vision and punch in your wallett address

>> No.27181262

>>27180935
good job anon, you listened

>> No.27182118

Bros which pool should I join. The APY varies so much.

>> No.27182158

>>27168459
>pool rebalance
what's this

>> No.27182556

laughing like a fucking retard today boys

happy saturday

we deserve this. we truly deserve this.

>> No.27182935

is 3m a suicide stack?

>> No.27182987

>>27175349
though I don't even know what 'BOA' does, I'm willing to put 3k. And will leave it for a year, is that wise?

>> No.27183009

How do the lp tokens work when calculating percentage, like if I gave 300 tokens and the total active pool tokens is 1500 then I own a fifth of the pool? And if I redeem them the tokens get burnt and the total goes down so everyone else share goes up?

>> No.27183234

>>27181196
BAO/ETH
Starting BAO : 17888729.02
Starting ETH : 2.80

>> No.27183427

how do I make bao eth pool tokens?

>> No.27183730

>>27183427
https://chainwave.substack.com/p/farming-bao-token

>> No.27184158

how do you stake?

>> No.27184218

>>27184158
See>>27183730

>> No.27184224

>>27184158
see
>>27183730

>> No.27184367

>>27163571
>hear about this coin that is mooning 9 days ago
>buy at top
>hodl until last night
>sell at loss after first pump
>now continuously mooning and ATH
FUCK ME
How dumb am I?

>> No.27184526

>>27184367
holding this coin for a while. you are dumb trying to day trade this

>> No.27184712

>>27184367
>buy high sell low
The /biz/ way. Never sell when you’re losing unless it goes all the way to 0. Also, swingies get the fucking rope.

>> No.27184940

>>27184218
>>27184224
page is glitching
saying i have nothing available to stake even after i followed the steps

>> No.27184949
File: 32 KB, 750x673, 1602333330530.jpg [View same] [iqdb] [saucenao] [google]
27184949

>>27184367
Probably about as dumb as me, thinking that this was worth getting into while not really understanding the long-term plan and how staking/pooling/farming works. It sounds like a lucrative project if you go in early, hard, and plan on staking & pooling for years to reap the rewards of the insane APY%s.

I mean, I dunno, there's nothing wrong with trying to swing trade with this token right now, right? I don't have enough capital for a "make it" stack. I just enjoy the thrill of hopping from moonshot to moonshot and trying to time it so I don't end up bagholding.

Maybe at some point I'll find a cool project and go in hard, but I just don't feel like it's worth doing so when my capital is so low

>> No.27184954

How long does Coinbase need to verify a purchase with the bank before I can transfer it to MetaMask?

>> No.27185010

So you farm 1000 BAO per block. Are blocks increasing with volume trading it is it at a set rate?

>> No.27185075

>>27184954
Up to 10 days when I bought 10 ETH.

>> No.27185091

>>27184954

My credit card purchases go through and I have access to my eth within 15 minutes

>> No.27185103

>>27184954
4 days i think

>> No.27185146

>>27185075
>>27185091
>>27185103
shit
Am I going to miss this?

>> No.27185164

>wake up late
>BAO making me money today
Can't believe I slept through the fun. I'm having bao and dumplings tonight to make up for it. Cheers baobros

>> No.27185247

>>27185146
You can buy ETH through metamask with a credit card I think.

We're probably going to hit another dip here pretty soon so don't be too worried if you miss out.

>> No.27185266

why the fuck is it acting like i have no bao
\> 0 BAO-ETH UNIV2 Available
\> approved UNIV2 spend limit in metamask

bros

>> No.27185301

>>27185091
yeah but withdrawal is a different story.

>> No.27185319

I can't believe I put $800 into this shit and it's $10000 now. What a fucking ride.

>> No.27185363

>>27185266
no you gotta add liquidity to uniswap

>> No.27185508

Can someone spoonfeed a retard please? The rebalance happens, APY amounts are adjusted and new pairs are added while shit ones are removed. Is that all that happens in a few hours?

>> No.27185977

>>27185508
Go read the Baoman's notices on the discord. He keeps us up to date.

/BW3P62vJXT

>> No.27186020

>>27185319
When?

>> No.27186284

wait tell me
How this shit isnt going to be rug pulled after bullrun ends, if its gives passive income ?

>> No.27186559

>>27167634
always keep ~50$ of ETH in metamask for gas if youre using uniswap, gas/transaction fees be high as fuck. and honestly... you should be turning ETH into BAO rn lmao

>> No.27186733

im about to 2x my 73k bao since 0.0007 and it seems like its steadily rising, i have a smaller stack im keeping aside for shitcoins, do i also put them on bao? also whats this staking thing?

>> No.27186779

>>27163571
Should I buy now or in the next dip?

>> No.27186873

do failed transactions in metamask cost gas?

>> No.27186939

>>27186873
yes, at least a portion of it.

>> No.27186965

Is anyone checking if the buys are all coming from the same few people?.

>> No.27187053

>>27186779
It's fucking cheap NAO for a decent stack

>> No.27187054

MUSE is fucking skyrocketing!

>> No.27187057

>>27186939
fugg, i lost about 100 bucks just to transactions failing

>> No.27187101

>>27165573
sheesh, I'm still happy I bought
Better late then never

>> No.27187236

>>27186733

essentially if you add your bao with a paired token in a LP you gain a portion of transaction fees. Then, if you "lock" those LP tokens in the bao.finance site you earn bao tokens over time. It costs eth to stake, unstake, make transactions, whatever but if you plan on letting your tokens ride for a while it's a decent way to passively earn.

I bought my bao at the same price as you but I bought 1.25mm. I then added those + 0.9 eth to the Uniswap pool and then staked them on the site. The entire process cost about $200 in gas and transaction fees but in the last 5 hours I have $5 in uniswap and 38k free tokens on the website

>> No.27187275

>>27183234
How the fuck are you making me when I have more BAO and more ETH

>> No.27187401

>>27186779
>He thinks there's going to be another dip

>> No.27187492

>>27187401
What's the floor then? It's dropping now

>> No.27187706

>>27187275
That was my starting assets. IL has lowered my BAO and raised my ETH.

>> No.27187719

>>27185319
hodl until EOY. diamond hands, anon.

>> No.27187815

>>27186779
I think we're due for a correction soon. buy dip then

>> No.27187898

I'm retarded and bought a million of this a few weeks ago and staked it. Says I've farmed about 650k right now.

1. Do I get the original million BAO back and the harvest or is my initial investment that I used to make LP tokens gone forever?

2. Wouldn't >>27180935 mean that BAO has to stay in the positive for three years and not totally crash for that guy to get his full 4k?

>> No.27187904

>>27187492
No lower than .0008 this time imo.

>> No.27187945

BAO boys winning

>> No.27187993

>>27186284
Good question. Something something burning BAO to create synthetic assets. I see no reason why farmers won't sell everything after the farming period ends.

>> No.27187999

>>27187057
up slippage.

>> No.27188040

>>27187898
>Wouldn't >>27180935 # mean that BAO has to stay in the positive for three years and not totally crash for that guy to get his full 4k?
Yes.

>> No.27188051

>>27187898
Initial investment is gone forever, and you only get 5% of your harvest back. The rest is given back on a daily basis over 3 years starting in December.

>> No.27188070

>>27187993
In 5 years after the 95% lock expires

>> No.27188087

imagine you swung this when it hits a dollar

finally staked 50k bao

>> No.27188095

BAO BAO BAO MMHHHHMMM BAO

>> No.27188180

>>27188051
>Initial investment is gone forever, and you only get 5% of your harvest back.
You are fake news.

>> No.27188194

>>27188051
Sorry, I meant the losses from your initial investment is gone forever.

>> No.27188228

>>27187898
1. Yes minus impermanence losses, your bao and eth are not gone but they may have shrunk. Visit apy.vision and paste your wallet address to see.
2. Yes

>> No.27188365

>>27188087
>BAO
>$1
This can’t happen because I will have made it 12 times over.

>> No.27188507

>>27188365
Dynastic wealth will be made with BAO.

>> No.27188520
File: 233 KB, 808x805, 1500157490748.png [View same] [iqdb] [saucenao] [google]
27188520

>Bought the top

HAHAHAHAHAHAHAHAHAHAHAHAHAHA

>> No.27188738
File: 15 KB, 480x270, 52345765.jpg [View same] [iqdb] [saucenao] [google]
27188738

The fuck, is it me or does it looks like it's trending up like a parabola

>> No.27188770
File: 24 KB, 835x372, 6.png [View same] [iqdb] [saucenao] [google]
27188770

Does this mean a dip soon?

>> No.27189001

https://thebaoman.medium.com/draft-proposal-staking-rewards-and-fee-burns-34299cde6d69

baoman just posted this

>> No.27189446

I bought and sold a 100mil BAO a month ago, bros... That would've netted me a 10x. I'm starting to think I'm not meant to make it.

>> No.27189562

>>27189446
because you don't know how to hold
you can literally buy in now and wait another month and you'd have another x10
just be patient anon
now don't buy in
Wait 3 days to find out where this settles then try

>> No.27189568

>>27189446
dont put this into the universe dude. You will be fine, just need to hold. This year will be great for us

>> No.27190209

>>27189446
Just fucking hold. You had an amazing staking stack you fucking retard.

>> No.27190497

>>27189562
>>27189568
Thanks bros. I plan on hoping back onto the BAO bus once the correction arrives. Just sucks knowing I could've broken into 6 figures had I not been a swingie.

>> No.27190679

>>27190497
How much did you have?

this shit literally got me from low 3 figs to mid 5 figs, feelsgoodman, still a poorfag though

>> No.27191072

>>27166549
Dev has the discretion to use 2% of the treasury for w/e without a vote as voted by the community.

>> No.27191417

>>27190679
101 mil bought for slightly under 13k

>> No.27191558

>>27163571
1 trillion supply, 34 billion circulating.

>> No.27191620

>>27191558
most will be burned, slow rollout in a year

>> No.27191841

BAO?
More like BAsedO

>> No.27192298

Clicked one too many buttons and started a transfer of 0 eth to 0 bao, lowest gas possible. I was really just buttonclicking and now it's been on the status waiting for ages. Estimated time unknown. LOL

>> No.27192465

>>27192298
Transfer 0 eth to yourself using the same nonce as the pending transaction

>> No.27193099

>>27190679
What will the correction look like? Or is now still a good time to buy and hodl? I'm in a similar spot, low 3 figures in ETH

>> No.27193750

>>27193099


All times still a good time to buy and hold, x10 from here still.

>> No.27193872

>>27188228
Shrunk is not really an appropriate term, because you will still yield profit if one of your coin has increased in value, its just a diminished profit.

>> No.27194309

>>27193750
Is there a certain amount necessary before it becomes worth it to stake?

>> No.27194752

>>27194309
About 25% on top of what you got atm

>> No.27194894

>>27194752
> .25 x 0 =

>> No.27195503

>>27192465
It doesn't work since the one above is still pending. Quite funny though.

Hm, what the hell are these prices?
Oh, I can adjust the fee?
Hell, I'll set the gas price and gaslimit on the lowest possible.

20 hours later..
I might have fucked up.

You live you learn.

>> No.27197065

>>27195503
if you put in another transaction with the same nonce as the pending transaction it will void the pending one

>> No.27197528

>>27197065
Is that possible with metamask? How do I change nonce? If I put in another transaction it just becomes another nonce?

>> No.27197858

You're an idiot if you FOMO into this. I don't even feel like I missed out because I know it's gonna crash hard.