/biz/ - Business & Finance

when is baoman going to cut the supply by 750 billion?

>>27208814
BAO Baskets should help. Once synths are out the supply should drop dramatically. Just trust in the Baoman.

>>27208740
Fuck you and your pump and dumb scheme.

Why aren't some show APY?

I'm just a humble farmer, tending to my BAO

>>27209156
you need to calculate stablecoin pool APYs yourself.

>>27209017
yes all those pump and dumps that are confirmed to be partnered with sushiswap. brainlet take.

>>27209197
damn. been here since 1/9. that stack mustve been cheap.

What is a minimum amount you'd put into farming? Are you locked in a year or can you unstake whenever? Sorry for retard questions

the APY on upbots got cut in half I'm fucking cucked by GRT

>>27209348
we're moving to xdai in less than a month. fees will be basically nothing at that point. until then you're looking at $200+ gas fees to stake. if you're doing anything less than $3000 in staking i would just wait until march.

I had 200k BAO that I put in BAO-ETH UNIV2. Am I retarded?

>>27209434
Thank you, exactly what I was looking for. It's people like you who remind me that there is good in this world.

>>27209379
that GRT pool is lookin juicy right now. 17000% APY. I was in the 1inch pool when it was released about an hour ago at 24000% and now it dropped to 1800%. got cucked hard.

>>27209440
isnt that what youre supposed to be doing?

>>27209440
yes. unless you barely paid anything in gas fees that's pretty rough. just keep it in there til march.

>>27209520
np. check out the discord. there's a ton of helpful people there.

>>27209564
idk but now I dont have enough ETH to unstake it and turn ti back to ETH

Reminder that BAO is Chinese party crap.

Does the Communist party want the best for you? Or do they want to rugpull stupid Americans? Look at the github. They have almost no code.

MUSE is a game with users and daily updated code. You can stake on it too. The only difference is that they aren't trying to scam you

Ok. So I have a meager amount of BAO, 29,000. What is the ideal target? I am not advanced enough to farm, so I will leave that to the chadbrains. I can manage a uniswap on Metamask easy enough, so how much should I invest and then inevitably forget about while I am holding?

>>27209718
i have both and i got to admit, both mooning doesnt make me happy at all, it makes me nervous about the rugpull

>>27209742
with 29,000 BAO you're better off just holding.

>>27209718
sorry this thread is for legitimate projects only. take your pajeet coins to another thread.

>>27209828
Okay, so don’t put money into this through metamask? Not even like 100 bucks, that is basically nothing.

I’l just hold and see where it goes.

>>27209440
shit how long will it take to me hit 200k again then?

>>27209965
if you want to buy more you'll want to buy through uniswap but gas fees will eat you alive.

Fuck your communist shit

>>27210123
t. noBAOer

>>27210105
Yeah. I can see that. Assuming I am okay with some loss in my initial purchase, what is a decent bag to hold?

>>27210105
I have never been this early on something, so I will learn a lesson or two no matter how it goes.

>>27210252

1.5 million bao and 500 lp tokens staked

I farmed a million bao already

We gonna make it

>>27210365
Fuck...

>>27208740
farming 250k a day. not selling til BAO reaches $50 each

>>27210365
So the only way to make it, is to farm the shit. I guess I’ll lurk more. Thanks for the info man. Obviously, this enterprise isn’t for me (yet). Back to the shadows.

>Retard here
How do I farm Bao, and how much of my holdings should I stake?

I'll buy once you stop human trafficking

FUCK YOU GET OFF MY BOARD COMMIES

>>27210570
Someone tried to explain it to me once. I couldn’t wrap my head around it. I hope you make it though.

>>27210570
>>27210661
https://chainwave.substack.com/p/farming-bao-token

>>27210449
>BAO FARM
How do you farm these?

>>27210570
1. go to uni
2. go to pool tab
3. pool BAO and ETH
4. go to bao.finance
5. go to menu and find BAO-ETH pool
6. click + button and then MAX
7. start farming

>>27210661
Thanks fren, you too. Not as early as I'd like to be, but far from late.

>>27210740
see>>27210708

>>27210661
A good coin will explain its product for you to understand.

Bad coins don't want you to know

>>27210365
I'm only a measly janitor
>>27210402
I hope anon. I believe you'll make it but I'm discouraged when you guys are farming so much a day and I'm forced to hold. I just hope this isn't another pmd, it looks like an actual token.

Why do so many retards not know how to use google and search “how to farm bao finance”

Staking 3000 lp bao-Eth

Will I make it anons

>>27210876
you'll have made it in a third world country. you'll be comfortable in a first world country.

>>27210916
How many should I acoomuluate

>>27210979
As much as you can you motherfucker it’s not that hard

>>27210840
Maybe cause the explanation sucked when we searched it. Doesn't even look worth it.

>>27208740
Okay guys I bought 2500$ of bao
wat do

>>27210979
as much as you can. /biz/ has made me very rich.

>bought ETH when /biz/ told me to
>bought LINK when /biz/ told me to

this is me paying it forward. BAO is the next piece to the defi puzzle.

>>27211107
I made 2000 dollars with an investment of 300

You are retarded if you don’t think it’s worth it

>>27211138
farm...instructions below

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

Thanks frens, I want to farm enough bao to earn the equivalent of a minimum wagie. That's about 6000 bao or 10 leaf dollars. If this works out, I can become a professional neet.

Last question before I lurk again. Can someone explain why you are sure to lose if you buy some coin and hold? Is it because there will be so many coins made, that you are basically holding on to pennies. Having to hold millions if coins seems insane, but I literally know fuck all about this stage of crypto.

see you all in Baohalla

How do you farm???? Noobfag here

>>27211141
Youre a good man.

>>27211263
because so many new BAO coins are being introduced, just holding will guarantee your coins lose your value
>>27211141
and how exactly do you discern the good from the shit?

>>27209197
based
do you have the formula you could share with us?

>>27211263
Bump for curiosity

>>27209379
>>27209532
recommends to use the UNI ETH-BAO pool for the most rewards, the APY fluctuates for others, but I still think that is the best one to go with

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

>>27210570
>How do I farm Bao, and how much of my holdings should I stake?
>>27210760
>1. go to uni
>2. go to pool tab
>3. pool BAO and ETH
>4. go to bao.finance
>5. go to menu and find BAO-ETH pool
>6. click + button and then MAX
>7. start farming

guide here:
>>27211559
>https://chainwave.substack.com/p/farming-bao-token

>word of advice, select the "fast" option, if your transaction still fails to go through, increase your gas limit and then try again with the "fast" option for gas fee, it's a bitch, but better than having to pay twice when you fail a transaction

>>27211385
not kidding you...the memes. and the fud. if something is being talked about constantly and if the memes are very good then you know you have something special on your hands. for the past 3 years this place has been flooded by LINK threads. probably 2 out of every 3 threads were LINK threads. I bought back in 2018 and have been holding ever since. ETH was the same way. while BAO is still in its infancy, its going to be something special.

Poorfag here, Soo I have 400k bao and like 8 lp tokens, should I even stake with these insane gas fees rn or wait?

what's up with transaction fees? 35 bucks fuck me

>>27211397
You give me too much credit. This is just a basic data entry spreadsheet I update everynight before I go to bed.

>>27211735
welcome to crypto

>>27211714
>>27211735

gas fees are killer right now and probably will be too high for poorfags to stake. wait until we migrate to xdai in a month and staking fees will be like 10 cents.

>>27211263
>Last question before I lurk again. Can someone explain why you are sure to lose if you buy some coin and hold?
look at the figures here:
>>27209197
should give you a good sense of why just HODLing is a stupid idea

also check out the liquidity pool on UNI
https://info.uniswap.org/pair/0x9973bb0fE5F8DF5dE730776dF09E946c74254fb3

and the APY rates on bao.finance
https://www.bao.finance/

>>27211776
>This is just a basic data entry spreadsheet I update everynight before I go to bed.
very cool bao-bro
glad to see you caking it
I liquidated some spare ERCs today to get my ETH stack up high enough to stake BAO
very happy with how smooth the process went, even though I had 1 dropped transaction when trying to buy LP from uniswap

>>27211898
Can you harvest the coins whenever you want after staking?

>>27212148
yes but you'll be paying $50+ in gas fees each time.

>>27212215
I'll hold until we migrate to xdai then. My bag's only at 100k so it's not much

>>27212361
Just be sure to harvest before the migration or your farmed rewards will be reduced.

>>27212148
>Can you harvest the coins whenever you want after staking?
the thing with harvesting is you harvest anyway everytime you deposit or withdraw your LP tokens

>>27212489
>>27212529
Thanks for the clarification men

>>27212489
>Just be sure to harvest before the migration or your farmed rewards will be reduced.
when is the migration happening?

>>27212588
>Thanks for the clarification men

>>27212653
baoman is targeting march 1st. may be earlier if things go well. keep an eye on discord/twitter for more info.

Think we'll go back up past 0.0013 peak again this week?

>Only has 2k bao
>Gas fee so high

>>27212653
Website says March 1st. I'd keep checking it for updates, though.

>>27212756
we're going to go past it in the next 24 hours. we'll be at .0015 by monday.

>>27212750
>keep an eye on discord/twitter for more info.
sounds good

>>27212816
thanks

by the way don't forget to buy assets through the BAO menu, the ref fees go to the BAO treasury and make us money
>pic related

How do I farm ?

>>27212853
9442%APY is 25% daily if i spend just 1k on ETH and GRT I can earn $250 daily?

>>27212792
>Gas fee so high
it's brutal
$100-160 gas fee for staking your BAO-ETH LP tokens from UNI

>>27212951
>How do I farm ?
see this post:
>>27211652

>>27213028
>$100-160 gas fee for staking your BAO-ETH LP tokens from UNI
and before you can do that, you need to cough up another $100-150 to get the LP tokens in the first place

>>27213028
I wish it wasn't so.
T. Poorfag

>>27212853
>GRT Gummies

Why is no one getting in on that with that APY?

>>27213026
>9442%APY is 25% daily if i spend just 1k on ETH and GRT I can earn $250 daily?
it will cost $300 in fees to get it all rolling in the first place
the cost is prohibitive but it encourages you to scale up the investment
>>27211559
^check this post, it's advisable to do the ETH-BAO pool, but you can pool on other platforms and assets
there's also a sushiswap pool you can farm on as well as a UNI pool

>>27210365
>Dishwasher
not again...

>>27213217
how long is that really supposed to last though?

>>27213217
>Why is no one getting in on that with that APY?
because it will reduce drastically with more people joining in
the most stable and best pool is probably the UNI BAO-ETH pool
check out the pools for yourselves and see which one you would be interested in though, depending on which asset you have
BANCOR is interesting, so is chainlink
however, all rewards are paid out in BAO I beliieve

>>27209197

Could you explain what you mean by daily interest?

>>27213366
>the most stable and best pool is probably the UNI BAO-ETH pool
he even says so in pic related:
>>27211559

>>27213368
I don't know

>>27210078
go suck a dick for money and turn it back to bao and eth.

Where is a trustworthy site to buy this. I hate putting my credit card info online, but I want to pump.

>>27208740
>How's your farming going?
just started this evening after loading up on BAO and doing some reading on the process and cost for farming
it's quite expensive to farm since you have to go 1:1 in ETH:BAO (in $ value)
I'm considering increasing the amount I'm farming, still have a spare 3.9 million in my wallet, but need to get more ETH to do it

>>27213583
>Where is a trustworthy site to buy this.
on UNISWAP
you can swap your ETH for BAO on uni

>>27208740
I bought 117,000 BAO and then it tripled and I can't afford enough ETH to stake it

Sucks to be poor lmao

>>27213702
kek I am going all in on this cute little bun. Probably will get bogged later this week

>>27213702
>I bought 117,000 BAO and then it tripled and I can't afford enough ETH to stake it
>>27213588
>it's quite expensive to farm since you have to go 1:1 in ETH:BAO (in $ value)
yeah, how does that work though, if BAO gets more expensive, is it worth more or less to farm it?
I'm assuming it becomes even more lucrative, especially at the early stages of the project

how about the ratio, if BAO keeps going up in price, do you need to inject more LP? does the LP value itself fluctuate as ETH and BAO relative prices fluctuate?

>>27213813
Watch this https://finematics.com/impermanent-loss-explained/

>>27213885
interesting

>>27208740

500k a day

Will I make it?

>>27208740
How do you guys find out about this shit before it's trending on Coingecko. Where's the telegram/discord I need to be in?

>>27213885
I'm assuming these losses are overcome by the gains you make in collecting and farming the asset?

>>27214045
beautiful, I'm going to inject more ETH and farm the rest of my BAO
it's just too much of a no-brainer

>>27214180
If the token you’re farming gives enough as rewards, then yes. And of course it doesn’t crater or rugpull

>>27214180

I NEED TO KNOW IF 500k+ A DAY IS MEANS I MAKE IT ANON.

I'M FREAKING OUT HERE.

>>27214166
It was shilled many times much, much earlier in January, probably around the 6th onwards. Just gotta keep on biz and filter out the shit with your own research.

>>27214301
>And of course it doesn’t crater or rugpull
too often taken for granted

>>27214487
>I NEED TO KNOW IF 500k+ A DAY IS MEANS I MAKE IT ANON.
depends on your timescale
this project is quite an ambitious one and it's very nicely organized and developed so far
surprisingly I have a good long term outlook on a food coin lol

>>27213377
It's just Day (X) interest - Day (X - 1) interest.

>>27214712

I'm viewing this as a 5-year commitment.

Actually, yeah, I'm going to make it.

I'M GOING TO FUCKING MAKE IT MOTHERFUCKERS I DIDN'T WASTE MY YOUTH ON 4CHAN FUCK YES

>>27214487
Yes but only if you sniff my feet

>>27214792
if BAO succeeds in its goals, indeed we have made it

i have 6 mil bao, but can't be bothered with all this farming bullshit, just want a 3x

fuck bros, i'm terrible at drawing. tried to make bao bobo meme. gave up

>>27214792
Im only farming 50k/day and going to make it, I cant imagine how much youre going to make it.

>42 is here
Kiss the good threads goodbye baobros

>>27216333
>42 is here
chekkked

how come everyone is able to farm millions of bao? what's the catch? if you are earning this much are you not able to sell?

>>27216794
>what's the catch?
https://docs.bao.finance/distribution-tokenomics

Bought 10mil bao. price doubled took out my initial eth out and staked the rest for a total of 4000 lp tokens. How can I lose?

>>27217447

How does 10 billion dollars sound

>>27215473
name?

So are there cheaper gas fees on the sushi pools or am I misunderstanding something?

>>27216333
goodbye

>>27215473

if you have 100mil tokens farmed by thanksgiving you'll have at least 100k since the burn rates BaoMan has proposed are astronomical. If you transfer them to sBao you'll be a millionaire by Christmas.

Bao buddies, help me understand where all this value comes from.
I went in hard on this project only expecting to make proportional gains, but again and again i am surprised by how much this project moons.
I can't imagine it's due to scarcity since I print 150k of these bad boys a day with others printing much more.
What gives? It doesnt feel real until I understand it

>>27221864
Only 5% is available to sell. Majority of the supply is locked in staking

>>27215473
there's a reason the dev says there's no point in just buying and selling
see this chart and the farming returns so you understand the dynamic
>>27209197

>>27222185
that much? wow.
Do you guys have an idea of how much UV you're planning on staking before you just let it run and reap the rewards?
currently have 900k staked, planning on staking the 3 million I have now so that would be about 1.4m more by my estimation, I think eventually I would like to have 10m staked so I can make the nice round million a day easily.

Seems like the APY got quite a lot higher this past day for the BAO-ETH pair. I only staked like a 100k on friday but staked like 300k on saturday. I was pretty consistently about 400k a day for the first week, and then 200k a day of the second...

>>27208740
I only farm gems. I’m farming bao and surf. $40k in bao and $30K in surf. 140m bao checking in.

>>27222724
>Seems like the APY got quite a lot higher this past day for the BAO-ETH pair.
I think the fact that BAO went up in price relative to ETH so much recently made it a good time to get the ETH-BAO LP token from UNI
from my 8.7 million BAO, I have about 6000 LP from UNI
do I need to "top" it up every now and then if BAO continues to climb in price relative to ETH?
ie, impermanent loss shown here:
>>27214023

>>27222364
>I think eventually I would like to have 10m staked
that becomes more difficult as BAO climbs in price since you have to provide BAO 1:1 to ETH (in dollars)
>currently staking around 9,000,000 BAO (aka 6,000 LP at current ratios)

>>27223410
pool weighting was change, so APY is way up. making like 4x more than was before. pretty based.

How often is everyone harvesting and are you reinvesting what you harvest back into the LP?

>>27223773
i'm not harvesting until i have to unstake for the xdai migration. not worth it with gas fees and you only get 5 percent of what you harvested immediately and the rest will be locked until later this year.

>>27223658
>pool weighting was change, so APY is way up. making like 4x more than was before. pretty based.
very nice

>>27223773
it harvests automatically whenever you deposit or withdraw your LP
also wait to harvest until right before the migration, you want to minimize gas fees as much as possible to maximize profit

this has been #1 Trending on Coingecko the entire day

>>27223908
>>27224090
Thanks anons, makes sense.

>>27216436
>>27216333
didnt believe it at first but it appears it is willed. what got you into bao?

>>27223658
>pool weighting was change
how often does this happen and at who's discretion?
is it a governance vote, or just the weighting changes based on the number of farmers?

If you want a coin that won't rugpull you hit us up

>>27224178
i really don't know, i guess there's some votes but baoman does what baoman does

>>27224110
>this has been #1 Trending on Coingecko the entire day
we are so early bao bros

>>27224125
https://thebaoman.medium.com/bao-v2-the-journey-86dab5a203de

Useful article on the migration and how this will reduce gas fees by a huge amount.

>>27224196
this is literally being dumped as we speak

>>27223573
wait, you get less LP from bao as it increases in price? I already knew about the escalating eth costs

>>27224295
It has a use case, investors, and a tiny supply.

Day to day bumps don't matter. We have a 100x on the horizon

>>27224132
funny enough my wife, she watched me lurking /biz/ and asked me what that "cute picture" was
looked into BAO and when I realized that you didn't need to use a base token like synthetix, it immediately "clicked" for me and I threw a fair amount of money in a couple weeks ago
it's been a fun ride so far

https://docs.bao.finance/
Right now existing protocols for synthetics (like Synthetix and UMA) require you to put your assets into a base token in order to collateralize the creation of your synthetic asset, taking on risk and losing you exposure to the underlying assets of your choice.
Instead of this, 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.

How much LP do I need to make it bros?

>>27224310
>wait, you get less LP from bao as it increases in price?
yeah it's called "impermanent loss" and it's a general feature of providing liquidity to a liquidity pool
but the losses are (ideally) negligible and offset by the gains in mining and harvesting the asset

>>27224310

Yeah two weeks ago I deposited 1 million BAO worth of staked tokens (something like 255 BAO-ETH tokens) and according to apy.vision or whatever, I lost like 60% of that (but at the same time, I've farmed 650k since then). I don't really understand it.

>>27224617
had to cough up a lot of ETH to be able to stake close to 10 million BAO
then again, rewards have been boosted:
https://twitter.com/thebaoman/status/1355707765063356418?s=21

>>27224792
You should have gained ETH too.

>>27224817
Holy shit anon are you dropping like $10k here?

>>27224915
You think this is a game?

>>27224915
>Holy shit anon are you dropping like $10k here?
mfw I took the call

>>27225045
I dropped most of my money into BTC, maybe I should switch over

>>27225045
>You think this is a game?

>>27225110
LOL damp EET

SOON

>>27224860
>>27224792
I know about that, I thought he meant I'd get less to stake when pairing the bao with eth
2.3 mil got me about 900000 back then, has that changed?

>>27225156
doesnt the water clock predate the hourglass?

>>27225122
>maybe I should switch over
BAO only represents less than 5% of my entire crypto holdings
90% of my holdings are a combination of chainlink and linkpool shares
however after doing research on BAO, it looks like a very promising project, funny how chico is shilling it too:
https://youtu.be/Muey0HjErqk

I wanted to use the GRT pool but since it's about to go up I don't want to lose them to IL.

>>27224534
> to collateralize the creation of your synthetic asset
kind of lost me here but I had that feeling from (((Him))) I usually would dodge something like this. glad to see you here, your posts have been continually eye opening and i consider them fortunate goalposts. stay safe

>>27225367
Anon's portfolio is $200k? wowzers

>>27224534
>funny enough my wife
funny how these things work out make sure she has a stack of her own

>>27225518
>anon
>42
>hasn't been accumulating LINK for literal years
Ask me how i know youre brand new to /biz/

>>27225812
I call everyone anon and yes I am new, how could you tell?

>>27211385
Fuck so buying a small amount of tokens was a goof? I can't afford to farm it

>>27225239
wtf can someone tell me what the image is?

>>27225997
It's a cute anime girl

>>27211652
synchronicity when i decided to pull the trigger on farming

Just get MUSE

BAO has shitty tokenomics. MUSE has a 400k coin supply which is leading everyone to buy it up. Literally 100 coins will change your life.

>>27225997
It's just a little joke we have at the citadel.

>>27225518
it's above 7 figures
if you stay in crypto over a few cycles and make smart plays, you too can accumulate to the same amount and more, but you have to play the long game

>>27225518
I remember when I thought $250,000 was a huge portfolio in crypto
time certainly flies

>>27226579
How do you pick which coins will make it?

>>27226299
then why is it being dumped hard right now

>>27226628
I'll be honest anon I think it's big but it's hard to believe some of these anons that share a website with other anons I know have that much money. It's a strange reality

>>27226295
42 is a very peculiar number

That tweet Baoman put out about other exchanges wanting BAO got me pretty hype
This project is fun and I feel its a great gateway for newfags to explore crypto hands on

>>27226643
by doing my own research and commiserating with other anons
you can tell when discussion is organic and when it's fake astroturf shills

also I have a background in physics and engineering so I have a good mindset when it comes to conceptualizing mathematical concepts and dynamics, which is extremely useful when looking into the fundamentals of a specific project
also have a good network of friends IRL where we discuss crypto together
have a fleet of mining machines too
basically finding ways to earn passive income through crypto via utility tokens is better than just buying a currency and waiting for it to moon (although that is important and vital as well)

>>27226689
it's funny but you're right
I started out with a small portfolio too, but after staying persistent and working hard it grew over time
in this space there's always new opportunities so it's important to stay up to date
a lot like studying STEM in university, you study or you die:
https://youtu.be/DsXZdjwlNDg

except unlike university, we can make a lot of money in the process

>>27226849
>That tweet Baoman put out about other exchanges wanting BAO got me pretty hype
very bullish
knows the fundamentals of his project are good on their own merits and doesn't have to grease the elbows of these scummy CEX's

>>27210570
took me a while to figure out, but if you follow this link you can buy BAO-ETH stake tokens and then stake them on bao.finance. Good luck anon.

https://info.uniswap.org/pair/0x9973bb0fE5F8DF5dE730776dF09E946c74254fb3

Click on "add liquidity" on this page, and you'll need a metamask wallet with ETH in it to stake.

>>27226863
That's cute anon, I wish I had friends that were this much into crypto/investing. Most of the people I know are poor/very average.
>>27226970
That reminds me, I should be studying but I am procrastinating trying to find new coins :(

What week are we at since BAO's launch?

>>27225873
there's been a huge influx of new people coming to /biz/
it's made the place livelier and more fun to be in again
good luck newfren, be careful out there and keep your wits about you

>>27211141
>/biz/ has made me very rich.
>>27211141
>this is me paying it forward.
blessed

>>27227140
Thanks anon you are so nice :D
It's such a 180 from other boards here

>>27211107
>Doesn't even look worth it.
look at the excel table breakdown near the beginning of the thread
crunch the numbers on a napkin and it becomes immediately obvious that it's worth it

>>27211291
>see you all in Baohalla
baosed

>>27211330
>How do you farm???? Noobfag here
see
>>27211652

>>27227476

Do I do anything else? Why do I not have any locked BAO?

Buy MUSE. We are buying the entire supply as we speak.

.Pump your coins in @satoshistreetbetz telegram group......

Gentlemen, as a holder of 450k of BAO with no intention to farm such a level, what will this bag of onions be worth by EOY?

>>27227892
When you claim, 5% will go to your wallet, 95% will be locked and the locked balance will reflect that.

>>27228315
how does 450k bao sound?

>>27228320
Thanks, but you pay to claim right? So it would make no sense unless I want to make more farming tokens with the 5%

>>27228315
>with no intention to farm
not much to be gained by simply buying and holding, there are other better projects for that
this coin is specifically designed around farming and you're losing if you don't
wait until the transfer to xDAI in March and look into farming after that since the gas fees will be reduced

>>27228492
everytime you withdraw or deposit LP into your stake you automatically harvest your farmed BAO

>>27228575
>>27228532

>>27227280
>Thanks anon you are so nice :D
>It's such a 180 from other boards here
BAO has good vibes
going to bed tho
good night bao bros

If you could farm 100 Bao an hour, every hour, for 4 straight years how many Bao would...

>>27228315
at best maybe 4k

>>27229063
I just want a kiss anon >_>

>>27228446
I paid $90 .... will I be able to sell for say... $9k?

Why there is no point to buy and hold? Price will decrease as inflation goes up? How many new coins daily are there?

i have 10k, how do II farm and how much could I make?

>>27228532
And what else will I need to spend to farm in March when the gas fees reduce? I've never farmed so a little apprehensive

>>27229096
Thats like a 10x from now?

I have Bao on a coin base wallet I couldnt send to my meta mask wallet so idk wtf to do
Someone please explain so I can stake

>>27229243
Yeah you should buy more

How would I go about unpairing BAO-ETH UNIV2 into bao and eth? Is it even possible?

Still a bit on the fence about farming with BAO-ETH tokens. I believe in BAO currently but not enough YET to believe in it 3-4 years down the track (the point when we would realise the actual gains from farming). I don't think it's a PnD though so plan to sit on my BAOs for at least a month or more.

Main concern with farming is the possibility of large Impermanent losses if BAO goes up 500% or more (which I wouldn't be surprised at if the plans all go ahead). This will mean >25% impermanent losses and if I then want to get out and sell my BAO I will be in a worse position than if I had just HODLd right?

>>27231073
Farming is not worth it, the fees and pairing costs are enormous, you'll only get 5% of what you farm this century and whatever you stake will be raped in the ass by IL because this coin moons every 5 fucking seconds by 200%

>>27229459
if its the coinbase wallet thats separate from the coinbase app you just need to head over to 1inch exchange, connect your wallet and swap eth for bao. you you plan on farming you'll need equal parts eth and bao so plan accordingly

>>27231073
>>27231292
Buy a large stack and use 30% to farm.

>>27209610
Beginning of march

just holdan my small 3.75 million onions

What's the scam potential here

So I now have about 26k.
How much of that should I farm to be comfy?

>>27208740
0.75% fee on deposits
0.75% fee in withdrawals

fuck this.

>>27208740
What sort of hardware do I need to farm BAO?
How large of a stack is needed to start farming?
Are returns based on the initial stake?
>wait until we migrate to xdai
Should I buy now and migrate for farming in march or wait until march to buy?

Sorry if these have already been answered in earlier threads. my budget right now is only a few hundred dollars.

>>27232685
>What sort of hardware do I need to farm BAO?
jfc anon

>>27232770
I am green, yes.
Is it not like mining?

>>27232685
The only BAO mining software runs on TempleOS

MUSE is mooning right now AND it's a legit good coin with use cases.

>Exchange for nfts
>A game
>Constantly updating code

baos code looks like they paid an Indian $5 an hour to write it. MUSE actually is good quality

>>27232685
No hardware required, you stake on the bao.finance website and the farming starts.

Any size but you will have to pay gas fees at every step so it needs to be large enough to make it worthwhile.

Yes, returns are based on your stake.

Depends on how much you are going to stake, if its a large amount then the fees to get in and out won't hurt you. You don't have to move come the migration, the existing pools will stay there

>>27232957
Fucking retard. Why don’t you make your own thread?

>>27232685
I'll do you a solid. All you have to do is buy bao and sell at .01. Clueless newfags like you need to get dumped on with uniswap shitters to learn, but bao is such a good project that you're guaranteed to profit.
>How large of a stack is needed to start farming?
Don't bother, you're too poor.

>>27222304
i want a quick buck fuck a 3 year wait for my money

AAAAAAAAAAAAA what happened to my 10k Upbots apy

bruh moment

>>27233209
To try and funnel novices away from coins with potential over to their shitcoins for more pump.

>>27232854
No. You provide liquidity for people to trade on uniswap and the protocol incentivises you to do so by paying you in bao.
You put a token + ethereum into an LP token via uniswap, then stake that LP token on the bao website and they start paying you bao per block.

my liquidity pool is positive but my pair APY has decreased :(

>>27233699
Checked.

>>27209197
So how is it determined how much you get back from farming? From this it looks like it takes about 15 days to get a 100% return, but the rate lowers significantly over time

farming and dumping on bizlets everyday

So fellas. I'm farming but once you get your rewards, it seems like the supply will increase by a fuck ton. farming for less than 300 days lets you cash out a stack the same size as you put in. and 19x your stack will be dripped.
The price will just dump endlessly.
That's why in a few months I plan to cash out at least half(get a hefty profit) and let the rest sit there, in case.

Holding about 2.5mil, is it worth farming?

$70 stake fee. wtf

Buy MUSE, stop, falling for scams

>>27211397
>harvesting 13k BAO
mate are you fucking retarded, BAOman said that harvesting was only neccessary above 1M BAO, you just wasted 50$ to get 7$ locked and when migration happens you're gonna pay another 50$

>>27237592
Yeah lol, the gas fees are ridiculous but it keeps it the redditors from buying this coin for now. The xDai migration is happening end of this month which will lower the gas fees, but at that point it’ll be too late

>>27238306

The gas has been a blessing in disguise.

So I did the numbers. If we compare big supply like hex with bao we are still a 10x-15x away from ath. gl

>>27208740
Where can I find the Contract Address?

>>27238731
If you can't discover simple details like this yourself you'll never make it

>>27238731
from coingecko, why do you need it?

whats are the chances that it will hit 10c? supply is enormous

i have a lot of money in bao farms...

what do you guys think the chances are these will somehow be drained? any solidity wizards that actually check all these new pools to make sure nothing shady is being done?

>>27239064
Decent, but not for a while.
Learn how tokenomics work. If we all buy 10s of millions, that enormous supply won't last long at all.

2 milly bao boiii here!!! Love this cute Lil fella

>>27239064
Theoretical supply does not matter. Actual supply matters. 10c possible this year with hyper hyper. 10c next years only possible if unlocked supply is getting burned up by the synths.

>>27210449
How do I farm?

>>27239243
https://chainwave.substack.com/p/farming-bao-token

Doesn't seem worth it unless you invest a reasonable amount. My small investment wont do shit from what I've been able to grasp.

>>27238954
>>27238972
It's cool. I was on their site, using ctrl-f, thinking all the sections in the doc were on one page, but they divided it into different pages. Thanks, anyway

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

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

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

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

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

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

>>27239562
Thanks friend

I have 21k, how much should I stake?
think 5k is good enough?

>>27240180
no

do the needfuls sirs,, buy bao

>>27239187
so until EOY max supply will be 34,066,471,176 BAO
?

>>27240804

Is buying LP tokens directly degenerate?

https://app.zerion.io/market/asset/0x9973bb0fe5f8df5de730776df09e946c74254fb3?utm_source=defimarketcap

>>27240180

Not if you want to make it, anon.

Heres one question I haven't seen in these threads, can you continue farming past december once your locked bao starts unlocking? Or does all farming end?

>>27241106
What If I wanna be a little comfy?

>>27241406
then just hold because you don't pay 70$ in fees on 10$ worth of token you peabrain.

>>27241111
farming continues, but by then we should have token burns for create synths and staking to deal with the huge supply

>>27241717
Based and Bully-pilled.

>>27241111
Check out the most recent medium article it explains the structure

>>27208740
>HOW THE FUCK DO YOU FARM THESE LITTLE SHIT DUMPLINGS REEEEEEE

>>27241111
Farming goes for 102 weeks total, but the rewards drop. Its best to start farming as soon as possible. We have two weeks left before the next farm reward halving

>>27233209
Someone has been shilling MUSE in BAO threads for a few days now.

>>27242687
>google
>how to farm bao
Retard

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

>>27239562
very nice, saved your pic
regarding impermanent loss, did I make a mistake by going all in with my BAO farming?
I didn't like the thought of not using all
my BAO holdings to generate yield so I used 100% of my BAO holdings
is there another strategy I should have used?
the price of BAO can easily continue going up for the next month though

>>27242687
see:
>>27239562
that post gives you the step-by-step
keep in mind it's a few hundred in gas fees to get it all rolling, so you want to farm at least $1000 worth or more for it to be worthwhile

BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAOBAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAOBAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAOBAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAOBAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAOBAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAOBAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO

THANK YOU ALL FOR PULLING OUT OF THE POOLS AND DOUBLING MY FARM RATE.

>>27245482
I believe baoman increased the rewards last night and updated the menu with more selections for UNI and SUSHI pools

Price prediction around March?

>>27245540
holy fucking saved this picture is fucking genius

>>27245482

But seriously though Bao is designed to be staked early and kept there. Pulling out is a mistake.

I know IL is scary, but do some math, and you'll quickly realize you are more than making your losses back from farming.

>>27245540

Well god bless him, and everyone who pulled out because of IL. This fucking love this little dumpling!