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/biz/ - Business & Finance


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File: 12 KB, 106x112, Screenshot 2021-02-14 at 06.23.09.png [View same] [iqdb] [saucenao] [google]
28666120 No.28666120 [Reply] [Original]

Our new migration information document is live, outlining timelines and steps related to the migration and answering key questions about pools.

It also announces our xDAI uniswap clone "BaoSwap" which will launch in an early alpha stage in the next 1-2 weeks. The value of BaoSwap should be pretty obvious.

It also announces our suggestion to the community to deploy Bao infrastructure on multiple EVM chains on a 'franchise model' where Bao community owns the other protocols. To set this up we've got an alpha called "Yetiswap by Bao" that is also ready to deploy on the Avalanche EVM c-chain in the next 1-2 weeks. If successful, we'll be able to roll out this model on 5-6 different chains this year, all driving back value and liquidity to Bao. If there are any issues with this model, we won't move forward with other chain deploys and will continue to just prioritize the primary Bao infrastructure.

https://gov.bao.finance/t/the-great-bao-migration-baoswap-co/165

As I noted, its been a very long week of prep, so I will be taking Sunday (tomorrow) off, so if you have questions about things in the documents please be patient and I will get to them shortly after some rest

>> No.28666202
File: 320 KB, 644x1400, baomen.png [View same] [iqdb] [saucenao] [google]
28666202

>>28666120
yah nah fuck off gook

>> No.28666239

>>28666120

Fuck you FAGGOT LEAVE!!

>> No.28666308

kek

>check how they try to shill that trash platform on /biz/

looks like this biz is already dropped with scammers
hope I am smart to forget about it and don’t go for hell

>my purse has been connected to Bot Ocean project and I wait for full launch to use their bots for trading and analysis

but you nay believe them and buy this scam

>> No.28666338
File: 124 KB, 907x1280, bao liftoff.jpg [View same] [iqdb] [saucenao] [google]
28666338

>>28666120
I'll save you time.

This thread will have high IQ Bao posters feeling comfy about good news coming as usual, and a strange, disproportionate number of actually retarded (mentally ill) fudders who are probably paid and who have probably somehow lost money on a coin up more than 100x the last month (lol) (lmfao)

>> No.28666400

>>28666120
Holy fucking based
We're all gonna make it baobros

>> No.28666442

>>28666120
>Our

you on biz nigga. Take your chink shit back I cashed out a 20x and wouldnt touch that covidcoi never again

>> No.28666471

>>28666442
he just copy pasted the announcement without editing it

>> No.28666486

so I have to take out my bao which costs somewhere between $100-$200 eth and move it to xdai?

>> No.28666636

>>28666486
did you not know this before you did it? people were saying

>> No.28666641

>>28666120
based. thanks mr baoman

>> No.28666644

>news comes out
>coin continues to dump
Ahahahaha. Scam coin CONFIRMED

>> No.28666722

>>28666486
Nope, you can leave it if you want - the move is optional but has it's benefits if you read the announcement.

>> No.28666787
File: 57 KB, 600x777, 64498BE8-08A0-45B3-94FF-B44BBCCFAC8D.jpg [View same] [iqdb] [saucenao] [google]
28666787

>>28666120
yee

>> No.28666825

>>28666644
oh no no no
this post did NOT age well

>> No.28666881

>>28666338
Lol, I'm not even a janitor.

Also, why are these people so un-naturally angry at this? They're not bag holders, so why bother fudding it so hard? I honestly feel bad for the bao guy because he's trying to make something. I don't know how good that something will be, but at least he's still trying and not just pulling out with a fat stack of money

>> No.28666897
File: 80 KB, 300x267, 1611088857206.jpg [View same] [iqdb] [saucenao] [google]
28666897

>>28666120
Just dumped my entire stack into BAO. Gonna hold the next year. BaoMan keeps delivering the good shit.

>> No.28667071
File: 12 KB, 267x231, 2021-02-14_00-39-19.png [View same] [iqdb] [saucenao] [google]
28667071

brainlet here because I did this months ago, are these the LP tokens the document is talking about?

>> No.28667107
File: 33 KB, 400x550, Bao Down.jpg [View same] [iqdb] [saucenao] [google]
28667107

>>28666897
>Just dumped my entire stack into BAO.
lmao
go hard

>> No.28667111

>>28666338
>Janitor
First time I've been a janitor, feels oddly good

>> No.28667477
File: 125 KB, 375x355, 1612120041872.png [View same] [iqdb] [saucenao] [google]
28667477

We just went from 160 to 166. Shit is looking up Baobros.

>> No.28667514

WTFWT!!!!!!

>> No.28667866

169 now. How do BAOchads just keep winning?

>> No.28668261
File: 55 KB, 720x352, Screenshot_20210214-025720_(1).png [View same] [iqdb] [saucenao] [google]
28668261

What does that mean? Xdai farm will reward 3 times(x12 atually) more?

>> No.28668624
File: 151 KB, 428x388, 1612401556318.png [View same] [iqdb] [saucenao] [google]
28668624

>>28667071
>are these the LP tokens the document is talking about?
yes

>> No.28668702

>>28668261
XDai will be 75% of normal reward levels, and ETH will be 25%.

>> No.28668920

>>28666338
>tfw 50k short of technician

>> No.28669034

>>28666442
Okay bro

>> No.28669041

The fuck, wasn't the bao dev supposedly working on shibaswap?

>> No.28669082

>>28669041
No? You actually believed the retarded fudders here?

>> No.28669174

kinda a dumb question, but how do i get BAO-ETH UNIV2 Tokens?

>> No.28669228
File: 557 KB, 1163x840, bao dollars.png [View same] [iqdb] [saucenao] [google]
28669228

>>28669174
>kinda a dumb question, but how do i get BAO-ETH UNIV2 Tokens?
https://chainwave.substack.com/p/farming-bao-token

>> No.28669237

>>28666338
working my way up to pilot.

>> No.28669320
File: 30 KB, 293x536, 2021-02-14_01-17-47.png [View same] [iqdb] [saucenao] [google]
28669320

I try to harvest my bao, but I keep getting the out of gas error, can someone help?

>> No.28669331
File: 1.20 MB, 1990x1450, 1613089086090.png [View same] [iqdb] [saucenao] [google]
28669331

>>28666881
Ill answer, unironically. The FUDders are 1 of probably 2 or 3 types that I'll try to outline.
>1. Feel like theyre late
BAO was released at a sub 1m cap, and was put on SUSHIs roadmap at around 1-1.5m mcap. They most likely feel foolish, or that they "knew better than food token lol" upon this news. OR were bombarded and stuck in Rubic threads. This category is understandable, but they should know, they're not late and BAOman is the most overproducing, professional dev/team lead at a low mcap, with the greatest product vision and apparent blockchain knowledge and foresight in BAOs mcap territory, and it is not even remotely close. Read the docs, especially the one released tonight.
>2. Newfag
>muh supply
>muh it dumped
>muh scam
It is very literally up over 160x in 40 days. It didn't dump, the tokenomics are the best in crypto, and all, ALL FUD is absolutely dismissable trash.
>3. Paid by CORE
CONSISTENT fud threads popped up immediately after BAOman BTFOd CORE devs in such a humiliating manner they deleted over 5 tweets and backtracked every claim, while also inadvertently admitting they do not know how pool rewards work.
BAO is the 1, and only true 1, IYKYK of 2021. Good luck.

>> No.28669348

>>28669082
Less fud and more of a shiba shill talking point.

>> No.28669441
File: 3.52 MB, 600x448, bao yum.gif [View same] [iqdb] [saucenao] [google]
28669441

>>28666338
commander is within range

https://twitter.com/thebaoman/status/1360824407225204737?s=20

>> No.28669532

>>28669331
BAO's poor marketing as a foodcoin made it a midwit filter early on. Last bullrun was the ICO run. This run is the DeFi run. And BAO, if it delivers, could be a big name in DeFi.

>> No.28669595

>>28669441
Thank God another oldfag. 42, did you read that fucking update? Im the guy who was talking to you in a thread a week or 2 ago about how BAOman was clearly an undercover oldfag dev who released this as lowkey as possible. Tonight's update was probably the most absurd update released from a sub-100m mcap coin in, possibly ever.

>> No.28669635
File: 590 KB, 938x2381, 1611910273416 (1).png [View same] [iqdb] [saucenao] [google]
28669635

comfiest of fucking holds in 2021
holy shiiiiiiiiit

>> No.28669683

>>28666202
Stay poor, shitskin.

>> No.28669711

>>28669532
the funny part is apparently the dev was working on this and had chosen the branding well before the foodcoin "scam" became a category of its own
so I don't have any free bao in my wallet anymore but I do have 15m bao locked from farming early with a meager amount of shitcoin-eth LP. The idea that I could actually get $20k paid out over 3 years is hilarious but way too profitable...wonder what'll actually happen

>> No.28669718
File: 148 KB, 480x480, 1584870362324.png [View same] [iqdb] [saucenao] [google]
28669718

>>28669635
We're already at 183 and climbing how can BAO bros keep winning this much???

>> No.28669746

>>28669441
can someone explain what this means as a bao holder and retard like me

>> No.28669987

>>28666120
Take your scamcoin somewhere else fren. This is a DIA board.

>> No.28670004
File: 14 KB, 305x172, EtqwJ3BXEAI7oVK.jfif.jpg [View same] [iqdb] [saucenao] [google]
28670004

>>28669595
>Thank God another oldfag. 42, did you read that fucking update?
so fucking bullish
really hyped about this project

>> No.28670043
File: 84 KB, 800x685, 1609043913622.jpg [View same] [iqdb] [saucenao] [google]
28670043

>>28669987

>> No.28670047

So am I gonna have to convert my bao univ tokens over to some sort of xdai token when the migration happens? If so how do I go about doing that? Or do I just move my token straight over to the new pools?

>> No.28670063

>>28666120
someone post the pink dumpling

>> No.28670140

Not gonna lie I talked some shit about Baoman but I held and I’m happy I did. Think this will definitely go back up after this announcement.

>> No.28670278
File: 419 KB, 977x976, 1612222036781.png [View same] [iqdb] [saucenao] [google]
28670278

>>28670047
>So am I gonna have to convert my bao univ tokens over to some sort of xdai token when the migration happens? If so how do I go about doing that? Or do I just move my token straight over to the new pools?
https://lite.sushiswap.fi/#/migrate

>> No.28670296

>>28669320
You only get 5% up front. Why would you bother harvesting 15k for a $120 gas fee?

>> No.28670365

>We will begin with YetiSwap as a pilot, but have prototypes ready to deploy for up to 6 other chains if Yetiswap goes smoothly and if other tests are successful.

What the fuck where does he find time to do this shit

>> No.28670415

What do you all make of this potential fork to avalanche as well?

I'm someone who got into AVAX/PNG on release, so this is nothing but good news for me as well. Don't know what the timeline is for it, but I wonder if there will be more untapped pools on there, leading to some crazy APY.

>> No.28670600

Feels good knowing 3 of my top 4 holdings are avax, stake, and bao and they are all getting together.

>> No.28670854

>>28666897
don't be retarded like this. all in = you can also lose it all
>>28669331
>best vision in crypto
and still deployed on eshitreum.. I'm gonna doubt that. if he does migrate chain only then can I have renewed trust in the project.

>> No.28671035

>>28670365
It's obviously team FTX behind this. I knew this from the start. Baoman is just a front. It's an FTX PROJECT PEOPLE!

>> No.28671038

>>28670278
Through the xdai-omnibridge fellow dumpling, sushi LPs can migrate directly, otherwise transfer the bao token

>> No.28671081

>>28670365
Unreal production. And people still think theyre late. BAO is the new LINK, and its obvious

>> No.28671117
File: 524 KB, 975x962, 1612082024787.png [View same] [iqdb] [saucenao] [google]
28671117

>>28671038
>Through the xdai-omnibridge fellow dumpling, sushi LPs can migrate directly, otherwise transfer the bao token
yeah I plan on unstaking my UNIV-LP tokens, migrating them to SUSHI-LP tokens and then doing the xdai omnibridge

is that the correct procedure for someone with UNIV-LP tokens?

>> No.28671172

>>28670854
>and still deployed on eshitreum.. I'm gonna doubt that. if he does migrate chain only then can I have renewed trust in the project
Read the update, or at least do cursory research you literal braindead plebbitnigger

>> No.28671278

>>28670278
yep, this is what you have to do. I did transfer tonight, paid about 400 usd in fees. Who knows what gas prices will be end of march.

>> No.28671354

>>28671172
eshitreum second layer solution is not a real solution, dumb nigger. i did my research.

>> No.28671378

most based update in the entire <100m cap ecosystem in years. no exaggeration necessary. baoman is the real fucking deal

>> No.28671471

>>28671354
Hes also creating his own DEX swap for HIS OWN dex synths on AVAX. And 6 fucking other chains if thats successful. I literally do not care if you buy, and honestly hope you dont.

>> No.28671515

can someone explain how this could possibly be the new link when there’s going to be so many BAO tokens produced? I’m a slightly retarded anon so if this thing could even get to 0.05 explain to me how because I remember reading in the long term the price will go down because of how many BAO there will be

>> No.28671519

>>28671378
>baoman is the real fucking deal
Yeah he is, I doubted him at first but he's producing results.

>> No.28671567

>>28671515
BAO will be burned for the creation of synthetic assets. BAO will also be burned with the new proposed BAO tokens like sBAO.

>> No.28671584
File: 274 KB, 1080x1350, 1613271502044.jpg [View same] [iqdb] [saucenao] [google]
28671584

>>28671378
It's the most based update in the entirety of the <1b mcap ecosystem in years. And rivals top 10s. BAO is inevitable at this point.

>> No.28671596

>>28671117
i will farm a bit more for now on uni and unstake 2-3 days before 1march and migrate my BAOs over, in my opinion unstaking from uni to sushi and then xdai would cost alot of buterinos

>> No.28671633
File: 76 KB, 720x634, Screenshot_20210213-230235~2.png [View same] [iqdb] [saucenao] [google]
28671633

There it is.

>> No.28671707
File: 304 KB, 1000x1000, 1612098423888.jpg [View same] [iqdb] [saucenao] [google]
28671707

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

>> No.28671791

What should i do with 2mm in a MetaMask wallet not staked or farmed or whatever - just sitting there ?

>> No.28671873

>>28671791
Hold tight. Staking while the price is rising will give you Impermanent loss.

>> No.28671965

>>28671873
Okay. So they will still be valuable even if i do absolutely nothing ?

>> No.28672158
File: 30 KB, 679x149, Screenshot_20210214-001419_MetaMask.jpg [View same] [iqdb] [saucenao] [google]
28672158

>>28671633
number go up

>> No.28672192

>>28670296
don't we only have until march 1st to harvest?

>> No.28672198

>>28672158
Based and profitpilled

>> No.28672203

>>28671567
thanks anon, so is 0.05 attainable eventually possibly?

>> No.28672225

>>28672192
Nah you can leave it, the apy of your farm will just go to shit

>> No.28672243

>>28672192
for the migration if you want but just unstake on Feb 27th or so because that auto harvests fren

>> No.28672314
File: 59 KB, 1080x279, Screenshot_20210214-001759_Facebook.jpg [View same] [iqdb] [saucenao] [google]
28672314

Thank you coingecko price alert

>> No.28672386
File: 28 KB, 704x388, Screenshot_20210213-231757~2.png [View same] [iqdb] [saucenao] [google]
28672386

>>28672314
You beat me to it.

>> No.28672422
File: 13 KB, 352x307, 1609689051866.jpg [View same] [iqdb] [saucenao] [google]
28672422

Unrealistically, what would it take for this to hit $1?

>> No.28672455

25k Bao-let here
I only had a small amount to throw at this after doing some research last week but truly, how feasible is $1 EOY? I might try to get at least another 75k

>> No.28672492

>>28671707
yes, after all the farming on main, farming on xdai with fees less than a penny will be glorious... wish you massive crops fren

>> No.28672541
File: 34 KB, 610x610, 1612303543029.jpg [View same] [iqdb] [saucenao] [google]
28672541

>>28672492
>wish you massive crops fren
thank you brother, you too
I'm trying to reach that commander level
>>28666338

>> No.28672574

>>28671791
wait until 1march
migrate on xDAI and farm
?????
profit

>> No.28672593
File: 268 KB, 600x777, bao goes brrrrr.gif [View same] [iqdb] [saucenao] [google]
28672593

>>28672314
>>28672386

>> No.28672619

>>28672455
10 cents is very optimistic already, 1$ will take a long long time.

>> No.28672644

>>28671471
is he now competing with sushi?

>> No.28672661
File: 20 KB, 218x228, smug.png [View same] [iqdb] [saucenao] [google]
28672661

>>28672422
an elon tweet

>> No.28672674
File: 77 KB, 234x331, PANIC.png [View same] [iqdb] [saucenao] [google]
28672674

>>28672492
You think during the migration in March the gas to would decrease a good amount?

>> No.28672733

>>28672619
thank you friend, I figured as much currently. I'm going to hold for the long run, since this really has some potential

I hope your stack will do its magic and get you beautiful gains

>> No.28672771
File: 46 KB, 646x720, 1606194588122.jpg [View same] [iqdb] [saucenao] [google]
28672771

>>28672661
BROS YOU KNOW WHAT WE NEED TO DO

>> No.28672846
File: 96 KB, 900x636, ___cute_meat_bun____by_codiciosa-d38ijx4.png [View same] [iqdb] [saucenao] [google]
28672846

>>28666120
bless this cute motherfucker

>> No.28672900
File: 131 KB, 500x332, 1613287797795.jpg [View same] [iqdb] [saucenao] [google]
28672900

>>28672541
>also a pilot on my way up fren

>> No.28673047

>>28666338
i was a fucking technician but bought husky because it was the only dog token i wouldve given a shit about.
so of course it dumped 60%

>> No.28673166

So which tokens will you need to start farming AFTER the migration (as opposed to switching?) BAO, ETH or one of their liquidity tokens?

>> No.28673288

>>28672644
no why don't you read the post

>> No.28673295

>>28672203
Unironically expecting $0.01 EoY.

>> No.28673357

im so comfy holy shit

>> No.28673377

>>28669711
you'll get a lot less or a lot more, but not 20k

>> No.28673509

AHHHHHH ABANDON SHIP

>> No.28673589
File: 927 KB, 907x1280, 1612207217105.png [View same] [iqdb] [saucenao] [google]
28673589

>>28672900
chekked

>> No.28673820

I SOLD 220M AT 200 GWEI, FORGOT TO BUY BACK WHEN IT DIPPED. SO I STAKED MY ETH
Why am I so stupid AHHHHHHHH

>> No.28673828

>>28673589
gong maker on my way to master chef

>> No.28673906

>>28673377
fair assessment, but really I'm a minimalist with a job so any amount of regular baobucks will be great

>> No.28673945
File: 912 KB, 1198x677, comfy.png [View same] [iqdb] [saucenao] [google]
28673945

>>28673828
kung fu master on my way to master chef

>> No.28674015

>>28673589
Rice farmer :(

>> No.28674348
File: 53 KB, 1024x1024, IMG_20210211_190734.png [View same] [iqdb] [saucenao] [google]
28674348

>>28673589
>tfw we are going to make it fren

>> No.28674748

I BAO MAN I LEARN PROGRAM A 3 week ago

>> No.28675476

>>28674748
lol you're so stupid

>> No.28675525

>>28675476
and poor

>> No.28675590

>>28666120

what are the chances that leaving bao staked on eth will be a good move since everyone will move to xdai and therefore even though you're only getting 25% of the normal rewards, more than 75% of people will be gone

>> No.28675891
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28675891

AHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH