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/biz/ - Business & Finance

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26670610 No.26670610 [Reply] [Original]

Post your stacks
Are you farming or holding?
When are we going to the moon?
When are you gonna sell (if ever?)

/BAO/brothers, assemble!

>> No.26670888

HODL until February!!

>> No.26672050

Can someone explain this whole BAO thing in easy words? I get the synthetics, but not the farmin and burning part. Why can't I just hold them and sell them in a year? Thanks.

>> No.26672657

>>26672050
>Why can't I just hold them and sell them in a year?
You can.

>> No.26673257

>>26672657
:O
But is smart?

>> No.26673258

566k stacklet sitting comfy

>> No.26673500

What do these 5% and 95 % even mean, is it per year?

>> No.26673689
File: 119 KB, 1200x1200, women seeing early bao buyer in 2030.jpg [View same] [iqdb] [saucenao] [google]
26673689

>"That's Anon, he bought BAO in January 2021!"

>> No.26673813

I was told Bao was not a moon coin though, fuck you Bao retards

>> No.26673892

>>26673257
super smart if you wanna buy high sell low, the ultimate strategy

>> No.26673910

>>26673257
If you farm for a long period, like a year, considering impermanent loss, you can increase you stack by 20% on current APY.

>>26673500
You get 5% of your farmed tokens when you harvest, 95% is locked and will be distributed during 3 years, starting december 2021

>> No.26673934

>>26673257
>:O
>But is smart?
Go back.

>> No.26673985

>>26673257
You may get BTFO’d by impermanent loss if you farm. It depends on how hard this coin pumps. If your goal is toneaitb3 years to potentially maximise your gains, then farming is a better option. For me, I want to ride a pump and move my profits into BTC/LINK/ETH like any non retard.

>> No.26673994

>>26673813
well I got in quite early, hold during the pump and dump and it's still a green dildo for me. So why not.

>> No.26674475

So it's 100 % per what for farming, year? Three years? I don't get it.

>> No.26674503

In all seriousness the Bao market potential is insane. If Bao can deliver on its ideas (and it seems like it will), then we should be headed straight into SNX territory and beyond.

DeFi is going to fuel the golden bull run and everything is lining up. We've got /smg/ and wsb to thank for shining a big light on how corrupt the traditional finance market is. When DeFi takes off, Bao could easily 1000x or more from here.

>> No.26674851

poorfag but i got 1mm

>> No.26674978
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26674978

>>26674503
I want to believe. If we 1000x from the ATH of .0009, I’d have nearly 11M USD.
But will the semites allow it?

>> No.26675115

>>26673934
>>:O
>>But is smart?
>Go back.
Go back.

>> No.26675186

>>26674503
yeah I also see a great opportunity here, but I don't want to miss anything because I think there is something I missed. Isn't there a burning of hodld tokens?
My problem is, I live in one of these countries where you go tax free on cryptos for hodling over one year, farming extends that period to 10 years. Farming would only pay for me if it x2ed my BAOs in one year.

>> No.26675261

>>26670610
How do i buy bao?

>> No.26675497
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26675497

>>26674503
>>26674978
That's the best part. It doesn't matter if the long nose tribe wants to stop us. We're decentralized. We're in control now.

>> No.26675620

>>26674978
I'd be a billionaire for throwing in 500 bucks a week ago, so I don't really believe that's realistic, there used to be whales that would get Trillionaires then.
But you sure can make some dollars with the BAO man.

Isn't there a burning or something?

>> No.26675676

>>26670610
I warned you all about the top at .0009 and now I'm warning you again, this will fall below .0003 and if there is no support it may even reach as low as .00008 again. You have been warned.

>> No.26675704

>>26675261
Send ETH to Metamask
Use Uniswap to exchange ETH for BAO

>> No.26675914

>>26673257
Yes, staking/farming is a sucker's game. IL will fuck you and you will never profit unless MAYBEA you put in minimum 5 figures on BOTH ends (like ETH and BAO)

>> No.26675931

>>26675676
you warned yesterday, it only dropped to 0,0004 and there was no pump to 0,0009. Your shill group sucks.

>> No.26676538
File: 16 KB, 320x211, bao whores.jpg [View same] [iqdb] [saucenao] [google]
26676538

>"I heard Anon is one of those Bao billionaires... That's why all those Asian girls love him so much."

>> No.26676660
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26676660

120M here not selling until it reaches a $1 and before u brainlets start with the total supply is too high bullshit. There is gonna be a lot of token burns . It’s literally holding while the whole market is DUMPING. HODL UR BAO OR STAY A POOR FAG

>> No.26677386

>>26676660
doyou farm?

>> No.26677480

Just imagine the power or sushi + snx + aave all in one project. How many transactions will be generated by combining all 3 and how many coins will be be burned . I’m not talking about supply burn . I’m talking about coin burn as a result of transaction fees. Use ur half brain to think and see how much potential this project have all for paying .0005 like they are Almost literally giving it for free how can u possibly loose on this? Just ETH pumping alone will skyrocket it’s value bcs it’s an ERC20 token. So u got ETH+ Sushi+ aave+ snx we gonna make it anons

>> No.26677676

>>26676660
so why are there so many tokens if they burn them? I'm new to brains, sorry.

>> No.26677757

>>26676660
>It’s literally holding while the whole market is DUMPING
I've noticed this too. Bao shows incredible bull strength when you look at overall market activity

>> No.26677909

never selling my bao. I'm farming the shit out of it

>> No.26677920

>>26677480
well it's an early alpha with a one man team that is an anon, it gets pnd'd every day, I see some potential risks in this bet.

>> No.26677943

>>26675914
you are incorrect
i staked 1700000
lost 700000 by IMPERMANENT loss
already farmed 800000

>> No.26678078

>>26670610
baosed

>> No.26678115

Trips and I swap BAO for RBC. Not joking.

>> No.26678232

>>26678115
I swapped for REEF desu.

>> No.26678303

>>26677943
explain impermanent loss as you would explain it to a three year old please.

>> No.26678739

>>26677920
1.5 man team and he's recruiting
next dev will prob be in a couple days

>> No.26678787

>>26678115
holy fuck that was close.

>> No.26678818

https://finematics.com/impermanent-loss-explained/

>> No.26678972

>>26678739
Oh I am sorry, 1.5 is pretty much employers for a billion dollar company.

>> No.26678995

>>26678303
>bao goes up
>you lose
>bao stays down
>you win
Either way, you can’t benefit from the farm until it unlocks and begins distributing. I’m happy to unload my stack at 10c and then if it continues to pump past that, well, I’ve got 1M farmed so who gives a shit.

>> No.26679700
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26679700

>>26677920
>well it's an early alpha with a one man team that is an anon
Sounds a lot like Bitcoin to me.

>> No.26679737

bao bros - explain to me what's going on with the pool change around?

What should i be doing with my humble BAO-ETH farm?

>> No.26679799

>>26678787
wtf that was close to a 87 trips

>>26678303
understand AMM and providing a pair token. It is not the same exposition as holding 1 token. If 1 token pump guess what, everyone is buying it so you have less of that token who has pump

>> No.26679834

>>26678995
now I get it, thanks. So maybe I'll wait.

>> No.26680097

So when I stake let's say 1 BAO and 1 ETH,
If BAO moons, I get 0,7 BAO and 1 ETH when I unstake?

>> No.26680198

>>26679737
>26679700
Now this

>> No.26680238

>>26680097
i think its the amount of bao equil to the worth of 1 eth instead of 1 bao for 1 eth

>> No.26680264

>>26679700
Nice.

>> No.26680409

>>26680238
equal**

>> No.26680566

>>26680409
mhm mhm I see. Now I begin to understand. Sorry, I'm not even stupid, just very lazy.

>> No.26680765

Andas we talk, it's dripping again.

>> No.26680915

I'm never selling(buyeding)

>> No.26680921

Like literally NOTHING HAS BEEN ABLE TO DUMP BAO for the last 48 hours. Pool migration No it didn’t. Today while the whole market is RED AND LITERALLY EVERYTHING DUMPING bao HELD STRONG. Do u know what that means anons? That means NO BAO HODLERS ARE SELLING. THATS JUST STUPIDLY BULLISH. HODL OR STAY POOR

>> No.26680930

>>26680198
wat

>> No.26681141

>>26680097
if BAO moons more than ETH, you'll have 0,7 BAO and I don't know 1,001 Eth. If they moon equally you got 1 Bao 1 Eth. It is advised to write down your entry, and to try to exit that entry at the same ratio, or a different if you want more of one token or another. It is sort of a double longing, or a combination bet

>> No.26681341

>>26680921
well, compared to literally everything in my portfolio, BAO is really not dropping that hard.

>> No.26681573

BAO is the next STINKY LINKY MOON MISSION

>> No.26681706

>>26681141
thanks fren.

Alright, I'll be hodling BAO for at least one year and just never look at the numbers. If it dies, it dies. Good luck anons, I'm out of /biz/ for a while, this shit really stresses.

>> No.26681994

There is smthg called systematic risk. Basically if the whole market dumps it’s gonna somehow affect ur asset. It’s basically a risk that’s affecting every single asset within the same industry. So basically if the entire crypto mkt is dumping it’s very normal for ur bao to dump. Now how much an asset dumps during times like this is what shows its strengths.

>> No.26682089

>>26681706
Honestly one of the smarter ways to play the game. Buy, hold, and forget about it for as long as you possibly can. IMO, BAO has very real potential in the long term. That's the kind of coin you really do want to just hold and forget about until one day you realize you just woke up a millionaire.

>> No.26682213

Did u guys just see this mega green dildo kekekekekeke

>> No.26682462

>>26682213
Yeah, what was that. Felt nice.

>> No.26682711

That right there shows u that whales are playing newbies to dump their coins so that they can buy cheap. Look at the volume behind that huge green dildo. That was a fucking whale buying

>> No.26682821

lil pumpling

>> No.26683178

where can you even buy bao

>> No.26683213

Uniswap

>> No.26683989

I've decided I'm just gonna hold this cute dumpling until the end, it swings too much for my own nerves. I just want it to do a comfy crab

>> No.26684007

I'm unironically a bao maximalist now. Thanks to the anon who created the threads two weeks ago.
I wish I would have found BAO earlier like december and farmed something silly like 2 billion BAO with 500$ of ETH. There will be multi millionaires from this at the end of the year.

>> No.26684422

>>26684007
Let’s hope so anon.

>> No.26684443

If this hits 50 cents I'll never have to work again. You better not be scamming me.

>> No.26684845

Did we get a GRT pool yet?

>> No.26685371

>>26679737
BAO-ETH rewards will go up so ll be fine

>> No.26685428

>>26684007
You're welcome, 007. I've been here shilling for weeks. It's an incredible project. People will realize it sooner or later. Sit back and watch the fields grow.

>> No.26686225

>>26682711
There is great whale watching to be had on the etherscan contracts for Bao. I think someone put ~75 ETH in just yesterday.

>> No.26687152

>>26684007
Based & bao-pilled.

>> No.26687502

why are fees so large when i want to swap on uniswap? the fees on the website are not that large but when i see the confirmation on metamask they are huge

>> No.26687652

>>26687502
Trust me anon. It’s worth it.

>> No.26688026

>>26685428
Can you post or link to anything which explains this? - I'm sitting on 3.M and don't know what i should be doing with it

>> No.26688308

>>26687652
yeah but i just wanna understand what that fee is, the fee im paying on uniswap is ether gas right? what is the metamask fee`?

>> No.26688500

>>26688026
You should check out the official bao finance website and read up on the project. It's written in clear language and outlines a number of major use cases. The TL;DR is synthetic assets on uni and sushi. Figure that out and the world is yours.

Btw, looks like the whales have seen the floor. We're pumping again bros.

>> No.26688980

>>26688500
Reading the bao page now Anon, thanks.

>> No.26689233

>>26688980
Cheers. Don't hesitate to ask questions in here, either. There are high IQ Bao chads lurking behind every corner.

>> No.26689270
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26689270

GIMME AN ESTIMATE ON WHEN THE MOON MISSION OCCURS

>> No.26689368
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26689368

>>26678995
how do you lose if bao goes up though? I think i'm truly retarded because I still don't get it. I bought 3.5m bao and staked 500000, tell me how fucked I am

>> No.26689991

>>26689368
You could have sold your BAO for more of they weren't staked. You still win if it goes up just by less.

>> No.26690989
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26690989

Never forget the 6 million BAO.

>> No.26691277

>>26689911
>>26689911
>>26689911

>> No.26691490

>>26690989
how much you got staked?

>> No.26692565

>>26691277
The fuck is going on with the dubs in bao threads and who are you and who is this cult? Wtf? Just create memes and liberate our /biz/ bros from captivity.

>> No.26692588

GOOO UPPPP
ALL IT DOES IS GO SIDEWAYS

>> No.26693138

>>26690989
Is that value per day guaranteed, or is it tied to the current bao price?

>> No.26693283

>>26693138
tied

>> No.26693693

>>26693283
So if the price stays the same you get your initial stake, 3,469 back plus the 1,156 per year giving you a total of ~7k at the end of 3 years?

>> No.26693876

>>26693693
No, total value is that 3.5k figure, and it gets payed out over 3 years. Which is the $1,156 figure

>> No.26693889

>>26691490
I started with around 17mm BAO.

>>26693138
I'm learning around 750,000 BAO per day for a stake of a few thousand dollars.

>> No.26694122
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26694122

>>26670610
imagin buying a food coin lol

>> No.26694250

>>26670610
how buy?

>> No.26694504

If i stake bao-eth now, will it automatically move to xdai when that happens?

And when i stake bao-eth on sushi, will i gain sushi and bao?

>> No.26694727

>>26694250
https://app.uniswap.org/#/swap?inputCurrency=0x374cb8c27130e2c9e04f44303f3c8351b9de61c1&outputCurrency=ETH

>> No.26694836
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26694836

I'm in.

>> No.26694932
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26694932

>>26694122
Yeah imagine buying SUSHI before it 1000x'd, just imagine how dumb you would feel making that much money off of a food coin lmao.

>> No.26694986
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26694986

>>26670610
BAO is the next GME