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GTFIH BAO bros we're going straight to 1 penny!
I’m so comfy oh my god
OOOOOOOOOOOOOOOOOOOOO
>>27384496OOOOOOOO I LOVE BEING COMFY BAO AND RBC TO THE MOON
>>27384496insta rug incoming any day now
>>27384496doubt it but okay
whats good about BAO retards
>>27385143no one actually knows, which is a huge risk
>>27384496Hopefully you guys partner up with SakeSwap then both my bags will be pumped
BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO BAO
>>27385546>>27385143literally just read the whitepaper lolit solves issues with both SNX and AAVE, it's the best of both worlds, it has good marketing, quality UI/UX, and a competent development team. Literally just read the whitepaper and you'll understand the excitement, let me link it for you frens:https://docs.bao.finance/
Next leg up straight to 0.002c and reload at 0.0015
The shilling is unnecessary at best and harmful at worst. It makes the project look bad and lowers potentials gains just for the small chance you might get a tiny pump to sell your tiny bags. Just sit back and let the gains slowly accumulate. You won't need to shill it once the new devs get hired and progress starts getting made.
>>27385714This anon did his own research. Its literally like brabus for mercedes. Kickass tuning of already decent product. No point of inventing wheel from scratch, let's focus on improvements
baoba
>>27386142there is no BAO shilling afaik friend, it's mostly just holders celebrating gains and wanting other holders to get in on the action. It's also been very educated discussion so far, and anyone who doesn't understand that isn't reading, imo.
> holding a big stack of bao > staking it to get an ever bigger stack> price skyrocketing BRB making gains on gains
>>27384496I like baoman's attitude and perspectivehe doesn't cuck out and play marketing or CEX gamesplus the bao protocol has significant advantages compared to other platforms
>>27385143>whats good about BAO retardsread this:https://docs.bao.finance/benefits-of-bao-reasons-to-use-bao
When we getting some more exchange listings? I want to see it on kraken and coinbase.
>>27385714>literally just read the whitepaper lol>it solves issues with both SNX and AAVE, it's the best of both worlds, it has good marketing, quality UI/UX, and a competent development team.s'truelook at how synthetix locked out users yesterday from staking silver during off market
>>27384496> missed out on farming with sushi> just in time to get my hands on some bunsfish is stinky anyways, this lil nigga makin me richanyone have the hentai bao memes?
>>27384496Prepare to get fucking dumped on fools!
>>27387389It's a little more than celebrating gains. I'll give you that this thread is better than most have been, but far too many swingies and redditors have been making Bao threads and discord posts about shilling this coin. It is starting to wear down my hope in this project with so many plebs trying to get in on it.
>>27386142>The shilling is unnecessaryit's good to have a BAO thread on /biz/ where we can commiserate with fellow bao bros and have live time discussionsI'm farming my BAO so it's a long term project for me, don't care to sell for marginal profit
>>27387724Maybe after there is an actual product?
>>27387911i agree, but personally, i care more about the product than the community. maybe that's an autistic way to look at things, but, i invest based on my own confidence, not on what other people are doing. I don't give a shit if plebbit or even faceberg decide to invest or shill or what the fuck ever, because I believe in the product
I bought 22m stacks, sold like 40% and am going to sell another 40% at .15 or .20. So I'm only farming with about 4m stacks. Did I fuck up by selling?
>>27387325baoba>>27387543>holding a big stack of bao >staking it to get an ever bigger stack>price skyrocketing >BRB making gains on gainsbaosed
>>27384496I'm just a humble farmer, tending to my BAO.
imagine not holding bao lol...
>>27388109No, it's going to drop again most likely starting tonight
>>27388276i'd love to be a swingy but i have so little that gas will definitely fuck me, so i'm gonna hold and stake
>>27384897>he said after the first 100x>he'll continue to say after the secondKeep sidelining a kingmaker coin, cuck
>>27387724Never going to happen
>>27388109>I bought 22m stacksstaking is expensive, to stake 22m BAO, you need equivalent $ value in ETH even if you're only staking 4 million, you're good, obviously staking more is better but it depends on your entire crypto portfolioBAO only represents about 5% of my entire holding so I went all in with my staking to maximize gains
>>27388437i'm waiting for the xdai migration
>>27388179based spreadsheet anonkeep stacking those gains thanks for providing us regular updatesyou're a boss for getting in so early
>>27387820what is the problem with AAVE?
>>27388437I was staking about 3 times that much but I removed 2/3rd of my stack so I could sell it when it goes to 15 or 20 then just ignore the rest and hope this moons long term
>>27388576check out the official BAO docs for the explanation:>>27387699>https://docs.bao.finance/benefits-of-bao-reasons-to-use-bao
>>27387389The early BAO threads 3 weeks ago were early LINK-tier deep dive discussions about applications, uses, and helping some nufrens with farming. In comparison, threads now are still pretty good with all the hype but the discussion is taking a nosedive. I know all the really early guys, before Chicos FIRST video still lurk these threads but there's only so many times you can read>ahhhhhhh its dumpingWhile youre up 15x and farm daily more than theyre buying and whining over>WHY ISNT THIS ON BINANCE, WHATS UNISWAPand>HOW2POOLStill, threads are pretty damn comfy for all the hype surrounding BAO now. Obligatory, BAOman saying not even to buy if youre not farming.
>>27388977that's the ones where i got in, the early and educational discussions. I agree it's taking a bit of a nosedive, but I don't necessarily think it's a bad thing, it's just anons having fun.
>>27387551Oh 42 whatsup? You recognized BAO, as well, let me dig up another breadcrumb for you.>t. fellow LINK oldfag
Cheapest way to buy? Metamask is rapey on gas
>>27385958this anon knows
>>273892971inch is always cheapest for any token
I would hold at least till xdai chain deployment which is like 4-6 months from now. It can easily pull Perpetual Protocol.
>>27388977>Obligatory, BAOman saying not even to buy if youre not farming.it makes sense when you study the tokenomics and distribution and when you understand that this is just the first phase of a long term plan for the projecthave you guys taken a look at baoman's most recent proposal for staking rewards and fee burns?https://thebaoman.medium.com/draft-proposal-staking-rewards-and-fee-burns-34299cde6d69
>>27388838That link doesn't mention anything about AAVE. I own both for the record. AAVE seems solid for pure financial loans, and BAO seems solid for other stuff that really caught my attention. What's wrong with AAVE?
>>27389597yeah but they're also rapey on gas, sometimes even more than uni
>>27389750it does, read the first initial paragraph, it specifically mentions smth about AAVE, and i believe there's some other mentions too
>>27389159>You recognized BAO, as well, let me dig up another breadcrumb for you.>t. fellow LINK oldfagthank you, yeah I remember when a few of my colleagues were shilling synthetix to me in 2019, but it is precisely due to the reasons baoman outlines in your pic that prevented me from investing at the timethe advantages of the bao protocol became immediately obvious to me and so I pulled the triggercurrently staking a fat stack of BAOI know a few other link marines who are stealthily investing in BAO as wellcheers brother
>>27384897Cope and Seethe
>>27389787No they aren't. You can set your own gas price in the menu. 1inch default gas price is 'fast', this makes it seem more expensive.
>>27389929holy 42, is 150k BAO enough to start making it? i know i won't go from 0 to retirement, but i want to have a sizable sum to start multiplying
RIght ive asked in 4 threads now, hopefully someone will helpHow do i do this? Ive setup metamask. Do i just transfer ETH to metamask, swap ETH to BAO using UNIswap, hold until profit, swap back to ETH?
>>27390038yes, literally just thatthere's also farming with liquidity which you can do on bao.finance, i'd recommend doing that after the xdai migration in february so you don't get raped by gas, i'm presuming you're a poorfag
>>27389750I'm not knocking AAVE, but I would encourage you to read the entire bao docs linked in the thread to learn more about the dynamics behind the protocol >>27388977>WHY ISNT THIS ON BINANCE, WHATS UNISWAPmfw
This in uniswap?Please tell me I’m not going to get shit on if I buy some of this
>>27390038Yes. And don't listen to these idiots tell you to farm unless you are in for long term(3 year long). I have high hopes it will do 20x but I'm not holding it for 3 years
>>27390165I thought the migration was in march
HOLY FUCKWHY IS BAO RISING SO MUCH2 WEEKS > 850% GAINSAND IT WAS LAUGHED OFF AS SHITCOIN
>>27389911Oh I see that now, however all it says it is similar to AAVE of the finance world but for uniswap. It doesn't mention AAVE having problems that I see.
>>27390038>How do i do this? Ive setup metamask. Do i just transfer ETH to metamask, swap ETH to BAO using UNIswap, hold until profit, swap back to ETH?if you're asking how to farm and stake BAO, then this is a useful step by step guide:https://chainwave.substack.com/p/farming-bao-token
>>27390352you might be right friend, my bad, i'm doing like 5 things at once and i probably freudian slipped. >>27390340oh, i thought it was feb. didn't baoman say xdai migration in feb?
>>27390038Correct also link bao.finance with metamask but this part>hold until profitGas fees are really high so unless you're thinking of staying long term don't bother.
so happy i have a bag and im farming more
>>27390265>And don't listen to these idiots tell you to farm unless you are in for long term(3 year long)depends on your exposure to BAOif you can only afford to throw in a few hundred or a few thousand, then farming might not be for youfor others who have a larger crypto portfolio (6-7 figures or more) then yield farming BAO makes more sense since you can throw in 2-5% of your entire crypto worth on this projectBAO represents a new opportunity in the DEFI space, and given the absolute shitshow of traditional markets (look at last weeks gamestop fiasco) I am extremely bullish on this project
>>27390251Who knows how the price will fluctuate, but read the white paper, it is a legitimate project and has partnerships and a roadmap, it's not just like Doge or Shib or whatever where it has little to no fundamentals
>>27390036>>27390251https://docs.bao.finance/risks-of-bao-reasons-not-to-use-baoit's meant for farming, not investmentwith insane gas fees could always buy in now and then farm after pool migration
>>27390579Ah by hold i just meant like, keep it til its +50/100% or whatever i feel is solid enough then convert back. Don't feel confident enough in BAO in particular (though currently researching more into its actual purpose). I just dont want to miss out on the next big one
>>27390511the latest date for xdai migration is March 1stbaoman said if they finish earlier he will let us know, but March 1st is the tentative datecheck the official discord and his medium and twitter to keep up to date on the latest announcements
>>27390833i understand fren, but it will appreciate in price regardless, and i'm looking to make gains off of that. i get that it's designed as a farming token
>>27388567Thanks. I regret not bringing my farm up from 4mm stake to 10mm stake when it dipped after I first bought in, but can't do anything about it now. Just gotta stay humble and tend to my farm.
>>27389929hey 42 im a pretty big newfag (been here since early december and I've heard other anons talk about you and other LINK oldfags, could you explain what those different pools in the medium article are since im retarded?
Best chart for bao? Just bought and want to know how rekt I am
big dick farmer coming through. stay out of the 1inch pool. that's mine.you've been warned.
>>27390511>>27390902What do you do once the migration happens? Do you simply harvest and unstake and then move your univ2 tokens over to the new thing?
>>27390347>AND IT WAS LAUGHED OFF AS SHITCOIN>listening to plebbit nufags masquerading as oldfagsWhenever you see a project with threads and very good discussion, do yourself a huge favor and read the whitepaper and docs. Thats how you make good decisions in crypto.
I only have a small 150k bag but IDGAF. Feels great to have my first x12 in less than a month
>>27390713I got in really early on this project (like .00004) but I'm a huge poorfag with only like 5 million BAO, and I started farming it. I've been getting analed by IL (I've lost like 4 million), is it still worth to farm? I think I'll make up my initial investment and then some, but after should I hold?
>>27390511That's understandable, what problems do you have with AAVE then?
>>27391512i don't have any, i was more just stating what i remembered it saying, personally i like aave
>>27390347Because people are too dumb to read the documentation. It takes like 5-10 minutes tops. That, and people are too impatient to farm and complaining about shit like gas fees and IL despite all the smart farmers constantly reiterating that you warn back your fees within a week or two and IL is balanced out by general price increase combined with farming rate. People want money NOW so they only chase moon missions then get pisses when they buy the top. BAO has been shilled here for like a month now and has had nothing but upward momentum thus far. Just know that if you're one of the smart ones currently farming, you're ganna fucking make it.
>>27390036>holy 42, is 150k BAO enough to start making it?if you want to get in on farming, I would recommend at least having 1 million BAO a 150k stack is a relatively small sum but it depends on your overall crypto portfolio and how much money you're playing withI would recommend reading the official bao documentation (posted in this thread) for detailed information about the project and the timelinesregarding price predictions, who knows where it will go, but if it scales to the marketcap of some of these other services (aave, synthetix, etc.) then we will see big gains the thing that made me jump into this project is their collaboration with uniswap and sushiswapas you can see, uniswap is going places and sushiswap will follow
What happens if you don't stake and just hold it? 500k bag holder here
>>27384496Is there a way to buy this without paying the insane eth fees?
>>27391738Is there a bao telegram I can join?
>>27390036How does $150,000 U.S. Dollarinos sound?
>>27391482>I've been getting analed by IL (I've lost like 4 million), is it still worth to farm?check this anons spreadsheet, the losses in IL become negligible with respect to the gains you make from farming and collecting fees from the uni/sushi liquidity pools>>27388179
What happens is you don't stake and just hold your bag? I've 500k at the moment
>>27392012Aye, I'm just terrible in filtering out the legit hype threads and falling for autism traps..Just bought 4,1M bao, that was my last ETHIs it worth looking into farming with this small amount?
>>27392341>https://www.gate.io/tradepro/BAO_USDT
>>27392346no telegram, discordcheck baomans twitter page too:https://twitter.com/thebaoman/status/1356298135442759682?s=21
>>27392341I just bought 4.1M and the fees were like 28 bucks, it ain't that bad bh
>at 1 penny I will have $150k of bao + $500k farmed and ready to pay me daily for 3 yearsit can't be that easy anons
>>27390833Definitely more info than tons of shitcoins shilled here. Will read thoroughly before deciding to invest
>another pump daythis shit might actually hit a penny by summer
>>27392402there's some good videos on the topic of IL that are helpful in conceptualizing the dynamic:https://youtu.be/8XJ1MSTEuU0https://youtu.be/cizLhxSKrAc
>>27392438you can't farm just BAO. you need to pair BAO and ETH. so say you have 4.1M BAO (~$5000). you need ~$5000 of ETH to pair it with.
>>27392897Or farm, whatever that is
>>27392438>Just bought 4,1M bao, that was my last ETH>Is it worth looking into farming with this small amount?you're going to need ETH to farmyou need to have a ratio of 1:1 BAO:ETH (in dollar value) to be able to generate the uni/sushi liquidity pool tokens that you use to stake on the bao platform
>>27386142I don't see a ton of shilling honestly; mostly just holders making excited threads when it pumps. Discussion in these threads has been some of the best on /biz/ in the last month - lots of intelligent people talking calmly and reasonably about the potential of this project. Though recently as the project gets bigger we've had more 80 IQ posts like >$1 EOY>what is a liquidity pool>what is impermanent loss>what is a dumplingStill feeling pretty cozy in these threads either way.
I'm not going to lie fellas, I'm going to have to get out with my 100k bao at some point. If I don't, you farmers are going to destroy me and I'm too poor to manage. I'm happy with the steady gains we're seeing though, especially today. Think we'll see .005 or 1c eow?
>>27391164https://www.dextools.io/app/uniswap/pair-explorer/0x9973bb0fe5f8df5de730776df09e946c74254fb3
this project is one guy that looks exactly like that dumpling
>>27393181no. but if you're not farming inflation is going to destroy you. best to get out now.
>>27388179Awesome pics. Great size. Look thick. Solid. Tight. Keep us all posted on your continued progress with any new progress pics or vid clips. Show us what you got man. Wanna see how freakin' huge, solid, thick and tight you can get. Thanks for the motivation.
>>27393181I think 1c eom is possible with anticipation for xdai integration, most likely next month though.
>>27384496thank you for the assblaster-esq post 3 weeks ago anon.
>>27393305isn't the coin itself designed to not have to much a circulating supply, with the 3 year lock and burns through voting?
I bought RBC but I think I should've bought some BAO as well now.
>>27393423Explain this inflation thing...why can't I just hodl?
>>27385714>competent dev teambro its literally one guy the fuck u mean lmao
>>27395735it's two guys afaik. but coming from first hand industry experience, i can assure all of you: team size =/= competence and from what i have seen so far, baoman seems capable.
>>27396129After reading his twitter rules I feel very bullish.
>>27395735>>27396129Yeah bros, BaoMan is the real deal. My only concern is that he's wearing himself too thin. Apparently he's been doing 18 hour days to keep up with the momentum of the project and all the new interest it's getting. They're in the process of hiring a few more devs btw.
>>27392647You are a winner
>>27385546this is bullish because either a) its dumb obviously bad fud or b) you actually believe it which pleases me that such a retard is my market adversary. thank you for posting.
>>27384496Can someone explain how the staking works? I pooled my ETH with it, but its not displaying on the website or in my metamask wallet.
>>27396129i guess that makes sense, what other experience have you had?
>>27396703BaoMan comin up on a bag - he dont give a shit bout the sleep rn my nigga gettin in
Is it better to provide liquidity now despite my plan to start farming in March post-migration?I think BAO will be more expensive by March, which will therefore require a larger quantity of Eth to match my BAO… So holding the LP tokens rather than the regular bao tokens in my wallet now in preparation would be advised, correct?
>>27397953If you have a >1 million stack start asap
>>27396857>Can someone explain how the staking works?see the guide here:>>27390394
>>27398352thanks dawg
>>27398123tfw only have 300kguess i'm forced to wait like a poorboi
LETS GO NIGA
1.2mil stack reporting in. I'd honestly wait for xDAI integration before farming. Unless you have 4mil gas fees are going to destroy you.
we hit 13 again today
Is it too late? got 0.1 eth lel
>>27399153Run the numbers it might be worth starting with 300k stack, but the gas fees might eat up any profit
>>27387389This. I don't need to shill. It's proving itself without shilling.
>>27387909>Prepare to get fucking dumped on fools!heh...nothing personal kid
>>27399892Also how do i track my gains with this shit? TOo used to being babysitted by kraken
>>27399435Waiting for xDai has its downsides as well. Look up the distribution. Farming rewards are cut in half soon.
>>27391096>could you explain what those different pools in the medium article are since im retarded?which pools are you talking about?are you asking about the liquidity pools and how to farm?if so check out this link:https://chainwave.substack.com/p/farming-bao-tokenor are you asking about this medium article?>>27389657>https://thebaoman.medium.com/draft-proposal-staking-rewards-and-fee-burns-34299cde6d69he says they are similar to Sushi - xSushi pools where you can collect some of the fees and token burns and redirect it to your farmbaoman had an interesting thing to say about someone commenting that burning was not a good feature:https://www.placeholder.vc/blog/2020/9/17/stop-burning-tokens-buyback-and-make-instead>I think the Joel M article has very good insight into why burning mechanisms might not be optimal, especially in the early stages of a project. They do NOT incentivize active participation in the protocol, which IMO should be the priority. They re-distribute wealth among the current holders, rather the incentivize them to get more involved in governance, liquidity pools, trading, etc.baoman:I think this is the most interesting point. But, I'd argue that buy-and-make doesn't do that either.But I do think this is a really good idea. So I wonder if there is a way to capture value of those burns and focus it more on people who are actively adding value to the protocol.I'll have to think about this, but that sentence I think is a very important concept that is on to something.
>>27401324https://app.zerion.io/
>>27401491the average pool gets around 3000% APY. 1500% APY on staked pairs is still good. What makes this better for smaller farmers is that xDAI is expected to have 0.25-0.50 gas fees.
>>27395576Because millions of BAOs are being farmed every day. Even though the release schedule avoids a massive dump like other farming projects, there will still be huge inflation over time
>>27401324Where the fuck do i see my BAO in metamask
>>27395576>Explain this inflation thing...why can't I just hodl?https://docs.bao.finance/distribution-tokenomics
>>27399739>we hit 13 again todayhttps://youtu.be/EisCj-htPFA
Lambao
Questions for a crypto noob:1: Is it too late to get into BAO?2: Is best way to get ETH and swap via Uniswap?3: How do you sell when it's done? I'd imagine after swapping the coins are in a wallet then you just Uniswap back to ETH and sell4: What are gas fees like?
these are good sites to check out your impermanent losses and your gains on your liquidity pool tokens:>https://apy.vision/#/>https://yai.finance/tracking>>27403392>Questions for a crypto noob:>1: Is it too late to get into BAO?no>2: Is best way to get ETH and swap via Uniswap?yes, buy via metamask>3: How do you sell when it's done? I'd imagine after swapping the coins are in a wallet then you just Uniswap back to ETH and sellyou can use uniswap to sell>4: What are gas fees like?not cheap (to get my liquidity pool tokens from uniswap via ETH-BAO pair, it cost me $170 in total gas fees) and then you have to pay another fat fee to start farming your uniswap liquidity pool tokens>mfw those gas fees
>>274033921: No2: Yeah3: It's never done, the ride never stops4: Hell on Earth
MY BAO STAY SUPER TASTYMUNCH MUNCH MUNCH MUNCH
>>27401986Tried this, only shows my ETH though not my bao?
>>27404636this one's betterhttps://yai.finance/tracking
Would BAO trading synthetics allow for some kind of crypto index fund?
>>27405925yes it would, literally anything is possible
>>27405266That one seems to show nothing, weird. The zerion works but only shows my ETH and shows my amount before buying bao
>>27384496bro i have so many bao wtf manewhy didnt' i just trade stonks and learn options FUCK MY LIFE REEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE
Bought BAO but I’m a poorfag who can’t farm. I fucked up frens
Proud owner of 47k baoThios fcuker better hit at least 1c
>>27384496im trying to stake my bao but in order to get it into the farm its asking me to pay a hundred dollar gas fee.... whats the deal with this/is there any way to make this any cheaper?
>>27407249it will man, it will. Should I buy more BAO daily? the dump doesn't seem to be coming and I'm already farming.>>27407346I paid 50+20$ (you need to approve two transactions)wait for a cheap gas rate and don't even think about it if you're going to pay more than 10% worth of your stack in gas
>>27407346Wait until nighttime in north america and the fees usually are lower.
>>27407647okay thanks for the input>>27407558
>>27405925dude, BAO synthetics will allow fucking pink and green wojak indexes if you want. that's why we're so pumped up about this - literally any asset imaginable can form a syn. asset.
Realistically what price will this hit, EOM
>>27409177not sure friend, maybe 5x from now? 10x? This is still very early stages as it hasn't even hit a cent, but it has a lot of potential
>>27409245Is holding an ok strategy? Sorry ive posted a ton of retarded shit in this thread, just looking to honestly learn and get better here, Should i bother farming if i don;t have much to spend on fees?
>>27407558How low can I expect it to get to?
Ah shit I have both REEF and BAO, both are very low mc wise, seriously considering moving my REEF stack to BAO.
This fixes my IL problem.
I would be in this so much bigger if I had more cashI get it now about finding projects you believe in. This is the first one I do and I just want to get more desu
>>27409704tfw you have 8700 BAO-ETH UNIV2 tokens
Think we will see a market cap of 1 billion this year?
>>27409371most people would tell you no, but personally, i think yes. BAO will appreciate in value over time, even if it has its dips, and there's nothing wrong with not throwing it into a freezer for a few years just to make more APY, especially when your initial investment is small.
Not selling until 10c
>>27409906Can I still get that amount of tokens by $16'000 worth of BAO-ETH?
About to break ATHIM COOMING
>>27410244close to itbut the price did go up since last night so I can't say for sure
>>27410320and there it goes. fucking hell, we might see .0015 eow
>>27401986Still can't get this too show...is it meant to show BAO as a seperate asset? or just list is under ETH
>>27409906Basado. 7100 SLP and am farming in multiple other pools. 42, do you get the same read I do on BAOman? The guy seems incredibly seasoned, professional, and almost "undercover", like a dev who's been around - and started the project as lowkey as he could, to give fair distribution. BAOman is half the reason I invested in the project to begin with.
>tfw "only" 700 lp tokens>still farming an absolute assload and been at it 12 days nowFeels good man
>>27388977I've been reading the docs and am just dipping my toe in understanding LPs and impermanent loss. I understand that bao's strength is being able to create an asset at any time to essentially track anything, right?Like,"I'd like to long the unemployment rate, I'm going to create an instrument to do that right now, using BAO" is the example their docs use.Can you explain the moat BAO has that separates other synthetic coins that already exists? Why can't this be done using the other coins?I only have 100k and was going to buy up to 1million to farm on this last dip, but I see I'm too late. I probably would still wait until the DAI migration to start farming anyway so I'll keep an eye out. Thanks for any insight anyone offers.
>>27411446Apparently he's only been developing with solidity for less than a year. 15 years of business experience though
>>27411961One thing to consider about waiting is that the block rewards are going to half in 2 weeks. That'll have a not-insignificant impact on apy
>>27384496WTF BROS? WHY IS IT PUMPING SO HARD? AAAAAAAAAAAAAH
SOON
Wish me luck boys, just sold 1m bao of my 2m hoping to rebuy cheaper if it dips to .00100 again
Correct me if I'm wrong, but isn't one of the reasons this pumps all the time because people are locking away their stash for stacking?Meaning there isn't really a sellers market, but more of a buyers market.
>>273857141 man development team
Look into it lad, legit project and a huge % of the supply is staked right now . Any slight buying pressure = major pump
>>27412645We are going to $40.
>>27384496How do I buy BAO
>>27412775i'm a 1 man developer too, what's your point. I made something a few years ago that accrued 100k downloads and made me famous for a bit. Anyone can do anything, in fact, the fact that it's a one man team gives me more confidence because there's no room for error, it's just one guy doing things his way. Teams allow for inconsistencies and the potential for a shitty member.
>>27412818You swap ethereum for BAO on something like uniswap.https://chainwave.substack.com/p/farming-bao-token
>>27412949Exactly, it's stable like a monarchy.
>>27384496where do i buy this?
Noob here, how do I farm?
most of my networth is in BAO
>>27414169Ahahahaha everyday we pump and everyday more people ask where to buy and how to farm.Absolutely bullish. We’re so early!
Please stop pumping for a week or two
>>27414039Close your eyes and hold out your hands.
>>27388179That's awesome bro
>>27414233that is a big bet. I'll think about it.
>>27414630No! YOU BUY BAO NOW.
>>27414233same, 50% nw in bao, the rest is locked in my fucking automobile kek. jacked into this shit real tight.
>>27413078uhhh i don’t know how
Portfolio?>25% bao>50% ETH/bao SLP>25% baoyeah, I'm gonna make it
>>27415157The link has pictures...
rip just spent 60$ to shift 600$ from a shitcoin to BAO, how am I supposed to know the first tx is just asking for permission for UNISWAP to fuck my ass and not the real gas price. w/e I'll get only 800% up instead of 900%.
100% BAO / ETH chad here entrypoints: .0001, .0004, and .00056Shilled this early jan idiots here wouldn't listen
I should sell BAO for fiat for all these new fags that don't understand uniswap yet.
I only get around £400 a month. And £80 of that has to go to fees. So that leaves around £300. How shall I plan to invest into farming BAO with this amount per month? Any advice would be great as I want to maximize what I can earn before December.
.0014 accepted?
>>27415885>Shilled this early jan idiots here wouldn't listenThanks. BAO was my first try at DeFi.
so glad I got in this at the start of January with a 10M bao/eth farming stack. feels good to be early for a change
>>27414039Holy fuck just read the fucking thread you fucking retard.
So happy for my baobros
I'm thinking of tossing an ETH into this. I'm not interested in farming or staking or anything like that. Good idea?
>>27416766literally no if youre not going to farm, bao is not to be seen as an investment, its right there in the docs
>>27416766The pumponomics seem to be more solid than concrete so you can set an easy sell at 1 cent for sure. your bao may become less valuable as staking rewards unlock though, so it's not the wisest idea long term.
BAO pays you money from a made up token. This is a zero sum game. Some will leave with 10x, some with 100x, but most of you will lose your wealth forever.MUSE gives you a share of all fees from an NFT DEX. When normies are trading rare skins and concert tickets on NFT20, you are making money from each transaction. If you own 700 MUSE, you get 0.1% of all fees. They just made $1,000 in a single day. If they make $1M, you will make $10,000
>>27417421Scam
>>27416968That's what I'm thinking also. Thanks bro.
>>27410985literally about to hit .0015 lol
>>27417421Ya these are all scams, I'm not sure you've noticed. In fact, our entire economy has been built on similar scams for like 80+ years now.
>>27395735Kek this. There is even a warning on their site to say just this. Fuck is wrong with you all. Get in rbc ffs
How do I sell locked BAO. I should be able to make a smart contract for future realized BAO.
went from 200 to 2500 dollar feeling like a baose
If I will start staking my coins are locket until 2022 and all staked coins I will receive in 2022 as well?
>>27414770I made a nice X10 already, so that's why also lolI'll ride this to 1c, maybe moreBAO is life
>>27417689fuck me it did, hahahahaha
Anon 1 man team? No thanks. To those in the green play it carefully and get out before it rugs.
>>27418189lmao the fud is beginning. stupid retard
I gave BAO to a friend but it's not showing up in his metamask wallet. Does he have to add the token? I can't remember if I did or not
>>27418461i think you have to add it, i had to
>>27412949ARCx dev is that you?
>>27418461yes they have to add the token, you can copy it off coingecko and then paste into metamask
>>27395735>bro its literally one guy the fuck u mean lmaoIF YOU join the discord you would know that baoman is in the process of finding more devs. pretty sure he hired 1-2 already.
>>27418534nah, i'm relatively a newfag to crypto, I did steam modding for videogames
>>27418278Why would I fud a dumpling coin that I would never buy? You should be afraid of a single anonymous person having control of your investment. I have made money off of these types of shitcoins so I get it im just saying don't get too greedy with this one.
Just buy Sake token because it's so heckin cute and validated
Guys I can't bring myself to pay $100 in uniswap fees to get one eth of this. I'm so fucking sick of these fees. Do I have any other cheaper option?
>>27418727oh no i'm quaking in my boots, a single anonymous person has 20 dollars of crypto i bought, oh no, whatever shall i dooooo
Please stop pumping I'm getting destroyed by impermanent loss
>>27418751>the color scheme is the trans flagwait a fucking seond
>>27405925> crypto index fundbased as fuck, anons already thinking about indexes.
>>27418771You need to do it around 6am GMT
>>27418461Go to metamask->add custom token->paste bao address
>>27418771yeah, wait for xDai migration. bao will probably be higher tho
>>27418771 Buy on gate.ioIts normal exchange with like 0.3% fee
>>27418727>dumplingSwiity no, that is a Japanese garlic
>>27418831>Please stop pumping I'm getting destroyed by impermanent losssame i literally just broke even after farming this for like 3 weeks
>>27418819>you're a poorfagOkHave fun playing investor with scams.
>>27419092Is the farming not offsetting that though?
>>27418831Can you see IL in real time?
>>27419018Canadians can only trade mainnet coins and not tokent. Fuck it I'll just bite the bullet and eat a $100 fee AGAIN lolWhoever fixes this issue will be very rich. What projects are focused on that?
>>27419114already made 10x but thanks buddy, i'll wave to you when i make 100x because you were too scared of "1 person dev team"
>>27419092what site is this?
>>27418727Thank you for caring for our financial well-being, Anon :3Now go buy XRP while I keep doing my own research on my already 15x of the month :3
>>27419092Impermanent loss is such a stupid name, it's almost always permanent
Bao is bae
>>27419373Cash that golden ticket out and after gas you can buy 4 link
>>27419177it should in due time, i got in at like .00004 but im an extreme poorfag who only put in like 200$. Seeing me losing this much is pretty insane since it's more money than ive ever had in my entire life>>27419384apy.vision
>>27419639But you will be up wETH at the other side
>>27419470Because my options are only either a uniswap scam or a failing jewcoin? I didnt think much about this coin before this thread but now im just excited to watch you telegram shills get rugged.
>>27419822yes, but nowhere near the amount of BAO that I lost. Pic is when I checked apy.vision, as you can see I lost about 6x what I got back in wETH
>>27419994If it helps you, go ahead, Anon. Keep coping! :3
>>27419994cope nigger
>>27420037Just hold steady - when ETH rises you'll get all that BAO back. Current best strat is to be staking 100% of your BAO in to LP tokens and 100% of them in to farming. This coin isnt going to 0.01 this side of summer and ETH is due for a kick soon so everything will balance out. Keep farming, collect that at the end of the month and then sit on these for 3 years and you'll make it.
What's the minimum for a suicide stack?A million BAO?
>>27420603I thought it was continuing until December? Why do you mean end of the month?
>>27420037>>27420603Happy to hear this anon - I've a 5m stack as well and farming.
What the fuck do I do now. Take profit?
>>27420603that's the plan anon,I already put everything I have into farming. I started in december with 3000$, blew 2k on GRT at .70 like a fucking retard and the rest on shitcoins besides this one, which I actually liked. I'm not selling until the marketcap of this guy hits SNX level, I legit think it can get there since it improves on SNX which is a great idea in itself
>>27392223Would also like to know too. 500K here too anon
>>27411446>42, do you get the same read I do on BAOman? The guy seems incredibly seasoned, professional, and almost "undercover"I get that feeling tooit's a big reason why I went in with this project
>>27420716At the end of the month there is a migration to xDai which will mean *MUCH* lower fees for harvesting. Definitely carry on staking all year if you can afford to, but you'll want to harvest the current batch just once at the end of the month and have to stomach the horrible $100 ish gas fee. After that it'll be pennies to harvest and you can do it much more often. But for now.... just sit on your hands and wait, there is nothing else to do now. You're strapped in to the rollercoaster, getting off early = definite loss.
>>27420613Get out of this idea of suicide/make it stacks - there is only what you can afford to play with now vs what you cannot afford. A suicide move is over stretching and losing it all. Be happy with what gains you make - there is more to life than all this crypto. See it as a nice little extra. The plebs here who claim to be millionaires are almost certainly not.
nah catch this shit and pump my shit bag hopefully it moons lmao is it a good idea?app.uniswap.org/#/swap/0x244491E12faC24b0eE83D68B128aFc5E94B23f88
Gonna go sleep, hope I won't regret not taking profit at 001488
>>27421138Hodling is fine, but this really is a farming coin. There are better small-coins I would be hodling at the moment than this (ATH or ZRX for example)
>>27421862over the course of 2+ years you will regret *taking* 0.001488
I want to keep my 10MM Stack, so I'm using other coins to farm.
>>27421335Its fucking Jack Ma!!!
>>27419994>just excited to watch you telegram shills get rugged.honestly hate when faggots act so smug because they get in early. don't listen to those faggots, anon.>t. bao holder
>>27421400Do I need to do anything with my tokens for this migration?
If you buy this shit you deserve to lose all your fucking money you believe your gonna hit 1penny with that supply
>>27422885We are going to $40.
>>27422885I can show you multiple coins that are over 1 dollar with bigger TOTAL SUPPLY. Let alone circulating one. The moment this shit hits top 100 is the moment it goes over a dollar.
>>27384496Is there anywhere to short this?
>>27422885>SupplyYou are never going to make it. This is a HIGH IQ/low IQ coin and you are a midwit. High IQ is buying because of tokenomics and usecase... low IQ is buying because cute logo.
>>27384496Please get me there after my losses with $SHIB i cant anymore please god
ooooooooooooooooooooooooOOOOOOOOOOOOOOOOOOOOOOOOO
Farming anons I have a question. When you can withdraw farmed coins? Both those which you've put to farm and new one that you generated? You can get then any time?
>>27421400I thought you need to have the bao spread across 3 years though?
>>27423105Those you put to farm at any time. Those you have gathered you get 5% instantly and the rest will be slowly unlocked daily over 3 years starting in December (if everything goes to planned).
>>27423485You get out what you staked plus 5% of the locked ones. The timeline is in the white paper I think
>>27421335Hiya 42, are you ready to take my virginity today?
https://debank.com/portfolio/0xbd530a1c060dc600b951f16dc656e4ea451d1a2d
>>27423647was meant for>>27423485
>>27423824>42Who is number one?
>>27424065>Who is number one?https://baoboard.com/
>>27420037my question is, if you had instead waited to generate your liquidity pool tokens, would you have more or less of them when BAOs price was higher?is it better to generate the liquidity tokens when the price of BAO is lower or higher (relative to ETH for example)?
>>27423242What if I bought it for all the reasons you just listed?
>>27423242>High IQ is buying because of tokenomics and usecase... low IQ is buying because cute logo.my wife got me to look into it because she said it looked cuteafter looking into the tokenomics and reading, I invested a nice chunk of change into itbased baomanhttps://youtu.be/YYgnCNNmixE
>>27388437You have 8k LP Tokens and this is just 5% of your portfolio? Holy shit.
>>27424914>You have 8k LP Tokens and this is just 5% of your portfolio? Holy shit.there's always opportunities anon, BAO is the next one, if you stick around for a few crypto cycles you can be where I am and beyondyou have to play it right though, you need to keep moving from opportunity to opportunity~90% of my portfolio is in a combination of chainlink and linkpool (ICO buyer)
>>27424832
>>27424563>is it better to generate the liquidity tokens when the price of BAO is lower or higher (relative to ETH for example)?anyone have an answer?or is it just going to cost you more ETH to stake the same amount of BAO (assuming the price of BAO goes up relative to ETH)
>>27423515>I thought you need to have the bao spread across 3 years though?once you harvest your BAO earnings from staking, it gets locked for a year and then paid out to you over 3 years (day to day)>>27423808>Hiya 42, are you ready to take my virginity today?let's keep it focused on BAO
>>27426085>let's keep it focused on BAONuh uh.
>>27424563I'm not exactly sure since as I said earlier I'm a retard, but I'll take a guess based on what I know. I think starting earlier is better since I receive LP tokens based on my liquidity share, right? So the earlier I start, ie the lower the price of BAO, the higher liquidity share I have, and thus the more LP tokens I get. However, the main risk here is obviously the fact that I started so early that IL fucked me over, but I'm pretty sure as other anons and you have said I should be making it back and then some. I'm not sure if starting a bit later to mitigate IL would have been better, but I'm pretty sure since I'm farming earlier is better since I have more time to mitigate IL.
>>27426180>I'm not sure if starting a bit later to mitigate IL would have been better, but I'm pretty sure since I'm farming earlier is better since I have more time to mitigate IL.I think fundamentally that's what wins out in the endcheers>>27426164bump limit reachedwhere's the next thread?
>>27426085I don't get that paid out part honestly, so lets after a year your baos get unlocked, will you be paid according to that pricepoint that exact year for three years, or will it devalue slowly day by day of your payment, because it keeps loosing value from there on out?
>>27426310I guess here>>27420802
>>27423242>>27422885
any anons actually looking at creating index synths in the future?
>>2742654242 chekt
>>27426490>I don't get that paid out part honestlyhttps://docs.bao.finance/distribution-tokenomics
>>27425616I have 21mm of DAO and was thinking only about hold. Do I really should consider staking? Im not convinced to lock my coins for a year