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/biz/ - Business & Finance


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27661731 No.27661731 [Reply] [Original]

Site
>https://www.bao.finance/
How To Farm
>https://chainwave.substack.com/p/farming-bao-token
twitter
>https://twitter.com/thebaoman

>> No.27662159
File: 12 KB, 217x219, IMG_20210119_083914_489.jpg [View same] [iqdb] [saucenao] [google]
27662159

How do we profit from cash advances for Locked Bao?

>> No.27662491
File: 647 KB, 220x226, baohat.gif [View same] [iqdb] [saucenao] [google]
27662491

>>27661731
How far will this dip go lads?

>> No.27662542

How do I see what my staked lp tokens are worth?
Zapper isnt tracking one of my pairs

>> No.27662583

>>27662542
yai.finance

>> No.27662608
File: 281 KB, 675x675, BAOChad.jpg [View same] [iqdb] [saucenao] [google]
27662608

>Why yes, I do know how to transfer my funds to Metamask, buy BAO on Uniswap, provide liquidity on Sushiswap, and then stake my LP tokens on BAO to farm millions a day. How could you tell?

>> No.27662662

>>27662542
https://defimarketcap.io/search?q=bao

Not sure how to check for other pairs

>>27662583
This stopped working for me after I sold 2/3 of my tokens, Idk why

>> No.27663010

>>27661731
if it already mooned, is there a reason to still jump on the train?

>> No.27663029

Did anyone see the buy orders get triggered after that 100Million bao sell before? Rather bullish.

>> No.27663087

>>27662583
>>27662662
Thanks Bao bros

>> No.27663116

I'm gonna get fucked my impermanent loss I should've just held

>> No.27663131

>>27663010
Binance bought 800 eth worth in the last day.
Directly from their main wallet into their site.
It MAY mean a binance listing (whereupon the price will violently shart upwards).

>> No.27663147
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27663147

>Y..you like my BAO?
>T..thank you

>> No.27663311
File: 1.49 MB, 1440x2960, Screenshot_20210202-201555_Instagram.jpg [View same] [iqdb] [saucenao] [google]
27663311

How many bao minimum do I need to make farming profitable? What are the gas fees looking like?

>> No.27663399

What are your price targets? What are the upcoming catalysts? why does this look promising to you?

>> No.27663518
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27663518

>>27663010
See. You could’ve said that last night. And the week before. And the week before that. I thought the same thing about AAVE and it just keeps going. Bao is going to be the next AAVE if not bigger. Don’t underestimate the power of its memetic DNA and it’s partnerships.

>> No.27663740
File: 205 KB, 1080x1920, Screenshot_20210204-022925_Wallet.jpg [View same] [iqdb] [saucenao] [google]
27663740

What the fuck are these bullshit prices this is fucking ridiculous. To clarify I'm not selling any time soon but the mining fee is almost always more than what I have in total, such horse shit. What do I do? Is it the same on Metamask?

>> No.27663921

>>27663740
Buy DOT.

>> No.27663976

>>27663740
yeah its fucking ridiculous. i'm just gonna hold until we can stake with something more useful than Ethereum

>> No.27664017

My farming got absolutely FUCKED with this most recent pump. Was doing 6M/day now I’m doing less than 3M.

>> No.27664019

>>27663311
You would have to get 30k to enter with the same amount of LP I did a month ago.
And you'd be a month behind.
And gas is about $100 per tx.

>> No.27664159
File: 56 KB, 300x289, baobao2.png [View same] [iqdb] [saucenao] [google]
27664159

>>27662491
binance created a nice floor
if they don't sell then we have a nice .0021 safety net

>> No.27664795
File: 90 KB, 278x360, 1612319825303_360.gif [View same] [iqdb] [saucenao] [google]
27664795

>>27661731
currently farming 3700 bao/eth tokens

enough to make it anon or should i be acoomulating more

>> No.27665148
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27665148

Gonna FOMO another 200,000 in tonight I think. I'm up 400% from initial purchase, but I don't want to miss the big 1¢ jump.

>> No.27665397

it needs solid correction

>> No.27665579
File: 42 KB, 970x559, Capture.png [View same] [iqdb] [saucenao] [google]
27665579

>Head and Shoulders

OH NO NO NO

>> No.27665916
File: 178 KB, 1704x841, Humble Farmer 2-2-2021.png [View same] [iqdb] [saucenao] [google]
27665916

I am just a humble farmer, tending to my BAO.

>> No.27665974
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27665974

>>27665148
Based and Baopilled.

>> No.27666200

I’m farming have 10million locked. Sold my liquid 10million going to buy back in after the inevitable. But the biz way is to buy pumps and sell dumps so have fun anons

>> No.27666439

Im staking my LP tokens but I need your help convincing myself this isn't a scam coin. Do we know the status of the codebase? Is there a github? How exactly does bao facilitate synthetic assets?

I want to believe bros

>> No.27666725

Say I have tokens on metamask as I'm not farming, can I just send the tokens to gate.io and then trade them for ETH?

Wouldn't this be cheaper than swaping them for ETH?

>> No.27666810

>>27664795
lmao i'm only farming 200

>> No.27667175

>>27663976
xdai in a month :P

>> No.27667199
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27667199

>>27666725
>what if I swap instead of trade

>> No.27667239

we're hitting a nickel before it gets warm

>> No.27667261

>>27661731
is it worth farming if I wanna throw in like 100 dollars?

>> No.27667303

>>27664795
I honestly have no idea. I'm farming 1300 and I'm just going to sit back and hope everything works out. Yes I read the docs, no I still cannot comprehend the scale of what baoman is trying to accomplish.

>> No.27667484

>>27661731
Thanks OP seen this for a while couldn't figure out how to start my new life as a farmer. Is it true though if I gain too much I can't retrieve profits without paying for the fees out of my own pocket. Like if it rose too high for my wage slave rate it could be locked forever and inaccessible?

>> No.27667501

>>27665916
HUMBLE SPREADSHEET FARMER. CHECK YOUR FARM. I NEED SOMEONE TO CONFIRM THIS TO ME. DID YOUR FARMING GET CUT IN HALF? I WAS DOING 6M/DAY AND NOW I'M ONLY DOING 3M/DAY.

I feel like we went through a halvening but no one is talking about it. Are you farming much less today!?!?!?

>> No.27667651

>>27667501
Not him, mine seems to have slowed down but I can confirm tomorrow I usually check at 230pm MST but haven't in a couple days

>> No.27667816

The site is not working for me.

Apparently you can access the smart contract directly? How does one do that? Help frens.

>> No.27667868

bought 2mil for $200 and now I want to kill myself

>> No.27667927

>>27667501
Just go on this website to check the APY
https://baoboard.com/

>> No.27667972
File: 30 KB, 200x200, 742F147A-C6B6-4E59-9345-C9CA5E3EF1F7.png [View same] [iqdb] [saucenao] [google]
27667972

BAO saved me from bankruptcy. I had to sell mine. Thank you. I only have small farming gains.

Be strong, BAO.

>> No.27668055

>>27667816
Site having issues because cloudflare.

>>27666439
I thought the same 3 weeks ago. Only thing i can tell you is to join the discord, get a feel for Baoman, and consider that this is on sushiswap's 2021 roadmap. The only reason i came to trust this was through community.

>> No.27668080

>>27667501
>>27667927

YES mine is half of the calculation based on the 1-day value on baoboard

>> No.27668297

>>27667972
based, good luck anon. buy more bao when you can

>> No.27668310

>>27668080
ME TOO.

I NOTICED IT'S SLOW AS FUCK RN.

>> No.27668476

>>27663518
how is it gonna be the next AAVE?

>> No.27668509

In twelve days I have farmed over $2000 dollars at current prices. How is this real? If Bao is legit can I just fucking move to Vietnam, marry a QT, and eat 50 cent pho for the rest of my life???

>> No.27668548

>>27665916
do you need to have BAO to farm it?

>> No.27668803

>>27668509
I mean, even with 50k that's still just $45 a day over 3 years.

>> No.27669175
File: 281 KB, 600x777, baoFDJprintergobrrr.gif [View same] [iqdb] [saucenao] [google]
27669175

>>27664795
Throw that gif away, here's the new one. accumulate more bao but don't farm them due to IL. have 3100 LP and is looking kinda ugly

>> No.27669228

Hello bao boys.
Can one of you explain why anyone would use a pool other than BAO-ETH? It has 32000 per block while the others have 8000 max. I'm looking at other pools but I don't quite get it.

>> No.27669630

>>27662608
why is it better to stake on sushiswap instead of uniswap?

>> No.27670177

>>27669228
if the coin you are farming pumps or dumps a lot (against eth) your LP tokens will get you less money when you trade them in. this is called "impermanent loss". because bao is more risky to stake (as the price is more volitile) less people stake it so your returns will be better. basically it’s higher risk, higher returns (you want bao to crab if you are staking it)

>> No.27670330
File: 485 KB, 1500x1000, Steamed-Pork-Bao-鮮肉包_Resized-2.jpg [View same] [iqdb] [saucenao] [google]
27670330

where can you get bao?
there's no chinese people near me

>> No.27670493

>>27670177
But you get bao from every pool. How does the block rating relate to APY?

>> No.27671205

>>27664795
farming 1200 here, wgmi don't worry anon. also the imp loss you will likely face means nothing in a year when our stacks release, burning begins when synths are minted, and we're raking in a stable .10-20 cents a bao every goddamn day.

>> No.27671639

>>27668509
I would love that life. But actually, bao farming doesn't last forever. this is just a distribution minigame. Every few weeks the block rewards halve until it stops, and then we use our bao to do bao things.

>> No.27671716

>>27670177
Why should I care about IL? Currently I lost about 8 percent value from my LP tokens, but they're still way up in value anyways. Also this doesn't even affect your APY or baos per day, right? Or am I misunderstanding?

>> No.27671910

>>27667501
Yeah because bao price is mooning. I was farming 2m/day before now I'm farming 200k/day. Yes I started early, yes I'm poor, and yes I'm using shitcoin-eth LP instead of bao-eth.

>> No.27672018

>>27664019
How much did you enter with though?

>> No.27672021

>>27671910
Why would the price affect farming rate?

>> No.27672147

>>27671716
Let's say you lose basically 90% of the value of your LP, hypothetically. You're left with the farm rewards that will be dispersed over 3 years.
That's where they're going with this.

>> No.27672178

>>27669630
Sushi LP pools have higher rewards.

>> No.27672301

>>27672021
What do you think the apy is referring to if not the value of bao farmed?

>> No.27672980

>>27670493
no, rewards are divided evenly so apy comes from how many people (or how much of their money) are also farming in that pool. that pool returns more because less people are farming it. im just telling you WHY i think less people are in that pool. if it were less risky, more people would farm it, and the returns would be lower.

>> No.27673081

Does this have another x10?

>> No.27673133

>>27671716
it doesnt affect your rewards, but when you take out your initial investment (the eth/altcoin you were farming with) you will get back a lot less. if you only care about bao long term, then this wont matter to you very much.

>> No.27673442

>>27667501
You do realize that the farm multiple is reduced as time goes on, yes?

>> No.27673490
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27673490

>bought 300k BAO when it was at $.00008 and been staking since
>seeing the price now
not even mad, wish I put some real money into it though

>> No.27673510
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27673510

>>27673081
check the % and give me your opinion please, I'm saying yes

>> No.27674814

>>27673510
this has a 100x in it, when it hits .2 after burns begin.

>> No.27675028

>>27674814
Can you explain to me the burn part? I don't fully understand how thats gonna work.

>> No.27675499
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27675499

>>27667501
We may have just hit week 9, a halving, I could be wrong.
docs.bao.finance/distribution-tokenomics

>> No.27675632

>>27672147
A 5x increase in bao price is only a 25% IP loss. Theoretically, you’ve made up that loss by yield.

>> No.27675639

is it safe to put money in this? it has been going consistently up the few weeks it has been on the market, is that bullish? or is it done now?

>> No.27675665

>>27665579
Trade if you want, not selling my BAO.

>> No.27675686
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27675686

>>27674814
if bao kicks off, I'll be retired in a year or two

>> No.27675811

>>27675686
Getting in on Bao at .0001 was one of the best decisions of my life, even if it was only with $200

>> No.27675874

>>27668476
Read the whitepaper, bro. This is only the first phase. Bao is going to allow for the creation of synthetic assets (AAVE, SNX).

>> No.27675973

>>27661731
>Harvesting your locked BAO triggers a timer to start releasing 95% of your BAO to you after one year on a 3 year trickle payout schedule.
Wait... what?

>> No.27676116

I cant decide between selling my LINK for BAO or RBC. Which should I do?

>> No.27676145
File: 37 KB, 1014x517, Bilde_2021-02-04_052330.png [View same] [iqdb] [saucenao] [google]
27676145

Are we here now? Or is it too late? Answer me

>> No.27676248

>>27675973
Not quite. You receive 5% and the rest remains locked until December. At which point, you get paid daily for three years.

>> No.27676376

>>27676145
We are going to $40.

>> No.27676419

>>27675028
there are multiple methods that can be used, but aren't fully decided upon yet.

1. minting tokens - mBAO, xBAO, pBAO. Each will have a different percent yield and use case, like xSUSHI/stkGRO with different burn rates and holding ratios.
2. collateralized synth assets - asset classes that need hyper collateral to balance against BAO/BAO tokens. (SNX requires 750% collateral burn).
3. community burn - we vote for burns whether treasury or remaining balance once farming ends.

All of these cause deflationary price increases, and parallel exponential growth betwixt all tokens.

800b total BAO post farming (total distibuted)
2.4b MC (SNX current MC)
That's the current price of BAO. Add in collateral burns of 750% for SYNTHs, 40% to get an mBAO token....

We are looking at 15cents by EOY'22

>> No.27676444

>>27676248
Assuming BAO stays this price or more I'll be able to live off BAO alone by this point.

>> No.27676536

>>27676419
>That's the current price of BAO
.003 was the answer to my MC math.

>> No.27676546

>>27676419
Why only 15 by 22? Isn't that really slow, when it has already soared and is only beginning? Please give it to me straight

>> No.27676650

does this coin have any ties to india?

>> No.27676815

>>27676546
3 years of distribution.
5% over first year, and daily unlockables with sell offs and burns. Not everyone will mint, traders will want to cash out their tokens for daily rates which will cause a sWAVE in price volatility.

>> No.27676850

>>27676650
No and that makes the scammers seethe.

>> No.27676910

>>27676815
Ok, how would you recommend me to buy this? Buy right now, or will it dip? When do I exit? Will it continue to grow this month?

>> No.27676988

>>27676815
also, is the fact that it started crabbing the last few hours concerning or is it OrGaNiC and good?

>> No.27677288

>>27676650
>>27676850
I trust bao now and shall henceforth bow to baoman

>> No.27677478

>>27676910
you should use whatever tokens you have to farm as much as you can for the remainder of the year.

buy if you want to but it's not a traditional investment.

LP tokens are the safest hold in DEFI. you're money is as safe as can be and it limits your swing temptations. You're IL will suck, but that's why you choose a coin that isn't super volatile with a high APY. do your research or choose a stable coin farm.

If you want to buy it, sure do it. it's a great hold. but remember you are buying a fraction of an exponent. this will be worth way more in a year than it will in 2 weeks and any slight correction we see will be a blip on a radar in a years time.

take if from me, early on i swung my liquid stack (5% harvests) into a shit coin and lost it all (currently my 6m BAO would've been 15k$) learned my lesson.)

this is a HODL for sure. Crypto like this doesn't come along every day.

Best investment of your life and you will thank me later.

Also, join the discord its comfy as fuck.

>> No.27677788

>>27677478
Ok thank you! Can you explain how much one wins from farming compared to regular buying? Is it safer but slower, or is it like an exponential increase?

>> No.27678471

>>27677788

>Case ONE:
When you buy, you have a fixed amount due to the dollars you spent.
1$ gets you so many BAO. and the worth fluctuates with the price.

>Case TWO:
By putting up LP tokens, lets say $50 ETH and $50 USDC. Your investment stays staked at $100 (because its a stable coin, IL would kick in if it had any volatility). You would then use those tokens to farm. yielding a variable amount of BAO per block based on your percentage of the liquidity pool.

So in both cases, you spend $100 initial investment.
Except Case One, your return is always in relation to the amount of tokens you purchased.
Case Two, your $100 in ETH/USDC is sitting waiting for you while you now also have 1000%APY in bao. essentially 10x your investment.

These examples don't include gas.

>> No.27678812

>>27676988
It's legit fine. I've watched this token for the past several weeks and there's always some market correction after a massive pump (which it just had and usually occurs around weekends/developments) and before long it'll be blasting off breaking new ATH's.

>> No.27679752
File: 104 KB, 954x689, Bilde_2021-02-04_061639.png [View same] [iqdb] [saucenao] [google]
27679752

>>27678471
>>27678812
Is it bullish when the site tells you not to buy it? That is anti-scam?

>> No.27680183

>>27679752
yes

>> No.27680184
File: 203 KB, 711x1576, SmartSelect_20210203-200933_MetaMask.jpg [View same] [iqdb] [saucenao] [google]
27680184

Dumped 1500 LINK at $40k into dumpling coin. Fuck it I'm sick of my portfolio being stuck at 50k.

>> No.27680260

>>27676988
It did insanely good in the last month, any dip opportunity is a buy opportunity imo.
>>27679752
it means baoman wants insurance in case of an unexpected failure first and foremost.

>> No.27680925

>>27678471
Hey anon, thanks for those responses. I read all the docs and a bunch of articles and bought 2.75 mil bao a few days ago. First time getting into defi though, and have some questions.
For farming, do I have to have equal amounts of ethereum and bao? So would I need the eth equivalent of 2.75 mil bao to start?
Also, I know the exact mechanism for burning isn't decided yet, but when it starts will I start losing bao from my wallet if I don't do anything? because if so hodling is not the best strategy I think.
I'm definitely leaning towards farming, but I'm a little stressed out because it's my first time doing it and I want to get in asap. I'm still doing my own research on yield farming, staking, diffs between the two, etc., but would really appreciate if you can help me out on those points since you seem to be a very knowledgeable anon. Thank you

>> No.27681108

75k stacklet here, am I going to make it?

>> No.27681443

>>27673442
that shouldn't happen for another week but we're seeing a halving now.

>> No.27681582
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27681582

here we go again?

>> No.27681590

>>27681108
im not sure man, I have 475k and im worried i wont make it.

>> No.27681880

i have 30 dollars in eth and only 10 of it went into bao because of this gas thing am i retarded

>> No.27681950

>>27663131
>>27664159
How do you know this about Binance?

>> No.27682080

>>27681880
hard to say actually. that 10$ in bao could actually net you 1000$ at 100x (making your gas fee 3%). seriously tho wage as hard as you can and start throwing atleast 500$ at shit.

>> No.27682099
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27682099

>>27681950

>> No.27682154
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27682154

POST THEM BAO GAINS BROS

>> No.27682502
File: 43 KB, 743x601, poor.png [View same] [iqdb] [saucenao] [google]
27682502

>>27680183
hey anon you seem pretty knowledgable about this so i was just wondering if im gonna make it with my poorfag stack see pic related

>> No.27682782

>>27661731
Friendly reminder for the people late to BAO you can leverage long BAO on the FTX BAO-perp. This means you can catch up to those of us who are early if you open a long with like 3-5x leverage and it 2x’s again you will get 3-5x instead because of the leverage.

>> No.27682887

can someone explain what bao is, or link to something that explains it, the website is confusing

>> No.27683005

>>27680925
you need the same amount of eth as the value of your Bao
calculate if the rewards are going to be worth your fees, which right now you should consider to be a total of .2 eth total(move funds, turn to LP, stake, unstake later this month)
gas could get even higher by the end of the month though.. who knows.

>> No.27683581

>>27683005
Is there a difference between staking and yield farming?
Also, I've heard a lot on the discord about moving to the new xDAI stuff at the end of the month. Some seem to be waiting until then to start farming. Do you have any advice on that anon?
Also thanks. Gonna have to figure out how to round up 7.5k of eth now. Bought 4.5k of eth which after all ended up being like 4.35k of bao. But it has ballooned a bit lol

>> No.27683595

How often are you guys harvesting?

>> No.27683608

Can we stop pumping? I'm getting fucked by IL

>> No.27683967

>>27683581
>Is there a difference between staking and yield farming?
I don't know this is my first entry into defi
>Also, I've heard a lot on the discord about moving to the new xDAI stuff at the end of the month. Some seem to be waiting until then to start farming. Do you have any advice on that anon?
wait for someone more experienced to answer, I don't want to be responsible in any major way for other's financial decisions.
you can also sell some Bao to finance farming. farming is more valueable long term.
just don't convert to liquidity tokens and don't farm, then you're just gonna lose money through impermanent loss.
>>27683595
not at all until the end of the month, don't need to + not worth it gas wise.
>>27683608
5% of your locked bao should cover most of the losses already, isn't it?

>> No.27684449

>>27675639
The ride has just begun my fren

>> No.27684508

>>27682782
dont listen to this faggo. you will liquidate. just buy and stake

>> No.27684664

>>27682782
stfu no one this early has a right to lose their precious bao doing this while I'm around.
don't give your Bao to Almeda, HODL/stake.
big dumps are guaranteed on the path up.

>> No.27684674
File: 27 KB, 819x503, chrome_CbdATf2Q6T.png [View same] [iqdb] [saucenao] [google]
27684674

>It's like SNX + Aave, but for Uniswap, SushiSwap and Balancer.
ahh in that case lets check in with AAVE why don't we

>> No.27684759

>>27682502
can someone please reassure me ive lost more money in IL than ive had in my entire life, this was just a poorfag investment pls frens

>> No.27684932

>>27684759
Just sell your 5% and you'll be fine. we're going places anon, and worst case scenario you still have a fat stack of eth, valued 10k each EOY 2021. BELIEVE(and secure profits).

>> No.27685065
File: 479 KB, 220x220, biztenor.gif [View same] [iqdb] [saucenao] [google]
27685065

>>27684759
IL is a killer, worrying me too bro, got 20k into this alone. Though for Bao looks like the floor is lava lol

>> No.27685213
File: 44 KB, 1200x675, CZq04ErWYAEqFtx.jpg [View same] [iqdb] [saucenao] [google]
27685213

>>27661731
TELL ME ABOUT BAO!
WHY SHOULD I BUY THE COIN!?

>> No.27685403
File: 49 KB, 1263x594, crapture.png [View same] [iqdb] [saucenao] [google]
27685403

>>27685213
NO, TOO SCARY FOR YROU

>> No.27685437

>>27684759
don't "invest" money you can't afford to lose

>> No.27685450

All these technical posts are way too confusing, all I know is I put in $133 for the farming token and I have farmed 80% of the $66 of bao that I initially bought. The only other thing I know is at the end of Feb there will be a guide to move, don't know where or how it will work but that is it.
>bought 22000 Bao
>staked 124 BAO-ETH
>farmed 175k
Am I doing it right?

>> No.27685486

WE'RE PUMPING BOYS

>> No.27685490

>harvest fee is 135$
>unstake fee is 185$
>if you don't hedge by longing eth to earn your fee, you're gonna be priced out
wew lad

>> No.27685565
File: 29 KB, 861x117, ilstop.png [View same] [iqdb] [saucenao] [google]
27685565

>>27685437
Im a uni student who lives with his parents and has everything paid for, i literally just put money into crypto because otherwise I'll spend it drinking way too much alcohol to cope with the fact that im stuck at home instead of at college

>> No.27685685

>>27685565
Dude, that IL is fucked. How do you justify it? How much are you farming from that?

>> No.27685756

What's the BAO suicide stack?

>> No.27685767

>>27682099
I don't get it. Where does it show that it was used to buy bao?

>> No.27685779
File: 47 KB, 225x225, me.png [View same] [iqdb] [saucenao] [google]
27685779

>>27685685
i justify it by saying it's at least better than liver failure lol, but im getting dicked on really hard. I barely have farmed enough to make back my original investment (200$ at .00004)

>> No.27685936

>>27685779
An optimist!
Thanks for posting. I've been learning about farming (also uni student here) and from your example honestly kinda tempted not to get into it. You've lost 4.6 mil bao and have gotten not very much back. I understand that's due to the massive volatility recently etc but still, that's just really bad

>> No.27686038

>>27685779
You don't need college to make money, stop binge drinking, get fit, your gonna make it!

>> No.27686099
File: 431 KB, 960x640, kid.gif [View same] [iqdb] [saucenao] [google]
27686099

brehs, i got 100k bao because i had a dream about it last night

wtf do i do with this? i've intentionally avoided .finance tokens in the past because its so confusing, and the FAQ on the bao site is kinda advanced. Anyone got any keywords I can google to understand where to go from here?

>> No.27686168
File: 182 KB, 1265x769, results.png [View same] [iqdb] [saucenao] [google]
27686168

>>27685936
hey anon, don't let me get you down because of IL. I started getting into this about a month ago and pic related is my recent profits of around 3k (I also have some GRT which I aped into at .70 a month ago and only just started making profit on). I honestly think if you just DYOR and buy things you believe in you'll make it

>> No.27686223

>>27686038
yeah I kinda realized college is bullshit but im kind of autistic so I want to get my PhD just to prove to myself I have what it takes (math major). I started exercising during covid but for the past 3 months i have literally wanted to commit an hero since i have no friends and no one talks to me

>> No.27686362
File: 1.36 MB, 1000x753, baotime.png [View same] [iqdb] [saucenao] [google]
27686362

touched that 3 again

>> No.27686420

cup formed again? this can't be getting ready to pump again can it?

>> No.27686491

should i buy this or rubic if i want short term gains?

>> No.27686562

>>27686223
phd vs masters, look at diminishing returns, imo (masters) but everyone different. Get fit, you'll be confident and people will gravitate towards you, seriously. I know this is some stupid forum but believe me, you'll make it!

>> No.27686644

>>27686362
WAGMI

>> No.27686677
File: 138 KB, 1241x1544, cat.jpg [View same] [iqdb] [saucenao] [google]
27686677

>>27686562
im well aware my choice of degree and career path is a meme lol, it's literally just because I've always wanted the title "math PhD". I actually do find it interesting though, just hard to focus when my state is in lockdown and im stuck at home with 2 people who hate my guts

>> No.27686803

>>27686168
>>27686223
Thanks for more info anon. I definitely need to keep doing my own research more, because your pic doesn't make too much sense to me. Is the "Liquidity pool gains / net market gains " column growth your own profit?
Also, I'm more so concerned with losing bao. I think it definitely has the potential to take off after doing a lot of research on synthetics. So if farming isn't making up the IL losses, then in a couple of years I'll definitely be kicking myself. Just hope my caution pays off.

Also, I understand about this school situation. I'm a senior, and every year before this done great. 3.9 GPA, triple major, past internships, etc. Last semester I took 22 credit hours and worked and only made one B. But for some reason this semester, I am just having a much harder time with the online nature of everything and being so isolated. It's funny, never considered myself a really social person before all this but have definitely started to feel it this past month. Thinking about dropping down to 10~13 hours (taking 19 right now).
Godspeed with your troubles anon. In a few years, once you've got fat crypto stacks and a PhD, you'll be really glad you didn't kill yourself.
What do you want to do research in? You'd enjoy crypto classes I think, but they're normally in the CS depts.
Btw, I'm in the north texas region. If you are as well we might be able to hang out or game or something. Since we're both lonely

>> No.27686922

>>27686677
Life is a chore, my kids are most likely older than you, 27+ btw. Stay in crypto, be safe in what you buy and you will be out of your situation in 6 months guaranteed.

>> No.27687145
File: 135 KB, 1113x653, liqpool.png [View same] [iqdb] [saucenao] [google]
27687145

>>27686803
So the liquidity pool gains are basically how much profit I earn from staking my LP tokens and being a liquidity provider (it doesn't take into account the bao ive farmed). Since ive lost so much due to IL as you can see, that's mostly negative. But the net market gains is the money I made from the price of the asset going up. I'm honestly still a newfag so just lurk more if it's confusing.
Regarding school, you sound like a smart person. I don't think I'm that smart, rather im just too stubborn to quit. I also think everyone is just feeling the drain based on what I've talked to since replacing in person interaction with something on a screen is severely wrong. Obviously since this is 4chan you could argue that's what (((they))) want, but I'm kinda beyond caring since it just makes me so miserable. Cryptography (pure cryptography) is actually mostly based on diophantine equations and analytic number theory. I was gonna take some classes at uni but because of covid I can't fml. I'm in Cali unfortunately but I think we're all gonna make it. We're still early after all. Godspeed anon.

>> No.27687494
File: 14 KB, 283x269, Universal Bao Income.png [View same] [iqdb] [saucenao] [google]
27687494

Who else signed up to Universal Bao Income

>> No.27687660

How do I buy the buns guys?

>> No.27688155

>>27687660
Uniswap

>> No.27688188

>>27687145
Thanks for your help anon. Seeing the screenshot with net market gains selected makes a lot more sense to me since I'm still pretty unfamiliar with apy vision's UI. I will lurk more and keep doing a lot of research, esp since I'm new to defi in general. I do want to get in to farming if I decide to before the reward rate drops too much.

Stubbornness is what'll get you through for sure. Part of why I made good grades before was just the amount of hours I put in. The "smart but lazy" meme will never get you anywhere. Good to be humble.
And yeah. I understand what you're saying about (((them))) haha. I've understood a lot of that stuff for years now but am just tired of discussing it honestly. I've grown a little cynical.

In the beginning, I was really gung ho about
corona lockdowns and everything even. But now I think it was far too heavy a price to pay. Hindsight is 20/20 right? All I want is to do some traveling before too long, get a comfy homestead somewhere and hope that I can also contribute some meaningful research to mankind in my life. No plans for world domination unless bao hits 10 bucks haha.
I took a cryptography class. It was in the CS dept at my uni here, so that may color my perception of the field, but more CS-type engineering considerations do enter into the theory a lot now. Since nobody has used paper OTP and ciphers since the 1950s; everything is computerized so without considering that a researcher may not do well. In your classes it may not be as pure as you'd like in that regard, unless you're taking those classes in diophantine eq + number theory by themselves. Whatever you do anon, I wish you the best of luck. I always enjoy having little moments like this on the internet, not filtered by any superficial aspects of our identities but just heart-to-heart. Makes wadding through all the shit worth it sometimes. Going to bed now anon. Good luck

>> No.27688459

I'm hearing a lot of FUD concerning the FTW listing and how this means BAO will be shorted to oblivion. Any proper counter argument against that?
I sold some when the FTX listing was announced but it seems like it's holding pretty strong with a floor at 0025, actually ready to break out beyond 003.
I don't know what to do but I have the feeling it'll just keep going up.

>> No.27688544
File: 37 KB, 400x400, 1607335727916.jpg [View same] [iqdb] [saucenao] [google]
27688544

>>27688459
FTX**

>> No.27688560

>>27688459
If it helps you sleep at night I'm a whale and I just bought bao because it's listed on FTX. I don't use dapps.

>> No.27689026

>>27687660

bought them on 1inch. gas fees sucks

>> No.27689234

>>27688560
aw hell they actually added spot. guess I know what I'm doing with my Bao profits now.

>> No.27689375

>>27663131
Didn't FTX cuck this coin now. Unironically Jews

>> No.27690052
File: 34 KB, 400x300, 1595624671690.jpg [View same] [iqdb] [saucenao] [google]
27690052

>>27667501
you are being diluted!! the apy calc reflects the price of bao. the pool only ever gets set number of bao per unit of time. HODL ANON YOU WANT EVERY SWEET DROP OF BAO. STAKING IS GOING TO LAST A LOOOOOOONONG TIME

>> No.27691107
File: 125 KB, 888x499, doubled.jpg [View same] [iqdb] [saucenao] [google]
27691107

My power level is rising