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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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File: 130 KB, 1200x800, 1611268908417.jpg [View same] [iqdb] [saucenao] [google]
28704813 No.28704813 [Reply] [Original]

*yawn*

Good morning, Bao Bros. Grab yourself a cup of coffee and join me by the fire.

In case you missed it: https://gov.bao.finance/t/the-great-bao-migration-baoswap-co/165

>As you know our community has a partnership with Sushi to use their mainnet LP tokens for our final synth products, and for this we decided we would not deploy our own swapping protocol on the mainnet.
>However we feel comfortable doing this deploy on other networks where it is not competitive with Sushiswap, and given the lack of incentivized farms on xDAI and our need to create swapping tools we felt it was worthwhile to deploy our own.
>So Bao will create a Uniswap fork on xDAI called “BaoSwap”.

Post yfw you realize Bao is going to Chinese conglomerate the DeFi world for our gains.

>> No.28704893
File: 166 KB, 800x450, 4370D31E-8BCE-4668-A120-036B8D911626.jpg [View same] [iqdb] [saucenao] [google]
28704893

>BAOSWAP

>> No.28705204
File: 726 KB, 1800x720, METAL BULL RUN CONFIRMED.png [View same] [iqdb] [saucenao] [google]
28705204

>>28704813
>>28704893
That's right brother:

>Launching Uniswap clone all xDAI called BaoSwap.
>Also deploying clones of this to Avalanche to pilot ‘franchising’ Bao on other chains with the ownership and liquidity driving back to Bao.
>xDAI tests for farming and swapping have been successful.
>On track for all other timelines previously mentioned.
>New dev starts later this month. Community manager already started. Another dev being hired.

>> No.28705358
File: 133 KB, 989x1024, CF7D0433-09B8-42BC-AB57-CDF3792C881D.jpg [View same] [iqdb] [saucenao] [google]
28705358

>>28704813
>>28704893
>>28705204
Basically Bao is going to end up tying all of the good DeFi projects together in one convenient stream on top of its already pretty sweet synthetic assets gameplan then

>> No.28705748
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28705748

If you're a TLDR Chad you can be rest assured that as of last night's Baoswap announcement, Bao is going to be even better than we thought

>> No.28705856

>>28705358
Do you know if i need to hold anything other than BAO when this shit eventually moons?

>> No.28705875

>forks sushi
>forks balancer
>forks uniswap
baoman? more like forkman. is he really working on developing synths? really? this fake value created by.. forks.. is more than a bit concerning.

>> No.28706006
File: 1.13 MB, 1174x1214, 1613292655621.jpg [View same] [iqdb] [saucenao] [google]
28706006

>>28705856
holding is good, farming is better

>> No.28706039
File: 415 KB, 883x1130, 335A71BD-0D70-4380-AB4C-1F653A36ADAA.jpg [View same] [iqdb] [saucenao] [google]
28706039

HODL big things coming

>> No.28706041
File: 44 KB, 600x600, 72A365AF-150B-4E3B-84B6-71669D72364A.jpg [View same] [iqdb] [saucenao] [google]
28706041

>>28705875
If you read up on synthetic assets and the best future of Bao, I think you will agree with me that bridging together these forks of other platforms is going to be one of the things that makes Bao a top coin going forward. Keep in mind the synthetic assets are on their way, and the early synths don’t need to be very complex (they’re just tracking quant data, remember). It’s the tokenomics and organization of this particular project, with these careful forks, that makes Bao the place to go for synths.

>> No.28706044
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28706044

>>28704813
the only saving grace is this shit will at least be on xdai. if it was another eth memeswap I'd have called it quits

>> No.28706271

>>28704813
>honeyswap community hopes for partnership with BAO, so that honeyswap LP can be staked and the exchange gains lots of liquidity
>after weeks of silence, baoman announces hes gonna make his own XDAI exchange, and thus drain all the liquidity from honeyswap with no survivors
>he plans to overtake all other sidechains like this
Holy shit I did not think he is such a cut throat businessman

>> No.28706366

The announcements are unbelievably good, though Im trying to contain my enthusiasm until early March to see if everything can be delivered (not trying to fud). But it seems like there's a lot to be excited about beyond March 1 and before soft synths land.

>> No.28706468

>>28705875
>>28706041
>>28706044
think about it by imagining BAO in physical space

right now you are seeing the BAO corp. acquiring all the best land and setting up all the best factories in the city

>> No.28706598
File: 156 KB, 518x378, 1613324490556.jpg [View same] [iqdb] [saucenao] [google]
28706598

>>28706271
as he said... xdai will be the primary chain but you will be able to farm on all chains to drain liquidity
>absolute alpha Chad baoman

>> No.28706707

>only top 200 holder
why even live

that being said, what's happening with the ETH toked with all these migrations? i don't understand, will there be several different price actions?

>> No.28706763

Bearish on this.
I like Baoman is looking at Avalance and calling it YETI is pretty fucking genius.
I don't like him setting up a Swap at all. Focus is fucking key in making a token successful. Especially calling this a "franchise" at this point is frankly fucking ridiculous.

>> No.28706822
File: 57 KB, 593x563, C3ABDADA-9EF9-4A5F-BE29-D45F55BA627B.jpg [View same] [iqdb] [saucenao] [google]
28706822

>>28706271
>>28706271
>Holy shit I did not think he is such a cut throat businessman
lmao
>investing in a 300 IQ guy who speaks Chinese and German and expecting anything less than the most ruthless cutthroat expansion you’ve ever seen in crypto

and we were wondering where all the coordinated fud was coming from. lmao

>> No.28707225

>>28706271
>>28706366
>>28706598
>>28706763
>>28706822
Bao is going to force other defi pathways and sidechains into giving us value. This is the best move I've seen in crypto.

There will be a lot of coordinated hate coming our way when people realize their projects and pools are literally (literally) being cucked by Bao. I'd be mad too desu.

>> No.28707388
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28707388

>>28707225
this is going to take time for the brainlets to grasp, more time for us to buy and farm
>so comfy

>> No.28707459

>>28707225
Dude's a business genius, but that only takes you so far without product.
Only thing I am somewhat bullish on and I could see work quite well is the YetiSwap idea.

>> No.28707946

>>28707225
>>28707388
>>28707459
This kind of business genius is the product, dude. if you think yeti is bullish then you should realize how insane this is going to be when it hits the other side chains too. Bao is going to corner the crypto derivatives market

>> No.28707997

The baoman is a genius . I loveeeee his business plan so far. I think we should also have our own launchpad , maybe NFTs as well. For all you day dreamers the product isn’t just gonna be built from A to Z in one hour. Other projects from the 2017 ico craze just now launching BS testnet and shit like come on get Real. The only thing is that I really wish he used polygon instead of xdai. Baoman go go goooo u doing good don’t listen to the FUD

>> No.28708017

Was already a top holder but after reading that update I started my first buys since .0001. That update was the most profoundly bullish update ive read from a sub-1b mcap in years, possibly ever

>> No.28708255
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28708255

Why won't Blockfolio let me buy BAO? An error keeps coming up. Is this a scam coin?

>> No.28708322

>>28704813
Isn't this a one-man project, and are there any other risks to partaking of this coin?

>> No.28708473

>>28708017
Fucking cheers brother. You see what I see.

>> No.28708648

I have about 150k bao, is it too late/ not worth it to farm? How does one farm more bao?

>> No.28708845

>>28708322

>are there any other risks
ARE THERE!
https://docs.bao.finance/risks-of-bao-reasons-not-to-use-bao

>Bao does not have a full-time engineering lead yet. It is a one-person project from a self-taught developer. This increases the early risk of bugs and glitches that the project may not be able to respond as quickly to.


>Please do not buy or use Bao if:
>You are buying Bao as a speculation asset.
>You think Bao can only go up.

>> No.28708896

>>28707946
Not really anon, brands are not built based on hopes and dreams. I'm bullish on the AVAX thing because there's definitely a market due to lack of adoption, but bearish on the loss of focus.

Not gonna change my position, but also not holding my breath until we see the first synth assets.

>> No.28708943

>>28708845
I dont got a lot of money to invest so I just chucked a nick of eth at it

>> No.28708980

Farm anfter the Migration in xdai. Atm you have to little bao to farm effectively Till march 1.

>> No.28709041
File: 2.00 MB, 1576x1934, 1613292890228.jpg [View same] [iqdb] [saucenao] [google]
28709041

>>28708648
would wait until first of march and migrate and farm on xdai with your stack, fees too high smaller stacks

>> No.28709062

>>28708648
i would not recommend farming right now -- there's a super high fixed cost for gas

i put in more than 10x what you have 1 week ago and I am still in the red on my APY based on https://apy.vision/#/ .

If I were you I would just buy up dips (ideally somewhere that doesnt require gas like ftx) and wait until XDAI starts.

>> No.28709147

>>28708896
You have to see the writing on the wall here. Read every word of the update. Youre dealing with someone who has a visionary-level of DeFi knowledge at a roughly 50m mcap.

>> No.28709266

>>28709041
Thank you anon

>> No.28709341

>>28709062
Ah do I have to make an account with ftx? I just started using uniswap a month ago, been on cuckbase pro for about four months and have done decently
>algo 4ever

>> No.28709636

>>28709341
yeah you do, but, no gas fees.

also as far as i know, bao is not available on ftx.us, just ftx. i havent actually bought on there though.

>> No.28709744

>>28709147
Do people not see that Baoman is not one man but an FTX project?

Duh. Smooth brains. BAO IS AN FTX LED TEAM PROJECT.

Not sure if that’s entirely bullish for the token itself, but you’d have to be an idiot for not recognizing all the clues pointing toward FTX.

>> No.28709933
File: 191 KB, 1440x827, 1612743803947.jpg [View same] [iqdb] [saucenao] [google]
28709933

HOLY SHIT BAO IS HUGE

>> No.28710010

>>28709266
checked and happy to help fren

>>28709744
also c-c-checked , even if that is so makes me more bullish

>> No.28710222
File: 68 KB, 789x1280, 1612737879829.jpg [View same] [iqdb] [saucenao] [google]
28710222

>>28704813
LMAO! All this shit coin does is create new bag holders. It can't even fucking pump to 2/3 ATH and maintain that fucking level. What absolute trash!

>> No.28710937
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28710937

>>28710222
such a poor attempt to fud and wasted digits

>> No.28711476

>>28709147
It gets repeated a lot in Bao threads but it's true - if you know, you KNOW

>> No.28711925

https://twitter.com/xdaichain/status/1360862569288896513

>> No.28712114
File: 68 KB, 898x854, Screenshot_2021-02-14 xDai Stake on Twitter.png [View same] [iqdb] [saucenao] [google]
28712114

>>28711925
We just keep winning bros

>> No.28712948

Sitting on 4.5mm...feeling great.

I bought extremely early. After DYOR, I saw a one man self taught team, making waves in a field he is not generally trained in. These people are visionairies and usually brilliant. This was one of the easiest crypto purchases I have ever made.

If you don't have a bag, get one.

>> No.28713606

>>28708845
>You think Bao can only go up
This is true of all asset classes though, that's why stock brokers are legally obligated to add "your capital is at risk" to all promotional material

>> No.28713656

OK WTF I'M ALL IN BAO
DESPITE THE DUMP THIS RAPID PUMP HAS ME BELIEVING
LET'S GO BAO WILL ENTER ME INTO 6 FIGURE HELL!!!!!!!!!!!!!!!!

>> No.28714160

>>28710937
EAT SHIT SHILL! All you faggots do is lure in more unsuspecting bag holders daily

>> No.28714345

>>28714160
>all this project do is in grow in size and gain more users
lmao what kind of retard "fud" attempt is this

>> No.28714370

I can't wait for the day BaoMan decides to pull the rug.

>> No.28714603

>>28714370
Youre not late anon. Just buy in or seethe all year. Literally nobody cares at this point

>> No.28714624

>>28713656

You can do it Pat <3

>> No.28714845

>>28714345
>No project
>Anon dev
>No info on development other than just trust me bro
>Migration to another chain is not progress, it's just a way to bait small bag holders with cheaper fees
>Literally anyone claiming to have any info on the "project" is full of shit because the dev has given no info
Yeah just trust us bro, things are happening. Come hold bags with us..
FUCK YOU SHILLS!!!!

>> No.28714846

Can we call some whales to pump it again

>> No.28714999

>>28714624
I'm not "pat"

>> No.28715009

Yep, I'm all in, for the Baoman, for the next sushi-level project.

>> No.28715126

>>28714845
Also, any of you idiots who fall for the IOU token swap onto xDai chain deserve what's coming shortly after!

>> No.28715302

>>28714845

Bro just read any of the docs and medium posts instead of writing these midwit posts on biz.

I don't understand how people on this board can be so terrible at assessing talent when Baoman is clearly a cut above every 99% of DeFi project leads. Only dudes like Cronje, Maki, Sam have demonstrated comparable levels of vision and strategic capability.


I'll repeat what every other high iq poster has been saying since 500k mcap. IYKYK, and if you don't, have fun staying poor.

>> No.28715322

ATTENTION ALL ANON

FARM YOUR PENDING HARVEST BEFORE 3/1 OR ELSE YOU WILL LOSE 75%

>> No.28715444
File: 46 KB, 1068x337, Screenshot_2021-02-14 APY vision.png [View same] [iqdb] [saucenao] [google]
28715444

>>28709062
interesting to see my IL visualized. I have twice that amount farmed so I'm still very comfy

>> No.28715471

>>28715322

and do it late at night when gas prices are low to avoid paying extreme fee on it

https://ethereumprice.org/gas/
Actually, since unstaking harvests automatically you might want to just unstake instead of only harvesting

>> No.28715482 [DELETED] 

Hi man’s

>> No.28715505

>>28715302
>Bro just read any of the docs and medium posts instead of writing these midwit posts on biz
All hopes and promises with zero substance. I don't care if you lose it, but at least be honest and admit that this is nothing but a promise to deliver something in the future and nothing exists currently. There is NO project. A qualified dev took on look and declined to join the team. That is all anyone should need to hear.

>> No.28715631

>>28715444
So you have farmed 18mil and you will get them piece meal over 3 years while the price plummets. Great trade off smooth brain!

>> No.28715778

>>28715505
He literally outlined multiple releases in the next week or 2. It's not done vague, "down the line" shit. Fully backed up by xDai who is directly working with him and tweeting about it, but maybe he fooled them too, and you're the smart one. Unfortunately, you would have to READ to know this stuff but I'll spoonfeed you.

>> No.28715929

>>28706822

I got into this project specifically because I realized Baoman was both ambitious, and competent.

Not alot of that in crypto.

>> No.28715970

>>28715778
Dumbass, migration is not anything but a way to alleviate the fees from swapping. Keep thinking your smart

>> No.28716031

How much bao is a good amount to start farming? I have 4mil atm.

>> No.28716067

>>28715444
>interesting to see my IL visualized. I have twice that amount farmed so I'm still very comfy

Similar for me. It doesn't feel great seeing the red, but IDGAF since I've made enough in farm that even the 5% back (which this tool doesn't account for) will make me immediately net positive.

>> No.28716115

>>28715970
>baoswap
>yetiswap
>BAL V2 soft synths
>xDai team full-backing and seal of approval
Keep thinking youre smart

>> No.28716212
File: 59 KB, 1575x334, EtZnpL4XYAA_3yl.png [View same] [iqdb] [saucenao] [google]
28716212

>>28715505
Lol get fucked $sore cunts
https://mobile.twitter.com/xdaichain/status/1360862569288896513

Remember folks, BaoMan mindraped the scammers at $sore and they're seeking revenge on him by fudding like there's no tomorrow

>> No.28716231

>>28716115
Bag holder cope lmao

>> No.28716242

>>28715302

The problem is that this project is primarily written in high IQ language, and midwits read it as a scam.

The meme is true. Genius is indistinguishable from retardation to midwits.

>> No.28716317

>>28716212
KYS newfag

>> No.28716348

>>28716231

You can't have my bag you faggot.

Get your own!

>> No.28716409
File: 58 KB, 440x330, 440px-Graham&#039;s_Hierarchy_of_Disagreement.svg.png [View same] [iqdb] [saucenao] [google]
28716409

>>28716231
>>28716317

>> No.28716484

>>28716317
Ran out of fud?

>> No.28716793
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28716793

>>28716067
I harvested once before and lost like 400k bao trading shitcoins lol. I got the 1inch airdrop so that balanced out a bit, just going to hold my bao from now on.
>>28716242
Baoman has 200iq

>> No.28716882

>>28716231
Yes, i will try my hardest to cope with one of the most-hyped DeFi projects that has a lowcap, and im up 17x on my first buys.

>> No.28717243

>>28716882

how will I ever console myself with all the fucking money I've made so far, and all the fucking potential that is in my future????

>> No.28717331

FUCKING BAO SWAP HOLY SHIT ANONS

HOW MUCH MORE MONEY CAN I REASONABLY INVEST IN THIS FUCKING PROJECTTTTTTTTTTTTTT

>> No.28717701
File: 41 KB, 750x669, bros for life.jpg [View same] [iqdb] [saucenao] [google]
28717701

>>28716212
LMAO. I don't understand how people can see what's going on here and think ANYTHING other than "holy fuck, Bao is wrecking its competitors left right and center"

This literally explains all of the fud we've seen over the past week+. Ask yourself, why would someone hate Bao this much? Because Bao is here to fucking win.

>>28716242
Unironically this, pic related

>> No.28717759

>>28709744
this. bao sticks out like a sore thumb on the ftx token list. no chance they list a token without extensive due diligence, unless they are running the thing themselves.
also look at how they operate centralized spot/futures synths for equities. bao will help to get a slice of the decentralized pie, like what cz is doing with bsc, because they know the future of cex is in the balance after scaling problems are done with and people get more comfortable with L2.

>> No.28718020
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28718020

Why did staking my BAO-ETH UNI v2 generate so many additional transactions, like apart from the BAO Master Farmer what are the other addresses?

>> No.28718322
File: 163 KB, 1080x1293, Eta5asOXMAECNVw.jpg [View same] [iqdb] [saucenao] [google]
28718322

>>28716212
It gets even worse anon. BAOman literally crushed them, pic rel.
>tweet since deleted
Kek

>> No.28718468
File: 261 KB, 1080x1773, 20210214_143650.jpg [View same] [iqdb] [saucenao] [google]
28718468

>>28718322
Followed by pic rel. They deleted 5 different tweets.

>> No.28718596

This is all super interesting and insightful, but when does this shitty token go back up?

>> No.28719100

>>28718322
>>28718322
>>28718468
>>28718468
Lmfao. You know when you're cheering for someone in a fight and you see them knock the other guy out? That's a good feeling.

Keep going Baoman. Fuck em up

>> No.28719967

>>28717759
The Sushi and Ftx partnerships really do make you think about who the fuck Baoman really is

>> No.28720324

>>28705748
I'm so glad I didn't think and fomod into some food token shitcoin farm shilled by biz when it first hit the catalog

>> No.28720573

>>28720324
Cheers man. That's the way

>> No.28720654

>>28720324
It was a midwit filter from the beginning, and worked flawlessly.

>> No.28720672

>>28709744
This, I realised this too and it made me super confident

>> No.28720908

>>28720573
>>28720654
I was bored and wanted to be part of something. Missed sushi because I thought it was a scam, heard about the partnership and never done farming/staking before. I also did swing trading into that massive pump and out the extra eth into more farming and eRSDL

>> No.28721851

>>28720654

That was the other reason I got involved in all this. The entire thing fucking screamed 'GET THE FUCK AWAY FROM MY BABY YOU GODDAMN MIDWIT PIECES OF SHIT, RETARDS AND GENIUSES ONLY'

It takes true genius to so completely filter out the worst kinds of investors.

>> No.28721945

>>28720654
This is by far one of the best parts about Bao. Built in midwit filter

>> No.28722308

>>28721851
>>28721945
>muh supply
>muh solo dev
>muh food token (BAO is literally an acronym, but that also wasnt made apparent)
Couple this with BAOman tagging warnings even on the Gecko description and the docs basically saying in a roundabout way "its a bad investment". He did everything he could. This created the MOST comfy threads on /biz/ in early Jan. It was early LINK/ETH comfy. Midwits ended up buying after a 300x, and the rest is history. Now we have to deal with midwit FUD and non-comfy threads. Doesnt bother me too much though.

>> No.28722455

>>28722308
I've been in the Bao threads here since the first week of January. Don't forget, our comfy is forever. Remember the good feelings you had from those threads? Now get ready for lifelong gains when people realize Bao is going to be Sushi tier and beyond.

>> No.28723077

oh yes I love my BAO comfyyyyyyyyy

>> No.28723094

>>28706271
>>28705875

He's Chinese. He steals products, making them better, and then ruthlessly outcompetes everyone. Imagine thinking his ideas of forking projects into a giant interconnected ecosystem is a negative. I beg you guys think Apple actually "innovates" too when they just steal from all their competitors and repackage into a better user experience.

>> No.28723248

>>28712114
>147 tweets
literally whom

>> No.28723444

>>28707225
We already have that. Remember CORE devs being a bunch of sad pussy faggots when Baoman blew their project into the trash? Poor ok CORE devs cried because nobody was using their shitty platform to stake because BAO gave better returns on his platform than they did on their own. Theybtrisd running a FUD campaign but fucking failed, and they ultimately deleted their tweets while he kept his up because they realized how embarrassing it was.

Be prepared to see other projects do the same. Bao is the real deal. We've never had a true cut-throat player in the Crypto space that doesn't give a fuck about completely stepping on the toes of everyone to make their presence known. Anyone not in this right now is fucking retarded.

>> No.28723720

>>28723444 (checked)

>we've never had a true cut throat player in crypto

That's a fucking fact.

>> No.28723730
File: 1.54 MB, 1544x2048, Screenshot_20210214-165255.png [View same] [iqdb] [saucenao] [google]
28723730

>>28708322
>>28708845

lmao you guys are going to be missing out on so much money. Keep fudding, I'm comfy farming.

>> No.28724026

>>28723094
>making them better
That's not what the Chinese do at all, they make a copy of something as cheaply as possible and then mass produce it.

>> No.28724234

>>28723730

relax nerd, I was giving the guy the facts straight off the doc without any spin. I have more than a few bao myself, but the "risks" from the doc that I quoted are reasonable things I would tell anyone thinking about apeing into a coin when they have no clue what it does

>coins can't only go up, you're going to have to hold them long-term through some down if you want to win (duh)
>they just got a lead dev just a little while ago, I'm honestly not sure how that looks for the short term

>> No.28724368

I will repeat myself. How much the farming reward is per mil bao?

>> No.28724381

>>28724026
BAOman is literally not Chinese you kek

>> No.28724476

>>28724368
It changes all the time, but I have about 1 million staked and have farmed 2 million in 3 weeks.

>> No.28724494

>>28716212
let me get this straight, the core team ran into issues when people staked their LP tokens on BAO, and they tried to make that BAOs fault?

literally top lel top kek top meme top mime

>> No.28724497

>>28724368
Depends on the pair, number of people, time of year, how the fuck can we know.

>> No.28724500
File: 155 KB, 555x598, Pepe Drunk.jpg [View same] [iqdb] [saucenao] [google]
28724500

>>28723444
Trips of truth. I'm so fucking pumped seeing my Bao Bros figuring out what's going on right in front of us. It's about time we had a cutthroat businessman to rally behind. Fuck yes brothers.

>> No.28724504

>>28724026
My Huawei phone would like a word with you. Best phone I've ever had.

Also inb4 'hurrrr theyre taking your data'. Because apple and google definitely dont!

>> No.28724858

>>28708255
lmao no, its on uniswap:

https://app.uniswap.org/#/swap?inputCurrency=0x374cb8c27130e2c9e04f44303f3c8351b9de61c1

>> No.28724952
File: 37 KB, 825x397, gJteYwnk9E-rFE5PPM11s3sYElaSicXS3KyiuMziBjQ.jpg [View same] [iqdb] [saucenao] [google]
28724952

>>28724497
Don't forget the angle of the shaft, or "yaw"

>> No.28725080

>>28724368
where is the humble bao farmer? His spreadsheet should give you an idea.

>> No.28725220

I'm wondering if it'll even be worth farming my 2mil bag on xDai since 95% of the rewards are locked and dripfed for 3 years while my initial stack gets anally devastated by IL.

>> No.28725558
File: 212 KB, 1743x888, humble farmer.png [View same] [iqdb] [saucenao] [google]
28725558

>>28724368
went into the archive. This should help you

>> No.28725695
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28725695

>>28724368
you're already priced out

>> No.28726025

>>28725558
>Stack goes up
>income goes down
Is this the opposite of cumulative interest?

>> No.28726129

>>28725558
>when this unlocks it will earn you 0.00 per day for 3 years
Wtf

>> No.28726366

>>28726129
Bro, don't you know how buffer overflow works? He's going to be making $256 every single day for 256 years.

>> No.28726434
File: 162 KB, 247x400, tumble.gif [View same] [iqdb] [saucenao] [google]
28726434

i look forward to the sea of red baos in a few weeks

>> No.28726472
File: 41 KB, 641x530, 1610629906932.jpg [View same] [iqdb] [saucenao] [google]
28726472

>>28726366

>> No.28726584

>>28726129
He has yet to harvest the bao earned. His locked bao in that pic is only 2,500 bao. When he harvests his earned bao 95% will go into his locked bao and 5% straight to metamask wallet.

>> No.28726630

>>28706271
This was the first week where we had a community manager and Baoman could actually work.

First project that has actually revolutionary character since a long time.

>> No.28726644

>>28726434
i can smell butter chicken anon....

>> No.28727108

>>28725220
I thought about that, but figured i'll walk out with eth, and the harvest alone from farming will cover the initial after a few months. Once on xdai ill probabaly harvest every couple months for some shitcoin money. Locked BAO for steady longterm income. Good tokenomics for the patient believers.

>> No.28727513

>>28727108
>>28725220

this might help you guys out:

>We will also be adding additional same asset pools (like USDT/USDC, wBTC/tBTC, etc) in order to let users farm with low IL.

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

I was going to suggest only staking half your bag, but this way, you could stake more with theoretically lower risk, and stake part in the stablecoin pool, and part in another pool.

>> No.28727652

>>28727513
You'll be missing out on the sweet sweet gain if you farm with a stable pair tho

>> No.28727910

>>28726584
If my math is right he got ~7mil bao in 30 days, 5% of that is 350000, that's not even 600 dollars. Why even bother?

>> No.28727995
File: 20 KB, 522x472, bbbbbb.jpg [View same] [iqdb] [saucenao] [google]
28727995

How do I stake Bao? I bought a couple through uniswap but I'm still new to this and too stupid to figure out how to stake and lock my Bao. Any and all help is appreciated.

>> No.28728175

>>28727995
I wouldn't do it right now given the current prices and xDai migration being only 2 weeks away. Just use this time to learn and be prepared to stake on xDai when it launches. Most of us have probably been farming for over a month now.

>> No.28728268

>>28727910
????

>> No.28728326
File: 202 KB, 1732x824, Humble Farmer Feb 13th 2021.png [View same] [iqdb] [saucenao] [google]
28728326

>>28725080
>>28724368

Hello. I am the Humble Bao farmer and I've been tracking my gains by hand ever since the 9th of January.

>> No.28728371

>How to stake/farm?
https://chainwave.substack.com/p/farming-bao-token

>Fees and penalities
https://docs.bao.finance/fees-penalties-and-funds

>Track liquidity pool progression
apy.vision

>The Great Bao Migration + Baoswap & Co
https://gov.bao.finance/t/the-great-bao-migration-baoswap-co/165

Welcome to /bao/land.

WAGMI

>>28727995
see chainwave link above, but like
>>28728175
said, youre probably best off waiting

>> No.28728412

>>28727910
My initial cost for was about $600 back then, so if only 5% covered my initial purchase then I'd consider that some very solid gains.

>> No.28728464

>>28728175
Should I continue to buy more Bao in the meantime and just stake once the xdai migration drops?
>>28728371
Thank you so much anon for the links anon.

>> No.28728688

>>28728326
We have a celebrity here huh. Well, please awnser me something: you startes your farm with 4mil bao and got more 7mil farming in 30 days, right? If yes, you got 5% of that when you harvest and that would be ~350000 bao. If my broken math is right you spent 30 days farming for 600 unlocked usd. That's right?

>> No.28728849

>>28728688
Already answered.

>>28728412

>> No.28728879

>>28728412
Yes but my point is that we have no guarantee bao will still be worth as much or more than today in 3 years. I have 4mil that i buyed in at 0.00011 but i still think it's more valuable for me to just hodl and sell in a few weeks/months

>> No.28728957

>>28728849
Calm down flash, i was still typing

>> No.28729159

>>28728879
That's a solid point. If you look at my pic, you can see that I still have 2 mil unstaked to be flipped.

>> No.28729195
File: 36 KB, 612x428, Es3xnAGVcAEGEXF.jpg [View same] [iqdb] [saucenao] [google]
28729195

>>28704813
>mfw I finally got in on a good project early
Bros, we are all going to make it

>> No.28729283

>>28728879
You would have to be the biggest fucking retard to sell this for anything under $0.10

>> No.28729802

Also, I have about 250k BAO just sitting in my metamask wallet. Should I just hold it there?

>> No.28729898

>>28729283
I don't think it can got to .10, the mcap would be too big

>> No.28729924
File: 12 KB, 258x245, 1612137977418.jpg [View same] [iqdb] [saucenao] [google]
28729924

>>28729802
>250k
>early

>> No.28729935
File: 115 KB, 1080x1391, Screenshot_20210214-181902~2.png [View same] [iqdb] [saucenao] [google]
28729935

Reddit midwits have arrived

>> No.28730231

So uh i accidentally on purpose sent my bao to my kraken ETH wallet. It never showed up and after checking, it does clearly say, do not deposit tokens. How badly did i fuck up? is that $80 down the drain?

>> No.28730254

>>28729924
Ok faggot

>> No.28730263

>>28729898
Token burn you fool

>> No.28730433

>>28730231
>$80
Just deposit another 80 anon

>> No.28730536

>>28730433
im poor as shit, fomo'd into this 3 weeks ago and got royally cucked by gas. Figured sending to an ETH wallet would be better since it was like literally 10% the gas fees for swapping back to ETH

>> No.28730666

>>28730231
I've seen other people request tokens back from binance but they had to pay the gas to tx back and also there was some delay for support as all issues like that must be resolved manually

Not sure if kraken support can help but reach out to them. In theory the tokens are recoverable but may depend on krakens infra

>> No.28730869

>>28730263
Do you really think baoman will burn dozens of billions of tokens?

>> No.28731025

Token burns Happens all day every day

>> No.28731052
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28731052

>>28723444
>>28707388
checked and based

>> No.28731172

So what's your best guess at price eoy?

>> No.28731286

>>28730536
If you're poor as fuck you might as well just buy on gate.io .These gas fees are not friendly
>>28731172
bare minimum 1 cent

>> No.28731309

What does it mean last day to harvest without penalty? I can remove all my farmed bao instead of just 5% right now?

>> No.28731363

Fork my poopoo in your mouth you dumb fucking bitches. Fuck this BAOFAG CHINESE SWEATY DISGUSTING GREMLIN PEASANT. KYS

>> No.28731659

>>28731309
I can smell butter chicken

>> No.28731753

Wait I thought you just lost your money to liquidity when you stake a coin, you only lose money if you unstake early?
I've been holding coins for a couple years but I'm new to this staking shit. Just want more bao lads
I have 1 million and want to farm up to 10 million

>> No.28732187

>>28729935
>2k/BAO daily
>has over 3m and is pooling on hotbit
The state of this lad

>> No.28732188

>>28731753
Fuck u too i hope u rot in hell you fucking cuck

>> No.28732286

>>28731753
If you unstake early you lose some of your LP in penalty fees - this is what is referred to in the docs.

While your capital is in an LP pool / token regardless of if you farm it you will be exposed to IL as that is a fundamental effect of providing liquidity at an AMM

>> No.28732430
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28732430

>>28729935

>> No.28732495

Should I stake now or wait for xDAI migration?

>> No.28732713

>>28731659
I don't get it.

>> No.28732807

>>28708255
use metamask

>> No.28732834

>>28732187
He should be making 200k/daily with 3m staked. Lolol

>> No.28733054

>>28729283
Also i think bao being .10 would be impossible because of the whales and "early" niggers

>> No.28733073

>>28732834
Eat my shit u piglet bitch

>> No.28733130

>>28731286
>bare minimum 1 cent
What are you basing that on?

>> No.28733231
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28733231

>>28733073

>> No.28733281
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28733281

>>28733073
rude

>> No.28733580

>>28733130
a dream I had

>> No.28733652

What other projects are offering a basket of L2s kinda like polygon. Or offering a basket of options all in one place

>> No.28733772

>>28733231
>>28733281
So what bitch. FUCK UR BAOBRO HES A FUCKING TURNIP FARMING PIECE OF SHIT

>> No.28733999

>>28733772
OHHH NO NO NO HAAAHHAAHA SEETHE BICH SEETHE

>> No.28734305

Smart baofrens I have a question. Is it possible for a project to fulfill orders using both central exchanges and dexs ? I thought that’s what reef is doing

>> No.28734366

>>28730869
Baoman burned 1.6 million dollars of BAO not too long ago just because it was a lot of money

>> No.28734471

Guys please ignore fudders and let’s focus on how we can take bao to the next level. Shill me suggestions

>> No.28734978

i was sitting here wondering why BAOman would randomly announce his own DEXswaps on L2's. So far, L2 DEXs havent taken off as they dont have sufficient liquidity to perform swaps on a large variety of coins. BAO is the only project running that has nearly ~100 pools (100 unique tokens) with over 1k APY on each. So hes moving the entire project to xDai, a L2. But also creating BAObridges to AVAX at the same time, ok ok, still wasnt really getting it. Then it clicked - he has the ONE project that attracts ridiculous liquidity on 100s of tokens simply due to the APYs. Hes already bringing 100m in liquidity. People will use it seemlessly with plenty of tokens, as it takes off why the fuck would you pool on UNI, SUSHI whatever on a L1 high gas, when you can pool on a L2, using BAO with a 1k+ APY. I for real think BAO is about to forge the transition to L2 DEXs, WHILE also bringing the synthetics, to their own BAO-owned DEXs. This dude is trying to corner the ENTIRE transition to L2.

>> No.28735411

>>28734366
Fuck baoman u pussy ass bitch

>> No.28735501

>>28734978
Blah blah noone cares bitch, its a fucking rugpull anyway. Fuck food tokns

>> No.28735643

>>28734471
I take a huge shit on a pile of bao, thats gon b next lvl u fucking bitch

>> No.28735648
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28735648

>>28734978
>This dude is trying to corner the ENTIRE transition to L2.
This dude is mindraping the competition for all of us

>> No.28735692

Most dexs don’t have much liquidity for trades. It wouldn’t take a very large sale order to wreck the dex and plummet the price. I think if we can somehow combine pulling orders from central exchanges And dexs it would be a game changer bcs it will provide a lot of liquidity for trades

>> No.28735993

>>28735648
Eat shit and die bitch. Bao is a scam u faggot

>> No.28736106

>>28735692
Stp the shill bitch. This is a shitcoin no matter what. It dumped and will go to 0

>> No.28736818

>>28735993
>>28736106
Buy the top again and sell the bottom again you fucking retarded cunt

>> No.28737009

Wait so you guys are telling me, that this thing i bought for nothing is actually going to be a multi billion mcap gem?

WTF BBQ BIZ I lost on 90% of my bets from all your fucking shilling but this alone has made it net positive.