🎁 Ace quick missions & earn crypto rewards while gaining real-world Web3 skills. JOIN NOW! 🔥
Bao Finance logo

Bao Finance BAO

Status

Bao Finance Cryptocurrency data is untracked

Bao Finance (BAO) cryptocurrency is marked as 'Untracked' because of inactivity or insufficient amount of data.

Owner of this cryptocurrency? Activate Data!

Market Cap
$17,201
0.00%
Fully Diluted Market Cap
--
Volume
24h
--
Volume / Market Cap
0.00
Circulating Supply
34,066,471,176 BAO
Max Supply
--
Total Supply
560,270,974,250
Inactive cryptocurrency chart

Unfortunately, seems like there is no data available for Bao Finance because of coin inactivity. Owner? Activate Data!

Don't miss out - BYDFi new user bonus is now LIVE! Join BYDFi & unlock up to $2,000 in rewards. Claim Bonus! 🎁

Live BAO Price Analysis

The current real time Bao Finance price is $0.00, and its trading volume is $0 in the last 24 hours. BAO price has plummeted by 0.00% in the last day, and decreased by 0.00% in the last 7 days. It's important to note that current Bao Finance market capitalization is $0, Talking about circulating supply, BAO has 0 coins. Currently, Bao Finance rank on the market is #7720.

Bao Finance price today is 100.00% below all time high, and it is 100.00% below all time low.

All data and prices are updated in real-time. The most active and popular exchanges for buying or selling BAO are Kraken, Crypto.com & Coinbase. Find more crypto exchange options on our Crypto Exchange Tracker. The most secure hardware wallets for keeping your cryptocurrency safe are Ledger and Trezor.

What is Bao Finance (BAO)?

Bao Finance is an open-source, community-run project that offers Layer 2 decentralized finance (DeFi) solutions. The protocol aims to create a multi-network suite of applications that provides cross-chain DeFi services to users. Bao Finance has already launched its main project and franchise models on xDai, Polygon, and Binance Smart Chain (BSC). The franchised versions are Bao Farms, BaoSwap, and Bao Synths.

The project is powered by the native token BAO. View the BAO price in the chart above to know how the project is performing in the market.

Bao Finance allows users with LP tokens from other protocols to create synthetic assets within the network. Synthetic assets are tokenized derivatives that mimic the value of another asset. On the other hand, LP tokens are digital tokens issued to liquidity providers on a decentralized exchange (DEX). Such DEX runs on automated market maker (AMM) protocol. LP token holders can generate synthetic assets (synths) up to their collateral limit. Synths allow users to build and own an open financial data market. You can use such data to build and own any DeFi business. Additionally, you can package the data and sell it for others to build on.

Bao Finance is solving the challenges with the existing synthetic asset solutions. Systems such as Synthetix requires users to put their assets into a base token to collateralize their synthetic asset. In such a system, you take on risk and loss exposure to your underlying asset. The assets also remain idle, not used for other purposes.

Bao Finance uses the existing assets from other protocols (your LP tokens) to create synthetic assets. This approach gives you exposure to your underlying assets. Furthermore, the assets are optimized such that they do not remain idle. You continue to earn staking fees and liquidity pool fees from your assets.

Use Cases of BAO Tokens

BAO coin is a utility token of Bao Finance. The token holders can earn fees by staking their LP tokens as collateral. Additionally, you can earn rewards by investing the tokens in yield farming. Furthermore, BAO is a governance token, enabling holders to vote in governance polls for various proposals.

BAO tokens are listed on popular exchanges. You should conduct a BAO price analysis if you are planning to buy the tokens. You can get accurate data about the Bao Finance price from the live chart above.

Who Founded Bao Finance?

Bao Finance (BAO) was founded by Bao Man, an experienced developer. Bao Man is also the developer of Baoswap.xyz, Pollyfinance.com, and Pandaswap.xyz.

Tokenomics of BAO

The initial total supply of BAO tokens was set at around 1.5 trillion BAO. However, the community can vote to change the caps of the token. The community would want to set an effective cap, that allows a sufficient supply of the tokens while preventing inflation. As such, the stability of the ecosystem will be maintained and Bao Finance price will be protected.

The token distribution is designed such that when a user earns tokens, 95% are locked and only 5% are unlocked. This mechanism controls the amount of BAO crypto assets released in circulation to ensure the stability of the BOA price.

What's Bao Finance trading volume in the last 24 hours?

BAO has a trading volume of $0 in the last 24 hours.

What's Bao Finance highest price ever?

BAO has a highest price of $0.0032, which was reached on Feb 03, 2021 (4 years 7 months ago).

What's Bao Finance lowest price ever?

BAO has a lowest price of $0.000000505, which was reached on Sep 11, 2024 (1 year 2 weeks ago).

What are the best exchanges for buying and selling BAO?

Currently, the most active and dominating exchanges for buying and selling Bao Finance are Kraken, Crypto.com & Coinbase. The most popular Bao Finance trading pairs are Head to the Crypto Deal Directory to access custom & exclusive discounts, vouchers and welcome bonuses from the most popular exchanges.

What are the safest hardware wallets for keeping BAO?

According to an in-depth review process and testing, Ledger and Trezor are one of the safest and most popular hardware wallet options for keeping Bao Finance. For exclusive discounts and promotions on best crypto wallets, visit Crypto Deal Directory.

Pages Related to Bao Finance

Read the hottest Crypto News.

Watch Animated Crypto Video Explainers.

Learn Crypto From Scratch.


Bao Finance Markets' Analysis

Bao Finance (BAO) Markets
# Exchange Base Currency Quote Currency Name Price Volume Volume %

Bao Finance (BAO) Markets

Chart loader
Loading...
# Exchange Base Currency Quote Currency Name Price Volume Volume %


Bao Finance Price History Analysis

Price History for Bao Finance (BAO)
Date Open High Low Close Volume Market Cap
Chart loader
Loading...
Date Open High Low Close Volume Market Cap


Bao Finance Popularity Metric Analysis

By analyzing Bao Finance social media signals, you can instantly see how active, community-involved and popular the company is. Looking at Bao Finance X statistics, it's clear that the brand has 2,903 followers, which is considered to be a quite small follower base. On the other hand, Bao Finance is following 114 X accounts. It's important to note that Bao Finance has posted 1,115 tweets since it joined X on Mar 15, 2022, which shows the brand's level of involvement and proactiveness.

Bao Finance currently has 0 monthly organic visitors to its website, which is quite a low amount of traffic. The company's Ahrefs Rank is 2,242,113, and the Website Domain Rating is 36 - both of these metrics are deemed as average.

Our Score
9.8
One of the best crypto exchanges, especially in the US.
Bao Finance Price
--
Price Change 24h
--
All Time High
Feb 03, 2021 (4 years 7 months ago)
$0.0032
100.00%
All Time Low
Sep 11, 2024 (1 year 2 weeks ago)
$0.000000505
100.00%
Trading Volume 24h
--
Volume / Market Cap
0.00
Market Dominance
--
Market Rank
#7720
Market Cap
$17,201
0.00%
Fully Diluted Market Cap
--

binance
×
Verified

CLAIM $100 BONUS

Changelly Welcome Reward
Rating
5.0