Warning: Bao Finance is in alpha, it is unaudited and was originally developed by a one-person self-taught team. While we are in the process of scaling the team, please understand the risks and use this product accordingly.
It's like SNX + Aave, but for Uniswap, SushiSwap and Balancer.
Rather than re-invent the wheel Bao creates new features for existing protocols.
The BAO token acts as a governance token for the fully community run project. It is also backed by the insurance fund where all Bao fees go.
Bao Finance Price Analysis
As of October 11 2024 Bao Finance has a marketcap of $37K.
This is {{percentagefromath}} from its all time high of $0.00317406.
In terms of its tokenomics, there's a total supply of 984B with 7.5% currently outstanding.
Keep in mind Bao Finance has a fully diluted value of $494K which many investors might interpret as overvalued.
Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.
Summarized in part by ChatGPT 4 and Claude