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Bao Finance (BAO) price, chart, coin profile and news

Find the latest Bao Finance (BAO) price, coin profile, news and history to get you started with Bao Finance trading and investing.

What is Bao Finance?

BAO is the blockchain-based governance token of BAO Finance, created exclusively for financial transactions. BAO Finance is a “second layer” protocol for synthetic assets built on top of Uniswap, SushiSwap or Balancer. It is known as L2 (Layer 2) DeFi because it adds its protocol features over a DeFi system. The main objective of BAO Finance is to create robust synthetic assets for any type of market. Users can generate synthetic assets by using their liquidity provider (LP) tokens from Uniswap, SushiSwap or Balancer and becoming a part of the BAO ecosystem. Additionally, the user also earns yields and fees by providing liquidity to the pools. The BAO token is backed by an insurance fund where all the BAO fees are accumulated. By staking their LP tokens as collateral, users can also earn BAO tokens that can be used to create more synthetic assets, which can then be used to invest in other assets.

Bao Finance (BAO) is the 1011st largest cryptocurrency in the world by market cap, valued at $12,364,873. The current price of Bao Finance is $0.00016874, which is 0.402% higher than yesterday. Prices have ranged between $0.00020081 and $0.00016371 over the past 24 hours. All prices are listed in US dollars and accurate as of January 24, 2022 01:01 UTC.

Bao Finance (BAO) price

Use our graph to track the performance of (BAO) over time.

Bao Finance at a glance

Information last updated January 24, 2022 01:01 UTC.
Coin symbol BAO
Coin Marketcap US$12,364,873
Total BAO supply 956,144,205,381
Circulating BAO 73,369,322,028
Current price US$0.00016874
All time high US$0.00317406
Partnerships SushiSwap
Industry Decentralized finance
Token uses Governance
Network Ethereum

Bao Finance price performance over time

Historical prices compared with the price of US$0.00016874.

1 hour -1.24%
24 hours 0.40%
7 days -33.63%
14 days -35.52%
30 days -51.70%
60 days -75.81%
200 days -68.64%
1 year -64.16%

Disclaimer: Cryptocurrencies, including Bao Finance, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of BAO is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Bao Finance or any other cryptocurrency discussed.

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