BAI Stablecoin Logo

BAI Stablecoin BAI

BAI Stablecoin header image

1. Summary

Ranks

Liquidity
61
Developer
-
Social
91
Momentum (beta)
80
Stack Rankā„¢
-
Price
$1.01 -0.8%
Market Cap
$1.26M (#2646)
Supply
1.25M / 1.25M
Tags
Price
52W High price $1.04
52W High date 11th Nov 2023 (8 months ago)
All Time High (ATH) Date 18th Dec 2023 (6 months ago)
ATH Price $1.25
% From ATH -19.49%
All Time Low (ATL) Date 11th Mar 2023 (1 year ago)
ATL Price $0.88
% From ATL 14.66%
Supply & Trading Volume
Trading Volume (24h) $14,842.00
Total Supply 1.25M
Circulating Supply 1.25M
Description

About BAI Stablecoin

About BAI Stablecoin

BAI Stablecoin, symbol BAI, is part of the AstridDAO decentralized money market and multi-collateral stablecoin protocol. It is built on Astar Network and designed for the Polkadot ecosystem. BAI is a hard-pegged stablecoin to USD, meaning its value is directly linked to the US dollar. This stablecoin is over-collateralized by multiple assets, including USDC, USDT, wBTC, wETH, DOT, and DAI. AstridDAO allows users to borrow BAI against risk assets, such as ASTR, BTC, ETH, and DOT, at 0% interest and with a minimum collateral ratio. This mechanism enables users to utilize the value in their risk assets without having to sell them. The protocol achieves high capital efficiency and price stability through instant liquidation and instant redemption, along with support for stablecoins as collateral.

2. Price

BAI

2.1. Market Performance

How does BAI Stablecoin's (BAI) performance compare to the median performance for assets of a similar market capitalization?

30 Day Return

-0.4%

BAI

9.7%

Similar Market Cap

60 Day Return

0.3%

BAI

17.6%

Similar Market Cap

1 Year Return

1.6%

BAI

-4.0%

Similar Market Cap

3. Developer Activity

We're monitoring 3 BAI Stablecoin GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.

Weekly Commits (All BAI Stablecoin Repos)

Commits vs. The Market

  • Past 4 weeks: 0 commits vs. an average of 1
  • Past 12 weeks: 0 commits vs. an average of 8
  • Past year: 0 commits vs. an average of 117

Most Active Repos

Past week
Past 12 weeks
Past year
Past week
Past 12 weeks
Past year
Past week
Past 12 weeks
Past year

Top Developers 2024

In total, 13 developers have contributed to BAI Stablecoin over the past year. Who are the most active BAI Stablecoin developers, by commits, over the past year?

Related Projects

Developers working on BAI Stablecoin also worked on these projects.

4. Social Activity

Tip: Toggle each network by clicking the name above

Historic data is only available from 22nd April 2022

Total Followers

Reddit Subscribers
Active Reddit Users (past 24h)
Discord users
Active Discord Users
Telegram Users 14,380
Twitter followers 55,679
5. News

No recent news found.

7. More Information

Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:

Website https://astriddao.xyz/
Explorer https://blockscout.com/astar/token/0x733ebcC6DF85f...
Twitter @AstridDAO

What is the correct contract address for BAI Stablecoin?

Astar 0x733ebcc6df85f8266349defd0980f8ced9b45f35

Has BAI Stablecoin been audited for security?

No security audits found for this project.

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