BAI Stablecoin BAI
1. Summary
- Description
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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.
Price | |
52W High price | $1.04 |
52W High date | 11th Nov 2023 (11 months ago) |
All Time High (ATH) Date | 18th Dec 2023 (10 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) | $11,584.00 |
Total Supply | 1.25M |
Circulating Supply | 1.25M |
BAI
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
21.1%
Similar Market Cap
60 Day Return
0.3%
BAI
-11.5%
Similar Market Cap
1 Year Return
1.6%
BAI
-15.0%
Similar Market Cap
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 115
Most Active Repos
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Past 12 weeks | |
Past year |
Past week | |
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Past 12 weeks | |
Past year |
Past week | |
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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.
Tip: Toggle each network by clicking the name above
Historic data is only available from 22nd April 2022
Total Followers
Reddit Subscribers | |
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Active Reddit Users (past 24h) | |
Discord users | |
Active Discord Users | |
Telegram Users | 14,380 |
Twitter followers | 55,679 |
No recent news found.
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
Website | https://astriddao.xyz/ |
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Explorer | https://blockscout.com/astar/token/0x733ebcC6DF85f... |
@AstridDAO |
What is the correct contract address for BAI Stablecoin?
Astar | 0x733ebcc6df85f8266349defd0980f8ced9b45f35 |
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Has BAI Stablecoin been audited for security?
No security audits found for this project.
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