About Bidao
Bidao® is building a chain agnostic trustless stablecoin and decentralized finance ecosystem. Moreover the Bidao® Token can be staked to earn extra rewards.
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Market Stats
Market Cap
Not enough data
FDV
$570.40K
Circ. Supply
Not enough data
Max Supply
2.7B BID
Total Supply
2.7B BID
Diluted Valuation
$570.03K
Performance
Popularity
Not enough data
Dominance
Not enough data
Volume (24H)
$340.57
-22.1%
Volume (7D)
Not enough data
Volume (30D)
Not enough data
All time high
$0.0452
Price Change (1Y)
-73.57%
Additional details
Market details
BID vs markets
↘ 83.2%
BID vs BTC
↘ 83.08%
BID vs ETH
↘ 81.49%
Tags
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x25e1474170c4c0aA64fa98123bdc8dB49D7802fa | |
Gnosis | 0x2977893F4C04bfbd6EFc68d0e46598d27810d3dB |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.000216 | ↗ 0.44% |
1 Day | $0.000215 | ↗ 0.44% |
1 Week | $0.000258 | ↘ 16.37% |
1 Month | $0.000327 | ↘ 34.09% |
1 Year | $0.000817 | ↘ 73.57% |
FAQ
BiDao cryptocurrency (BID) is a trustless stablecoin based on the Binance chain. BiDao uses a completely decentralized proof-of-stake blockchain. In the future, BiDao seeks to integrate with other blockchains like EOS, Ethereum, and Tezos and become the one-stop shop for Decentralized Finance (Defi) applications. Moreover, Bidao seeks to build a trustless stablecoin system to create a more open, transparent, borderless world using financial services. A decentralized stablecoin system allows for a more transparent financial system. The decentralized governance system of Bidao supports its mission of creating an open financial system.
Currently, there is no reliable, blockchain agnostic(multiple blockchain compatible) stablecoin that allows different crypto assets as collaterals. According to its whitepaper, BiDao solves this problem by creating a blockchain-agnostic ecosystem for Defi applications. BiDao has plans to develop a new DeFi-dedicated blockchain system.
Some of the main features of the BiDao ecosystem include security and stability. BiDao ecosystem offers a programmable digital asset that anyone can securely store and transfer. The ecosystem is 100 percent collateralized by cryptocurrency. BiDao maintains its price stability through blockchain technology.
BiDao system has three tokens within its ecosystem :
-BAI Token is the stablecoin of BiDao.
-BID token is the staking and governance coin. Moreover, BID token holders can use the tokens to pay the fees within the BiDao system. BID token holders play a vital role in governing the BiDao system. The governance system of Bidao allows BID token holders to make decisions and vote for proposals. By owning more BID tokens, the voting power of a specific address increases. Addresses with more BID tokens have more voting power than addresses with fewer BID tokens.
-BNB token is the collateral coin of the BiDao ecosystem.
Bastian Aigner is the founder and CEO.The whitepaper of the platform was published on July 26, 2019.
Earn up to $2,000 when you buy $50 in crypto
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Social stats
Popularity in posts
#538
Contributors
171
Posts
464
% About Bidao
0.044%
Hold times
0 days
X (Twitter)
29.47% bullish
Sentiment
4.3 ★
Highlights
171 unique individuals are talking about Bidao and it is ranked #538 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Bidao has an average sentiment score of 86 out of 5. Finally, Bidao is becoming less newsworthy, with 0 news articles published about Bidao.
On Twitter, people are mostly neutral about Bidao. There were 30.71% of tweets with bullish sentiment compared to 4.21% of tweets with a bearish sentiment about Bidao. 69.29% of tweets were neutral about Bidao. These sentiments are based on 769 tweets.
On Reddit, Bidao was mentioned in 0 Reddit posts and there were 0 comments about Bidao. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
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