Ask about Baki
Logo of BakiBaki
Total Value Locked$0

TVL by Chain

Avalanche$0

Protocol Information

Baki provides synthetic African stablecoins in a scalable manner to bring African currencies on-chain. Collateralized with USDC, Baki allows users to mint zUSD (US Dollar), zNGN (Nigerian Naira), zZAR (South African Rand) and zXAF (Central African CFA). zTokens can be swapped for one another without any slippage, providing infinite FX liquidity.

Category:CDP

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Methodology

TVL: Total collateral deposited on BakiView code on GitHub

Competitors

Abracadabra Spell ($4.06m)QiDao ($2.17m)Parallel Protocol V3 ($2.06m)Angle ($1.95m)Iron Finance ($315,590.74)xDollar ($226,596.61)Defrost ($81,709.72)Button Wrappers ($25,561.99)TopShelf ($19,343.8)Stabilize ($18,957.27)

Frequently Asked Questions

What is Baki?

Baki provides synthetic African stablecoins in a scalable manner to bring African currencies on-chain. Collateralized with USDC, Baki allows users to mint zUSD (US Dollar), zNGN (Nigerian Naira), zZAR (South African Rand) and zXAF (Central African CFA). zTokens can be swapped for one another without any slippage, providing infinite FX liquidity.

What is Baki's TVL?

Baki currently has $0 in total value locked.

What chains does Baki operate on?

Baki operates on Avalanche.

How does Baki's TVL compare to similar protocols?

Among CDP protocols tracked by DefiLlama, Baki ranks #182 by TVL. The category holds $7.838b across 192 protocols, and Baki accounts for 0% of that total. Other leading protocols include Sky, USDD, and Lista DAO.