Protocol Information
Bao Finance is like a combination of SNX and Aave, but use LP tokens for collateral. Rather than re-invent the wheel, Bao will create new features for existing DeFi protocols. The BAO token acts as a governance token for the fully community run project. It is also backed by the insurance fund where all Bao fees go.
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubCompetitors
Frequently Asked Questions
What is Bao Masterchef V1's TVL?
Bao Masterchef V1 currently has $28,183.59 in total value locked. TVL has increased 17% over the past 30 days.
What chains does Bao Masterchef V1 operate on?
Bao Masterchef V1 operates on 2 chains: Ethereum and Gnosis. Gnosis holds the largest share at 100%.
How does Bao Masterchef V1's TVL compare to similar protocols?
Among Farm protocols tracked by DefiLlama, Bao Masterchef V1 ranks #40 by TVL. The category holds $674.83m across 231 protocols, and Bao Masterchef V1 accounts for <0.1% of that total. Other leading protocols include DumpEX, Swell L2 Farm, Zircuit Staking, Katana Pre-Launch, PoWH3D, Fomo3D, Blast pre-launch Farm, Sophon Farm, Ethereal Season Zero, and Blackwing.