Description

Traditional finance doesn’t work. For too long it’s been serving the wealthy suits while erecting barriers of entry for everyone else. They own the data, restrict the tools, and change the rules to always be in their favor. It’s time to not only give that power back to the people, but to create even more powerful tools that the old cumbersome system could never dream of.

At Bao Finance, we’re building a community composed of brilliant minds all seeking control of their own finances and building a new system that works for everyone. Synthetic assets allow us to create financial instruments and markets never seen before. If the data exists, so too can a marketplace for it - the possibilities are endless.

It all comes down to data. Most people aren’t aware that financial data is what makes institutions so powerful and why you can’t do what they do. This is why synthetics will matter. If you can get liquidity in any discrete quantifiable event, what have you created? The world’s most accurate financial data system. Financial data is used within insurance, lending, hedge funds, risk mitigation, banking, yield, mortgages, credit scores, etc.

Incentivised synthetics allow you to start building an open financial data market. Once you have synthetics, you own the financial data stream to anything because you can incentivise liquidity to make it more accurate. With this financial data stream you can start any DeFi business you want on top of it, or package and sell the data for others to build on. You become the foundation for the future of finance.

Open
Open 24h today
  • Monday

    Open 24h

  • Tuesday

    Open 24h

  • Wednesday

    Open 24h

  • Thursday

    Open 24h

  • Friday

    Open 24h

  • Saturday

    Open 24h

  • Sunday

    Open 24h

  • 9 febrero, 2023 7:18 am local time

Categories
Social Networks
  • No comments yet.
  • Add a review
    eos
    EOS (EOS) 0,987009 5,05%
    aave
    Aave (AAVE) 76,42 7,83%
    the-graph
    The Graph (GRT) 0,159524 16,69%
    kusama
    Kusama (KSM) 33,28 4,18%
    waves
    Waves (WAVES) 2,40 8,69%
    dash
    Dash (DASH) 57,57 6,39%
    bitcoin
    Bitcoin (BTC) 21.020,78 3,01%
    ethereum
    Ethereum (ETH) 1.513,01 3,27%
    cardano
    Cardano (ADA) 0,358076 3,98%
    tether
    Tether (USDT) 0,932952 0,07%
    xrp
    XRP (XRP) 0,366670 1,92%
    solana
    Solana (SOL) 21,03 5,37%
    polkadot
    Polkadot (DOT) 6,15 4,40%
    usd-coin
    USD Coin (USDC) 0,932020 0,00%
    dogecoin
    Dogecoin (DOGE) 0,081569 5,44%
    uniswap
    Uniswap (UNI) 6,14 6,00%
    terra-luna
    Terra Luna Classic (LUNC) 0,000162 6,22%
    litecoin
    Litecoin (LTC) 89,79 4,76%
    chainlink
    Chainlink (LINK) 6,50 3,45%
    bitcoin-cash
    Bitcoin Cash (BCH) 119,76 5,07%
    algorand
    Algorand (ALGO) 0,253591 3,51%
    matic-network
    Polygon (MATIC) 1,17 2,59%
    stellar
    Stellar (XLM) 0,083080 3,43%
    cosmos
    Cosmos Hub (ATOM) 13,64 2,25%
    filecoin
    Filecoin (FIL) 4,84 6,50%
    tron
    TRON (TRX) 0,060124 2,25%
    ethereum-classic
    Ethereum Classic (ETC) 20,50 4,63%
    dai
    Dai (DAI) 0,932020 0,02%
    tezos
    Tezos (XTZ) 1,10 5,79%
    monero
    Monero (XMR) 151,31 3,38%