TOKENIZED DERIVATIVES

For the REBELS
of tomorrow's economy.

baoUSD

Backed by ETH and other ETH backed tokens. A safe haven for those that favor decentralization and transparency.

baoETH

Backed by ETH. baoETH solves high borrow rates for ETH. Unlike traditional markets, baoETH does not need to be deposited before it is borrowed unlocking greater capital efficiency for borrowers.

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Coming Soon

baoBTC

A decentralized, Bitcoin-pegged token on Ethereum, backed by ETH. Unlike wBTC and other alternatives, it avoids centralized control, offering a secure and transparent option for using Bitcoin in DeFi applications.

Get baoBTC

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baoxyz

Unleash the future: Weather-proof your portfolio, tokenize real estate, or trade sentiment. With diverse data feeds, we're crafting financial instruments that pulse with real-world rhythms. Welcome to DeFi's new frontier.

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WHY ONCHAIN DERIVATIVES?

OPEN, TRANSPARENT, AND FOR EVERYONE

The Problem

Traditional finance only works for some people. It's a system designed for wealthy suits, burdened by heavy infrastructure. They own the data, control the marketplace, and change the rules when things don't go their way.

The Solution

We're not just putting finance on the blockchain. We're reimagining it. Our tokenized derivatives create a financial system that's genuinely open, transparent, and accessible to all.

The Power of Data

We're building the world's most accurate, open, and responsive financial data system by creating tokenized derivatives for any quantifiable event. Real-time, tamper-proof tokenized data, empowers you to make informed decisions and leverage data like never before.

Our Journey

We're a small, community-driven team born in the chaos of DeFi Summer 2020, sparked by one visionary: the legendary Baoman. What started as one man's dream quickly united a community, leveling up our skills and drive. Today, we've got the tech to bring that vision to life—tokenizing data to create a financial system where both retail investors and institutions can thrive, side by side.

We may be little dumplings, but together, we can revolutionize finance.

Join the Revolution

UNLIMITED POSSIBILITIES

To Disrupt the $4 Quadrillion Derivatives Market

Global Market Access

Trade synthetic versions of international stocks and commodities 24/7, breaking down geographical barriers.

Example: Invest in Asian markets during US trading hours.

Weather Risk Management

Create derivatives based on weather data, allowing businesses to hedge against climate-related risks.

Example: Farmers can protect crop yields from unexpected weather patterns.

Sports and Entertainment

Tokenize the performance of athletes or box office revenues, opening new avenues for fan engagement.

Example: Trade derivatives based on a player's season statistics.

AI and Machine Learning

Develop tokens representing the performance of AI algorithms, enabling investment in technological progress.

Example: Invest in the improving accuracy of language models over time.

Environmental Impact

Create derivatives tied to environmental metrics, incentivizing sustainable practices.

Example: Trade carbon offset tokens or invest in reforestation projects.

Economic Indicators

Tokenize complex economic data, making it easier for individuals to react to global trends.

Example: Hedge against inflation with tokens pegged to Consumer Price Index.

The future of finance is limited only by our imagination.

Discuss a Derivative with Us

EARN

BY PROVIDING LIQUIDITY

UP TO 50% VAPR

AMM liquidity

Deposit into ETH or USD pegged pools providing swap liquidity and earn AURA and BAL tokens

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Coming Soon

Stability pools

Deposit derivatives and earn ETH for securing the protocol

Deposit

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Coming Soon

Staked Derivatives (S-Tokens)

Lend in multiple markets simultaneously with a single deposit.

Deposit

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BORROW

AT THE BEST RATES

Supply

Borrow

COMING SOON

Borrow Strategies

Leverage Yield

Leverage Long

Spend & Earn

Leverage Short

Leverage Yield

Supply yield-bearing collateral

Borrow correlated token

Buy more collateral

Repeat to compound yield

BORROW NOW

Coming Soon

MINT

PEGGED OR LEVERAGE TOKENS

Deposit ETH

Securely deposit your ETH to start minting tokens.

Choose Token Type

Select between pegged or leveraged tokens based on your strategy.

Use or Store

Utilize your tokens in DeFi protocols or securely store them in your wallet.

No Liquidation Leverage
Create stable or leveraged tokens instantly
Trade smarter, hedge better, and earn yields your way
Full control, anytime redemption
100% capital efficiency

SECURED

BY DESIGN

Audits

All contracts are continuously monitored by white hat hackers since 2021.

Collateral

Bao only allows ETH and ETH-backed tokens with the highest decentralization standards. Approved backing assets include ETH, wstETH, rETH, and LUSD. All new collaterals undergo a rigorous risk assessment process.

Decentralization

While there are some centralized aspects initially, with multi-sigs controlling various parameters, we are actively working on removing trust and will not stop until the protocol is completely trustless.

Pegging

baoUSD and baoETH maintain strong pegs through various mechanisms including variable borrow rates, Liquidity Balancers, and redeemability (coming soon with the Minter).

JOIN THE BAO GANG

Calling all rebels, builders and dreamers

Community Funded
During our distribution phase, Bao raised funds from over 200 DeFi communities, freeing us from the shackles of Venture Capitalists primarily interested in extracting value.
Grassroots
Anyone can contribute to Bao's success. All of the core team were regular community members at one time. We are focused on mass participation from anyone who supports our mission.
Decentralization Maximalist
Our products are designed with decentralization in mind. Without central points of failure, we are more resilient, censorship resistant, transparent, accessible, and adaptable.

TOKEN

The BAO token is at the heart of our ecosystem, empowering community-driven governance and decision-making.

veBAO Governance

Lock your BAO tokens to receive veBAO, granting you voting rights and control over the project. veBAO holders propose and vote on governance decisions, controlling everything from team members to revenue usage, tokenomics, roadmap, and product launches.

Earn Liquidity Rewards

Provide liquidity in our Balancer 80/20 pools to earn AURA and BAL tokens. Participate in our liquidity mining program and earn additional rewards while supporting the BAO ecosystem.

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