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Author Topic: [ICO] Bidao - Trustless Stablecoin on Binance chain  (Read 217 times)
DoNotTreadOnMe
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September 21, 2019, 07:36:07 PM
 #1

BIDAO

What Is BiDao?
BiDao is a new blockchain system that creates a trustless stablecoin and a new decentralized financial tool that allows leveraged trading in a trustless setup. Moreover, BiDao is a one-stop-shop for DeFi applications.

The Problem
At the moment there is no trustless stablecoin that is blockchain-agnostic and allows different crypto assets as collaterals. The only similar system is MakerDAO, but MakerDAO is completely dependent on the Ethereum Blockchain and therefore not able to interact frictionless with other crypto assets. The decentralized finance (Defi) market is growing each day and users are looking for new tools that can be used in the new decentralized
financial world.

The Solution

BiDao is building a new blockchain system that is dedicated to DeFi. In the beginning, BiDao will be completely integrated with the Binance Blockchain and BNB will be used as the collateral. In the future also other Blockchains will be integrated into the BiDao ecosystem. Our goal is to create a blockchain-agnostic ecosystem for
Defi applications.

Fundraising
To finance the implementation and marketing of the BiDao platform a fundraise will be conducted. During fundraising, the BID Token will be sold. The BID Token is a BEP-2 compliant Token that is running on the Binance Blockchain.

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October 27, 2019, 03:28:38 AM
 #2

Very excited about this project!

Excellent white paper btw: https://www.bidaochain.com/static/docs/whitepaperBidao.pdf

Mentioned today by @IVANONTECH!

https://www.youtube.com/watch?v=ybmX6AeXin0

This promises to be a huge boon the Binance network!
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