BondAppetit Governance Token

BondAppetit Governance Token

BAG
$0.023333564

Key Metrics

Price$0.023333564
Real Volume (24H)$0
Marketcap$252,699.75
Fully Diluted Valuation$1,882,073
ATH$7.17
ATH DateN/A
ATL$0.00032263
ATL DateN/A
Circulating Supply11M
Total Supply100M
WebsiteN/A
WhitepaperN/A
Popularity Rank3093
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What is BondAppetit Governance Token?

BondAppetit (BAG) is a revolutionary lending DeFi protocol that allows businesses to borrow money, both in fiat and crypto, from the protocol while providing bonds as collateral. The stablecoin (USDap) of BondAppetit is unique in that it is fully decentralized and fully backed by real-world assets with fixed periodic income (bonds). This means that BAG holders can earn rewards from these real-world assets as staking rewards, resulting in a stable income in USD.

BondAppetit was founded by a team of seasoned coders, lawyers, and financiers, who have extensive experience working at and with the most well-known global corporations. Artem Tolkachev, a former head of the Blockchain Lab at Deloitte, is the key founder of BondAppetit. Additionally, Sasha Ivanov, CEO of Waves, serves as one of the advisers.

What sets BondAppetit apart from other DeFi protocols is its innovative stablecoin, the USDap. This stablecoin is fully backed by real-world assets with fixed periodic income (bonds) and is fully decentralized, making it unique in the DeFi space. The underlying collateral of the stablecoin generates substantial passive income for BAG holders, making it a valuable asset in any DeFi portfolio.

Overall, BondAppetit offers a groundbreaking DeFi protocol that provides a stablecoin backed by real-world assets with fixed periodic income, making it an attractive option for businesses looking to borrow money and for investors seeking a stable income stream. The team behind BondAppetit, along with its unique features, has the potential to drive the platform's success in the rapidly evolving DeFi ecosystem.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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