The main and fundamental mission of the BaksDAO project - to make financial services available around the world to develop a democratic society and preserve the environment for future generations.
About BaksDAO project
The mission of the project depends entirely on the economic condition of the coin defi platform. The activities of the site should be aimed at obtaining maximum profit only by legal and ethical means.
The opportunities, provided by the platform and its tools, should be available to as many people as possible, and its activities should be aimed at expanding its geographical coverage and accessibility through education, promotion and guarantees of effectiveness.
The goal of BaksDAO - to achieve a full decentralization. To achieve this goal, all holders of BaksDAO Voice (BDV) tokens with the right to vote must be given equal access and rights to ensure long-term success.
Deposits are accepted at two rates:
| 1. | Fixed. |
| 2. | Floating. |
All user funds must be protected from external and internal influences and manipulations. This is achieved through the constant conditions of smart contracts and open blockchain networks, as well as the audit of smart contracts and IT infrastructure for vulnerabilities and constant security support throughout the life cycle of the platform. All funds, issued by the platform, must always be backed by crypto assets. Every Baks DAO user can have BAKS stablecoin on the ERC-20 and BEP-20 blockchains in exchange for their crypto assets. This cryptocurrency is fully backed by crypto assets on BaksDAO smart contracts.
More about defi app
Users can have BaksDAO Voice (BDV), a system governance token that facilitates decentralized community decision making. In addition, it guarantees the autonomy, security and transparency of the system, as well as the fulfillment by the platform and the community of obligations to the participants in the system. Baks DAO will invest at least 25% of its future profits in projects, related to the preservation and protection of the environment and the creation of new jobs in this sector of the economy. Baks DAO is also investing at least 25% of its future profits in burning BDV to ensure long-term financial development and sustainability.