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BiDao

2/16/2020

0 Comments

 
https://www.bidaochain.com
  • ​WhitePaper
CoinCheckup - Linked - Twitter - Youtube - Email: hello@bidaochain.com
To take possession of your BiDao (BID) Tokens here is the information for the MetaMask Wallet.
Creating a video and will post as soon as I finish.  Thank you.
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Screen Shots from the Bidao Telegram Group... (Click arrow to advance screen)
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https://etherscan.io <<<This is a tool to help you verify your BiDao (BID) Token.  The ETH Address you submitted to BiDao is the same address you place in the search to verify your purchase.
​Uniswap Tutorial #1 Decentralized Exchange I LOVE by BitBoy Crypto https://youtu.be/1p9Wt2xZ_I4
MetaMask Tutorial 2020
How to Use & Setup MetaMask

by Every Bit Helps 
MyCrypto Ethereum Wallet Tutorial
by Every Bit Helps ​
UniSwap Tutorial 2020: How to Use UniSwap Decentralised Exchange & Liquidity Pools
by Every Bit Helps 
UniSwap v2 DEX: Token List Update
Uniswap Guide with Advanced Tips and Tricks! by Boxmining 
Article: Uniswap review and tutorial: Beginners guide and advanced tips and tricks
Bidao Token Claiming... from the Bidao website:
  • Important: due to security reasons you will not be able to change the address once submitted. If you need help please join our Telegram group https://t.me/bidaoofficial. Here you can also find a little tutorial.
​
  • Important: Don't use an exchange wallet. Only use wallets where you control the private keys. We suggest wallets like MyCrypto and Metamask.
​
  • Important: Don't use an exchange wallet. Only use wallets where you control the private keys. We suggest wallets like MyCrypto and Metamask.
​​
  • If you still do not comprehend how to set up a "MyCrypto Wallet" or a "Metamask account" Youtube search how to video on either wallet.
From the Bidao Telegram group...
_____Please be aware that there is NO so-called Bidao help desk support etc. Bidao Team will NEVER PM/DM you. If you get a PM/DM it's 100% a scammer trying to rob your BID. Only submit your claim to your BID Tokens in the official account https://www.bidaochain.com

_____Take your time to submit your token claim over the next week or two NO PROBLEM!

_____MORE INFO: https://t.me/bidaoofficial/1186

_____Bidao Official Announcement Channel: @bidao _Announcements _Official

_____How to claim tokens https://t.me/bidao_announcements_official/76

_____Which wallets are supported?... All wallets that give you control of your private keys. Bidao recommends: MyCrypto, MEW, Metamask, Ledger, Trezor.

_______NOTE: RE: Exodus Wallet>>> Go to Hello@BiDaoChain.com and ask them to see if you can change your address. You can still access your BID if you used an Exodus Wallet but it is a little more difficult than just suing MyCrypto or Metamask.

_____When will I be able to see the Token in Trustwallet?... After the Token is live on the Ethereal Mainnet. This will happen in about 3-4 weeks. Enter you ETH address and all is fine.

_____How Long do I have to claim my Bidao?... Within 4 weeks

_____Can I leave the coins in my account without moving to ETH address? - Yes, on your preference.

_____What is the contract address and number of decimal places? - Currently these are not needed yet.

_____When can I send the Tokens to another address?... In about 3-4 weeks.

_____Tutorial how to claim the Tokens in 2 simple steps... https://medium.com/bidaochain/token-claiming-howto-f3cedbf4622f

_____RE: Ledger device: Ledger live is only able to show some ERC20. If you set up Metamask with your Ledger ETH address then any tokens you custom add are still protected by your ledger. You will still need your Ledger to sign any transaction. If you set up Metamask with a different ETH address just add your Ledger as another account. On MEW it will show you ERC20 Tokens attached to your Ledger ETH address when you open MEW with your Ledger ETH address. you do the same on MEW to add custom addresses and all ERC20 that are added to your Ledger Ethereum address will be secured by your Ledger Devine on MEW.

​_____________

How to Powerstake?.............

_____Powerstaking is super easy! You just keep your BID Tokens in your wallet without transferring them.

_____Do I need to keep my wallet open to do staking? - No, you don't need to keep your wallet all the time. The staking will be going as long as you are holding your tokens there.

_____When do I receive the staking reward? - you automatically receive staking reward after a period of 12 hours.

_____What is the token supply? - 1.95 Billion for taken sale, which is 75% of the total supply. By doing the math, the total supply is 1.95/75%=2.6 Billion.

_____Can I withdraw my tokens during ICO? - As ICO has ended, we will give further instructions about withdrawal burned tokens

_____________

_____Bidao Whitepaper https://bidaochain.com/static/docs/whitepaperBidao.pdf

_____________

NOTES: _____________ _____________ _____________
BiDao Whitepaper A trustless Stablecoin based on Binance-chain States: 3 Technology 3.1 Binance-chain as Settlement Layer Instead of using ETH as collateral and Ethereum as the settlement layer, BiDao uses BNB (Binance coin) as collateral and the Binance- chain as Settlement Layer. Using BNB instead of ETH as collateral has multiple advantages for the Users.

_____________

Question from Telegram Group: _____________ _____________ _____________

_____Can you explain to me in simple words what's the difference between BIDAO and MAKER? - MAKER is only limited to ETH, in contrast, BID starts from Binancechain and will integrate other chains too, which has broader use cases; simply put: BID can do whatever MAKER is able to do, yet MAKER is not able to do most things BID can do.

_____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.

_____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. The goal is to create a blockchain-agnostic ecosystem for DeFi applications.

_____Will the BID token increase in value for what reason? - If more people use Bidao? - Do people have to use it? _____________ More people use it, since there is no project (including Bitcoin) that people are forced to have to use.
​
​_____From the white paper, "The BID Token is used as the governance Token. By owning more BID, the voting power of certain address increases. This means that addresses with more BID have more voting power than addresses with less BID." - A BidDao Proposal can be proposed by any user who holds some BID. BidDao Proposals can change internal parameters of the BidDaoSystem, like the Stability Fee. After a BidDao Proposal is accepted by the majority of Taken holders, the Proposal becomes active and changes internal system parameters that have been defined within the proposal." Thus, owning BID gives you a governance option for the network; i.e. the more BID you own the louder your voice. For some this might sound irrelevant, but believe me that it's something you want to have.
Screen Shots from the Bidao Telegram Group... (Click arrow to advance screen)
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Articles: (Maker MKR invested Bidao BID​)
  • 12.28.2019 Bidao guide: differences with the other stablecoins By Marco Cavicchioli by The Cryptonomist
4.21.2020 Ethereum 2.0 Launches, TRON added to Bidao, more crypto funds being approved
by  Cryptocurrency News
3.3.2020 NOW is Your Chance to Become a MILLIONAIRE! I Just Invested $10k!
by BitBoy Crypto
3.5.2020 Ivan on Tech explaining Bidao and discussing the Bidao code: 140,000 lines of code already!
by Bidao Chain 
2.16.2020 REALIST NEWS - WOW - Woo Woo Friend just blew my mind about Bidao Token. I had no idea
by jsnip4
(Maker/MKR Invested in Bidao!)

0 Comments

    BiDao

    BID
    ICO Ended 9.3.2020
    Waiting On Airdrop of Tokens

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  • KryptoKids
    • Blogging >
      • Blockchain
      • Cryptocurrency Blog
      • Oracle
    • In the Know >
      • Barry Silbert
      • BlackRock
      • Michael Saylor
      • Nassim Nicholas Taleb
      • Tim Draper
    • Informational >
      • Cyber-Digital Task Force
      • Delores Cannon
      • Health
      • NFT
      • Smart Contracts
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