BondAppétit Governance Token

BondAppétit Governance Token

BondAppétit Governance Token BAG Rank #-

Tutorial BondAppétit Governance Token (BAG) Token. Project explained, price and staking

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What is BondAppetit (BAG)? BondAppetit is a DeFi lending protocol with a stablecoin (USDap) fully backed by real assets with fixed periodic income (bonds). Companies can borrow money (in both fiat and crypto currency) from the protocol, providing bonds as collateral. BondAppetit is part of the Ethereum DeFi ecosystem. BAG is BondAppetit's governance token and the main incentive tool for protocol participants and the community. BAG holders have the ability to earn real-world resource rewards, which support the USDap. The stable income in USD is distributed among the holders as a reward for staking. Who are the founders of BondAppetit? BondAppetit was created by a team of experienced programmers, lawyers and financiers, who have worked in and with leading global companies. The key founder is Artem Tolkachev, former head of Deloitte's Blockchain Lab. One of the consultants is Sasha Ivanov, CEO of Waves. What makes BondAppetit unique? BondAppetit is the first DeFi protocol with a fully decentralized stablecoin (USDap) fully backed by real-world assets with fixed periodic income (bonds). Additionally, the underlying collateral generates substantial passive income for CSD holders.