What is BAI Stablecoin (BAI)?
AstridDAO is a decentralized money market and multi-collateral stablecoin protocol built on Astar Network and for the Polkadot ecosystem, which allows users to borrow $BAI, a stablecoin hard-pegged to USD, against risk assets at 0% interest and minimum collateral ratio. This means you can use the value in your risk assets including $ASTR, $BTC, $ETH, $DOT, etc. without having to sell them.
Where can you buy BAI Stablecoin?
BAI Stablecoin (BAI) is traded on a wide range of centralized and decentralized exchanges. The most liquid markets for BAI sit on tier-1 venues - the sort of exchanges where institutional desks and professional market makers rebalance continuously - which is what keeps the spread tight and the last price tied closely to fair value.
The price and 24-hour volume on this page combine the exchanges ReadPrices tracks for BAI. Before you trade, compare the fee schedule and the order-book depth on the venue you plan to use: the same coin can cost noticeably more to buy on a thin market.