Bae Finance
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DAO Fund
The fund controlled by the developers of BAE Finance that conducts buybacks and acts as a reserve to help maintain the peg.

DAO Wallet Address:

0x9921b84fD028cBAbf22405971c9C0854e6B58014
The DAO fund is the second line of defense on top of the Bond Mechanism. The DAO fund is controlled by the Developers and will later move to a governance system to vote on using funds in certain areas of the project and outside including investment, marketing etc.
Information about the DAO is as follows:
  • When BAEP is below peg buybacks will be initiated by the DAO
  • When BAEP is above peg the DAO will sell BAEP to to accumulate stables and prepare to buyback if the peg goes below 1.
  • The DAO fund will hold a range of assets at the discretion of the core team
  • The fund may or may not invest in safe projects to earn yield and grow itself at the discretion of the team.

15% of BAEP Emissions will go to the Treasury(DAO Fund).

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DAO Wallet Address: