Baby’s Journal #8
How are you doing, babies?
I can’t believe our baby is 8-month old, and the ILO was just like yesterday. Many things we need to fight against in this year.
It was not a bright January considering Bitcoin was broken down to $33k and the whole market crashed, but I’m glad it has gradually recovered around these two days. You all know it looks bloody in the crypto industry, but we always believe this is the best time to build. The market is slow enough for us to catch up on the speed, by upgrading existing features, upgrading interface, and waiting for another boom. You are BABY investors, so it’s super reasonable that you care about the price, but the price has its fundamental relies on features, branding, team, and many other things. We believe we could make it through another round of building.
Our baby started writing journals from the first month. Today, I found Baby’s Journal #8 to share with you. Let’s see how much the baby has grown in January 2022.
As of February 1st, here is our financial data in brief:
DAU (Daily Trading Users): 1,900+
24H Volume: $45,796,263
vBABY Holder: 3,962
On the other hand, thanks to people who love BabySwap that our social media and community status is overwhelming:
BabySwap Twitter Followers: 260.1K+
Telegram Group Members: 137.8K+
Discord Members: 107.4k+
As of February 1st, the circulating volume is 152,104,620 BABY, and the circulating market value is $56,235,649.
BUILDing never stops.
We can’t believe we’ve been this far and the market knows us well enough so that we are in every rank, every list, every ‘first-choice’. The huge thing last month was all about Baby MetaFi. Baby MetaFi includes AMM, NFT, GamePad, MetaLabs, SocialFi, etc. Baby Metaverse is here for you, where users are able to trade, stake, earn, and play in the metaverse. It will essentially be a crypto space for each crypto identity to live.
In Baby MetaFi, two important things were introduced. Baby GamePad Baby GamePad provides investment, issuance, DeFi, funds, promotion, and other services for GameFi projects. To be specific, for projects applying to join GamePad, BabySwap offers Investment, Issuance (INO, IFO, IAO…), DeFi (Exchange, Farm, Pool), Fund, Promotion. Baby GamePad doesn’t only support the GameFi projects that are incubated by us, but also supports gem games that have the authorization of our brand image, need services in initial offering, need funds to build, need marketing service to grow, etc. We’ve already done our first INO, and there’s gonna be more this month!
Another thing is Baby MetaLabs. Besides the growth funds we offer to projects who grow with us, we decided to have a separate department set for private investment. In Baby MetaLabs, we will invest in Web3 Infra, DeFi Protocols, GameFi, and SocialFi, to help with initial offering, marketing, liquidity, etc. We’d also fight for the opportunity for our users to invest in the earlier round. It will also provide potential benefits to our core users by airdropping tokens, NFT, adding whitelists, etc.
We have more friends coming in this month, and If you go to the Playground section, you can find all different places where you can use your $BABY or BABY-LP to play and earn.
Here’s the BabySwap Friends overview as of February 1st.
We made friends with several other partners, and they can best help the baby to be the popular one in the crypto world! We did 15 AMAs in our own Telegram group for our cooperated projects to help them grow. Baby Thursday has also continued, that we will have an AMA in our Discord channel on Thursday, weekly or biweekly. So far, users are satisfied with the pattern and we are more than glad to share our latest progress with the community. We’ve done 5 airdrops to people who put faith in BabySwap.
Bottle was great!! After 4 rounds of Bottle, 11 winners have already got their growth fund!! For this month, community power started to show up more with events from the participating projects! And if you noticed, we have the ‘Event’ button so that you know better who’s holding events that can grant you the benefits you want. Remember babies, your BABY has voting power, and let’s stake to vote, collect to earn! Since the market is not quite active compared to previous months, we will change the Bottle rules a bit starting from next month, please stay tuned for more details!
Auto Baby Pool is still doing amazing, and it keeps attracting BABY to the pool. People love convenience so we offer that for sure! We also introduced limited pools and offered users a better place to allocate their funds.
The baby also likes barbecue, and during last month, we have burned 819,461 BABY in total, which equals $286,800 (~714 BNB), including regular burn, Auto BABY Pool burn, vBABY burn, The Crypto You burn, and there will be more ways to burn for sure! Let’s keep the BABY healthy!
Last but not the least, we have made several friends with other projects! By the end of January, we had 7 Farms and Trade Minings with 7 Pools. The projects were grouped as Bubbly Baby, Celebrity Baby, Housewarming Baby, Flash Baby, and the ordinary type.
BabySwap NFT Ecosystem
By the end of January, we did 4 NFB airdrops, including Diamond Hand, Gold Miner, BitMart co-signed NFB, and Coinhub co-signed NFB. We distributed 150 Diamond Hand NFB to our top 150 holders, 50 Gold Miner NFB to our core yield farmers.
Baby’s Plan in February
We have detailed plans for February and later months. Read carefully and see if anything gets your attention.
1) Smart Router
To better upgrade the trading experience, a smart router is under testing and the audit is finished!
2) NFT Market
Trade your NFT/NFB on BabySwap
Thousands of avatars for you to choose. Which one could represent you?
The future is bright, and the baby is going to fight!
The above is the summary of January and our plans for February. However, please understand that we need to act fast and adjust immediately according to the market, so if the schedule is changed, do not worry about that, we will deliver the service eventually. Time adjustments are for better performance, please trust us on the operation.
We know y’all pay attention to tokens, and trust us, we will do everything we can to empower BABY to realize its real value, and we will continually do so. We aim to be People’s DEX and Metaverse, where everyone is capable of trading, farming, voting, creating, making profits… with BabySwap. And please always remember our purpose: Baby Metaverse is a crypto world for users to trade, earn, and play. It’s the best choice for newborn projects on Binance Smart Chain to get support, including AMM, NFT, and GameFi.
Baby is the future.
Let’s go beyond the DEX.
Thank you for your 8-month support.