What is Bidao® Smart Chain Bidao® is in the process of developing a cutting-edge blockchain ecosystem designed to cater to various digital assets, such as DeFi, NFTs, and Tokens. The Bidao® Smart Chain is built on the reliable ETH2.0 Proof-of-Stake consensus algorithm, which ensures the network’s stability and security. In…

Go to https://remix.ethereum.org/#lang=en&optimize=false&runs=200&evmVersion=null&version=soljson-v0.8.18+commit.87f61d96.js 2. Create a new file and call it MyToken.sol 3. Paste the contract code below: // SPDX-License-Identifier: MIT pragma solidity ^0.8.17; import "https://github.com/OpenZeppelin/openzeppelin-contracts/blob/v4.0.0/contracts/token/ERC20/ERC20.sol"; contract MyToken is ERC20 { constructor(string memory name, string memory symbol) ERC20(name, symbol) { // Mint 100…

Dear Bidao Warriors 😃, We are pleased to announce the public release of the Bidao Smart Chain Devnet. This significant step enables users to experience and transact on the Bidao Smart Chain Devnet. …

Dear Bidao Warriors 👐 The Bidao team is constantly working on the Bidao ecosystem. Bear markets can be quite brutal, but bear markets are the perfect time to build and optimize. In the last bear market a similar meme like HODL was created, called BUIDL. This “BUIDL” means that the…

Dear Bidao Warriors 🙋, in this update, we will discuss the current state of the Bidao development and a bit about the TerraLuna situation and how it relates to the Bidao mission. Bidao Development 💻 As you may know, Bidao is currently in the testing stage. In the last update, we showed you…

What is Bidao Bidao is building a new blockchain system that is dedicated to Decentralized Finance, short DeFi. Our goal is to create a blockchain-agnostic ecosystem for Defi applications. The Bidao ecosystem uses 2 different Tokens: the governance Token BID and the stablecoin BAI. Users can also stake their BID…

Dear Bidao Warriors 👊 The team has been very busy with all the development tasks. Thanks to the testers of the BSC testnet version, we have been able to resolve lots of bugs and improve the UX. All these improvements are already included in the Polygon version. The Polygon development threw us some curveballs but the team was able to resolve all major pain points and we are confident that soon the Polygon version can go public.

Dear Bidao Warriors 👑 our developers are working hard to bring Bidao to the Polygon L2 blockchain. The progress is very rapid and soon Bidao will be running on the Polygon network. Please check out the Polygon documentation to be prepared. What can I do on Polygon ❓ The big advantage of Polygon is that the Polygon chain has very low fees. This means that interacting with smart contracts is very efficient and token swaps can be done without paying high fees. There are also Uniswap alternatives on Polygon so that swapping tokens is fast and cheap.

Dear Bidao Warriors 👑 our developers are working to bring the Bidao ecosystem to the Polygon chain. Polygon is already a official partner of Bidao and we are happy to bring Bidao to their chain. The Polygon chain is a L2 scaling solution for the Ethereum blockchain. Polygon brings low fees and fast transactions to Ethereum. What is Polygon ❓ Depicted as “Ethereum’s internet of blockchains,” Polygon is emerging as a practical option for new projects as Ethereum 2.0 is still under development. It has gained popularity because of the great throughput and low gas expenses experienced by clients and developers in its platform. Polygon began as MATIC, a profoundly effective scalability solution created for the Ethereum network that pre-owned an adapted version of Plasma and PoS-based alt chains.