Reddit Posts
I'm looking for a properly audited Euro stablecoin and I found EURS by Statis, thoughts ?
Tether CTO Says US Treasury Notes Account for More Than 58% of USDT’s Reserves
Tether Releases Independent Auditor Report by BDO, Reveals another Major Cut in Commercial Paper Holdings
Tether's (USDT) $8.5 Billion Commerical Paper Holdings Validated By BDO Audit
Tether Releases Independent Auditor Report From Top 5 Accounting Firm BDO, Reinforcing its Dedication To Transparency And Revealing Another Major Cut To Commercial Paper Holdings
Tether Hires Accounting Firm BDO Italia For Stablecoin Reserves, Adds Monthly Reports
Stablecoin Tether hires BDO Italia for monthly proof-of-reserve reports.
Tether begins working with accounting firm BDO Italia and will focus on releasing monthly reports on stablecoin backing
Tether partners with top 5 accounting firm BDO for reserve attestations
For whoever wants to avoid USD stable coins or be long EUR/USD
Hacked BDO accounts are used to buy Bitcoin via UnionBank
Mentions
BDO is the company that does their attestation and is the 5th largest auditing firm in the world, and they are obviously paid for their work How does that make them a party of interest and their attestation not reliable?
Well, their auditor Armanino also worked on FTX, and stopped all crypto related procesures. So.. it’s not a good look on *anyone* right now. Literally only Deloitte, BDO and Grant Thornton left for now. That is, Coinbase Tether and Circle (USDC).
I remember them saying they were fully backed and then everyone got their knickers in a twist about cash equivalents, not understanding what that meant. But I don’t recall them stating they were backed 1:1 USD. Maybe they did but I don’t recall that. But they have received assurance opinions from BDO. I am not backing or knocking Tether, just calling out misinformation, of which there is plenty.
What about their attestation from BDO, the fifth largest accounting firm. I guess you just ignored that.
Your ‘analysis’ of USDT appears disingenuous. It’s being going longer than most, does provide assurance opinions (that you conveniently ignore) from BDO Italia (BDO being the 5th largest accounting firm/network globally). I don’t really care about Tether one way or the other but your post appears disingenuous.
attestations are meaningless. Scam Bankrupt Fraud attested the money was all there and one of the big auditors attested to it without doing a proper audit. So let me ask this. Is BDO attesting they did an audit and the audit is correct or they are willing to be held negligible for client funds/fraud? Because that’s what I mean by Audit. Case in point is true company Arthur Andersen who signed off on enron no longer exists because they signed off and got sued into oblivion.
They do now have an outside accounting firm, BDO doing their attestations
I never said they were the same thing? The reasoning behind keeping them opaque is very similar in these scenarios. I’m not defending any stablecoin issuer, every single on does this. Why is all the heat on Tether? Their is obvious strategical reasoning for keeping your reserve opaque for these issuers. It is the same reasoning that leads firms to be private with their loan collateral. BDO attested Tethers reserves in November. If you cannot see the operational risk in posting your available liquidity and exact reserve makeup I don’t know what to tell you. Its simple to process. These issuers have reasons to do it outside of “they’re all insolvent and creating money out of thin air”
BDO did do that for Tether as recent as Nov 10, 22.
The NY AG investigated Tether and [found Tether loaned $850m to Bitfinex](https://ag.ny.gov/press-release/2019/attorney-general-james-announces-court-order-against-crypto-currency-company) when Bitfinex got screwed by their scam 'bank,' meaning Tether was not fully backed for a significant period of time. If there had been a run on Tether during this time, it would have resulted in Tether and Bitfinex's insolvency. There was no run though because the lack of backing was not public information, and most users never use Tether's redemption facility, meaning Tether was able to process redemptions by institutional clients as if they were operating in the normal course of business. The investigation is still ongoing but has [shifted from looking at Tether's backing to focusing on whether the founders misled banks](https://www.bloomberg.com/news/articles/2022-10-31/tether-bank-fraud-probe-gets-fresh-look-by-justice-department) when they were trying to get banked. We can infer from the investigators shifting focus that they are satisfied Tether is now sufficiently backed. Further, according to Tether's [monthly statements](https://tether.to/en/transparency/#reports), attested to (but not audited) by [BDO Italia](https://www.bdo.com), Tether has significantly divested from commercial paper, buying more Treasuries instead. All that being said, there are clear red flags: \- Tether is owned by the same people who own Bitfinex. Management have shown they are willing to sacrifice Tether's reserves to prop-up their exchange. They could do the same thing again, for example, if Bitfinex gets hacked again. \- Tether's [former banker claimed](https://www.bloomberg.com/news/features/2021-10-07/crypto-mystery-where-s-the-69-billion-backing-the-stablecoin-tether) the CIO is using customer deposits for proprietary trading: >So earlier this year I set out to solve the mystery. The money trail led from Taiwan to Puerto Rico, the French Riviera, mainland China, and the Bahamas. One of Tether’s former bankers told me that its top executive had been putting its reserves at risk by investing them to earn potentially hundreds of millions of dollars of profit for himself. “It’s not a stablecoin, it’s a high-risk offshore hedge fund,” said John Betts, who ran a bank in Puerto Rico Tether used. “Even their own banking partners don’t know the extent of their holdings, or if they exist.” \- Tether is a private company, so its financial statements are not public. It is therefore not possible to assess Tether's profitability, cash flow, assets, liabilities, and general bankruptcy risk. Given management is allegedly trading client funds and was previously invested in "commercial paper," unspecified, which could be bad loans to other, perhaps related companies, there is the possibility Tether blows itself up. \- Tether's founders are under criminal investigation still. If the NY AG indicts Tether's founders for misleading banks, there is a high probability, in my estimation, that they abscond with customer deposits and disappear. Based on the foregoing, we can conclude there are good reasons traders should — at all times — minimize their risk to Tether by not holding $USDT. The risk of suffering losses from a depeg/insolvency can be limited by quickly trading in and out of Tether pairs, so that exposure to Tether is minimized to a few seconds or minutes. $USDC is strictly preferred.
A couple things here. An attestation is based on a snapshot. It may be perfectly fine if you get somebody to send you all the funds for 24 hrs. Auditor is not saying anything about anything but that at that point funds were there. I think this has actually happened in the past wi th an attestation for Bitconnect, when they received almost all funds for 24 hrs. Second, an auditor, even when conducting a regular audit ( which this is NOT) will clearly state that they can’t be responsible if they were misled via fraudulent practices. They are not doing a forensic analysis. Finally, and not a minor detail here, I don’t know much about BDO Italia and how big/reputable it is, but I know each country’s firms are all independent so not sure about it. I don’t have a bone here, but want to make sure folks understand that an attestation really doesn’t mean much.
This shit again. Look, if you are going to accuse the 5th largest auditor in the world of fraud, you better bring evidence. And this has fuck all to do with Tether itself. You are literally accusing BDO of fraud.
The bounty was posted last year, BDO posted their attestation in August. As an another view on the subject, look up the business model of Hindenburg. They are a systemic short-seller that ”exposes fraud” to make money.
That’s like .. more than a year old. I recommend you look up Tethers attestation from BDO. It’s about 5 months old, so almost a year newer than the ”bounty”.
While Armanino has made a name for itself in the space with TrustExplorer, Deloitte and EY, along with second tier BDO, absolutely play in the space of assurance on crypto. I can name the partners who oversee it, and you can see the demand for staff on their career sites.
tldr; Accounting firm BDO Italia has performed a quarterly assurance on the Consolidated Reserves of Tether Holdings Limited and its wholly-owned subsidiaries as of September 30, 2022. According to its report, Tether Group’s consolidated assets exceed its consolidated liabilities. The recent shock events in the crypto markets have left investors needing greater assurance. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
No it is an audit by BDO Italia mandated by the state of New York.
TLDR: An audit by accounting firm BDO Italia shows Tether Group’s total assets, as of September 30, 2022, amounted to US$ US$68.1 billion, up from US$66.4 billion as of June 30, 2022. According to the same report, Tether Group’s consolidated total liabilities amounted to US$67.8 billion, up from US$66.3 billion as of June 30, 2022. Worth noting is that Tether Group’s holding of Commercial Paper and Certificates of Deposit dropped from US$8.4 billion as of June 30, 2022, to US$0.05 billion as of September 30, 2022. Tether’s stock of commercial paper and certificates of deposit has been a cause for concern for some analysts.
But it's specifically from "BDO Italia". That reeks of shopping around until you find someone cooperative.
I know the headline says "audit" but even the article calls it what it is - an "attestation". From "BDO Italia". And all it's attesting to is that they don't have as much commercial paper.
It was referring to an independent auditor report by top 5 accounting firm BDO in that link.
“A 2021 legal settlement with the New York Attorney General’s Office has required Tether to issue quarterly attestations, which are now handled by newly hired accounting firm BDO Italia, to verify its holdings.” https://blockworks.co/news/tether-says-usdt-stablecoin-now-backed-by-t-bills/
BDO attested they have them. So, for the nth time, if you are accusing worlds 4th largest auditor of fraud you better bring evidence.
Check their attestation. You are now accusing BDO, the 4th largest auditor on the the world, for being fradulent.
I'm not sure if you have changed your mind or what you're arguing for. You questioned the person saying Tether is a fraud, but it seems like you're quite aware it is a fraud but that you're pointing your finger towards Circle instead of agreeing the crypto space have multiple frauds. It's quite clear USDT is getting attestations and not audits. Is the word "auditor" confusing you? In the BDO report they make it quite clear they base their report on the Tether management actually complying, it's not a independent audit. An independent audit is extremely important to enable trust in Tether. In an independent audit BDO would express their opinion about Tether's finances based on a methodical examination of their finances. Instead they're basically saying "as far as we know (based on what they showed us)Tether is legit assuming management is following the listed accounting procedures" which is a big assumption when it comes to Tether and their extremely shady background. Saying something like "How so? They are audited quite often ... you can check the reports on the website." is disregarding reality. Tether is not audited quite often, because they don't comply with the standard of an audit. Calling it "being audited" is spreading misinformation which will make people lose money when this ball of shit finally explodes.
But the people who KNOW, know BDO…
They have: https://assets.ctfassets.net/vyse88cgwfbl/2xJyKdUKicdRUWpC9buRWR/6fe2987698dbbf39b947af718d736ddb/Std_ISAE_3000R_Opinion_30-6-2022_RC134792022BD0303.pdf Their auditor is BDO.
"Lately" is just shills shilling. They started matching Circles auditing process in June 2022, using BDO as their auditor.
tldr; Tether’s CTO Paolo Ardoino revealed that U.S. Treasury bills represent more than 58% of the stablecoin issuer's reserves. The announcement follows Tether hiring the accounting firm BDO Italia and publishing its quarterly attestation, which had shown a decrease in commercial paper holdings. Commercial paper exposure is now less than $50 million. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
tldr; The Wall Street Journal claimed that Tether could be deemed “technically insolvent” if its assets fell just 0.3%. The stablecoin issuer published its latest attestation showing $67.7 billion of reported assets. The report was conducted by BDO Italia, the Italian arm of BDO Global. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
tldr; Tether has said an audit of its finances, meant to assure of its stability, could still be months off. The company has faced questions before about whether its revenues are sufficient enough. Tether recently hired auditing firm BDO Italia to help provide monthly reports on its reserves. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
tldr; Tether, the largest stablecoin by market capitalization in the world, has hired BDO Italia to audit its assets. Tether had never undergone a full attestation conducted by an accounting firm that was (widely considered) to be up to the task of handling the attestation of assets totaling over $60 billion. Better auditing and reporting will go a long way to improving the reputation and operations of the industry. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Is this what you were looking for? "Tether Releases Independent Auditor Report From Top 5 Accounting Firm BDO, Reinforcing its Dedication To Transparency And Revealing Another Major Cut To Commercial Paper Holdings"
BDO? Of course they are, they're a multibillion dollar accounting firm with offices all over the US.
BDO is a network of many firms. Only combined they are fifth-largest global. The actual firm is not even named, nor the actual things they audited.
"Top 5" lmao it's called the Big 4 and BDO aint one of them. [BDO was literally implicated in the Madoff scheme.](https://web.archive.org/web/20081218161942/http://www.time.com/time/business/article/0,8599,1867092,00.html). And this is *still* just an attestation, not an audit.
tldr; Tether has hired BDO Italia as its new accounting firm, with a brief to produce monthly attestation reports for its stablecoin UST’s reserves. Last year, Tether and its parent company Bitfinex paid a $18.5 million fine after an investigation by the New York Attorney General found that Tether's promise that it was fully backed by U.S. dollars was “a lie” *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
just this particular BDO branch though, BDO international is a network of firms, similar to all top accounting firms.
tldr; Tether, the world's largest stablecoin, has appointed Italian accounting firm BDO Italia to vouch for its asset reserves. Stablecoins are a type of cryptocurrency designed to keep constant value, such as a 1:1 US dollar peg. They are widely used to move funds between different cryptocurrencies or into regular cash. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
"BDO Italia is an audit and assurance company based in Italy." So this means that they will actually be properly audited by a reputable external company? That is great news! Should take away all doubts. I was getting pretty tired of all this black swan Tether FUD. Please have enough reservers available.
"BDO Italia is an audit and assurance company based in Italy." So this means that they will actually be *properly* audited by a reputable external company? That is great news! Should take away all doubts. I was getting pretty tired of all this black swan Tether FUD. Please have enough reservers available.
tldr; Tether has partnered with BDO Italia to issue attestation reports of its reserves. It also aims to go through "a complete audit." *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
BDO. That was brutal. And goose, fuck you goose.
I just wanted to share this..as it may help..when i was starting to research about Bitcoins..there was this app suggesting me to connect my debit cards to Bitcoin of which as naively/smart aleck as i was back then i tried linking it with an old emerald gift card from BDO...and daNg i was shocked amazed and kind of scared..as there were Billions upon Billions worth with in my account..But then again..i had no one to speak this kind of situations...and i never used that card in anyway..so i was ready to give em back if by computer glitch is what had happened..but i was never entertained by the Bank which i did try to communicate to...And when i tried to signing in again i was already blocked...Til i saw Kris Aquino which happens to be an endorser of the Bank,and had the same Card...somehow i knew what was happenning..then again whO was i to be even ask of such things..lol..
/u/BDO-Ninja, to prevent spam, your SatoshiStreetBets submission has been removed due to your **comment** karma being less than 200. Please remember **comment** karma is different than your total combined karma. You can learn more about the [different types of karma here](https://reddit.zendesk.com/hc/en-us/articles/204511829-What-is-karma-) You can build up comment karma by making quality comments across Reddit. If you have a questions, please feel free to send the SSB moderators a (nice) modmail. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/SatoshiStreetBets) if you have any questions or concerns.*
According to BDO.ca, Trudeau’s largest (during the pandemic lockdown) is $39.4 billion. Harper’s (2009 - financial crisis) $55 billion.
Respectfully, you’re wrong OP. Many games and MMOs are about min/maxing profits/resources already. New World, BDO, etc. I still had a blast playing them. It all just comes down to gameplay quality that determines if a game is worth playing and fun.
Where was crypto 10 years ago? I’d come across that word every now and then back when I was on /b/, but it was only 2016 that I understood it’s digital currency. Still didn’t know how the fuck it was supposed to work. The first crypto game only came out in 2017. Since then there have only really been clones which is pretty typical. And yes, most of them are absolute garbage to maximize their own profits. Give it 5-10 years to see more widespread use. Maybe we’ll see it implemented on console games, earning ETH for fishing or killing mobs in BDO. It’s all speculation right now but the possibilities are endless. The big companies just have to figure it out
BDO or Banco De Oro is a prominent bank in the Philippines and was just recently hacked
Maybe a silly question, but what do you mean by BDO?
Then they get "hacked" like BDO LMAO But still, banking support further enhances the credibility and viability of crypto. It's the step in the right direction
I heard UB is getting a lot of flak now from crypto people? Since their issue with the BDO hacking.
BDO is a bank name in the Philippines.
tldr; A number of BDO accounts in the Philippines have been hacked by cybercriminals, stealing from P25,000 thousand to P50,000 pesos per account. The accounts to which the scammed money is transferred are all UnionBank accounts. Victims claim they never received any OTP that someone has logged into their account. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
The cash from BDO is transferred to the scammer as alleged by the victims to one Mark D.
Except for BDO, banks are not hostile to crypto. Like banks in the UK, they do not want to interact with unregistered crypto exchanges. Technically, there are only two registered exchanges in the Philippines - the PDAX and Coinsph. There is no problem interacting with them. The Philippine Central Bank was actually among the first banks to issue rules on crypto. But if follows the rules proposed by the FATF. In fact it has a circular that makes FATF crypto policy automatically a rule so it doesn’t update. Most banks don’t offer crypto services but Unionbank is forward thinking. It even has crypto custodial services.
Oh absolutely, D3 auction house DID make the game worse imo, but arguably WoW/BDO/Every mmo where you can buy gold, has the exact same system rn and people play the hell out of those games. Not saying its right or wrong or fun/not fun, just saying I'd imagine those people would prefer to be able to take their money straight out of the game rather then sketchy 3rd party gold -> fiat dealers.
The verdict is in: Dr. Craig Wright was the sole force behind the Satoshi Nakamoto partnership. Dave Kleiman was not a partner, and his estate is entitled to none of the multi-billion-dollar Satoshi fortune. The Kleiman v Wright jury today returned in favor of Dr. Craig Wright on all but one of the seven counts against him—conversion. The jury found for the plaintiff on that count, but only to the extent that it applies to W&K Info Defense Research LLC, the company which Ira was purporting to use to sue Dr. Wright. This means that though the jury found that Dave Kleiman played no role in the Satoshi Nakamoto project, Dr. Wright had wrongfully exercised control over the property of W&K. For this, they awarded $100 million to W&K—and not the estate of Dave Kleiman. CG Home » Business » Bitcoin creator Craig Wright 100% Satoshi Nakamoto, says Kleiman v Wright jury Bitcoin creator Craig Wright 100% Satoshi Nakamoto, says Kleiman v Wright jury BUSINESS 54 MINUTES AGO Jordan Atkins The verdict is in: Dr. Craig Wright was the sole force behind the Satoshi Nakamoto partnership. Dave Kleiman was not a partner, and his estate is entitled to none of the multi-billion-dollar Satoshi fortune. The Kleiman v Wright jury today returned in favor of Dr. Craig Wright on all but one of the seven counts against him—conversion. The jury found for the plaintiff on that count, but only to the extent that it applies to W&K Info Defense Research LLC, the company which Ira was purporting to use to sue Dr. Wright. This means that though the jury found that Dave Kleiman played no role in the Satoshi Nakamoto project, Dr. Wright had wrongfully exercised control over the property of W&K. For this, they awarded $100 million to W&K—and not the estate of Dave Kleiman. However, it’s not even entirely clear who owns W&K or if Ira Kleiman was even entitled to sue Dr. Wright on behalf of it. This is likely to be highly problematic for Ira Kleiman, who no doubt was hoping for a payday from Satoshi Nakamoto. Instead, he’ll have to explain to another court how he purported to sue Dr. Wright on behalf of W&K in the first place, considering it appears to be owned and controlled by none other than Lynn Wright, Wright’s estranged ex-wife. The verdict comes after an arduous deliberation which initially saw the jury come back to Judge Beth Bloom and say they were unable to agree on any of the questions they had been asked to decide. Bloom issued an Allen charge, urging them to take another run at coming to an agreement. The suit had been brought by Ira Kleiman, brother of late cybersecurity practitioner Dave Kleiman, and concerned the invention of Bitcoin. According to Ira, not only did Dr. Wright invent Bitcoin under the Satoshi Nakamoto pseudonym, he did so in partnership with Dave. Therefore, according to Ira, his brother was entitled to a share of the assets of the partnership: namely 1.1 million Bitcoin and a loosely defined bundle of intellectual property together worth tens if not hundreds of billions of dollars. Dr. Wright had never denied that Dave Kleiman played a role in the invention of Bitcoin. He told the jury during his emotional time on the stand that he considered Dave vital to the project, but that he hadn’t contributed to its creation beyond moral support and cleaning up some of Satoshi’s early writings, such as the white paper. Ira, on the other hand, says the two were business partners, with Dave Kleiman being entitled to potentially half of the Satoshi Nakamoto fortune. For weeks, the jury was confronted with thousands of pages of exhibits and hours of testimony. There was a swell of evidence which placed Dr. Wright squarely at the heart of Bitcoin’s creation back in 2008—testimony from RAAF Wing Commander Don Lynam that Wright gave him a draft copy of the Bitcoin whitepaper before it was released and that he ran one of Bitcoin’s earliest nodes at Wright’s instruction, early forms of the project he had developed in his employment at BDO years before Bitcoin was released and emails showing Dr. Wright dealing in vast amounts of Bitcoin in the time since 2009. On the other hand, there was very little evidence that Dave Kleiman was involved in Bitcoin’s creation. In fact, there’s scant evidence that Dave ever held any Bitcoin at all. For example, medical testimony showed that Dave was too ill to have contributed to Bitcoin, and despite dying in poverty, there is no evidence that Dave tried to use his allegedly vast Bitcoin wealth in the months before his death. His friends all testified that they never heard Dave speak about Bitcoin while he was alive. For the jury in Miami, the evidence pointed only one way: no partnership. In essence, the verdict amounts to a finding that Satoshi Nakamoto was the product of one man: Dr. Craig Wright. The jury was apparently unconvinced by the plaintiff’s argument that Wright had chosen to steal Dave’s share of the partnership after his death and forged backdated contracts to make the transfers appear consensual. The documents supposedly came from the Australian Taxation Office’s (ATO) investigation into several of Wright’s companies, though their origin is dubious and none are concerned directly with Dave Kleiman’s alleged involvement in Bitcoin. Among all of the loosely relevant documents and instances which the Ira’s lawyers said prove Dr. Wright is a liar, the strategy for the plaintiffs seemed to be to turn the trial into a referendum on Wright’s credibility. The forgery issue backfired on the plaintiffs spectacularly in the closing days of trial, where it was revealed that a key piece of evidence in the plaintiff’s case—an email where Wright apparently invites Dave Kleiman to work on him with Bitcoin back in early 2008—was likely forged by someone other than Wright. The email was the only evidence Dave Kleiman had ever heard of Bitcoin before it was released via the white paper in 2009. They apparently bought that Dr. Wright had wrongfully taken control of the assets of W&K but not Dave Kleiman—had the jury felt that Dr. Wright had wronged his dead best friend, there were multiple counts on which they could have found against Dr. Wright, including breach of partnership and conversion against the Dave Kleiman estate personally. Where this leaves Dr. Wright is an open question. No doubt, the ownership of W&K will need to be resolved, and who knows whether Ira Kleiman has the physical or financial stamina to argue in court that W&K actually belongs to him. Beyond that, the Kleiman v Wright suit is just one of a number of legal actions the apparent Bitcoin creator is involved in. Indeed, the victory over Kleiman is the latest in what is becoming a formidable win streak for Dr. Wright. In the last 12 months, Wright has secured judgments against Hodlonaut and Peter McCormack over defamatory posts they had made calling Wright a fraud, and successfully enforced his copyright in the Bitcoin whitepaper against BTC developer Cøbra. This is to say nothing of the pending and impending litigation waiting in the wings. ~Coingeek
bEarn finance will merge tokens into 1 Meaning $BDO will be at $1 $BDO is a DeFi stablecoin like TERRA USD. Check on CM for more details
BDO failed pegged now at $0.20 and it's still on pancakeswap
Yes like BDollar project... Not able to maintain 1$ and blocking people from telegram group when talking about the BDO price. Just another group of scammer! I learned and now stay away from new projects.
Maybe a glib answer but: > It's not flashy enough. Case in point: 1. Not promising to be the next [x] 2. Not promising to be worth [x] in [y] years 3. Not bragging about being better than [other network] 4. Maybe a result of all of the above but: most people don't even know they are advertising. I will conclude with an ad I saw many years ago, for a company called BDO. The (very short) ad features two professionals talking in (what was at the time, to me) pure business jargon--not made-up, mind you--and ends with one of them saying to the other, "...and so we called BDO." The ad ends with a narrator voice-over: > People who _know_, know BDO. It took me a few more years to find out what they did. But it was a valuable lesson for me.
BDO has started to offer independent audit services https://www.crowdfundinsider.com/2019/06/148299-bdo-australia-offers-audit-services-to-blockchain-sector-in-a-move-that-may-attract-more-institutional-investors/
Boys and girls, I need help. I've been using Beefy for quite some time, and I see that the pool with BDO - BUSD LPs has a huge APY. Now, there has to be a catch since both of them are stablecoins. I see it's using Pancake, yet I can't find the same farm on PancakeSwap, so I guess it's closed and Beefy is just not up to date? Or am I missing something?
BDO/BNB, BDO/BUSD have been great so far. What about you?
If you're doing DeFi with a small amount use projects on BSC like Venus, BDO, etc. The fees are tiny Here's a list: https://www.defistation.io/ You can also find other DeFi projects on another chains besides BSC and ETH
BDO is an algorithmic stablecoin. Its price fluctates but its always trying to get to $1 thru various measures like expansion rate and bonds. bDollar and bEarn are really good yield farms If you buy & stake sDBO you can get ~40 BDO a day by staking sDBO. Then you can stake your DBO to get BFI, or use any of the other vaults to farm various coins
Here we go BDO! The first stablecoin to PUMP
Why is BDO worth $1.31? Isn't it supposted to be a stablecoin?