Hello, I have several questions,
- Why is BAY not on CoinmarketCap / Coingecko anymore?
- Your website / social networking channels has not been updated for several years / months, roadmap, devs, objective ... Is the project still alive?
- How to buy or sell BAY native?
- How much total supply to this date (¿same like
https://bay.tokenview.com/)?- What position do you take regarding the BAYs that will be returned from the Cryptopia hack in the coming months?
Well first of all BAY was on 7 exchanges and many of them disappeared. Then we finished the demo peg website dynamicpeg to show exchanges how to integrate our dynamic supply control and then after months of negotiations Bittrex backstabbed us and delisted us because they either feared/censored the awesome peg tech or they were just too lazy to do any work to update for it. It was one of the first times they ever took a coin off international and that costed us their partners Upbit as well. What made matters worse is they didn't even give us a warning so we could plan to have a new exchange in their place. So then we tried to list on 4 exchanges and had our listing fee stolen 3 times costing us many bitcoins(I kept trying to force exchanges to use escrow but they kept refusing causing big arguments so we had to take some gambles) and then the 4th time Latoken took the deal and did integrate the peg and for a while we had volume building and were on Coingecko and sometimes CMC but then Latoken kept having "bugs" and pausing our trading. They refused to let us audit which was totally killing our volume and now none of our users want to use Latoken anymore because they have spent over a year screwing with us by not allowing an audit and constant outages.
BAY is around 60 cents for liquid and 1 cent for reserve more or less depending on who you ask. Remember the peg was implemented so the users may have either liquid or reserve coins depending on their liquidity/shards.
The roadmap was updated recently, it's just most users talk nowadays on Telegram and Discord so community is still very active. I usually am on Telegram, used to be on Slack but everyone moved over to Telegram.
https://bitbay.market/roadmap/index.htmlThats the roadmap, it's still active. BitBay is now making a bridge so it can add itself to all of the DEXes. This will give BAY access to ETH, Binance Chain, Avalanche, Matic, and other networks that have DEXes. The bridge will let users move coins on and off those networks. It's complex because BAY having the dynamic peg would be 10-20x more expensive in gas fees to run on ETH than a normal coin however because there are cheaper networks like Binance and things like ZKSYNC coming we feel the timing is right to make a bridge.
The supply on Tokenview is correct however consider the supply for liquid coins is based on supply index and BAY is something like 99.9% deflated so most of those coins are in "reserve". There is advantages to owning reserve though because it has the possibility of becoming liquid if supply increases (sort of like a decentralized bank)
As for Cryptopia, I have no clue what they are doing. As far as we knew they stole their users funds like so many other scumbag exchanges. Of course central exchanges are absolutely not the responsibility of BitBay which is a decentralized currency. If the exchange for whatever reason lets any effected users file a claim they have to take that up with the exchange.
This is precisely why we are making the bridge to get BAY on the DEXes. By the way, BAY is on Coingecko but because Latoken kept interfering with our momentum they probably don't list the page in search anymore. I'm in contact with them though and when BAY is only like 3 or so DEXes we can just tell them to refresh the listing.