> For the complete documentation index, see [llms.txt](https://docs.baos.fun/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.baos.fun/baonomics/why-is-usdbao-trading-on-solana.md). # Why is $BAO trading on Solana? ## **Origins:** *The daos.fun Angel Round* Originally, baos.fun raised a seed fund on daos.fun. During our angel stage, we minted an initial batch of tokens(7.5%) to gather a community of early beliebers where we raised 135k at a 1.8 million FDV. We launched on daos.fun both as an homage to the daos.fun platform on Solana which inspired our model, and to raise a fully on chain seed round. {% hint style="info" %} Originally, the angel allocation was 3%, but on Feb. 5th, 2025 we decided to do more at 7.5% {% endhint %} ### 7.5% Airdrop to Holders We set aside 7.5% of the total **$BAO** supply to reward those who supported us at the earliest stages. As angels from the seed round exit their positions they're selling it back into the pool where the holders who bought $BAO on daos.fun will receive 80% of those tokens while the other angels who have held will receive 20% on top of their positions. As well, the baosdotfun team(both entity and individuals) will redistribute 100% of their allocations as well to $BAO holders on daos.fun from the 7.5% that was bought for treasury purposes on daos.fun as well as any further purchases of $BAO token that the baosdotfun team continues to make. #### Future Plans We released a short article on our plans, tl;dr it will be a burn and redeem program from Solana to Berachain. {% embed url="" %} --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter: ``` GET https://docs.baos.fun/baonomics/why-is-usdbao-trading-on-solana.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.