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What is BitDAO? Is BitDAO worth buying?

BitDAO is currently one of the largest DAO in the world. At present, it is mainly supported and assisted by Peter Thiel, Founders Fund, Pantera, Dragonfly, Spartan, Bybit, etc. Among them, Bybit promises to make regular contributions to BitDAO's treasury every year. According to statistics, only Bybit's contribution to BitDAO will exceed US $1 billion in 2022.

What is LOF Fund?

LOF Fund, the full English name is "Listed Open Ended Fund", that is, after the issuance of listed open-ended funds, investors can not only subscribe and redeem fund units at designated outlets, but also buy and sell the funds at the exchange.

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Introduction to liability business of commercial banks

Debt is a monetary debt that a bank is trusted to assume and will be paid by assets or capital. Deposits and derivative deposits are the main liabilities of banks, accounting for more than 80% of the source of funds. In addition, inter-bank deposits, interbank deposits, borrowed or borrowed money or issued bonds also constitute liabilities of banks.