BakerDAO is an upgraded version of MakerDAO running on the Binance Smart Chain (BSC). It‘s a multi-collateral lending stable currency protocol that allows users to generate decentralized stable currency BAI by over-collateralizing assets such as BNB, BUSD, ETH, and BTC. BAI is a decentralized, unbiased, collateral-backed Stable Coin that is anchored to the U.S. dollar. BKR is BakerDAO's decentralized governance token.