The Bacon Ecosystem DirectoryBacon Protocol was launched in 2021 with the vision of bridging the gap between DeFi and the real estate and mortgage market. We believe in the ethos of permissionless access, transparency and decentralization, and we’re employing these DeFi-native concepts to innovate in the real estate and mortgage industry. Bacon Protocol has come a long way since our launch, so we thought it was time to do a recap and reintroduce you to the suite of products within the Bacon P...

Summary​​​Around 12:46 UTC on March 5th, 2022, a contract on the Ethereum mainnet exploited a previously unknown reentrancy in the bHOME Pan Lend method. The BaconCoin team was alerted, found the issue, and patched the contract within three hours of the initial exploit. The BaconCoin team quickly re-audited the contract and is also working with new, outside auditors to thoroughly verify the contracts. ​​​​Because most of the value of bHOME is held in the value of real-world homes and loans, o...

The BaconCoin token, BACON, is now live! After lots of input from the community over the last few months and work by the team, we’ve reached a major step along the way towards our mission. We’re all working together to make it easier for people to buy homes and get access to the same mortgages banks and governments use to preserve and grow their wealth. This is also huge step to even more decentralization for the Bacon Protocol. We’re excited to finally have the early adopters and the growing...

Pans, Eggs, and Bacon. The keys to a delicious breakfast, or the tools to decentralize the $16T US mortgage ecosystem? 🤔 The Bacon protocol is creating a decentralized mortgage lending system that will become the new industry paradigm. Bacon’s permission-less, open-source environment will allow any investor to get access to the tools that major financial institutions have utilized for decades. Anyone can be a part of this lending or borrowing – all you need is an Ethereum compatible wallet a...

At Bacon Protocol, we’re bridging the gap between DeFi and the mortgage market. We believe in the ethos of permissionless access, non-arbitrary, market-driven rates and we’re employing these DeFi-native concepts to innovate in the mortgage industry. One of these tools is our utilization of an Automated Market Maker (AMM) to decide both the interest rates borrowers will pay as well as the interest rates that bHOME holders will earn. What is an AMM? The Automated Market Maker (AMM) is a model p...

Lets break down the basics!In crypto, specifically DeFi, we’ve constantly had romanticized ideas about what the future of finance could look like. Permissionless access, open source software, decentralization, composability on and on and on. But since the advent of MakerDAO what true innovation have we seen? Copycat chains that have copycat dApps. We’ve just scratched the surface of what decentralized finance can offer to the world, and BaconCoin will be at the forefront - innovating DeFi and...

A New Era for NFT Utility and DeFi ComposabilityMove over. There's a new cook in the kitchen and he’s bringing the $BACON. One of the most powerful features of Web3 is composability. To boil a huge concept down into a brief summary, “composability” describes the innate ability of open-source blockchain technology to be permissionless-ly built on top of by other projects and developers. This unlocks unprecedented innovation, creating global network effects that have (and will continue to)...

Liquidity is the bread and butter of DeFi and we’re proud to be cooking up our new LP rewards program distributing 10,000,000 $BACON tokens to liquidity providers over 12 months. In this post we will walk you through the process of creating a liquidity position on Uniswap; You’ll learn how to deposit into the Uniswap liquidity pool in order to earn extra $BACON proportional to the percentage of your ownership stake of the pool. For example, if you own 1% of the liquidity pool, you’ll be distr...

As you may have seen lots has been cooking in the Bacon Protocol the last few weeks! The team and the community are running fast together to move the protocol forward. Today, we’re releasing a significant update to the protocol that increases security, improves usability, and reduces gas fees. We’re also announcing the completion of the recent security audit. Along with that, here are a few of the biggest news to catch up on from April:Lots of activity in the core protocol: 9 new homes. $391,...

The road to on-chain mortgages lies in bringing offline loan originators, on-chain The Bacon Protocol is changing the mortgage landscape as we know it by bringing the benefits of Web3 infrastructure to the traditional mortgage market. We are democratizing mortgages in two major ways. First, Bacon helps its users get the same safety and benefits from mortgages on US homes that traditionally have been reserved for banks and governments. Until now. Second, Bacon is creating a new, more capital e...

10,000,000 $BACON distributed to liquidity providers over 12 months. On February 2, 2022, Bacon Protocol launched our Liquidity Provider (LP) Rewards Program on Uniswap and Sushiswap. Both pools are live and currently distributing BACON rewards and fees to pool liquidity providers. Official Pool: Uniswap USDC-BACON Pool. Official Pool: Sushiswap ETH-BACON Pool. Bacon Protocol continues to innovate in the mortgage industry - offering users the opportunity to invest in mortgage income while bui...

We’ve launched liquidity incentives for Sushiswap in addition to our Liquidity Rewards Program on Uniswap. 10,000,000 $BACON tokens will be distributed to liquidity providers across Uniswap’s BACON-USDC pool and Sushiswap BACON-ETH pool over the next 12 months. In this post, we will walk you through the process of creating a liquidity position on Sushiswap. Learn how to deposit into the Sushiswap BACON-ETH pool in order to earn extra $BACON tokens proportional to your percentage ownership of ...

The Bacon Ecosystem DirectoryBacon Protocol was launched in 2021 with the vision of bridging the gap between DeFi and the real estate and mortgage market. We believe in the ethos of permissionless access, transparency and decentralization, and we’re employing these DeFi-native concepts to innovate in the real estate and mortgage industry. Bacon Protocol has come a long way since our launch, so we thought it was time to do a recap and reintroduce you to the suite of products within the Bacon P...

A New Era for NFT Utility and DeFi ComposabilityMove over. There's a new cook in the kitchen and he’s bringing the $BACON. One of the most powerful features of Web3 is composability. To boil a huge concept down into a brief summary, “composability” describes the innate ability of open-source blockchain technology to be permissionless-ly built on top of by other projects and developers. This unlocks unprecedented innovation, creating global network effects that have (and will continue to)...

As you may have seen lots has been cooking in the Bacon Protocol the last few weeks! The team and the community are running fast together to move the protocol forward. Today, we’re releasing a significant update to the protocol that increases security, improves usability, and reduces gas fees. We’re also announcing the completion of the recent security audit. Along with that, here are a few of the biggest news to catch up on from April:Lots of activity in the core protocol: 9 new homes. $391,...

At Bacon Protocol, we’re bridging the gap between DeFi and the mortgage market. We believe in the ethos of permissionless access, non-arbitrary, market-driven rates and we’re employing these DeFi-native concepts to innovate in the mortgage industry. One of these tools is our utilization of an Automated Market Maker (AMM) to decide both the interest rates borrowers will pay as well as the interest rates that bHOME holders will earn. What is an AMM? The Automated Market Maker (AMM) is a model p...

We’ve launched liquidity incentives for Sushiswap in addition to our Liquidity Rewards Program on Uniswap. 10,000,000 $BACON tokens will be distributed to liquidity providers across Uniswap’s BACON-USDC pool and Sushiswap BACON-ETH pool over the next 12 months. In this post, we will walk you through the process of creating a liquidity position on Sushiswap. Learn how to deposit into the Sushiswap BACON-ETH pool in order to earn extra $BACON tokens proportional to your percentage ownership of ...

Liquidity is the bread and butter of DeFi and we’re proud to be cooking up our new LP rewards program distributing 10,000,000 $BACON tokens to liquidity providers over 12 months. In this post we will walk you through the process of creating a liquidity position on Uniswap; You’ll learn how to deposit into the Uniswap liquidity pool in order to earn extra $BACON proportional to the percentage of your ownership stake of the pool. For example, if you own 1% of the liquidity pool, you’ll be distr...

10,000,000 $BACON distributed to liquidity providers over 12 months. On February 2, 2022, Bacon Protocol launched our Liquidity Provider (LP) Rewards Program on Uniswap and Sushiswap. Both pools are live and currently distributing BACON rewards and fees to pool liquidity providers. Official Pool: Uniswap USDC-BACON Pool. Official Pool: Sushiswap ETH-BACON Pool. Bacon Protocol continues to innovate in the mortgage industry - offering users the opportunity to invest in mortgage income while bui...

The road to on-chain mortgages lies in bringing offline loan originators, on-chain The Bacon Protocol is changing the mortgage landscape as we know it by bringing the benefits of Web3 infrastructure to the traditional mortgage market. We are democratizing mortgages in two major ways. First, Bacon helps its users get the same safety and benefits from mortgages on US homes that traditionally have been reserved for banks and governments. Until now. Second, Bacon is creating a new, more capital e...

Pans, Eggs, and Bacon. The keys to a delicious breakfast, or the tools to decentralize the $16T US mortgage ecosystem? 🤔 The Bacon protocol is creating a decentralized mortgage lending system that will become the new industry paradigm. Bacon’s permission-less, open-source environment will allow any investor to get access to the tools that major financial institutions have utilized for decades. Anyone can be a part of this lending or borrowing – all you need is an Ethereum compatible wallet a...

Summary​​​Around 12:46 UTC on March 5th, 2022, a contract on the Ethereum mainnet exploited a previously unknown reentrancy in the bHOME Pan Lend method. The BaconCoin team was alerted, found the issue, and patched the contract within three hours of the initial exploit. The BaconCoin team quickly re-audited the contract and is also working with new, outside auditors to thoroughly verify the contracts. ​​​​Because most of the value of bHOME is held in the value of real-world homes and loans, o...

Lets break down the basics!In crypto, specifically DeFi, we’ve constantly had romanticized ideas about what the future of finance could look like. Permissionless access, open source software, decentralization, composability on and on and on. But since the advent of MakerDAO what true innovation have we seen? Copycat chains that have copycat dApps. We’ve just scratched the surface of what decentralized finance can offer to the world, and BaconCoin will be at the forefront - innovating DeFi and...

The BaconCoin token, BACON, is now live! After lots of input from the community over the last few months and work by the team, we’ve reached a major step along the way towards our mission. We’re all working together to make it easier for people to buy homes and get access to the same mortgages banks and governments use to preserve and grow their wealth. This is also huge step to even more decentralization for the Bacon Protocol. We’re excited to finally have the early adopters and the growing...