Baccarat (BGV) is a DeFi liquidity mining project. BGV is a newly issued DeFi dedicated token by the NGK.IO blockchain system.

Baccarat aims to provide users with a safe and reliable decentralized exchange. It operates through a decentralized intelligent protocol, and does not require any trust cost in transactions. Market merchandising provides liquidity in the reserve pool at the current proportion. Users can quickly redeem through the reserve pool. The redemption fee will be used as a reward for the liquidity provider, and the reward mechanism will attract more mobile providers to participate.

Baccarat trading will drive user transaction flexibility, while achieving locking the overall value of the reserve pool (TVL). Through liquidity trading, participants can also bring mining returns of BGV tokens, achieving a more fair and transparent token allocation mechanism, allowing all participants to analyze the price changes of BGV tokens based on the liquid reserve pool.

The only thing that determines the market price in the Baccarat system is supply and demand. There is a dynamic balance algorithm in the Baccarat contract. The ratio of the trading pair will be calculated based on the proportion pool, and the number of coins that are exchanged through the changes in proportion can be obtained, and a new round of pricing will be completed.