BIDU
EquitiesLiveTokenized Baidu Inc.
Tokenized Baidu Inc., on-chain exposure to the underlying equity.
Key facts
- On-chain symbol
- BIDU
- Underlying
- BIDU
- Asset class
- Equities
- Custody
- Held at Flo Finance
- Chains
- Base, Arbitrum, Ethereum
- Distribution treatment
- Total return, accrued to NAV
- Attestation cadence
- Daily
- Issuer
- Flo Finance
- Backing
- 1:1 backed by the real underlying
How BIDU resolves to BIDU
Each BIDU on-chain represents a 1:1 claim on the underlying Baidu Inc. held at an institutional custodian. The issuer and backing model are the same for every Flo token; only the underlying differs.
- 01
Issuance
Flo Finance issues BIDU as a tokenized Baidu Inc., 1:1 backed by the real underlying.
- 02
Custody
The underlying Baidu Inc. is held at Flo Finance, an institutional custodian.
- 03
Settlement
BIDU settles on-chain on Base, Arbitrum, Ethereum. Cross-chain transfers route through Chainlink CCIP.
- 04
Attestation
Reserves are attested daily by an independent auditor and published on the Flo transparency surface.
Mint BIDU with one SDK call
Every Flo-issued token shares the same six SDK methods. Mint, redeem, supply, withdraw, borrow, repay.
POST /v1/mint
{
"asset": "BIDU",
"notional_usdc": "1000.00",
"slippage_bps": 50,
"settlement": {
"currency": "USDC",
"chain": "base"
}
}Where BIDU lives today
Flo distributes through partners. The same BIDU on-chain is the asset every partner integrates against; partner UIs may relabel it for their own brand.
Partner integrations in build
No live partner is distributing BIDU yet. Twelve integrations are in build across exchanges, wallets, fintechs, neobanks, and asset managers. Partners are listed here only after they ship.
Audits
Four independent firms, $250K bug bounty
Sherlock, Halborn, Cantina, and Cyfrin have audited the smart contracts that issue and settle BIDU. The same contracts power every Flo-issued token; one audit covers the catalogue.
Read the audit reports →Backing
1:1 backed by the real underlying
BIDU is issued by Flo Finance and 1:1 backed by real Baidu Inc. held at institutional custodians. Reserves are attested daily and published on the Flo transparency surface.
Open the transparency page →Risks
BIDU carries the market risk of the underlying Baidu Inc., plus the structural risks common to every tokenized asset: custody concentration, smart-contract risk, and oracle dependency. Read the full risk disclosures on the Flo transparency surface before integrating or holding.