BakeryToken
BAKE
BakeryToken (BAKE) Feed: Events, News & Roadmap
BakeryToken to Participate in Hong Kong Web3 Festival 2024 in Hong Kong on April 6th
BakeryToken is set to make its first appearance at the esteemed Hong Kong Web3 Festival 2024 in Hong Kong on April 6th. The event is co-hosted with Bi…
BakeryToken to Hold AMA on X on December 15th
BakeryToken will host an AMA on X featuring Bitcoin Cats and TurtSat on December 15th at 14:00 UTC. The event will delve into the innovations in BRC20…
BakeryToken to Hold AMA on Binance Live on October 18th
BakeryToken is set to host a discussion on the future of RWAs (Real World Assets) on Binance Live on October 18th at 2 pm UTC. The discussion will fea…
BakeryToken to Hold Live Stream on Binance Live on October 11th
BakeryToken will host an AMA on Binance Live on October 11th at 2 pm UTC. The event is aimed at providing insights into the crypto market and helping …
BakeryToken to Hold AMA on Binance Live on October 4th
BakeryToken will host an AMA on Binance Live on October 4th at 2 pm UTC. The discussion will feature Magic Eden, NFTScan, and NFT Price Floor. The foc…
BakeryToken to Hold AMA on Binance Live on September 27th
BakeryToken will host an AMA on Binance Live on September 27th at 2 pm UTC. The discussion will revolve around the benefits of Base chain and the fact…
BakeryToken to Hold AMA on Binance Live on September 19th
BakeryToken will hold an AMA on Binance Live on September 19th at 2 pm UTC. The focus of this session will be on the GameFi world. Top players such as…
Partnership With Kryptomon Game
New Pool
AMA on Telegram
AMA on Telegram
Partnership With Kalata Protocol
AMA on Telegram
NFT Marketplace v.3.0
AMA on Telegram
AMA on Telegram
NFT Drop
Bondly Staking Pool
BSC Games Box
Staking on BakerySwap
BakeryToken Events on the Chart
What is BakeryToken?
BakerySwap is a decentralized automated market-making (AMM) exchange protocol built on the Binance Smart Chain (BSC). As one of the pioneering projects on BSC, it differentiates itself by offering altcoin liquidity pools, eliminating the need for traditional order books and promoting direct trades against liquidity pools.
Unlike conventional exchanges, BakerySwap doesn’t rely on order books to match buyers and sellers. Instead, it utilizes liquidity pools where assets are supplied by its users and supporters. In return for providing liquidity, users receive liquidity provider (LP) tokens proportional to their contribution. These LP tokens can subsequently be converted back to the original assets based on the user’s share of the pool, with liquidity providers earning trading fees as compensation.
Central to the BakerySwap ecosystem is the native BEP-20 governance token, BAKE. Users can earn BAKE either by staking the token itself or by providing liquidity to the platform and then staking the resultant BLP tokens. Beyond being a reward mechanism, BAKE tokens allow holders to earn a portion of the platform’s trading fees and play a pivotal role in the governance processes of BakerySwap, ensuring community participation in decision-making.