What is BAKE coin for?

The BAKE token is a native BEP-20 governance token on the platform. Users have the ability to earn BAKE tokens by providing liquidity on BakerySwap, and BAKE holders can use their tokens for governance voting and to receive transaction fee dividends .

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Where can I stake BAKE coin?

On BakerySwap , stakers of the BAKE token can explore bakery-themed menus. If you select Bread, you can stake BAKE to earn more BAKE. Alternatively, you can stake the corresponding BLP tokens into the pools of baked goods, such as Doughnut, Waffle, Rolls, Croissant, and so forth.

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What is BAKE coin used for?

Launched in September 2020, BakeryToken (BAKE) is a part of the BakerySwap ecosystem. Liquidity providers are rewarded with BAKE tokens which can be used to earn a share of BakerySwap’s trading fees and to participate in voting as part of BakerySwap’s governance process .

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