Is BAKE owned by Binance?

BakerySwap is a DeFi protocol built on the Binance Smart Chain that offers tasty rewards . It works as a decentralized exchange (DEX) that adopts the automated market maker (AMM) model.

Binance will list BakeryToken (BAKE) and Burger Swap (BURGER) in the Innovation Zone and we will open trading for BAKE/BNB and BURGER/BNB trading pairs at 2020/09/24 11:00 AM (UTC).

On the “Earn BAKE” page, you can stake your BLP Tokens to get BAKE. Approve the staking of BLP Tokens first. Click on the “+” button, stake your BLP Tokens and confirm . Later, you can harvest your BAKE.