What is Bakerswap?

BakerySwap is an automated market maker and non-fungible token (NFT) marketplace that runs on the Binance Smart Chain . It is powered by BakeryToken (BAKE), which trades at $6.35 and has a market cap of around $1.2 billion.

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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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What is BAKE token?

BAKE token is the native BEP-20 governance token of the platform . Users can earn BAKE tokens by providing liquidity on BakerySwap. BAKE holders can use their tokens for governance voting as well as for receiving transaction fee dividends.

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