BAKE
BakerySwap
$0.00000000AUD
Market Cap
118.0M AUD
24hr Trade Vol.
21.4M AUD
Total Supply
288.7M AUD
Crypto CurrenciesBakerySwap
BakerySwap (BAKE)
24h
-0.00%
7d
+0.00%
1m
+0.00%
What is Bakery Token (BAKE)?
Bakery Token (BAKE) is a token in the BakerySwap ecosystem. It is given as a reward to liquidity providers who can then use the token to vote in the platform’s governance process and earn a percentage of BakerySwap’s trading fees.
BakerySwap is a decentralised automated market-making (AMM) protocol on the Binance Smart Chain. It provides liquidity pools for altcoins such as LINK and DOT to facilitate functions like lending and decentralised trading. In addition, some designated pools offer rewards in the form of BAKE tokens. The more value the liquidity pool provides to the BAKE holding community, the more rewards are distributed to the pool.
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