BakerySwap - the next integration of the famous Uniswap, only faster and cheaper. Liquidity providers will also get rewards with BAKE tokens, which they can earn from trading fees and use them to vote as part of BS governance.
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Description of BakerySwap
There is no pre-sale on BakerySwap, but there is a fair distribution of all BAKE tokens.
The BAKE-BNB pool will receive 10 times more rewards, compared to other pools. The platform was one of the first to use Binance Smart Chain for AMM DEX. BakerySwap has 2 types of liquidity pools:
- with awards;
- no awards.
This makes it easier for the community to create new LPs. Only designated LPs will have BAKE rewards, and among them, the reward multiplier for each will vary, typically depending on the value they provide to BAKE holders. What is the uniqueness of the project:
| 1 | BS applies a 0.30% commission to all swaps, of which 0.25% will go to liquidity providers. |
| 2 | Liquidity providers are provided with liquidity pool tokens that represent their share of each pool and can earn a portion of the fees, collected in those pools when liquidity is removed. |
LPs can stake their Bakery LP tokens to collect token rewards. They will be gradually released into liquidity pools, according to their respective remuneration multiplier. BS recently launched the NFT Bidding feature which allows NFT enthusiasts to get their favorite NFT in a fairer way.
What else should you know?
Any user can view the company's smart contract. No one can change its rules or algorithms. This gives participants unconditional confidence in the safety of their funds. Through a self-executing contract, all investors are committed to abide by the rules and definitions of the base code. You can get more detailed information about the project by examining the main page. You will also find personal data and statistics there. From social networks, the community maintains twitter and telegram. Subscribe to follow the latest news.