BakerySwap is the next iteration of Uniswap, designed to be faster and cheaper. Like Uniswap, but with improved efficiency. In addition to these benefits, liquidity providers also earn BAKE token rewards, which can be used to claim a portion of BakerySwaps trading fees and participate in its governance through voting.
Project Introduction
BakerySwap is an automated market maker on the Binance Smart Chain that features liquidity mining.
The BAKE token is the native BEP-20 governance token of the platform. Users can earn BAKE tokens by providing liquidity to the platform. These BAKE tokens can be used for governance voting and claiming fee shares.
BAKE token rewards are distributed across multiple liquidity pools, initially including: BUSD, ETH, BTC, DOT, LINK, and BAKE-BNB pairs.
BakerySwap charges a 0.30% trading fee, of which 0.25% is distributed to liquidity providers (LPs), and the remaining 0.05% goes to BAKE token holders.