Giá BakeryToken (BAKE)

The native BEP-20 governance cryptocurrency of the BakerySwap platform, BakeryToken (BAKE), powers and is used to run all activities performed on the BakerySwap platform. BakerySwap is an open-source decentralized Automated Market-Making (AMM) protocol that is built on the Binance Smart Chain (BSC).

Users can earn BakeryToken (BAKE) by providing liquidity on BakerySwap. Holders of the BAKE token can contribute to and vote changes in the BakerySwap Decentralized Autonomous Organization (DAO), and earn a share of BakerySwap’s trading fees. BAKE token holders can receive transaction tax dividends. Tasers are also rewarded with BakeryToken (BAKE) and the rewards are offered in a few liquidity pools including ETH, BAKE versus BNB, LINK, BTC, BUSD, and DOT.

When was BakeryToken Launched?

As a vital part of the BakerySwap ecosystem, BakeryToken (BAKE) was launched in September 2020 by an anonymous group of developers. The BakerySwap team believes in the future of DAOs and decided to create a DAO-supported cryptocurrency.