BakerySwap is where decentralized finance merges with NFT in the Binance smart chain. There are several blockchains in the cryptocurrency world, including Ethereum, Polkadot, Tezos, Tron, and more. Among these blockchains, Binance Smart Chain stands out for its fast and inexpensive service. The transaction cost on BSC is just a few cents. BakerySwap is one of the notable projects in the BSC ecosystem. At the heart of BakerySwap is an AMM or automated market maker protocol with exchange and income functions. Its NFT marketplace offers DEFI-based NFT solutions. BakerySwap is the first AMM on binant smart chain to offer a copycat coin liquidity mine pool with currencies such as LINK, DOT, etc. While BakerySwap offers arbitrage opportunities for BEP2 and BEP20 tokens, it also uses its native BAKE tokens to reward liquidity providers. With BAKE tokens, its holder earns a portion of the agreement's transaction fee and participates in BakerySwap voting.

NFT needs liquidity and BakerySwap's natural Defi nature, combined with the strategic investment of the world's largest exchange, will provide BakerySwap with significant flow. The value of NFT requires the injection of scarcity, and BakerySwap, already the leader of NFT, along with unique partners and artwork, will further build exclusivity and scale, bringing greater value and attention to the platform.

BakerySwap features trading and income options, including exchanges and working capital mining pools. It also owns NFT Market and Bakery Gallery, an NFT platform curated for top emerging artists. It also has a cryptocurrency publishing platform and combines gamification with DeFi. The main fixes to try are: 1. BakerySwap is the next iteration of Uniswap. It acts as an iteration of Uniswap, which is faster and cheaper. In addition, liquidity providers are rewarded in the form of BAKE tokens. 2. To ensure that communities can easily create new working capital pools, BakerySwap specifies two types of working capital pools: one with BAKE rewards and one without BAKE rewards. 3. BakerySwap is also one of the first protocols to apply binance smart chain to AMM DEX. It takes full advantage of the Binance community by offering arbitrage opportunities between BEP2 and BEP20 tokens hosted on Binance.com or Binance DEX.

BakerySwap has evolved into one of the most decentralized trading platforms on the BSC network. While most decentralized financial applications are based on the Ethereum network, BakerySwap chose the Binan Smart chain to avoid high gas bills and frequent congestion on the Ethereum network. On BSC, BakerySwap was launched as the first ever NFT-Fi platform. NFT-Fi means using non-fungible tokens financially. It provides a traditional NFT market for artists in the community to mount their artwork. The team responsible for developing the protocol is an anonymous group of developers using a fully decentralized autonomous organization. Following the PRINCIPLES of the DAO, the team has no pre-held or pre-sold tokens. They share farm BAKE tokens by a ratio of 100:1. For every 100 BAKE tokens sold, the developer gets 1 BAKE. In addition to these very low developer fees, BakerySwap also charges a transaction fee of 0.30% for its liquid mine pool. Of this 0.30%, 0.25% is for liquidity providers and the remaining 0.05% is for baking holders.

The core function of the platform is to mine BakerySwap native token BAKE. Users can pledge BAKE tokens or pair and provide liquidity to ETH-BNB, BTC-BNb, dot-bnb and BAKE-BNB tokens. Users can then mine more BAKE tokens by placing working capital pool tokens (BLPS) in mining pools called Doughnut, Waffle, Rolls or Croissant. BakerSwap supports two types of working capital pools: mine pools with BAKE rewards and mine pools without BAKE rewards. The return on investment in the liquidity pool depends on the currency, with bake-BNB trading pairs providing the best rate of return. With every BAKE mined, the team gets 1%. Indivisible tokens are an important part of the ecosystem. BAKE holders can lock in tokens to cast Bakery NFT combinations. Users have four options, from basic to advanced. The more BAKE a person puts in, the higher their NFT level. Those combinations serve as collectibles and BAKE mining tools, and since each combination has more collateral power, the user has the opportunity to earn more tokens through BAKE collateral. The mortgaging capacity assigned is always unique, based on the number of bakes invested and a random multiplier. This random multiplier can provide the highest rate of return in the base layer, but not vice versa. Over time, BakerySwap launched the NFT Supermarket, which lists Bakery Combos, digital art and other items such as Pet Eggs, Weapons and Binance NFT. The team also launched a publishing platform similar to Binance. Users can access new NFT projects on the BSC and can invest with BAKE or other tokens.

BAKE Coin is the token of BakerySwap, which is the first automated market maker (AMM) on binance Smart Chain (BSC) to offer balanced money liquidity pool (LP)(e.g. LINK, DOT, etc.). The next iteration of Uniswap is just like Uniswap, but faster and cheaper. In addition to all of the above, liquidity providers (LP) will also receive BAKE Token rewards, from which they receive a portion of BakerySwap transaction fees and can vote as part of BakerySwap governance. BakerySwap charges a fee of 0.30% on all exchanges/sales, of which 0.25% will be transferred to the liquidity provider (LP) and 0.05% will be converted into BAKE tokens to be offered to BAKE holders as an additional bonus. Liquidity providers are provided with liquidity pool tokens representing each pool share (Bakery LP) and can earn a portion of the fees charged in those pools when liquidity is eliminated. LP can then put its Bakery LP tokens into the tilling pool to earn BAKE tokens. BakerySwap also has a strong NFT supermarket, including digital art NFT: BSC Artists, SafeNFT, etc. Gamified NFT: Bakery collection, Pet Eggs, weapons, soccer, and the latest featured artist collection.

BAKE coin was issued on September 24, 2020, with an opening price of $0.1309. The maximum supply of BAKE Coin is 277,237,400, and the current supply is 277,237,400, with a circulation of 144,022,710 and a circulation rate of 51.95%. BAKE is the platform's native BEP-20 governance token. Users can earn BAKE tokens by providing liquidity to the platform. BAKE tokens can be used to govern voting and collect fee sharing. BAKE token rewards are allocated to multiple liquidity pools, initially including: BUSD, ETH, BTC, DOT, LINK, and BAKE versus BNB trading pairs. BakerySwap charges a transaction fee of 0.30%, of which 0.25% will be distributed to the liquidity provider (LPs) and the remaining 0.05% will be distributed to BAKE token holders.

BakerySwap is an automated market maker with liquidity mining on the Binance smart chain. BAKE is the platform's native BEP-20 governance token. Users can earn BAKE tokens by providing liquidity to the platform. BAKE tokens can be used to govern voting and collect fee sharing. BAKE token rewards are allocated to multiple liquidity pools, initially including: BUSD, ETH, BTC, DOT, LINK, and BAKE versus BNB trading pairs. BakerySwap charges a transaction fee of 0.30%, of which 0.25% will be distributed to the liquidity provider (LPs) and the remaining 0.05% will be distributed to BAKE token holders. In general, BakerySwap is the next iteration of the current Uniswap. Like Uniswap, but faster and cheaper. In addition to all of the above, liquidity providers will also receive BAKE token rewards, from which they receive a portion of BakerySwap transaction fees and can vote as part of BakerySwap governance.

BakerySwap charges a fee of 0.30% on all exchanges/sales, of which 0.25% will be transferred to the liquidity provider (LP) and 0.05% will be converted into BAKE tokens to be offered to BAKE holders as an additional bonus. Liquidity providers are provided with liquidity pool tokens representing each pool share (Bakery LP) and can earn a portion of the fees charged in those pools when liquidity is eliminated. LP can then put its Bakery LP tokens into the tilling pool to earn BAKE tokens.

Started as an exchange but not just an exchange. In just six months since its birth, BakerySwap has launched a large number of functions for enabling BAKE Ecology. From the official website, we can find that in addition to the basic trading functions, there are also a large number of equity pledge pools, liquidity mining pools and mining pools that pledge BAKE to obtain other tokens. Unitecoin launched ETH2.0 zone to enjoy additional BAKE ecological incentives while gaining 2.0 benefits. In the NFT market, BAKE is used as the base currency to purchase various types of art skins and props. Launchpad hatcheries are also available for new projects to help them secure financing. With so many apps enabled, BAKE has grown hundreds of times from its low point, and according to the latest AMA, BakerySwap will be working on margin trading and exploring more possibilities in NFT/DeFi integration. It can be said that building a comprehensive application moat will further BakerySwap to become a one-stop investment application platform in a decentralized world. The unlimited possibilities offered by smart contracts and the low cost advantages of BSC will also generate more unexpected innovations in this team.

BakerySwap has all the opportunities that users seek from DeFi protocols. Its working capital mining pools, decentralized exchanges offer the opportunity to earn scope using cryptocurrencies. It can help the DeFi project raise funds through its Launchpad. It invites creators from the artistic and innovative gaming community to tokenize their assets and make money on the BakerySwap marketplace. BakerySwap is in the best position to take advantage of every growth point DeFi will experience in the coming days. Since its launch, its native tokens have been reflecting their growth potential in explosive growth. In less than a year, BakerySwap has achieved tremendous growth, indicating that it is a solid, high-growth player.

BakerySwap as the largest NFT trading market, bake has great potential, and there will be a lot of hot spots in the later stage. As the market falls in association with the decline of copycat coins, we will look for some points when the market falls, and find selling points when the market rises. We will choose a good currency and wait for the main wave to rise.

Reasons for BAKE Coin skyrocketing 1. The BAKE Coin project released good news, causing the price to rise. 2. Some large digital currency investors and small makers have pulled up the price after collecting funds. 3, the hype of related concepts, caused the chasing of investors, there are more people chasing up in the rise. 4. More and more users are entering the field of cryptocurrency investment, and the rise of Bitcoin drives the general rise of the entire cryptocurrency market. 5. The financial market is in a bull market, which is a very important reason. The general trend of the bull market is upward, although there is a decline, but the wave is higher than the wave. In general, the BAKE boom seems to be the "right time, right place, right person", but the price of BAKE is volatile, there is a great risk of investment, the risk of getting caught up in the BAKE boom.

BakerySwap provides all the requirements a user is looking for in a DeFi protocol. Its decentralized exchanges and liquidity pools offer a way to use cryptocurrencies as a way to make money. It can also help raise funds for the DeFi project through its startup board. BakerySwap can take full advantage of every growth in DeFi and will experience it in the coming days. The explosive price spike since launch reflects the growth potential of BAKE tokens. In short, BakerySwap is a robust, high-growth player.