BakerySwap Description
BakerySwap stands out as the first AMM+NFT exchange on the Binance Smart Chain. By launching your project with BakerySwap, you gain access to a decentralized trading platform that operates on the automatic market maker (AMM) model. Notably, the platform has been witnessing significant growth within the DeFi ecosystem. In collaboration with Ankr Staking, BakerySwap is introducing new farming pools, such as aETH-BETH and aETH-ETH, utilizing aETH, a synthetic derivative asset. This innovative approach allows aETH holders to reap benefits by becoming liquidity providers. Additionally, the farming pool will feature rewards in $Ankr, $OnX, and extra $BAKE. aETH, which acts as a synthetic bond-like asset, is available to all ETH stakers and can be traded right away, consolidating the value of the staked ETH along with its future staking rewards. Initially, aETH is allocated at a 1:1 ratio to the amount of ETH that is staked, ensuring a straightforward and equitable distribution process. As BakerySwap continues to expand its offerings, it solidifies its position as a key player in the evolving decentralized finance landscape.
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BakerySwap Features and Options
BakerySwap User Reviews
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Likelihood to Recommend to Others1 2 3 4 5 6 7 8 9 10
Always innovating in yield farming, NFT Date: Dec 14 2021
Summary: Nice swap dapp.
Big potential growth in projects.
Price gain can be huge, because of the limited supply.
Smaller community than PancakeSwap.Positive: Diverse projects.
Small circulating supply. Did 1000x in January 2021.
Linked to BNB. Tokens can be burned if necessary.
Lot of new promising projects.
Keen on NFTs.
Promising in NFT in metaverse.
New ideas about using NFT for experiences.
Online support.Negative: Smaller than PancakeSwap.
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Gains are bigger, but bears go lower than PancakeSwap.
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