by BakerySwap
Quick Fact
BakerySwap combines DeFi services with NFT offerings, enabling users to swap tokens, provide liquidity, and participate in NFT trading on the Binance Smart Chain.
BakerySwap is a decentralized exchange (DEX) and automated market-making (AMM) protocol built on the Binance Smart Chain (BSC). It offers a suite of DeFi services, including token swaps, liquidity provision, yield farming, and staking. Additionally, BakerySwap features an NFT marketplace where users can mint, buy, and sell NFTs, integrating both financial and creative aspects of the blockchain ecosystem.
Users can participate in various liquidity pools with bakery-themed names like Bread, Doughnut, Waffle, and Croissant. By providing liquidity to these pools, users earn BAKE tokens as rewards. The platform also offers staking options, allowing users to stake BAKE or BLP tokens to earn additional BAKE, enhancing their yield farming strategies.
BakerySwap's NFT marketplace enables artists and users to mint and trade NFTs. Unique to the platform are NFT Combos—special NFTs that, when held, provide staking power multipliers, increasing the holder's yield farming rewards. This fusion of DeFi and NFTs offers users a gamified and rewarding experience.