What is BAKE

1. Project Introduction
BakerySwap (BAKE) is a multifunctional DeFi platform based on the BNB Chain blockchain. Utilizing an Automated Market Maker (AMM) model, BakerySwap aims to be a faster, cheaper, and better version of Uniswap. The protocol supports a range of popular cryptocurrency wallets, including MetaMask, BNB Chain Wallet, Trust, and Rainbow. Liquidity providers are rewarded with BAKE tokens, allowing them to earn a portion of the trading fees on BakerySwap and participate in governance voting.
Summary: As a pioneering decentralized exchange and automated market maker on the BNB Chain, BakerySwap stands out by offering decentralized trading and liquidity mining services. The BAKE token serves as the governance token for the platform, holding significant utility and importance.
2. Team & Investment Info
BakerySwap is developed and managed by an anonymous team operating under a DAO model, where developers receive a portion of BAKE tokens to ensure that the community-centric approach aligns with DAO principles.
3. Social Media URLs
X: https://x.com/bakery_swap
Telegram: https://t.me/bakeryswap
4. Token Info
Token Symbol: BAKE
Total Supply: 289,770,512
Token Type: BEP-20
Issuance/Burn Mechanism: Fixed supply
Contract Address: 0xE02dF9e3e622DeBdD69fb838bB799E3F168902c5
Token Distribution: 100% circulated
5. Related Links
Official Website: https://www.bakeryswap.org/
GitHub: https://github.com/BakeryProject
Other Info: https://bakeryswap.medium.com/the-strategic-upgrade-of-bakeryswap-4c761f50ee88