coin icon

BakeryToken Price

(BAKE)

AUD(A$)

Note: This cryptocurrency has not yet been officially listed on KuCoin.

--

BakeryToken (BAKE) Live Price Chart

    How do you feel about BAKE today?

    Note: This data is for reference only.
    pk

    BAKE(BAKE) Profile

    altRank2624
    rate--
    Expand
    --
    --
    ATH
    A$11.99
    Price Change (1h)
    --
    Price Change (24h)
    --
    Price Change (7d)
    --
    Market Cap
    24h Volume
    --
    Circulating Supply
    289,770,065
    Max Supply
    277,237,400

    About BakeryToken

    • What Is BakeryToken (BAKE) Crypto?

      BakerySwap, a Uniswap clone running on the Binance Smart Chain (BSC), offers AMM services (orderbook-less Automated Market Maker) and NFT trading. With lower fees and faster confirmation times compared to the Ethereum blockchain, BakerySwap has gained popularity.

      It is one of the first projects to leverage BSC for its AMM DEX platform. Additionally, BakerySwap is one of the few DeFi projects on the BNB Chain that offers altcoin liquidity pools.

      BakerySwap is a fork of SushiSwap and PancakeSwap, and its tokenomics are similar to those of these platforms, heavily incentivizing liquidity providers to attract users to the platform. The platform charges a 0.3% liquidity fee per transaction, which is paid to the liquidity provider as a protocol incentive. These fees are subject to change by community governance.

      BakeryToken (BAKE) is the native token of the BakerySwap DEX, and is used for trading fees and other services on the platform, and can be obtained as a reward for staking in BEP-20 liquidity pools or purchasing it. BAKE holders can participate in platform governance by voting on proposals for upgrades and changes, as well as earn rewards for providing liquidity to the platform.

    • How Does BakeryToken Work?

      BakeryToken (BAKE) runs on the Binance Smart Chain (BSC) - now BNB Chain, which is an Ethereum fork with a Proof of Stake Authority (PoSA) consensus mechanism and the ability to integrate with the Ethereum Virtual Machine (EVM).

      BakerySwap is a Uniswap clone running on the Binance Smart Chain (BSC) that offers AMM services and NFT trading. Instead of order books, liquidity pools are used to perform swaps.

      Similar to Uniswap, participants receive Liquidity Pool (LP) tokens, which they can redeem for the assets and fees provided during liquidation, according to their share in the pool. BakerySwap also offers features such as staking liquidity and earning new tokens, as well as combined NFTs.

      For each activity on the BakerySwap platform, a fee of 0.30% is charged. Of this fee, 0.25% goes to the liquidity providers, and the remaining 0.05% is used to buy back BakeryToken (BAKE) from the market and distribute it to BAKE holders. This model provides an incentive for users to use BakerySwap and provide liquidity.

    • History of BakerySwap and BAKE Token

      The history of BAKE begins with the launch of BakerySwap in 2020. BakerySwap is a decentralized trading platform that runs on the BNB Chain and allows users to trade cryptocurrencies, provide liquidity, and earn returns through staking and farming. BakerySwap was introduced in September 2020 and quickly gained popularity as one of the leading DEXs on the BSC.

      In 2021, BakerySwap's native token, BakeryToken (BAKE), was introduced. BAKE serves as a governance token, allowing holders to vote on changes and improvements to the BakerySwap platform. BAKE can also be used to participate in liquidity pools, provide liquidity, and earn rewards in the form of BAKE and other cryptocurrencies.

      Since its launch, BAKE has become a significant cryptocurrency in the Binance Smart Chain ecosystem and has been embraced by users and investors as an integral part of BakerySwap and other DeFi projects on the BSC. The history of BAKE is closely tied to the development of BakerySwap and reflects the growing popularity and acceptance of decentralized financial services (DeFi) on the Binance Smart Chain.

      BakerySwap, founded in 2020, is a relatively new project that emerged as a fork of Uniswap, similar to SushiSwap. The project was developed by a team of anonymous developers who believe in the potential of the decentralized autonomous organization (DAO) model.

      The founders of BakerySwap have chosen to remain anonymous, and the team is also known for its stance against Initial Coin Offerings (ICOs), token pre-sales, and token allocations for the development team. As a result, the team holds no stake in the existing total supply of BAKE.

      Instead, the team receives 1% of all BAKE tokens that are farmed as part of the farming function. This means that for every 100 farmed BAKE tokens, the development team receives 1 BAKE token as a reward. This unique approach to team incentives sets BakerySwap apart from other crypto providers and reflects the team's commitment to fair distribution and a decentralized governance model.

    FAQ

    How to Use BakeryToken (BAKE)

    BakeryToken (BAKE), a BEP-20 token that runs on the BNB Chain, is the native token of BakerySwap. $BAKE is used for various purposes on the BakerySwap platform and offers users various features and benefits.

    Governance

    BAKE holders have the right to participate in BakerySwap's governance and vote on decisions such as fees, token listings, and improvement proposals. This allows users to actively participate in the development and direction of BakerySwap.

    Staking

    BAKE holders can stake their tokens in various staking pools on BakerySwap to earn additional rewards. These rewards can be paid out in the form of BakerySwap tokens or other cryptocurrencies, providing users with a way to earn additional returns on their tokens.

    Providing Liquidity

    BAKE can be used in liquidity pools on BakerySwap to provide liquidity and act as a market maker. As liquidity providers, users earn fees from swaps and receive LP tokens, which they can redeem for the assets and fees provided during liquidation.

    Incentives

    BakerySwap regularly distributes BAKE tokens as rewards to users who participate in certain actions, such as setting up liquidity pools, trading NFTs, or participating in airdrops. These rewards provide an incentive for users to actively interact on the BakerySwap platform and benefit from the advantages of the ecosystem.

    Crypto Asset to Trade and HODL

    Trade BakeryToken against other digital assets to capitalize on fluctuating market conditions. You can buy or sell BAKE in exchange for other cryptocurrencies or hold it long-term if you have confidence in the future potential of BakerySwap DEX.


    It is important to note that investing in cryptocurrency, including BAKE coins on BakerySwap, carries a level of risk and individuals should thoroughly research and understand the market and platform before making any investment decisions.

    How to Access BakerySwap Using MetaMask

    It's easy to access BakerySwap using Web3 wallets like MetaMask. Simply click on the MetaMask button and open the dialog box. By default, the Ethereum Mainnet will be displayed, but you can switch to the Binance Smart Chain (BSC) to use BakerySwap.

    Can I Store BAKE on a Hardware Wallet?

    Yes, BAKE can be stored on a hardware wallet that supports the Binance Smart Chain (BSC). It is important to follow the specific instructions of the hardware wallet providers to securely store BAKE.

    Is There a Maximum Supply of BAKE?

    Yes, according to the BakerySwap whitepaper, the maximum supply of BAKE is 116,000,000 BAKE tokens.

    How to Sell NFT on BakerySwap

    Here’s how you can sell NFTs on BakerySwap:

    1. Go to the NFT Supermarket interface on BakerySwap's dApp.

    2. Select V2 Market.

    3. Select NFT Supermarket and click "Mint Artworks."

    4. Fill in the relevant information and list your NFT artwork.

    5. Check the bids of each buyer in the artwork and choose the price you think matches to sell.

    How to Stake BAKE on BakerySwap

    Follow the steps given below to stake $BAKE tokens on BakerySwap and generate passive income:

    1. Go to the BakerySwap dApp and connect your wallet. Fund your wallet with sufficient tokens by buying BAKE on KuCoin or other supported platforms and withdrawing your tokens to your wallet.

    2. Click "Earning" on the top menu and select "Earn Bake”.

    3. Choose the pool you want to stake your BAKE tokens in, for example, "Doughnut”.

    4. Click "Approve BAKE BNB BLP" and approve the transaction on MetaMask and pay the fee

    5. Press the "Add" button. A dialog will appear press "max" and confirm.

    You can also stake your LP tokens by going to the pool's interface and clicking "Stake". Once you have staked your tokens, you can monitor your rewards and claim them at any time.

    What is the all-time high price of BakeryToken (BAKE)?

    The all-time high price of BakeryToken (BAKE) is A$11.99. The current price of BAKE is down -- from its all-time high.

    How much BakeryToken (BAKE) is there in circulation?

    As of 8 12, 2026, there is currently 289,770,065 BAKE in circulation. BAKE has a maximum supply of 277,237,400.

    How do I store BakeryToken (BAKE)?

    You can store your BakeryToken in the custodial wallet of a cryptocurrency exchange without having to worry about managing your private keys. Other ways to store your BAKE include using a self-custody wallet (on a web browser, mobile device, or desktop), a hardware wallet, a third-party crypto custody service, or a paper wallet.