bakerytoken logo download PNG or SVG

Information about bakerytoken

BakeryToken (BAKE) is a cryptocurrency that was launched in September 2020 as part of the BakerySwap ecosystem. Within this ecosystem, individuals who provide liquidity are rewarded with BAKE tokens. These tokens serve a dual purpose: they can be used to earn a portion of BakerySwap's trading fees and they enable participation in voting for BakerySwap's governance decisions.

BakerySwap itself is a decentralized automated market-making (AMM) protocol built on the Binance Smart Chain (BSC). As a native BEP-20 governance token on the platform, BAKE allows users to earn additional tokens by providing liquidity on BakerySwap. Holders of BAKE tokens can then utilize them for voting in governance matters and also receive dividends from transaction fees.

To incentivize liquidity providers, BAKE rewards are offered across various liquidity pools. Initially, these pools include BTC, ETH, DOT, LINK, BUSD, and BAKE in relation to BNB.

For those who want to download the Bakerytoken logo, we have compiled a list of all the major cryptocurrencies in PNG and SVG format. Our collection includes logos for Bitcoin, Ethereum, Litecoin, Ripple, Dash, Monero, Zcash, and many more. All of them are available in PNG format. And if you want to show support for one of the cryptocurrencies, our collection of logos is at your disposal, including the Bakerytoken logo.