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What is BakerySwap (BAKE)?

BakerySwap is a decentralized exchange (DEX) operating on the Binance Smart Chain, utilizing an automated market maker (AMM) model. It provides a platform for token swaps and offers various ways to earn, including yield farming, staking, and an NFT marketplace. As one of the first AMMs on Binance Smart Chain, it benefits from lower fees and faster transactions compared to Ethereum. The platform's native token, BAKE, can be used across its services. BakerySwap enables users to provide liquidity to pools, earning BakerySwap liquidity pool (BLP) tokens. These BLP tokens can be staked for BAKE rewards or converted back to the original tokens. ROI varies based on the pool. BAKE can also be staked to earn NFTs, which can be traded on the platform's NFT supermarket and showcased in the Bakery Ga...

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