About Bakery Token (BAKE)
Bakery Token is a decentralized crypto asset tied to the Bakery Swap decentralized exchange. The Bakery Swap DEX was developed and launched in September 2020 and is based and supported on the BNB Chain. The swap was launched to offer seamless trading in an Automated Market Maker (AMM) designed infrastructure.
The Bakery Token is tied to functions within the greater Bakery Swap ecosystem. One of the main functions of the native cryptocurrency is in governance and fees on the AMM-based decentralized exchange. With functions enabled by the host BNB Chain, Bakery Token is a BEP-20 cryptocurrency known by its token ticker $BAKE. The bakery Token price is updated and available in real-time on Binance.