BakerySwap is a decentralized exchange (DEX) built on the Binance Smart Chain (BSC) that allows users to trade various cryptocurrencies and tokens in a decentralized and secure manner. It offers a range of features, such as liquidity pools, yield farming, and staking, that incentivize network participation and contribution. The platform is named after its native token, BAKE, which is used to enable various features and services within the BakerySwap ecosystem. BAKE is also used to incentivize network participants to provide liquidity to the platform, stake their tokens, and participate in governance decisions. Overall, BakerySwap provides a user-friendly and decentralized platform for trading cryptocurrencies and tokens, while providing incentives for network participation and contribution through its native token, BAKE.
