Bakery Token vs Bitshares vs 0x
What problem does this service solve?
The Bakery AMM exchange leverages the speed, and reduced fees, of the Binance Smart Chain to create a more efficient DEX platform. | Bitshares is an open source blockchain platform designed to increase access to banking services. | 0x is designed to serve as a decentralized exchange for the Ethereum blockchain. The protocol uses Ethereum smart contacts that allow users to participate in a decentralized exchange, while adopting certain features of centralized exchanges. |
Token Stats
Company Description
The Bakery Token fuels the Bakery Swap ecosystem, which offers liquidity pools for a variety of altcoins. Users can earn BAKE tokens by providing liquidity on Bakery Swap's platform in exchange for a portion of the trading fees generated. Bakery Token holders can also use their tokens to participate in governance voting and to receive transaction fee dividends. Bakery Swap uses a decentralized automated market-making (AMM) protocol that is built on the Binance Smart Chain. It was created by an anonymous group of developers and is governed by a DAO structure. | BitShares is a blockchain platform designed to assist the unbanked. It offers both banking and exchange services. Bitshares was originally launched in 2014 by Dan Larimer, an influential blockchain developer that has also worked on EOS and Steemit. It is a community run open source project. | 0x is a decentralized exchange built on the Ethereum blockchain that allows for ERC20 tokens to be traded. 0x hopes to serve as a building block for creating decentralized exchanges. |