Bakery Token

by Bakery DAO

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SushiSwap

by SushiSwap

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Blocknet

by Blocknet

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Bakery Token

by Bakery DAO

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SushiSwap

by SushiSwap

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Blocknet

by Blocknet

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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.SushiSwap is an automated market maker based exchange that provides users with a larger governance role.Blocknet's protocol connects different blockchains and enables transactions of value through their decentralized exchange.

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.

SushiSwap is a decentralized exchange protocol that emerged as a fork of UniSwap. The main difference being the SUSHI token which acts as a governance token and entitles holders to a percentage of the trading fees charged on the network. Both UniSwap and SushiSwap, use an automated market making (AMM) model, where liquidity providers add funds to liquidity pools. Unlike centralized, order book exchanges, token pairs are priced according to an equation in which multiplying the prices of the 2 tokens will always equal a constant.

Blocknet is a cross-chain protocol for inter-chain transactions and a decentralized exchange. It is primarily focused on connecting blockchain networks, but is also developing a decentralized exchange to enable trade digital assets across separate blockchains. It is meant to connect the growing number of blockchain projects and make them inter-operable. Blocknet uses a Proof-of-Stake (PoS) consensus mechanism that has three different types of nodes to verify transactions. The network is powered by the BLOCK coin.

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