CryptoBridge vs Blocknet vs Bakery Token
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What problem does this service solve?
| Decentralized exchange that allows users to become stakeholders and receive 50% of the revenues from trading fees. | Blocknet's protocol connects different blockchains and enables transactions of value through their decentralized exchange. | The Bakery AMM exchange leverages the speed, and reduced fees, of the Binance Smart Chain to create a more efficient DEX platform. |
Token Stats
Company Description
CryptoBridge is a decentralized exchange (DEX) powered by the BridgeCoin (BOC). BOC holders receive 50% of the profits that CryptoBridge collects from trading fees and become innvestors in the BridgeCoin exchange. In order to receive their share of the profits, users must stake part of their BOC holdings for a period of 1, 3, 6 or 12 months. The longer you stake your coins, the higher the staking bonus will be. Trading Fee: 0.2 % | 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. | 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. |
