Uniswap vs Bakery Token vs DEW
What problem does this service solve?
Uniswap allows users to trade Ethereum tokens without a middleman. | The Bakery AMM exchange leverages the speed, and reduced fees, of the Binance Smart Chain to create a more efficient DEX platform. | DEW allows users to transparently trade a variety of assets without an intermediary. |
Token Stats
Company Description
Uniswap is a decentralized exchange that facilitates automated transactions between Ethereum-based tokens. It is designed to be an open-source platform with an automated market maker (AMM) model. Instead of using an order book, token trades are facilitated directly between users through a liquidity pool and prices orders with an algorithm that relies on the equation x*y=k to create a price spectrum for token pairs available in the liquidity pools provided by other users. Uniswap tokens are used as a governance token and as an incentive for users to fund the liquidity pools. Since the platform is decentralized, all the trading fees collected are distributed among the liquidity providers; according to the share that they provide in the liquidity pools. | 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. | DEW is a decentralized exchange that allows users to trade blockchain-based assets as well as stocks, futures, and other securities. Asset transfers are executed according to rules established in smart contracts, and a chain-based clearing mechanism ensures transparency. The DEW network, and exchange, is powered by the Ethereum-based DEW token. |