Bake Up is an automated market maker AMM — a decentralized finance DeFi application that allows users to exchange tokens, providing liquidity via farming and earning fees in return.
It launched in November 2021 and is a decentralized exchange for swapping BEP20 tokens on Binance Smart Chain.
Bake Up uses an automated market maker model where users trade against a liquidity pool. These pools are filled by users who deposit their funds into the pool and receive liquidity provider (LP) tokens in return.
Who Are the Founders of Bake Up?
Bake Up is a Binance Smart Chain-based decentralized exchange (DEX) that was launched on 02/11/2021, by a founding team based in Germany, and an advisory team based in Japan and Netherlands, Bake Up is a fork of the PancakeSwap protocol, with a smart contract audit completed, to mitigate financial risk.