BakeryToken (BAKE) is the native BEP-20 token of BakerySwap, a
decentralized exchange (DEX) and
NFT platform built on the
BNB Chain. It powers an
automated market maker (AMM) system that lets users trade, provide liquidity, and earn rewards without intermediaries. BAKE was introduced in 2020 to reward liquidity providers, enable governance participation, and serve as the primary utility token across BakerySwap’s DeFi and NFT ecosystem.
The platform allows users to deposit token pairs into liquidity pools and earn BAKE as a reward for supporting market liquidity. BAKE holders can also stake their tokens to earn additional rewards, participate in launchpad events, or use them within the integrated NFT marketplace. This dual-utility model connects the DeFi and NFT sectors, giving BAKE a broader role than a standard DEX token.
In practice, BAKE fuels every core activity on BakerySwap, from fee sharing and liquidity farming to community voting and NFT purchases. Its value is driven by the overall health and usage of the BakerySwap ecosystem, trading volume on BNB Chain, and ongoing demand for decentralized trading and NFT assets.
When Did BakeryToken Launch?
BakeryToken (BAKE) was launched in September 2020 as the native governance and utility token of the BakerySwap platform. The project was created by an anonymous team of developers who opted for a decentralized-first model with no major token pre-sale or dev allocation, aside from a minor share tied to farming rewards.
BakerySwap Roadmap Highlights
- September 2020: Platform launch and initial liquidity pools go live on the BNB Smart Chain (BSC) with BAKE as reward token.
- April 2021: Introduction of the NFT marketplace “Bakery Gallery” and enhanced DeFi-NFT integration.
- Ongoing: Multi-chain expansion ambitions, launchpad features, tokenomics refinements tied to community governance via BAKE.
What Is the BAKE Token Utility?
BakeryToken (BAKE) serves as the core utility and governance token of the BakerySwap ecosystem. It is used to reward liquidity providers, pay transaction fees, and participate in
staking and
yield farming pools. Holders can also use BAKE to purchase NFTs, vote on governance proposals, and access special features like launchpad events within the BakerySwap platform. The token effectively ties together all DeFi and NFT functions on BNB Chain, making it essential to the protocol’s economy.
You can trade BAKE tokens instantly on the
BingX Spot Market by selecting the
BAKE/USDT trading pair, entering your preferred amount, and executing a buy or sell order at real-time prices. BingX provides secure custody, advanced charting tools, and competitive trading fees for BAKE traders worldwide.
What Is BakeryToken Tokenomics?
As of October 2025, BakeryToken (BAKE) has a circulating and total supply of approximately 289.77 million BAKE. The project does not specify a fixed maximum supply, with some sources noting that BAKE has no hard cap, allowing for potential ongoing emissions or inflationary adjustments depending on network activity and governance decisions.
BAKE Token Allocation
- Liquidity Mining & Staking Rewards – ~80%: Majority of BAKE tokens are distributed to users providing liquidity to BakerySwap pools and staking LP tokens.
- Community & Ecosystem Incentives – ~10%: Reserved for marketing, user growth programs, and partnerships to expand BakerySwap’s DeFi and NFT ecosystem.
- Development & Maintenance – ~5%: Allocated to ongoing protocol development, infrastructure upgrades, and team incentives tied to ecosystem performance.
- Treasury & Governance Reserve – ~3%: Held for future governance decisions, funding new projects, or liquidity support when approved by community vote.
- Early Contributors & Advisors – ~2%: Small allocation rewarded to early contributors, technical partners, and advisors who supported BakerySwap’s launch.
What Blockchain Network Does BakeryToken Operate on?
BakeryToken (BAKE) operates on the BNB Smart Chain (BSC), a high-performance blockchain developed by Binance. It uses the BEP-20 token standard, which ensures compatibility with the BNB Chain ecosystem and popular wallets like
MetaMask and
Trust Wallet. BSC’s low transaction fees, fast block times, and robust DeFi infrastructure make it ideal for powering BakerySwap’s decentralized exchange, staking pools, and NFT marketplace, all of which rely on BAKE for transactions, governance, and rewards.
How to Store BAKE Tokens Securely
The safest and most convenient way to store your BAKE tokens is directly on BingX, where they remain secure under institutional-grade custody protection. By keeping BAKE on BingX, you can easily trade, track real-time market movements, and manage your portfolio without worrying about private key management. BingX also offers
two-factor authentication (2FA), withdrawal protection, and continuous platform monitoring to safeguard user assets.
For users who prefer self-custody, BAKE being a BEP-20 token can be stored in any wallet that supports the BNB Smart Chain (BSC). Popular options include MetaMask, Trust Wallet, Binance Wallet, and SafePal, where you can import the BAKE contract address to view and manage your holdings. For long-term storage, consider using
hardware wallets like
Ledger or
Trezor, which keep your private keys offline and reduce exposure to online threats.
Is BakeryToken (BAKE) a Good Investment?
The BakeryToken (BAKE) stands out as an intriguing investment opportunity because it serves as the backbone of the BakerySwap ecosystem, providing utility in governance, liquidity-incentives, and participation in both DeFi and NFT markets on the BNB Smart Chain. As the protocol gains traction and ecosystem activity increases, demand for BAKE could grow accordingly, aligning token value with platform growth. Moreover, BAKE’s real-world utility, e.g., staking, rewards, governance, differentiates it from purely speculative coins, which may appeal to users seeking tokens with tangible ecosystem use.
Always remember: while these are potential strengths, all crypto investments carry risk and require thorough research.