Bake

Bake

Bake (formerly Cake DeFi)
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About

Bake (formerly Cake DeFi) is a Singapore-based one-stop platform providing easy access to decentralized finance (DeFi) services and applications. Bake empowers customers to generate returns on their digital assets in a secure and transparent way. Bake combines the customer support and ease-of-use of centralized finance (CeFi) and the transparency and traceability of DeFi, shaping a superior CeDeFi experience for retail customers. For more information, please visit bake.io

About

Earn, swap, and stack yield with leverage on the most powerful decentralized exchange on MultiversX. Open the DeFi wormhole. Create the most powerful DEX across all the worlds in the multiverse. Unlock liquidity for your apps and maximize your DeFi experience with a multitude of trading and yield-earning opportunities. Unlock the true potential of MultiversX. Liquidity management reduces complexity for passive investors particularly keeping concentrated liquidity active. Our adaptable liquidity pools will support single-sided liquidity, giving the liquidity provider the maximum opportunity to participate. Orderbooks, charting, trade reports, the goal of our implementation is to make the transition to using DEX from CEX as user-friendly as possible.

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Supported
iPad Supported
Android Supported
Chromebook Not Supported

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Audience

Anyone who wants to put their cryptocurrency to work and earn interest by lending or staking

Audience

Anyone searching for a powerful, single-pool multi-fee concentrated liquidity, margin and derivative trading DEX solution

Support

Phone Support Not Supported
24/7 Live Support Supported
Online Supported

Support

Phone Support Not Supported
24/7 Live Support Not Supported
Online Supported

API

Offers API Not Supported

API

Offers API Not Supported

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version Not Supported
Free Trial Not Supported

Pricing

No information available.
Free Version Not Supported
Free Trial Not Supported

Reviews/Ratings

Overall 4.5 / 5
ease 5.0 / 5
features 4.5 / 5
design 4.5 / 5
support 5.0 / 5

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Pros & Cons from Real Users

Pros

  • - Very easy to use (beginner friendly) - one-stop-solution for staking, liquidity mining and lending - staking DFI (native DeFiChain-Currency) at about 70% APY - staking DASH at about 5.4 % APY - liquidity ming (pairing DFI with BTC, LTC, ETH, Doge, USDT, USDC, BCH) at rates around 60% APR - iOS and Android mobile App - strong community - you can use staking and liquidty mining flexible or with a lock up ("freezer") for additional return - lending of BTC, ETH, USDT and USDC at 6-7 % APY
  • Easy to read and reliable rates. Great rate of return on BTC. Products range from instant liquidity, to locking up coins for 10 years. Very transparent, providing weekly and monthly email updates on yields. Great referral program too!

Cons

  • - you cannot swap DFI to BTC, ETH etc. directly on the platform. You have to do it by sending them to your DeFi-Wallet and swap them on the DEX (decentralised exchange); workaround: send your DFI to an exchange which has DFI listed (example KuCoin) and swop them there - quite high spread if you buy Crypto for fiat on Cake; better buy at KuCoin etc. and send Crypto to Cake Defi
  • Make sure you understand the different products as there is all kinds of risks and rewards for ever product.

Training

Documentation Supported
Webinars Not Supported
Live Online Not Supported
In Person Supported

Training

Documentation Supported
Webinars Not Supported
Live Online Not Supported
In Person Not Supported

Company Information

Bake (formerly Cake DeFi)
Founded: 2019
Singapore
bake.io

Company Information

DX25
Switzerland
dx25.com

Alternatives

Alternatives

Cream

Cream

C.R.E.A.M. Finance

Categories

Crypto Savings Supported
Crypto Staking Supported
Yield Farms Supported

Categories

DApps Supported
DeFi Projects Supported
Yield Farms Supported

Integrations

Bitcoin Supported
Circle Supported
Compound Supported
DeFiChain Supported
Ethereum Supported
MultiversX Not Supported
MultiversX Wallet Not Supported
Nuvei Supported
Polygon Supported
Solana Supported

Integrations

Bitcoin Not Supported
Circle Not Supported
Compound Not Supported
DeFiChain Not Supported
Ethereum Not Supported
MultiversX Supported
MultiversX Wallet Supported
Nuvei Not Supported
Polygon Not Supported
Solana Not Supported
Claim Bake and update features and information
Claim Bake and update features and information
Claim DX25 and update features and information
Claim DX25 and update features and information