Bake

Bake

Bake (formerly Cake DeFi)
DuckDAO

DuckDAO

DuckDAO Incubator
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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

DuckDAO is where projects get funded by the community and not by a for-profit venture. This way, you kickstart with both the capital and the community you need. Raise your private rounds from our thousand contributors, without a VC. Get the most supportive and responsive community from day one. Our community is made up of investors that are looking to support projects in the long term. They can’t stop quacking about their investments on blogs and social media such as Twitter, 4chan and Reddit. Our ducks are quick to multiply. Thanks to the far reach of their quacks, they can be heard in more than a dozen languages on every social media platform.

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

Crypto lending and staking platform for traders

Support

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

Support

Phone Support Not Supported
24/7 Live Support Not Supported
Online Not 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 1.0 / 5
ease 1.0 / 5
features 1.0 / 5
design 1.0 / 5
support 1.0 / 5

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.

Pros & Cons from Real Users

Pros

  • Low token price, it fell down 90% and I think will never go up again So make your decision wisely...

Cons

  • - Most questions which admins don't like are answered in an aggressive and offensive manner. - They can ban you for mo reason any time they want - Poor quality projects, 90% of which = scam - Terrible management - Terrible user experience - Terrible user interface - Terrible communication with users

Training

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

Training

Documentation Not 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

DuckDAO Incubator
duckdao.io

Alternatives

Alternatives

Cream

Cream

C.R.E.A.M. Finance
Ethereum

Ethereum

Ethereum Foundation
Cream

Cream

C.R.E.A.M. Finance
DuckSTARTER

DuckSTARTER

DuckDAO Incubator
Yearn

Yearn

yearn.finance

Categories

Crypto Savings Supported
Crypto Staking Supported
Yield Farms Supported

Categories

Integrations

Ethereum Supported
BNB Smart Chain (BSC) Not Supported
Bitcoin Supported
Circle Supported
Compound Supported
DeFiChain Supported
DuckSTARTER Not Supported
MetaMask Not Supported
Nuvei Supported
PancakeSwap Not Supported
Polkadot Not Supported
Polygon Supported
Solana Supported
WalletConnect Not Supported

Integrations

Ethereum Supported
BNB Smart Chain (BSC) Supported
Bitcoin Not Supported
Circle Not Supported
Compound Not Supported
DeFiChain Not Supported
DuckSTARTER Supported
MetaMask Supported
Nuvei Not Supported
PancakeSwap Supported
Polkadot Supported
Polygon Not Supported
Solana Not Supported
WalletConnect Supported
Claim Bake and update features and information
Claim Bake and update features and information
Claim DuckDAO and update features and information
Claim DuckDAO and update features and information