Bake

Bake

Bake (formerly Cake DeFi)
Ethereum

Ethereum

Ethereum Foundation
+
+

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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

Ethereum is the community-run technology powering the cryptocurrency, ether (ETH) and thousands of decentralized applications. Ethereum is a technology that's home to digital money, global payments, and applications. The community has built a booming digital economy, bold new ways for creators to earn online, and so much more. It's open to everyone, wherever you are in the world – all you need is the internet. Today, billions of people can’t open bank accounts, others have their payments blocked. Ethereum's decentralized finance (DeFi) system never sleeps or discriminates. With just an internet connection, you can send, receive, borrow, earn interest, and even stream funds anywhere in the world. Today, we gain access to 'free' internet services by giving up control of our personal data. Ethereum services are open by default – you just need a wallet. Stake your ETH to become an Ethereum validator.

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 interested in the community-run technology powering the cryptocurrency, ether (ETH) and thousands of decentralized applications

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 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

Ethereum Foundation
Founded: 2013
ethereum.org

Alternatives

Alternatives

Stellar

Stellar

Stellar Development Foundation
Corda

Corda

R3
Cream

Cream

C.R.E.A.M. Finance
Cream

Cream

C.R.E.A.M. Finance

Categories

Crypto Savings Supported
Crypto Staking Supported
Yield Farms Supported

Categories

Blockchain Supported
Crypto Staking Supported
DeFi Projects Supported
Layer 1 Protocols Supported
Open Banking Supported
Open Finance Supported
Smart Contract Supported

Integrations

Polygon Supported
Avantis Not Supported
Bake Not Supported
BarnBridge Not Supported
BitcoinOS Not Supported
Bitexen Not Supported
Bitlayer Not Supported
BloctoSwap Not Supported
CryptingUp Not Supported
L2BEAT Not Supported
Mask Network Not Supported
Nimbus Not Supported
Nomad Not Supported
Symbiosis Finance Not Supported
Tokenize Not Supported
Traceye Not Supported
Vertex Not Supported
VirgoCX Not Supported

Integrations

Polygon Supported
Avantis Supported
Bake Supported
BarnBridge Supported
BitcoinOS Supported
Bitexen Supported
Bitlayer Supported
BloctoSwap Supported
CryptingUp Supported
L2BEAT Supported
Mask Network Supported
Nimbus Supported
Nomad Supported
Symbiosis Finance Supported
Tokenize Supported
Traceye Supported
Vertex Supported
VirgoCX Supported
Claim Bake and update features and information
Claim Bake and update features and information
Claim Ethereum and update features and information
Claim Ethereum and update features and information