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

OSL Singapore is the Singapore entity for OSL, the trusted digital asset platform. It provides access to large liquidity pools, systematic intelligent Request for Quote (iRFQ) trading, and lending and borrowing of digital assets. OSL Singapore is a member of BC Group, Asia’s leading public technology and digital asset company. OSL’s vision is to lead the regulated, institutional evolution of the digital asset market and the mission is to deliver best-in-class access to digital assets, setting the global standard for innovation, performance, security, and compliance. ​OSL Singapore is certified by the Singapore FinTech Association as a blockchain, digital asset and financial inclusion provider. OSL Singapore is also a member of Blockchain Association Singapore. OSL’s over-the-counter (OTC) trading combines access to unparalleled market liquidity with complete privacy and guaranteed price quotes.

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Audience

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

Audience

Traders and crypto users in need of a platform to manage their digital assets and operations

Support

Phone Support
24/7 Live Support
Online

Support

Phone Support
24/7 Live Support
Online

API

Offers API

API

Offers API

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version
Free Trial

Pricing

No information available.
Free Version
Free Trial

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:

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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
Webinars
Live Online
In Person

Training

Documentation
Webinars
Live Online
In Person

Company Information

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

Company Information

OSL
Singapore
osl.com/en/

Alternatives

Alternatives

Cream

Cream

C.R.E.A.M. Finance

Categories

Categories

Integrations

Bitcoin
Circle
Compound
DeFiChain
Ethereum
Nuvei
Polygon
Solana

Integrations

Bitcoin
Circle
Compound
DeFiChain
Ethereum
Nuvei
Polygon
Solana
Claim Bake and update features and information
Claim Bake and update features and information
Claim OSL and update features and information
Claim OSL and update features and information