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

SnowSwap is a new decentralized exchange for swapping yield bearing stablecoins, built for yield bearing Yearn Finance assets. The aim is to eliminate steps from swapping stablecoins, when you want to swap to a different Yearn DeFi Vault. Instead of having to withdraw and deposit assets again, wasting Eth to high transaction fees. SnowSwap lets you trade between Yearn vaults directly, saving users a lot of trouble, cost, and time. SnowSwap uses Curve’s pooling algorithms but it goes well beyond just being a simple copy and paste fork. SnowSwap is an innovative use case for yield bearing stablecoin assets.

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

Crypto Lending platform for traders

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

SnowSwap
Founded: 2020
snowswap.org

Alternatives

Alternatives

Cream

Cream

C.R.E.A.M. Finance
Danaswap

Danaswap

Ardana

Categories

Categories

Integrations

Ethereum
Polygon
Authereum
Base App
Bitcoin
Circle
Compound
Dapper
DeFiChain
Fortmatic
Ledger
MetaMask
Nuvei
Opera
Portis
Solana
Torus
Trezor
WalletConnect
Zapper

Integrations

Ethereum
Polygon
Authereum
Base App
Bitcoin
Circle
Compound
Dapper
DeFiChain
Fortmatic
Ledger
MetaMask
Nuvei
Opera
Portis
Solana
Torus
Trezor
WalletConnect
Zapper
Claim Bake and update features and information
Claim Bake and update features and information
Claim SnowSwap and update features and information
Claim SnowSwap and update features and information