To extend users’ opportunities to increase profits when holding BAKE, starting from November 23, ONUS officially deployed the Staking Daily feature for BakeryToken (BAKE).
As a result, individuals with 10 BAKE on the ONUS application will earn a profit of 3% each year, or 0.008% every day. Interest is paid daily in VNDC, calculated based on users’ BAKE balances at 0:00 (UTC+7) each day.
About BakerySwap and BAKE Token
BakerySwap is a decentralized protocol that provides Automated Market Marker on Binance Smart Chain (BSC). This Decentralized Exchange Protocol (DEX) supports swaps, yield farming, and NFT applications.
BAKE is the native BEP-20 governance token on the BakerySwap platform. Users can earn BAKE tokens by providing liquidity on BakerySwap, and BAKE holders can use their tokens to vote for governance and receive transaction fee dividends. BAKE rewards are offered in several liquidity pools, including BTC, ETH, DOT, LINK, BUSD, and BAKE.