Anybody watching BakeryToken ?

[etienne_marais]

Bakery Token is a token with a convoluted use that I don't quite fathom, something to do with decentralized exchanges and liquidity making. Binance is somehow involved so I'm in:

 

[HavocXphere]

Binance is somehow involved so I'm in:

It appears to be running on their smart chain. Not really the same thing as involvement

BakerySwap (BAKE)

A Decentralized AMM Protocol on Binance Smart Chain with Liquidity Mining.

research.binance.com

 

[phly]

food has been a running theme for these DEFI plays. Sushi swap, burger swap, pancake swap and now bakery swap

 

[etienne_marais]

What is meant by LP - liquidity providers ? Are those simply traders ?

 

[Lefty309]

I started nesting my eggs on Goose Finance recently. Returns are amazing but risky since they are new. DYOR

 

[Natas]

I started nesting my eggs on Goose Finance recently. Returns are amazing but risky since they are new. DYOR

Busy DYOR'ing but looks interesting. Think I will put a little money into it and hope its not an exit scam. After a cursory look (2 minutes while on a Zoom meeting) the returns look too good to be true.

I put some money into Bake and I am like 50% down but will HODL for now. but Bake looks like a proper sh1tcoin.

 

[JohnStarr]

I bought 23 PIVX coins a few days ago just to see if it would take off. If the BAKE token drops more I might invest something into it, but not much.

 

[phly]

There is alot of action in the alt scene - Thats why I am not even bothered with bitcoin for now. I am trying to ride old stuff. Syscoin for now. No idea why but it looked like it was ready to rise so we will see.