Express

HIGH RISK BakerySwap! Binance CEO CZ Zhao Warned

Mary Liu

Summary: Binance CEO CZ Zhao today warned on twitter that BakerySwap, an AMM Dex on Binance Smart Chain, is not endorsed and has super high risk. BakerySwap, which just went live on Binance smart chain(BSC), caused quite a stir online. BakerySwap's coin BAKE has a total supply of 731,745,000, 99% of which are produced by user mining, ...

Binance CEO CZ Zhao today warned on twitter that BakerySwap, an AMM Dex on Binance Smart Chain, is not endorsed and has super high risk.

BakerySwap, which just went live on Binance smart chain(BSC), caused quite a stir online. BakerySwap's coin BAKE has a total supply of 731,745,000, 99% of which are produced by user mining, and the team only has 1%. Users can trade and provide liquidity on the BakerySwap, and pledge liquidity on the Earn BAKE page for mining. Early BAKE farmers get 10x rewards at maximum release.

Its official blog said: "BakerySwap is the next iteration of the by now infamous Uniswap."

By Mary Liu

Last Update:

Tags: ,,
Link: HIGH RISK BakerySwap! Binance CEO CZ Zhao Warned   [Copy]
  • From Data Rights to Digital Property: Whistleblower Brittany Kaiser on Blockchain, RWA,... 6 days ago
  • The Base Chain's Ascent: How Deep Coinbase Integration and JPMorgan's Pilot Are Reshapi... 12 days ago
  • Tether in Trouble? U.S. Senate Just Passed a Law That Could Dethrone the $155B Stableco... 14 days ago
  • Justin Sun's Nasdaq Gamble: How Six Years Forged Ties with the Trump Family 16 days ago
  • The Crypto IPO Wave: From Fringe to Front Page 19 days ago
  • You need to login to comment.