Bondly x BakerySwap Partnership

Published on: 22.05.2021
Bondly x BakerySwap Partnership

Bondly & BakerySwap announced partnership to allow for more staking services via staking and farming, and for more liquidity of BNB/BONDLY.

Bakeryswap is an all-in-one DeFi platform on the Binance Smart Chain that provides both AMM and NFT Marketplace solutions in one place. Users can exchange tokens, provide liquidity and participate in liquidity farming. Bondly will be listed on BakerySwap as a liquidity provider and users will be able to stake their $BONDLY in the farming protocol to earn more crypto at a high APY percentage.

🔹How can you earn tokens on BakerySwap?

Users can either:

🔹Stake BNB-Bondly LP to earn $BONDLY

  • Users will be able to earn $BONDLY by trading in their $BNB and $BONDLY for LP (liquidity provider) tokens. These tokens will then be used to ‘enable farming’ on the platform, thus staking their tokens in a flexible contract. Flexible contracts allow users to go in and out of farming as they please without any time/token restrictions.

🔹Stake $BAKE to earn $BONDLY

  • As with the LP tokens, users will also have the option to stake their $BAKE to earn more $BONDLY. These tokens will also be offered as liquidity via the ‘enable farming’ option within the platforms farming protocol. These tokens will also be tied to flexible contracts, allowing users to enter and exit staking as they please with no time/minimum token constraints.

APY percent yields are to be listed on BakerySwap at the time of launch.

What is BakerySwap?

BakerySwap, the first AMM + NFT Exchange, is the all-in-one DeFi platform on Binance Smart Chain. Bakery aims to be the reference place for all defi users’ needs, by providing three main services: The AMM (Automatic Market Maker), where users can exchange tokens, stake them or do liquidity farming, currently holds more than $425M in liquidity. The NFT Marketplace, which allows participants to mint or trade artworks and other gamified NFT from Bakery or Bakery partners. More than +300,000 NFT transactions and +85,000 minting strengthen their leadership position. And finally, the Launchpad, that provides initial coin offerings from selected quality projects to early investors.

What is Bondly.Finance?

Bondly is a pioneering development, strategy and NFT marketplace focused on integrating music with unique pieces of art that provide real world utility. Bondly creates ecosystems around our partners while using community building driven strategies that enhance NFT releases. Bondly’s recent successes have garnered mainstream attention across the crypto, tech and music media outlets. Their family of trust-enabling products is designed to be a part of everyday buying and selling giving peace of mind for NFT swap or online purchases.

📰 INFO:

https://bondlyfinance.medium.com/bondly-gets-added-to-bakeryswap-bakery-pool-f1a42264672d

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