BakerGuild $BREAD is a decentralized autonomous organization (DAO) & new yield farming protocol on Fantom Opera. The organization’s objective is to develop the largest virtual economy in Fantom, optimize its assets to maximize utility, and share revenues with its stakeholders. Each $BAKER Token represents a share in the profits of Guild. One nuance about Guild regarding farms that some of you may have noticed is that calculate emissions based on BREAD per second, rather than per block like the farms on Binance Smart Chain and Ethereum do. On Fantom, the block times are proportional to the transaction activity on the block. As such, the block times can vary from as low as 0.97 seconds to as high as 20+ seconds back in Fall of last year.
You will still earn rewards just like the farms on other chains, and just as consistently, if not more so. In regards to Swapping, however, this is where Fantom Opera shines. As transactions go up on the Fantom Blockchain (Hopefully with help from us!), block times will go down, this means faster confirmations of transactions and faster trades. Faster trades mean better arbitrage opportunities, less slippage, less or no frontrunning, a better user experience, and the potential for more advanced trading applications.
BakerGuild Basic Points Table
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Who Are The Founders of BakerGuild
How do I connect my wallet to SpookySwap?
Navigate to the top-left corner of the homepage to click on the “Connect Wallet” button. Then select the wallet you want to connect to SpookySwap in the modal. Approve the connection and your wallet will be connected. The spooktacular cat whose dark magic, arcane arts, and love of cat related puns allows BOOs to transfer from one blockchain address to another. Token swaps on SpookySwap are a simple way to trade one token for another via automated liquidity pools.
On Spooky, you can trade at market price, or set a specific price for a limit order that can be triggered 24/7. When you swap (trade) on the exchange, you will pay a 0.2% trading fee (0.22% for limit orders), of which 0.17% is returned to liquidity pools as a reward for liquidity providers and 0.03% to xBOO Stakers. None of this fee is going to the treasury or dev fund like traditional DEXs.
BakerGuild team has decided to put our liquidity to work, and put BAKER/FTM liquidity to Yieldwolf/Grim vault. The Receipt token is locked with rugdoc. Farming requires providing liquidity to one of the pools which you can find on the “Farm” page. You can farm your liquidity pool (LP) tokens on the Farm page listed below, approving the contract, and choosing the amount you want to farm.
Why Choose BakerGuild
Trade tokens with limit orders at the lowest fees. Turn on Expert Mode to view live charts. Be part of the ecosystem by contributing liquidity to the pool for everyone to swap, and in return, earn fees from your contribution. Stake your proof of liquidity contribution at farms to start earning BOOs. Bridge from Ethereum, Binance Smart Chain, and many other chains to diversify your funds across DeFi. Make proposals, discuss in your community and decide SpookySwap’s future with your voting power. Find your inner Magicat with your Genesis NFT series that were sold out in <5 mins. Now packed with utility to boost your yield.
Where Can You Buy BakerGuild (BAKER)?
BakerGuild Tokens Can Be Purchased On Most Exchanges. One Choice To Trade Is On SpookySwap, As It Has The Highest USDC/BAKER.e Trading Volume, $8,947 As Of February 2021. Next is OKEx, With A Trading Volume Of $6,180,82. Other option To Trade Include USDC/BAKER And Huobi Global. Of Course, It Is Important To Note That Investing In Cryptocurrency Comes With A Risk, Just Like Any Other Investment Opportunity.
BakerGuild Supported Wallet
Several Browser And Mobile App Based Wallets Support BakerGuild. Here Is Example Of Wallet Which Support BakerGuild – Trust Wallet For Hardware Ledger Nano.
FAQ Of BakerGuild
Where I Can Find BakerGuild Whitepaper?
You Can Find BakerGuild Whitepaper By Clicking Here
Where I Can Buy/Sell Balancer Token?
You Can Buy or Sell Balancer Token On Some Popular Exchange For Example – SpookySwap.
What is Circulating Supply Of Balancer Token?
Circulating Supply Of Balancer Token Is 350,000.00 BAKER.