Introduced in September 2020, BakeryToken (BAKE) is an integral component of the BakerySwap ecosystem. Participants who contribute liquidity are compensated with BAKE tokens, which serve various purposes including earning a portion of BakerySwap's trading fees and engaging in voting activities as part of the platform's governance mechanism. BakerySwap operates as a decentralized automated market-making (AMM) protocol built on the Binance Smart Chain (BSC). The BAKE token serves as the native BEP-20 governance token within the ecosystem. Users have the opportunity to acquire BAKE tokens by providing liquidity on BakerySwap, and holders of BAKE can utilize their tokens for governance participation and to receive dividends from transaction fees. BAKE rewards are distributed across multiple liquidity pools, initially covering assets such as BTC, ETH, DOT, LINK, BUSD, and BAKE against BNB.