Binance x BakerySwap Airdrop is worth $100,000 in BAKE tokens along with ETH 2.0 staking rewards to users that provide liquidity to the eligible BETH pairs on their platform.
About BakerySwap & BETH
Binance and BakerySwap officially are launching an ETH2.0 cross-chain token called ‘BETH’ in order to reduce the high request of 32 ETH for participating in ETH 2.0 block producer, to increase the liquidity of users’ fund, and to provide Binance Smart Chain' (BSC) users with a higher annual return.
BETH is a tokenized asset representing your staked ETH on a 1:1 basis. This token has two features:
- When ETH 2.0 goes live, users can swap BETH to ETH at a 1:1 ratio.
- Binance distributes BETH rewards to users' spot accounts daily according to users' BETH position.
BakerySwap is a DeFi fork of the Uniswap and SushiSwap implementations with altered reward calculation mechanisms. BakerySwap is the first AMM + NFT exchange on BSC. The maximum supply of BAKE tokens is 731,745,000.
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