🍩BakerySwap — earning BAKE

Here is a benchmark between 2 liquidity pools at 1 BNB, let’s see!

Previously on my latest blog, I introduced a step-by-step to farm and pool 🍰 CAKE.

follow blog 👉 https://medium.com/nooblearning/pancakeswap-farms-and-pools-a01bf905baff

This blog I will cover how to add a liquidity in BakerySwap. So that we can compare the result.

Connect to your wallet

Go to Liquidity pool, here I added 1 BNB.

Add liquidity

Wait for about 5 secs, you will see Supply button shows up.

Confirm supply

We now have BNB/BAKE

Then go to Earning and looking for 🍩 Doughnut.

Click Approve BAKE-BNB BLP and wait for ~5 sec for a transaction

After that we now can click + button to deposit BAKE-BNB BLP tokens.

I went all out for the my reward!

Transaction completed!

Conclusion

24 hours later, my reward be like…

PancakeSwap (Farm) : 0.06 CAKE EARNED (~2.316 USD)

BakerySwap : 0.345 BAKE EARNED (~2.145 USD)

In comparison to previously 0.5 BNB invested in syrup pools in PancakeSwap, It returned 0.01098 CAKE within 12 hours.

To be fair, we have to multiply by 8 (2 BNB, 24 hours) and result is 0.08784 CAKE (~3.259 USD)

So, the winner for this round (as USD) is syrup pools in PancakeSwap (CAKE) 🎉🥳

4 weeks later, I will harvest ~9 BAKE and stake again.

Double gas fee. Yes, I got failed transaction… 😭

Edited 1 Aug

I’ve got BAKE from farming, so today I will stake BAKE to earn BAKE.

https://www.bakeryswap.org/#/bakery/BAKE/BAKE

Approve tx: https://bscscan.com/tx/0x3fc4f5835f4f64a4aea5f8e9b1be9e3b0a786c5895b55458dc31316cf8fec564

Deposit BAKE Tokens

Deposit tx: https://bscscan.com/tx/0x3fc4f5835f4f64a4aea5f8e9b1be9e3b0a786c5895b55458dc31316cf8fec564

Done!

Edited 23 Aug

I decided to exit BakerySwap. And here is a summary,

Invested: 2 BNB

Invested time: 106 days

Earning: 29.376 BAKE (=92.24$)

Bye 🤚

That’s it! If you want to give me a cup of coffee ☕️ here’s my wallet. 👇

ETH: 0x83F4A1B5E1c662C749939575C39CA37e5B08822B
BNB: 0x83F4A1B5E1c662C749939575C39CA37e5B08822B
BNB on Binance Chain: bnb1p4rktgwxtlkw78uw7jzk08yysc5vge8cglk0xy