Average Ratings 2 Ratings

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Average Ratings 0 Ratings

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Description

Bake (formerly Cake DeFi), a Singapore-based platform, provides easy access to Decentralized Finance (DeFi) applications and services. Bake enables customers to generate returns from their digital assets using a secure, transparent and safe method. Bake combines customer support, ease of use and transparency of DeFi with the centralized finance (CeFi). This creates a CeDeFi experience that is superior for retail customers. Visit bake.io for more information

Description

Frax operates as an open-source, permissionless protocol that is fully integrated on-chain, currently functioning on Ethereum and several other blockchain networks. The primary objective of the Frax protocol is to develop a highly scalable and decentralized form of algorithmic currency to replace fixed-supply digital assets such as Bitcoin. This innovative approach represents a significant shift in the design of stablecoins. While many existing stablecoin protocols have rigidly adhered to either being fully collateralized or entirely algorithmic without any backing, Frax introduces a hybrid model. Traditional collateralized stablecoins often face custodial risks or necessitate overcollateralization on-chain. In contrast, Frax uniquely combines both backed and algorithmic components in its supply, establishing itself as the first stablecoin to feature a portion of its supply as floating or unbacked. This duality not only enhances the stability of the currency but also paves the way for a more dynamic and adaptable financial ecosystem.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Polygon Yes 
Arbitrum No 
Avalanche No 
Bitcoin Yes 
Circle Yes 
CoinEx No 
Compound Yes 
Crypto.com No 
Ethereum Yes 
HitBTC No 
MEXC No 
Matcha No 
Morpho No 
Risk Harbor No 
Solana Yes 
SushiSwap No 
Uniswap No 
Yearn No 
vfat.tools No 

Integrations

Polygon Yes 
Arbitrum Yes 
Avalanche Yes 
Bitcoin No 
Circle No 
CoinEx Yes 
Compound No 
Crypto.com Yes 
Ethereum No 
HitBTC Yes 
MEXC Yes 
Matcha Yes 
Morpho Yes 
Risk Harbor Yes 
Solana No 
SushiSwap Yes 
Uniswap Yes 
Yearn Yes 
vfat.tools Yes 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App Yes 
iPad App Yes 
Android App Yes 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours No 
Live Rep (24/7) Yes 
Online Support Yes 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Vendor Details

Company Name

Bake (formerly Cake DeFi)

Founded

2019

Country

Singapore

Website

bake.io

Vendor Details

Company Name

Frax

Founded

2019

Country

Cayman Islands

Website

frax.finance/

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