Tutorial | How to mine BAKE by providing liquidity for MX/BAKE on BakerySwap
Step 1: Open the BakerySwap website: https://www.bakeryswap.org/#/bakery and connect to the MetaMask Wallet:
It should be noted that the wallet system is the Main Ethereum Network by default. If we want to access the main BSC network, we need to click the window in the upper right corner, scroll down and select ‘Custom Network RPC’.
The network configuration information is as follows：
Network name: Binance Smart Chain
Add RPC URL: https://bsc-dataseed1.binance.org/
Link ID: 56
Block Explorer URL: https://bscscan.com/
Click save and successfully added:
Step 2: Withdraw MX Token to MetaMask Wallet
Purchase some MX in MXC Exchange app, select BEP20 on the withdrawal page, enter the MetaMask BEP20 URL and then withdraw the asset. You will have BEP20-MX in your MetaMask Wallet.
You can check the balance in the MetaMask wallet after the transfer is completed.
However, you need to add the MX Token manually. Go to the ‘Custom Token’ tab and fill in the Smart Contract Address of BEP20-MX: 0x9f882567a62a5560d147d64871776eea72df41d3
You should see the MX balance:
Step 3: Swap MX for a proper amount of BAKE in BakerySwap（https://www.bakeryswap.org/#/home）
Step 4: Put BAKE-MX to the liquidity pool
Go to MetaMask Wallet to confirm payment:
Step 5: Deposit BAKE-MX BLP tokens to earn BAKE. Currently, the return on investment (ROI) is 189.74%:
Confirm the amount of BLP tokens:
Tokens are staked successfully! The earned BAKE will be automatically updated. Click Harvest to go to your account:
Tokens staked successfully!