Nexo

Bake vs Rivo

Bake Logo

Bake

Bake is a blended staking, lending and yield platform that makes it easy to start experimenting with DeFi products within a centralized platform. Bake does support Dogecoin, as part of a liquidity mining pool. Bake Platform Assets Lending

Rivo Logo

Rivo

Rivo is a decentralized finance (DeFi) platform that streamlines crypto investing by integrating a multichain smart-contract wallet with a curated yield marketplace. This setup enables users to effortlessly earn yields on assets like Bitcoin (BTC), E...

Platform
Bake Platform
Rivo Platform
Website
Bonus
$30 after $50 deposit
Token
DFI
Founded
2019
Headquarters
Singapore
Availability
Non-us
Worldwide

Cryptocurrency Rates

BTC Rate
2.5%
3.2%
BTC Max
5%
ETH Rate
2.5%
6.8%
ETH Max
5%
LTC Rate
LTC Max
DOGE Rate
DOGE Max
Stablecoin Rate
6.5%
6.3%
Stablecoin Max

Fees & Financial

Compounding
Yes
No
Payouts
Weekly
Varies
Fees
Yes
Varies
Lockup
None
Varies
Maker Fee
Taker Fee
Bake Logo

Bake Pros

    • Broad array of defi-like products and yield opportunities
    • Fully owned by both co-founders

Bake Cons

    • Products are more complex or require more lockup time than other platforms
Rivo Logo

Rivo Pros

    • Easy access to DeFi protocols

Rivo Cons

    • Risk and rates vary upon protocol
    • BTC yield requires wrapped BTC
    • Some protocols require coin pairs (liquidity pools)