Bake vs SALT

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

SALT Logo

SALT

SALT enables individual investors and businesses with crypto assets to generate and preserve long-term wealth. SALT LEND offers attractive rates on the most popular cryptocurrencies (BTC, ETH, USDC and USDT). SALT BORROW (loans back by crypto...

Platform
Bake Platform
SALT Platform
Website
Bonus
$30 after $50 deposit
Token
DFI
Founded
2019
2016
Headquarters
Singapore
Denver, USA
Availability
Non-us
Worldwide

Cryptocurrency Rates

BTC Rate
2.5%
3%
BTC Max
5%
ETH Rate
2.5%
4%
ETH Max
5%
LTC Rate
LTC Max
DOGE Rate
DOGE Max
Stablecoin Rate
6.5%
10%
Stablecoin Max

Fees & Financial

Compounding
Yes
No
Payouts
Weekly
Fees
Yes
Lockup
None
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
SALT Logo

SALT Pros

    • Competitive earn rates with proven lending/borrowing business

SALT Cons

    • $10,000 minimum deposit
    • Accredited investor status required