Nexo

SALT vs Bake

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...

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

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

Cryptocurrency Rates

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

Fees & Financial

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

SALT Pros

    • Competitive earn rates with proven lending/borrowing business

SALT Cons

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

Earn Interest on Crypto

Bitcoin logo BTC Bitcoin Ethereum logo ETH Ethereum Solana logo SOL Solana Ripple logo XRP Ripple Litecoin logo LTC Litecoin Dogecoin logo DOGE Dogecoin Circle logo USDC Circle Tether logo USDT Tether