What Is Bake? It is a Centralised DeFi (CeDeFi) platform, acting as a custodian to make the DeFi world more accessible to novice crypto investors. It primarily leverages on the DeFiChain blockchain with rewards paid out in DFI. In this review, we explore Bake’s background and corporate setup in Singapore, its license and regulatory status, product portfolio, usage notes and tips, and what sets it apart from the competition. We also provide an affiliate code for readers to sign up and obtain welcome benefits.