The Bakeryswap clone not only helps to build a cost-effective decentralized exchange for entrepreneurs, but it also makes admins more profitable in various ways. If you are thinking of building your DEX, it’s essential to know about the revenue-generating ways of the clone decentralized exchange. In this blog, let me explain the top 5 revenue streams of the Bakeryswap clone.Trading Fees
It’s the core revenue stream of your Bakeryswap clone. The clone platform deducts a small piece of money from its users when they execute any type of transaction. Because the DEX acts as a bridge for traders.The platform especially detects fees for activities like token swapping or liquidity transfers. These micro earnings can scale into significant profits once your DEX platform starts increasing its user base.
Staking and Yield Farming Fees
Staking and yield farming activities have attracted many crypto enthusiasts and helped them earn income in a passive way. By providing these activities on your Bakeryswap clone platform, you can deduct a small fee for your users when they participate in staking tokens and farming pools.This approach not only generates revenue but also attracts more loyal users to your platform. The more users on your platform result in an increase in liquidity on the clone DEX.
Token Listing Charges
Token creators always look for a reliable platform to list their new tokens. Once you have a reasonable audience on your platform, they come to your Bakeryswap like DEX to list their tokens. As an admin, you can charge your users a fee for listing tokens.This revenue stream benefits you in two ways: you can charge for token integrations, and the availability of a wide range of tokens on your platform attracts more users to your DEX.
Liquidity Provider Fees
Liquidity pools are like the heart of any decentralized exchange. It is vital to facilitate smooth and hassle-free trading. You can charge the LPs who participate in these pools.The best part is that the liquidity providers (LPs) can earn rewards while providing a portion of the fees to the admins. This not only creates stable revenue streams but also maintains liquidity in your Bakeryswap clone exchange platform.
Advertising and Sponsored Listing
You can make additional passive income by selling advertisement space or featuring sponsored token listings on your Bakeryswap clone platform. Projects aim to showcase, and they are ready to pay for banner ads and for preferred placements in your token list.This tactic not only makes additional income in the DEX clone, but it also gives projects a chance to shine. This positions your DEX as a desirable hub for crypto marketing.
Right, you have covered the top 5 revenue streams of the Bakeryswap clone.. Now it’s time for the wrap-up.
Wrapping Up
In short, each revenue stream of the Bakeryswap clone software not only generates money but also makes the platform more visible to attract more users. I have covered only the top 5 revenue streams, but the Bakeryswap clone has various revenue generation models that help you to make a profitable business in the DeFi space.
