What does Bacon do?

Besides the fact that it has no effect since the Juice endorsement only provides a benefit upon spawning.

If you don't have gold Accuracy on your Assault, pick up bacon and you'll have gold Accuracy. Until you die.

Actually when you pick up Bacon you gain juice as if you just spawned having the Gold Juice Endorsement.

Oh Snap!

looks like someone has a belly full of bacon. he knew that like he's eaten enough bacon to equivalently assemble a whole pig.