Antonovanimation While this is technically possible, please note that it is probably not as easy as you might imagine.
The "bake" feature in other software temporarily saves the results of physical calculations for the entire timeline and applies them as keys, but the Key Constrained hotkey can only be used to save the specific pose of a frame. The motion obtained by physics constraints results in smooth curves, but when you save the pose using the Key Constrained hotkey, the curves cannot be reproduced, and the calculation results for the subsequent poses will be offset by the change in the previous pose, so you will not be able to get exactly the same animation.
Therefore, this hotkey is useful if you want to save at least a general pose after creating a motion with physics constraints, in case you have no choice but to delete the physics constraints. However, if you want to reproduce the motion achieved by physics constraints in a lower version, you will have to make many manual modifications, which will be quite time-consuming.