ApeSwap
Decentralized Exchange on Binance Smart Chain
What is ApeSwap?
The ApeSwap project that went live in February 2021 has amassed over $ 33 million in transaction volume with a daily average of more than 2,500 new users. There's no question about the Binance Smart Chain being the place to be on DeFi right now. You can watch a large number of Auto Market Builders launch every day to see the growth of the BSC space.
It also means, sadly, that there is probably no shortage of scams, rugs and even honest projects that fail to compete. Creating a project and making it successful is something that requires a lot of experience and is unique. (It should be noted that, the project you want to launch with the help of our ApeSwap Clone script must have some unique functionality to be successful. These can be customized with the help of our white labeled ApeSwap Clone Script.)
There are many, new farms and other AMMs being launched at BSC every day but most of them are offshoots of PancakeSwap or Goose. But there are differences to note here. Many new farms are basically coming with PancakeSwap built-in features, which means platform users will be limited to the functionality and market that PancakeSwap provides. So, to mark the uniqueness ApeSwap makes a difference by controlling the platform by creating your own farm as well as DEX and AMM. This means that over time the platform can experience development as needed. ApeSwap will not be a reflection of PancakeSwap.
There are many Defi platforms popping up every day to provide financial services to the world's population. Some of these platforms have not been able to optimize the people's longing for improving their financial status.
ApeSwap Finance is the best unique Defi which has proven strategic techniques that will help its users to improve their financial status through wealth creation through lottery, Liquidity farming and betting and other products with big returns.
It is a strategic AMM built on the Binance Smart Chain, enhancing token exchange, farming and staking. The platform is managed by experts with great experience in cryptosystems and blockchain technology.
There will be regular audits of the platform to ensure its safety. BSC Gemz completed the Apeswap audit on March 5, 2021 with good low risk results. Certik Audi is currently auditing the platform.
Controlling BANANA Availability
The management team has devised a method to control the number of BANANA tokens in the ecosystem to avoid an excessive flood of tokens that would lead to an inflation-prone value loss. This is because they do not wish to limit supply for their compelling reason.
Therefore, they introduced:
Deflation Method (Burn Map V2.0)
This method involves buying back BANANA tokens and creating more ApeSwap products. The burning process is run using the Burn Map V2.0 protocol.
Reducing Block Emissions
This is a method for reducing the number of BANANA tokens produced in each block. This process will not be carried out routinely, instead community members are asked to deposit more funds in the ecosystem.
Main character
Exchange
The ApeSwap Finance platform enhances BEP-20 token trading through an automated Liquidity pool. This transaction charges a 3% fee.
These costs are broken down and used as follows:
0.25% saved in the pool to compensate Liquidity providers.
0.05% is transferred to the company's Treasury.
Liquidity Pool
ApeSwap Finance has two main Liquidity pools where its users can deposit their tokens for returns. So:
Agricultural Pond
This is a pool where users store BANANA / BNB tokens. BANANA-BNB APE tokens are issued to depositors in exchange for stored BANANA tokens.
APE tokens can be wagered on the farm pool to get more profit.
The farm pond can be found at http://www.Apeswap.finance/farms
Staking Pool
It is a Liquidity pool where users store BANANA tokens to get returns.
These depositors are rewarded with fees realized from transactions on the platform.
Stored assets can sometimes suffer a temporary loss, but it is preferable to keeping them in a wallet. Apart from that, users can withdraw their funds any time they want.
Lottery
This is an Apeswap product that enriches its community members through a lottery program. Program participants must get a lottery ticket with 10 BANANA tokens. The ticket has 4 digit numbers that are compared and must be counted with the number of the lottery winner to get a win. Winning numbers are drawn every 24 hours.
Decentralized finance is booming, and we are very ape-ish (new bull) on the Binance Smart Chain. We thought we could do a better job than the existing project and were very excited to ride this rocket with all the original DeFi Apes.
Symbol: $ BANANA
Token name: Banana Token
Community leaders: Obie Dobo, Ranger and CZ's grandfather. He disciplines Apes, also $ BANANA tokens make him happy;)
Community Name: Apes
If you follow ApeSwap, you will definitely want to invest more $ BANANA. We'll have many opportunities to plant those sweet, sweet $ BANANA.
APESWAP STARTED WITH 5
PRELIMINARY AGRICULTURE:
BANANA / BNB
BANANA / BUSD
BNB / BUSD
BTC / BNB
ETH / BNB
ROADMAP
How do we plan to develop ApeSwap.Finance!
ApeSwap Future Timeline
March 2021: Introducing the Lottery System, Non Fungible Apes, and additional UI improvements
April 2021: Advanced combustion mechanics (More coming soon!) And an overhaul of the UI, the NFA market
May 2021: Additional utilities and gamification for NFA holders, CEX List
June 2021: Add $ BANANA Governance
September 2021: AutoFarm and Vaults
November 2021: Variable Yield Field
Additional information
• ApeSwapFinance application: https://apeswap.finance/
• Medium: https://ape-swap.medium.com
• Twitter: https://twitter.com/ape_swap
• Telegram: https://t.me/ape_swap
• Announcement: https: //t.me/ape_swap_news
• Telegram Price: https://t.me/ape_swap_price
• GitHub: https://github.com/ApeSwapFinance
• Instagram: https://www.instagram.com/ ape_swap /
by ; zaka72
link: https://bitcointalk.org/index.php?action=profile;u=2579374
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