ApeSwap
ApeSwap is a multi-purpose DeFi platform that you can use for Yield Farming and Staking.
ApeSwap is an automated market maker (AMM), yield farm, and betting platform on the Binance Smart Chain. Interestingly, this app is actually a fork of PancakeSwap and retains many of the same uses. BANANA is the native currency of the ApeSwap platform and allows users to bet, collect and earn more BANANA tokens with APY up to
The world of DeFI sees rapid growth in 2020, back in 2019 the value of DeFI's industry was US $ 275 million. But as of February 2020, its value has grown significantly and reached $ 2.5 billion in early July, $ 3 billion in mid-July, and $ 4 billion by 25 July. This growth rate shows the increasing interest of the masses towards DeFI.
Just like the ICO boom in 2017-2018, they saw an increase in the number of fraudulent projects in the DeFI space. This fraudulent project took advantage of the popularity of the DeFI industry.
The people most affected by this are newcomers to the DeFI space who don't own or can't properly research these projects.
As a writer in the blockchain industry, I decided to create this post to help newbies identify projects that are legitimate and real.
There are tons of them. Today I'm going to tell you about one of the best I have come across. I have to say that this project is one of the DeFi projects that are still around in 2021.
What is ApeSwap?
ApeSwap is an automated market-building platform for growing and storing crops on the Binance Smart Chain (a fork of PancakeSwap). ApeSwap is built by DeFi Apes, for DeFi Apes. We have a dedicated team of experienced monkeys who have been in the crypto space for years. $ BANANA is the native currency of our platform. Place bets, collect and receive $ BANANA at ApeSwap.
About the $ BANANA token
$ BANANA is ApeSwap's native currency. Must participate in most of our initiatives, liquidity mining campaigns and liquidity pools.
What is ApeSwap.Finance's vision?
Community - We are DeFi monkeys and we need to take care of each other. A strong, energetic and happy community is ApeSwap's # 1 priority to thrive. We joke about monkeys and bananas, but in the end, our community wins.
$ BANANA Utilities - Our developer monkey will continue to work hard to implement new features to get the most out of your $ BANANA! We understand the importance of creating utility, storage patterns and demand for our dear monkeys.
Collaboration - We understand the importance of working with other #BSC projects in space. We are actively looking for and discussing interior projects for mutually beneficial partnerships.
Why Choose ApeSwap?
The Binance Intelligent Chain (BSC) is whoever is currently at Defi, no questions asked. You just have to look at the many Pancake-Swap-style Automated Market Builders (AMMs) being launched every day to see how fast the space is growing.
ApeSwap.Finance will add a 24 hour time key to our smart contract and remove all migration codes (i.e. well-known tapestries). This means that even if one of our monkeys becomes a scammer (they don't want to) and maliciously tries to change the smart contract, you will be able to see the change 24 hours before the action begins. Hence, there will be ZERO benefits for anyone trying to make such a change. Everyone will have enough time to leave the forest with their $ BANANA before changes can be made. Plus there's no migration function! There will be no carpet
Audit
Smart contract audits are expensive. More than just bunches, bunches and bunches $ BANANA can cover. However, the safety of our monkey funds is our most important consideration - and we know how important quality audits are to you. Therefore, we did not just do one of them, but did TWO audits. One of them is Permata BSC, the other is Certik.
Partnership
Monkeys are friendly creatures - we love partnerships - and we don't have them, but TWO jungle parties (social distancing!) Have been great in recent weeks as we welcome BakerySwap.org and Beefy.Finance to the Monkeys family.
BANANA Drive
The first $ BANANA car opened to receive $ BANANA donations and other tokens for 3 days, and we raised over $ 4,000 for our sweet primate. To prove our commitment to this project, we use 100% of our proceeds for buyback and incineration.
For each swap, a commission of 0.3% is charged (standard for all DEX), 0.05% of the amount of each transaction goes to the Treasury Ap wap. During the first 3 months, 100% of our Apeswap Treasury will be used to buy back and burn $ BANANA. At the end of this period, we will reassess the best use of the tool in the community.
The roadmap for the milestone for 2021 has been outlined on the platform's blog and anything that goes well must be accomplished in time. Apart from that, ApeSwap is very open to community and user participation and all users are invited to contribute ideas and things they would like to see on the trading platform.
- March 2021: Introducing the Lottery System , Non Fungible Apes , and additional UI improvements
- April 2021: Advanced combustion mechanics and UI overhaul, NFT market
- May 2021: Additional utilities and gamification for NFT holders, listing of exchanges
- June 2021: Add BANANA Governance
- September 2021: AutoFarm and Vaults
- November 2021: Variable Yield Farm - a gamified pool in which yields grow with liquidity and participants.
For more information on this project you can view it below:
ApeSwapFinance App: https://apeswap.finance/
Medium: https://ape-swap.medium.com
Twitter: https://twitter.com/ape_swap
Telegram: https://t.me/ape_swap
Pengumuman: https: //t.me/ape_swap_news
Telegram Harga: https://t.me/ape_swap_price
GitHub: https://github.com/ApeSwapFinance
Instagram: https://www.instagram.com/ape_swap/
Apeswap Analytics: https: / /info.apeswap.finance/home
by; Lamonganz
link: :https://bitcointalk.org/index.php?action=profile;u=3198651
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