ApeSwap

 

NEXT GENERATION AMM DECENTRALIZED EXCHANGE

INTRODUCTION

ApeSwap is an Automated Market Maker, Yield Farming, and Staking platform on Binance Smart Chain (forked from PancakeSwap). ApeSwap was 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. Stake, pool, and earn $BANANA all on ApeSwap.

DeFi which is otherwise known as Decentralized Finance has been a big blessing to the blockchain industry and the world at large. As we know cryptocurrency serves as a decentralized store of value that is secured, DeFi creates a decentralized financial instrument free from traditional centralized institutions. The DeFi world has seen rapid growth in 2020, back in 2019 the worth of the DeFi industry was $275M. But by Feb 2020 it value grew significantly totalling $2.5B in early July, $3B by mid-July, and $4B on the 25 of July. This growth rate indicates the rise in interest of the masses in DeFi.

Just like the ICO boom of 2017–2018, they have been a rise in scam project within the DeFi space. This scam project has taken advantage of the rise in popularity of the DeFi industry. The people most affected are, newcomers, into the DeFi space who haven’t or cannot properly research these projects. As a writer in the blockchain industry, I have decided to create this post to help newcomers in identifying legit and genuine projects. They are a lot of them out there. Today I would be talking about one of the best I have come across. I must say this project is one of the DeFi project survivors of 2021.

 Are you a fan of #DeFi and #NFTs because you can easily get a passive income by just doing staking and add pools liquidity to receive some nice reward? If yes, this article is was really suitable for you and I have something spicy for you.

As you know Automated Market Maker (AMM) has become the famous target for any kind of investment activity right now the reason was simple, because of a successful AMM project like Uniswap, PancakeSwap & BakerySwap is one of the reasons to motivate other developers to create another AMM Decentralized Exchange and I want to give you another project with the same like them.

WHAT IS $BANANA?

$BANANA is the native currency to ApeSwap. It’s required to participate in most of our initiatives, liquidity mining campaigns, and liquidity pools

WHAT’S THE VISION FOR APESWAP.FINANCE

Community — We are DeFi Apes, and we have to look out for each other. A robust, vibrant, and happy community is the #1 priority for keeping ApeSwap thriving. We joke about monkeys and bananas, but at the end of the day, our community is top of mind.

$BANANA Utility — Our dev apes will continue working furiously to implement new features to get the most use out of your $BANANA! We understand the importance of creating utility, holding patterns, and demand for our dear Apes

Collaborations — We understand the importance of working with other #BSC projects in the space. We are actively looking and discussing with projects across space to land mutually beneficial partnerships.

WHY APESWAP?

Binance Smart Chain (BSC) is the place to be in DeFi at the moment, no question about it. You only have to witness the sheer number of pancake-swap style Automated Market Makers (AMM’s) launching every single day to see how fast space is growing.

Secured Code: No Rugs

ApeSwap.Finance was to add a 24 hour time lock to our smart contract and remove all migratory code (ie, the infamous “rug pull code”). This means, even if one of our apes went rogue (they won’t) and tried to maliciously amend the smart contract, you would be able to see the change 24 hours before it was actioned. Therefore, there would be ZERO benefits to anyone in trying to make such a change. Everyone would have plenty of time to leave the jungle with their $BANANAS before the change could be executed. Plus no migrator function! There will be no rugs.

PROJECT INFORMATION

Token : BANANA

Symbol : $BANANA

Total Supply : 22,393,982.513353

BananaToken: 0x603c7f932ED1fc6575303D8Fb018fDCBb0f39a95

ROADMAP

March 2021: Introduce Lottery System, Non Fungible Apes, and additional UI enhancements

April 2021: Advanced burning mechanics (More to come on this soon!) and UI revamp, NFA marketplace

May 2021: Additional utility and gamification for NFA holders, CEX Listing

June 2021: Add $BANANA Governance

September 2021: AutoFarm and Vaults

November 2021: Variable Yield Farms — gamified pools where the yields grow with liquidity and participants.

CONCLUSION

Apeswap allows you to make huge profits when compared to traditional investment schemes. In a traditional or centralized investment company, there will be a third party accessing or handling your assets. This is the main drawback of centralized investment companies. They do not offer transparency to investors and are not responsible for the funds invested.

Since Apeswap is a decentralized platform, there are no middlemen handling your assets. Thus, you have complete control over your assets. You will be accounted for what Apeswap does with your money and every transaction is recorded in the Binance Smart Chain.

FOR MORE INFORMATION CLICK LINKS BELLOW: 

• Website: https://apeswap.finance/
• Medium: https://ape-swap.medium.com/
• Telegram: https://t.me/ape_swap
• Github: https://github.com/ApeSwapFinance
• Instagram: https://www.instagram.com/ape_swap/

Author: Batu permata

My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1875984

BSC Wallet Address: 0xB38D41f33bcfB36b083F6AC9078003e5F45f6525