Ape Swap Partnered With Wyvern

Published on: 18.06.2021

Ape Swap has listed $WYVERN token to their platform and soon will launch a farm.

About ApeSwap

ApeSwap is a Decentralized Exchange – Automated Market Maker, Yield Farming, and Staking platform on Binance Smart Chain (forked from PancakeSwap).

About Wyvern

Wyvern is a fully decentralized, frictionless, yield-producing, Artificially Intelligent token, on the Binance Smart Chain. Offering automated DeFi rewards to holders.

Wyvern token uses a fair system of taxing each token transaction with a constant percentage. Reducing circulating supply, and redistributing Wyvern rewards to holders to create further value for its users. It applies an automated, built-in regulatory mechanism, to mitigate the risks of price inflation, and gradually reduces total supply in proportion with transaction volume and frequency. At the base of the Wyvern Token, is a unique reflector algorithm that utilizes programmed intelligence to implement a fair and consistent passive accumulation of tokens directly to holders’ wallets.

Wyvern Token is also a unit for measuring ownership in the Wyvern Decentralized Autonomous Organisation (DAO): it facilitates the fair operation of the Wyvern DAO, and enables the execution of non-hierarchical decentralized governance for propagation of decisions directed towards the achievement of the DAO’s specified objectives. Finally, Wyvern will be required to access any future blockchain based decentralized applications and smart contracts deployed within the ecosystem.

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