ApeSwap – Farming Protocol on Binance Smart Chain

Published on: 31.05.2021

Everyone wants to earn more tokens by just staking your assets with high APR, right? Why don’t you try ApeSwap? It says that it could be the next Uniswap because it has the same principles that all the Automated Market Makers are built on. Apeswap built on the Binance Smart Chain Network to lessen the fees of the users and to provide faster transaction unlike in the Ethereum. Also it has its own token called $BANANA and $GNANA.

 

ApeSwap

Decentralized Exchange / Automated Market Maker, Yield Farming, and Staking platform running on Binance Smart Chain.

 

Tokenomics

• What is $BANANA?

BANANA is the native token of ApeSwap. Users can participate in the liquidity pools or other activity on the platform by just having BANANA token.

• What is $GNANA?

GNANA is a governance token that you can use to vote on changes in ApeSwap platform. GNANA has a 2% reflect fee it means that if someone makes a transaction they pay a 2% reflect fee that goes to all GNANA holders.

GNANA is a ticker symbol for exclusive IAO and pool access. This token is designed to reward the loyal ApeSwap community.

 

ApeSwap Features

 

• What is BANANA farms?

You want to grow your BANANA? This is for you. Basically this is where you stake your BANANA to earn more BANANA. 2 pools are available at this moment. BANANA/BNB LP and BANANA/BUSD LP. You can still farm different tokens from ApeSwap.

Check it here: https://apeswap.finance/farms

 

• What is Initial Ape Offering?

Initial Ape Offering – fundraising activity for the tokens that will going to launch on ApeSwap platform and bringing liquidity for that tokens.

Previous Successful IAOs
  • Astronaut
  • ApeRocket
  • Jdiyield
  • Bitfresh

 

• Swapping

Just like Pancakeswap, Apeswap offers a wide range of different assets that you can choose to swap your tokens. Fast transaction with more or less 20-30 cents transaction fee.

 

• Lottery

Lottery is every 24 hours and user must match 4 numbers on their ticket. Big prizes is guaranteed for the winning ticket.

 

• Non-Fungible Apes (NFA)

1,000 immutable, rare digital apes are generated cryptographically.

 

• Yield Farming

This is the place that offers the highest rates. You can combine 2 different tokens to create a liquidity pair and this is the fastest way to earn more BANANA in my opinion.

 

ApeSwap is easy to use. Make sure to have a personal wallet like Metamask or Trust. Just go to their website and connect your wallet.

 

 

Website: https://apeswap.finance/

Telegram: https://t.me/ape_swap

Discord: https://discord.com/invite/AbVxfGRCSd

Twitter: https://twitter.com/ape_swap?s=01

 

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