APESWAP: A DECENTRALIZED FINANCE SWAPPING SYSTEM

in apeswap •  4 years ago 

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INTRODUCTION

ApeSwap Finance is a decentralized financial platform that is built to maximize investors' return through lottery, staking and farming on the Binance Smart Chain network. It is a highly secured platform that ensures easy transactions.

The platform is managed by a formidable team that has experience on smart blockchain technology. The Binance Smart Chain was preferred and chosen by the team because it is fast, cheaper and reliable. There has been and will always be continuous auditing of the platform to enhance its transparency and security.

The main aim of the platform is trading and earning through AMM accessible with a Binance Smart Chain compatible wallet.
It is forked from the original PancakeSwap! All codes are at

ABOUT APESWAP

This platform is rising up to the challenges of people in the cryptoworld and is gradually changing the narrative of the cryptoworld. This is why so many other platforms will come and take part in what it is doing in the industry. This innovation is one of the profitable ones having arose on the Binance Smart chain (BSC). ApeSwap is now using its position on Binance Smart Chain to change so many things like staking and swapping on the blockchain and now information is going to be available to the users in respect to the activities the users will be made able to do in it. A part of the provision given in this platform is the Initial Ape Offerings which makes users able to function on the Binance chain as a multi-purpose platform which allows staking and is valid for the yield farming process. This platform is a type of the PancakeSwap, it has so much resemblance and is made to perform the operations in the existing pancakeSwap in a much more acceptable and decentralised way. APESWAP is now a decentralised exchange that will improve the swapping process for all the swapping operations that concerns BEP-20 tokens. This case is quite similar to what happens in other platforms like uniswap and also pancake as they all follow the same principle of operation using the automated market makers. This platform actually covers all aspects of the use of tokens especially on the exchanges. All users can however check out how this might be useful in other aspects of the blockchain. So this is a perfect structure for the market and automatically the market can be participated in as it proves to be very useful and way beyond what the traditional setup can offer

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APESWAP FARMING

This is the depositing of BANANA tokens in the Liquidity pool to earn some returns.

There are various opportunities in the Apeswap platform for the users to grow their fund. There may be some little loss in LP staking, but it is better than leaving tokens idle in the wallet. The platform commenced with the following 5 farms pools has added more farms as can be found at www.Apeswap.finance/farms

BANANA BURN MAP V2.0

This is a process of buying back BANANA tokens in order to control the quantity in circulation and keep the platform safe from inflationary effects. The map triggers the team to burn. This is done regularly to preserve the value of the platform.

APESWAP FINANCE LOTTERY

This is a product of Apeswap finance that is operated on its platform. To take part in the process, a user has to obtain a lottery ticket with 10 BANANA tokens. Each ticket has a 4 digit combination number which will be used to compare the winning numbers to know if it won.

INITIAL APE OFFERING (IAO)

This is a process of introducing new partner tokens into the Apeswap finance protocol. The company raises some funds from this activity.

Participants in this offer use BANANA tokens to buy the newly offered project tokens. They are refunded their excess fund if any after claiming allocated new tokens.

ABOUT BANANA TOKEN

BANANA is the primary token of ApeSwap protocol. It is needed in all transactions in the BSC Ape platforms such as liquidity pools and other introduced partner tokens and products.

BANANA token is transparent, open and has fair launching decisions.

TOKEN EXCHANGE

This is a safe and easy way of trading BANANA tokens using automated pools. The transactions have a trading fee of 3% out of which 0.25% is kept on the platform to settle providers of liquidity and keep the platform growing while 0.05% taken to Apeswap development fund.

LIQUIDITY POOL

This is a method of making money in ApeSwap platform through the provision of funds to the Liquidity pool. Investors provide BANANA tokens to the LP to earn more BANANA.

These investors are paid some returns from the fees charged on trading activities on the platform.
Investors can pull back their staked funds at any desired time.

USEFUL LINKS

Website: https://apeswap.finance/
Twitter: https://twitter.com/ape_swap
Telegram group: https://t.me/ape_swap
Telegram Channel: https://t.me/ape_swap_news
Medium: https://ape-swap.medium.com/
Github: https://github.com/ApeSwapFinance

MY AUTHOR

BTT username: Shwon600
BTT Profile Link: https://bitcointalk.org/index.php?action=profile;u=2843257
Telegram username: @Shwon600
BEP - 20 address : 0xAB9Db8FD951DB3AC1085331d1Ef2Afa7d4CC9c8f

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