ApeSwap - An Automated Market Maker, Yield Farming, and Staking platform on Binance Smart Chain

Creating an ecosystem where the mutual transactions are done just in a few clicks with more security, fast speed, with low cost, anonymously and without the interference of third parties is the next level technology revolution which has some how taken over the existing centralized mode of transactions where the users don't have full control of their assets and are liable to third parties. In the contrary in decentralized ecosystem users can trade freely in a trustless environment and the whole process in decentralized ecosystem is totally transparent and the data is stored on blockchain in a distributed ledger and is easily accessible for its authentication. This reduces the risks of manipulation and misuse of data. Decentralized ecosystem is fully supported and executed via decentralized exchange (Dex) which allows for direct peer-to-peer cryptocurrency transactions to take place online securely and without the need for an intermediary.
Binance smart chain because of its fast speed and low cost transaction fee is the best platform for decentralized dex to grow and get mass adoption in the market. Lots of such platforms are emerging on Binance smart chain and many of them are scam and soon rug out and vanish from the market. But there are solid platforms like Goose Finance and PancakeSwap which are much established and the new emerging platforms on Binance smart chain are their forks and not more than their copy which is imposed in market in a new wrapper.

ApeSwap

ApeSwap is an Automated Market Maker (AMM), Yield Farming, and Staking platform on Binance Smart Chain (forked from PancakeSwap). this project is not a copycat like the other lots of emerging platforms who only intend to follow Goose or pancakeswap and claim as their forks. So that makes no sense as we can ask what is the next level benefit if the new project is just same copy but in a new wrapper!! So to give its community best control and best trading experience, Apesawp platform though it is a fork of Pancakeswap is thinking and implementing a new concept and has created its own AMM and has best price oracle system, has its own dex with various own applications and protocols where the users of this platform can exist as a single unit and help each other while using all the benefits of the next level technology development revolution with the help of this innovative platform. This platform has been created with an ambition of providing our own market, with its own data, rather than simply reflecting PancakeSwap.

ApeSwap uses an automated market maker (AMM) model which has its own mathematical formulae to get the exact current price of any asset. Thanks to innovative system of this protocol that instead of using traditional order book to execute orders, this platform has an innovative price oracle system and get the latest and reasonable price of asset from different reliable sources and the technologically advanced smartchain and nodes of this platform runs all the collected information and figure out the exact price of the asset. ApeSwap runs with such a protocol that while you can trade digital assets on the platform, there isn't an order book where you're matched with someone else. Instead, you trade against a liquidity pool. Those pools are filled with other users' funds. That means this platform is built to provide more speed, low cost transactions with best current price and immediate execution of transactions with the help of liquidity which this platform provides.
This platform is created by an innovative and hard working team to boost up DeFi adoptions and gathering mass community to get acquainted with DeFi, its applications and protocols which are the game changer of the market. It is possible since the project has an experienced and knowledgeable team who has tons of experience in blockchain and its innovations like DeFi and NFTs.
Trading is very smooth on this user friendly platform. In just a few clicks, user of this platform is able to execute transactions with fast speed ad low cost. The process is :

• Go to the exchange page https://apeswap.finance/
• Unlock your Binance Smart Chain Wallet (top right-hand side).
• Select the tokens you wish to trade and enter the amount.
• Check the details and click “Confirm Swap”.
• Confirm the transaction in your wallet.
• Done! You can click “View on bscscan” to see your transaction details.
  ApeSwap supports all transaction in a fast, secure and transparent ecosystem. The users are allowed to transact anonymously without revealing their identities and further all the tension and obstacle of mutual trust is taken over by this creative platform and thus users of this platform can operate worldwide and get best trading experience while their all problems are handled by the best helpful team and support of this platform which is 24/7 is available to sort out any query or problem and help the community.

This platform is the first of its kind that has mission to create a community which exist like a big joint family on this platform. A robust, vibrant, and happy community is the #1 priority for keeping ApeSwap thriving. The community under the support and guidance of project team is actively taking part in all the project development activities and helping the project to grow rapidly in the future and also helping the members who need financial help. This platform has created a system where all the community members donate as per their will and this collected amount is stored in a separate wallet and is used to help for sorting out the problems of the members who really need help. So this is a family oriented ecosystem where there is a feeling of security and taking care like a big joint family and believe it this is the best aspect of this platform which really counts and differentiate this platform from the existing such platforms.

This platform provides lots of earning opportunities as the users of this platform can do staking and farming to earn passive income from the assets which they hold in their wallet. All the transactions, applications and protocols of the platform are done with the help of native token whose ticker is BANANA. This platform has created a special liquidity and mining program called $BANANA Frenzy. Here’s how it works:
• The first 72 hours, 40 $BANANA minted per block
• The second 72 hours, 20 $BANANA minted per block
• Forever after, 10 $BANANA minted per block

This platform has its native token BANANA and is focused on creating its own farms where the users can do yield farming. Banana has various usages on the platform and the holders of banana tokens are able to use all the applications of this platform with fast speed and low fees. To increase the demand and value of Banana token this platform has various burning programs schedules. Burning of Banana is the process where the team is going to reduce the existing total supply of Banana tokens regularly as per burning schedule:

The dev team is well aware of market competition and to create more demand of banana tokens apart from burning they are working on plans of creating more cool applications to increase the use case of banana tokens. Also team is working out and executing various partnerships to build a sold base where they can create this vibrant, helpful and active big joint family empire as this is well said in this platform, "We joke about monkeys and bananas, but at the end of the day, our community is top of mind". This project has potential and is already getting mass adoption in the market. It is good to join this rising platform as soon as possible since the early adopters always gain more. As the project is getting more hype, the demand will increase and with more demand, the price will increase.

Useful Links

• ApeSwapFinance App: https://apeswap.finance/
• Twitter: https://twitter.com/ape_swap
• Telegram: https://t.me/ape_swap
• Announcements: https://t.me/ape_swap_news
• GitHub: https://github.com/ApeSwapFinance

Writer

BTT Username: aksh2596
BSC Address: 0x6a3e456b79dad0e766ec89be1e0ee3fd09a28488