INTRODUCTION
ApeSwap is a decentralised finance project built on Etherum blockchain with unique features that will provide solutions to the present challenges facing the present financial system.
Apeswap intends to return financial power to the end users by introducing a platform that will give an unrestricted access to financial services through its platform.
It projects platforms that will enable its users to create and maximize their wealth through staking, yield farming, lottery and other products that may be introduced in the platform through Initial Apeswap Offering.
The transactions on ApeSwap are easy, secured and with low fee charges. The community is managed by a team with tested years of experience in Defi blockchain technology.
APESWAP FEATURES
Exchange
ApeSwap platform enhances trading/exchange of BEP-20 tokens through automated liquidity pools. A transaction fee of 3% is charged on each token exchanged. This fee is utilized as follows:
0.25% is set aside for settling liquidity providers.
0.05% is delivered to the Development Treasury for future development.
LIQUIDITY POOLS
Staking
This method involves depositing BANANA tokens in the Liquidity pool for rewards. The staking pools are found at www.Apeswap.finance/pools
Staking in LP may incur some little loss on the tokens, but it is more profitable than keeping the tokens in the wallet.
Investors can pull back their staked funds at any time.
Lottery
This is a program developed to enrich the users through lottery draws. Participants in the program will have to get the lottery ticket with 10 BANANA tokens per ticket. The ticket has 4 digit numbers which must tally with the lottery drawn winning numbers for the ticket to get winning.
Tickets with 2 or 3 matching numbers will also be compensated with a prize.
BUIDL PROGRAM
Apeswap finance has developed a platform to give great support to newly introduced projects on Binance Smart chain. They partner and reward any project that adds liquidity to Apeswap and meets some criteria.
This program is aimed at building more existing and new projects that are willing to take part in the program. The following steps are taken to participate in the program
INITIAL APE OFFERING
Initial Ape Offering is a platform established by the Apeswap finance protocol to help new projects introduce and liquidate their tokens. These new IAO tokens are bought with BANANA-BNB tokens acquired by staking funds on the Apeswap liquidity pools.
During live sale of the IAO tokens, participants commit BANANA-BNB (LP) tokens to buy the IAO tokens.
Golden BANANA (GNANA)
This is a token created to reward loyal users in the community that have stock and remained loyal to the Apeswap community. Its holders are given preferential treatment in the ecosystem.
BANANA AVAILABILITY CHECK MEASURES
In order to avoid the effect of inflation on the value of BANANA tokens, there is the need for management to check the number of BANANA tokens available in the market.
The management does not want to bench the supply of the tokens to a certain amount, but they put some checks on the number of BANANA tokens available in the market. The measures are:
Reducing Block Emissions
This is a process of checking the supply of BANANA tokens by shortening the quantity of per BANANA tokens produced. Community members are advised to provide funds to the platform because this process will not be done frequently.
Deflationary Measures
This process involves buying back excess BANANA Tokens from circulation and introducing more ApeSwap products into the system.
Project Links:
https://apeswap.finance/
https://ape-swap.medium.com
https://twitter.com/ape_swap
https://t.me/ape_swap
https://t.me/ape_swap_news
https://t.me/ape_swap_price
https://github.com/ApeSwapFinance
https://www.instagram.com/ape_swap/
https://info.apeswap.finance/home
Author Details:
Bitcointalk Username: Shantiga
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2889895
Prove of Registeration: https://bitcointalk.org/index.php?topic=5330167.msg56869453#msg56869453
BSC Wallet Address: 0x093C7E50427C46E3a35D72892C4c53ad8C893203