Binance Smart Chain (BSC) is a smart contract-enabled parallel blockchain to Binance Chain that provides a permissionless platform for decentralized applications (DApps). Binance launched Smart Chain to provide a high-speed, low-cost alternative for the burgeoning decentralized finance (DeFi) market. ApeSwap is a Decentralized Exchange / Automated Market Maker, and Staking platform running on Binance Smart Chain, with lots of other features that let you earn and win tokens.
Roadmap of ApeSwap
ApeSwap. Finance Tentative Timeline
April 2021:
● Advanced burning mechanics (e.g., Golden Banana)
● UI revamp & enhancements
● NFA page enhancements
May 2021:
● Continuing to strategically bring new farms and pools to ApeSwap
● NFA Initial Sales Platform
June 2021:
● Integration of governance mechanisms
September 2021:
● Auto-compounding farms and Vaults
Farms and Pools on ApeSwap
Farms incentivize users to provide liquidity for your trading pair by distributing Bananas to your pair's LP Token holders.
Pools are a way of distributing your tokens to BSC users who stake Banana in the pool.
These two products go hand-in-hand on ApeSwap: when a project provides their tokens for a Pool, we'll also consider creating a Farm. If you're looking to distribute tokens and incentivize liquidity, get in touch.
Liquidity Provider (LP) Tokens of Apeswap
Liquidity provider tokens (LP tokens) are created and awarded to a user that deposits assets into a liquidity pool. LP tokens represent the share of the liquidity pool that the liquidity provider owns. LP tokens are ERC-20 tokens that can be transferred, exchanged, and staked. A liquidity provider is a user who deposits tokens into a liquidity pool. In return for supplying liquidity, users are typically awarded liquidity provider (LP) tokens that represent the share of the liquidity pool user owns.
IAOs (Token Sales)
"IAO" (Initial Ape Offering) is the model of token sale employed by ApeSwap. Here's how it works, in short:
● Users buy your token with Banana-Bnb LP tokens
● After the sale, we distribute the BNB to you and burn the BANANA.
Listing on the Exchange
How can you list your token on the exchange?
Anybody can "list" any BEP-20 network token on ApeSwap. You don't need to contact us or ask permission. You just need to add liquidity to a liquidity pool - that's it. Traders can then trade your token by entering your token's contract address.
How can you add your token to the default list?
You need to either: Have gone through the Build program, launched a Pool, or launched an IAO in order to be added to the list.
ApeSwap doesn't accept requests to add tokens to the approved list at this time.
How can you add your token's logo/icon on the Info page?
ApeSwap's exchange references Trust Wallet's excellent assets collection for icons
ApeSwap was built by DeFi Apes, for DeFi Apes. Banana is the native currency of the ApeSwap platform. Stake, pool, and earn Banana (along with many other tokens) all on ApeSwap. The exchange is an automated market maker (“AMM”) that allows any combination of two tokens to be exchanged on the Binance Smart Chain. You can earn Banana with yield farms, earn Banana through staking, and earn even more tokens with their pools.
Website: https://apeswap.finance/
Channel : https://t.me/ape_swap_news
Medium : https://ape-swap.medium.com/
Github : https://github.com/ApeSwapFinance
Author:
BTT Username: oscarclows
BTT Profile: https://bitcointalk.org/index.php?action=profile;u=1769225
BEP 20 Wallet: 0xD01D015CCe1c272a28844D1DfB48181E7De56384