Staking &Yield Farming are one of the best source for passive income .if you are newbie in crypto field and don’t know more about technical analysis & fundamental analysis so please try Staking&Yield Farming option. Buy some coins and hold it on a certain platform and you will be received Some Rewards for your crypro holding.
In this article, we will learn about apeswap, which provides service of yield farming and staking
What is ApeSwap?
ApeSwap is an Automated Market Maker, Staking & Yield Farming platform on Binance Smart Chain(BSC).so you have hold your crypto coins & generate some $BANANA.
$BANANA is the native currency of ApeSwap platform.so Stake, pool and earn $BANANA all on ApeSwap platform. ApeSwap is running on Binance Smart Chain platform so no need to worry about high gas fee that means small retail investors can easily use this platform. There is a good boom in the price of banana coin, so even if we only hold it, we can still get a good return in the future.
Right now the price of banana coin is very low, so my advice is that some coins must be bought
How to use Apeswap
Apeswap is the decentralized swap solution on Binance Smart Chain. Apeswap provide a platform to create completely secured and fast decentralized token swaping system.The main feature for this exchange is they allows users to swap tokens and earn banana. some swap charges applicable in this platform but it's very less. 0.3% swap fee in BNB on every token swap & 0.05% of the swap fee will go to the dev wallet. remaining goes back to the community. apeswap runs into Binance Smart Chain (BSC) so we need to BSC-compatible wallet like metamask,trustwallet.
Here is Apeswap features
- Trade
Apeswap is an automated market maker it’s allow any combination of two tokens to be exchanged on the Binance Smart Chain(BSC). you can swap your coins here.
- Earn
From this platform you can get banana coins in two ways. Pools and Farms.
Pools
There are many cryptocurrency pools available here like banana pool,ont pool, gen pool etc so you have just stake your coins and received your favorite coins as a reward.
Farms
Here you can get banana coins by providing liquadity between two coins.The liquidity provided to the exchange comes from Liquidity Providers who stake their tokens in Pools. In exchange, they get APE-LP tokens, which can also be staked to earn Banana tokens in the farm.
There are many farms available, like Banana/Bnb, Banana/Busd,Busd/bnb, Eth/Bnb, Xrp/bnb etc. and this is just the beginning as many new farms will be available in the future.so Banana pool allows users to earn more banana coins.
- Win
participate apeswap lottery and buy ticket.you receive 4 numbers….at the end lottery is drawn .if numbers 2 or more numbers match in the same order as that of the winning lottery you win some banana coins as a reward.
Click Here for more Details
Particapte upcoming IAO
if you want to catch some hot projects early then please Participate it's Initial Ape Offerings (or IAOs).provide liquidity in banana-bnb pair and While the sale is live put your BANANA-BNB LP tokens to buy the IAO tokens. when sale finish claim your IAO tokens your remaing funds will also be sent back to you.
you can unstake your remaining BANANA-BNB LP tokens if we faced oversubscription during sale.
RoadMap
Audits
Apeswap has completed it's audit process by reputed audit companies
Coin Burning process
Apeswap controls the token supply of bananas by the process of burning .Burning a coin is a process of sending a certain amount of cryptocurrency to a public address that private keys are inaccessible. Sent coins in the future can't be spent, thus coin burn leads to an overall decrease in the amount of cryptocurrency involved in circulation.
There are several burn mechanisms in the road map. The lottery, gnana, iao's burn Banana. There are certain milestones where apeswap burns some of the supply too. Once the burning took place price will go high because total supply is reduce.
For More Information Please Visit : -
- Website
- Medium
- GitHub
- Telegram Announcements
- Telegram Group
- Discord
Thanks And Regards,
@ujjaval
Proof Of Ownership : -
- Bitcoin Talk Profile : - https://bitcointalk.org/index.php?action=profile;u4386
- BSC Address : - 0x7cacc9d56463d006a3DDd9010A8667aB7b135