Introduce

If you are a crypto user, you will notice that the DeFi trend has exploded in the crypto market in recent months. This is not without reason, because with the presence of a decentralized financial platform, you can maximize your profits in the volatile crypto market through functions. different like bet, profit, loan / borrow, management, etc in the crypto market, it is very easy for crypto users to get passive income.

Seeing the DeFi trend, ApeSwap was introduced as a DeFi platform allowing users easier and more secure access to various DeFi features like zoning, farming, etc. ApeSwap is an offshoot of PancakeSwap, one of the most popular DeFi platforms available today. market. Hopefully with ApeSwap, it will be easier for crypto users to maximize their profits in the crypto market.

What is ApeSwap ?

Now there are many DeFi platforms circulating in the market, providing features and solutions for global crypto users. ApeSwap is one of the DeFi platforms that offers different DeFi features to global crypto users. ApeSwap is a decentralized auto market maker / exchange, profitable farming and betting platform powered by Binance Smart Chain, which is the best blockchain technology on the market today. By adopting BSC, the platform can run faster, more efficiently, with lower fees, more secure, and backed by a good BSC ecosystem. ApeSwap is an offshoot of PancakeSwap, the best DeFi platform, so ApeSwap's reliability is undeniable.

ApeSwap was developed by a team of experts with experience in the crypto market and committed to providing a DeFi service that allows all users, whether they are experts or novices, with a user-friendly interface. use by ApeSwap. Unlike PancakeSwap, users can use the platform more easily and quickly.

Capabilities of ApeSwap

In ApeSwap, anyone can maximize their profits through the various features offered, such as betting, profit and others. There is no limit to users, anyone can bet, pool and earn $ BANANA on ApeSwap. Here are the features of ApeSwap:

Farms: ApeSwap allows users to maximize their return on investment with BANANA token farms. Users will receive rewards in the form of BANANA tokens, which will be equally distributed among all participants.

Pools: If users want more profits, they can join the pools provided by ApeSwap and get more BANANA tokens.

Exchange: ApeSwap offers an exchange platform that allows users to exchange their tokens for as low as 0.3% of the swap fee. 0.05% of the swap goes to the developer's wallet and the rest to the team.

Initial Ape Offer: Like the IEO, IAO is a fundraising platform for new tokens and provides liquidity for those tokens. All users who want to participate in this platform need BANANA-BNB LP token as a condition to participate.

Lottery: ApeSwap also offers a lottery platform for users who want to try their luck. ApeSwap only charges 10 BANANAS per ticket.

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$ BANANA token ApeSwap is a DeFi platform with its own token, these tokens launched under the BANANA token name will promote the platform. BANANA token is based on Binance BEP-20 with total supply of 22 220 050.505542 BANANA with write mechanism. Users can receive these tokens through available exchanges. Here are the detailed information of BANANA.

On Farms, you can bet LP (liquidity provider) tokens paid with BANANA or another cryptocurrency up to 342.48% APY on some of them. All that for a penny cost.

To wager some BANANA tokens, you first need to have a number along with contact BNB in order to charge a fee and transfer both to a wallet maintained by ApeSwap. Once checked, you will be back at any time and you will really want to receive the amount of BANKS you have purchased and secure the prizes.

Adding liquidity will be possible in a matter of seconds and you should choose the symbolic currency pair you want to keep to increase your liquidity. At the point when you provide liquidity to the pools, you will need to confirm the transfer of tokens to the pool.

The yield obtained from farming is unbelievable compared with the cost of conventional bank loans. So with some LP tokens from ticking and now you can bet them and buy BANKS through the "Farm" tab in the left sidebar. Then, choose the coordination option with your LP token.

The following most important component of ApeSwap is IAO (Initial Ape Offer) which allows customers to nurture new tokens through BANANA. The initial Ape offering is a method of raising money to send new tokens and bring more liquidity to those tokens. As a rule, you will request BANANA-BNB LP tokens to join IAO and exchange those tokens for tokens sent for the joint venture to receive BNB, ApeSwap using BANANA.

Furthermore, this stage offers a lottery option where you can buy tickets with BANANA and win big pots that cause the token to fall into a deflationary state and the total amount of a game can be swapped. exchange due to the number of tickets the customer has bought but it can grow into hefty sums of money.