The introduction of cryptocurrency into the financial system has enabled the global market to expand massively. Even at it's infant stage, cryptocurrency has helped the global market to grow beyond expectations.
The traditional financial system is experiencing a radical transformation, thanks to cryptocurrency, hence offering opportunity for unbanked persons, investors and cryptocurrency holders to perform transactions easily without negotiating or need of third party or bank.
Furthermore, cryptocurrency also enables people to carry out transactions at affordable charges unlike centralized finance, even individuals are entitled to trade anywhere and at anytime through use of cryptocurrencies coupled with fact that using cryptocurrency for international transactions comes with minimal risks.
Today, Decentralized Finance also known as DeFi is another impressive innovation that is running alongside cryptocurrency to bring more benefits to the general public. The arrival of Decentralized Finance into the cryptocurrency space has served as a catalyst for phenomenal growth to the cryptocurrency sector.
Decentralized Finance is a complete revolution of the traditional financial system that incorporates blockchain technology to make transactions and services fully decentralized.
Activities in DeFi system remains transparent, permissionless, efficient, trustless and effective. Also, scalability and security is further improved with inclusion of community decisions considered through voting, hence system is governed by it's members.
Due to it's potential and advantages, many startups have adopted the DeFi trend to manage their activities and provide better opportunities for people to earn via Staking , Yield Farm, Investing and Lending.
Now, ApeSwap is a fresh innovation that embraces DeFi systems and Protocols to provide automated market maker (AMM), Yield farming and staking to users. ApeSwap platform runs on Binance Smart Chain Network, wherein the platform is essentially forked from Pancakeswap, hence ApeSwap maintains same useability.
Since ApeSwap runs on Binance Smart Chain Network, gas fee is relatively affordable which stands as a great opportunity for retail investors and many people to access DeFi solutions comfortably.
Furthermore, ApeSwap enables users to perform fast token swaps, stake and engage in a pool system that operates similarly to Ethereum's Uniswap platform.
Interestingly, users activity within in ApeSwap is incentivized in form of BANANA Tokens.
What exactly is a BANANA Token?! BANANA is the trademark currency of ApeSwap platform and can be primarily used for staking , yield farm and even, earn more BANANA Tokens with an APR up to 1000%.
Another benefit associated with BANANA Token involves providing opportunity for users to participate in BANANA FRENZY. This is a unique Liquidity mining and staking program implemented to reward early adopters as well generate liquidity for the platform.
The general public is welcome to participate and farm BANANA through ApeSwap platform. Although, the platform was launched with 5 yields farm ie. BANANA/BNB, BANANA/BUSD, BNB/BUSD , BTC/BNB & ETH/BNB, however in order to establish more options to help people tackle financial difficulties, ApeSwap is being continually augmented and has grown considerably to incorporate dozens of farms to ensure people can earn more BANANA regularly.
Website : https://apeswap.finance/
In conclusion, ApeSwap is growing at an incredible rate and the developers aim to offer more novel and beneficial solutions to the cryptocurrency community. Also, the project is very transparent and welcomes contributions from the community, hence ApeSwap have the potential to revolutionize the DeFi landscape for the better.
USEFUL LINKS
Website: https://apeswap.finance/
Telegram: https://t.me/ape_swap
Telegram Channel: https://t.me/ape_swap_news
Twitter: https://twitter.com/ape_swap
Medium: https://ape-swap.medium.com/
Github: https://github.com/ApeSwapFinance
AUTHOR'S DETAILS
Bitcointalk Username: BTalarmus
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1895226
BSC Wallet Address: 0xEcA30ACFe40ab2BB1a472c29b30Dcf3895667986