APESWAP - THE FUTURE OF DECENTRALIZED FINANCING

in defi •  4 years ago  (edited)

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PREAMBLE

The billion-dollar Decentralized Finance (DeFi) industry is about to get a major shove that will set it on the path of trillions. ApeSwap DeFi has innovative features that will make decentralized transactions faster, easier and more scalable for different investors.
I am particularly thrilled by the opportunities the Apeswap presents, especially as they relate to the security of funds at initial stages and ease of raising funds for a new crypto and DeFi projects.

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THE INITIAL APE OFFERINGS.

This activity is a fundraising concept that is helpful to Launch any new tokens on the blockchain. This one is meant to unviel the $BANANA tokens and bring liquidity to the system as you take part in it. Joining this will only require the BANANA-BNB LP token which is available and you will get it just by contributing the $BANANA token to the system with the BNB. You will have the best return and will be able to enjoy liquidity in the token.

THE USE OF $BANANA TOKEN

The more you farm in this platform, the more $BANANA farms will provide more opportunities for the users and make them able to swap and get involved in a lot of farms in the ecosystem. One of the uniqueness of this platform is that it is simple to use and also very compactible with the provided wallet that is supported by Binance Smart Chain. This is why every user must has the BSC compactible wallet. They will swap very easily as they go further with the activities in the wallet. The users wallet can be unlocked through the ApeSwap system to begin using wallet. All you will need is the token and wallet.

BANANA Insurance
Soteria Mutual officially provides coverage for ApeSwap
Using the Soteria protection mechanism, apes now have the option to purchase protection for their $ BANANA, protecting it from any hacks or exploitation. Soteria only includes tokens that have gone through their comprehensive independent audit process, ensuring that only the best and safest projects qualify for coverage. This will provide added peace of mind to all apes regardless of whether they have purchased protection or not.

Jetfuel Security
ApeSwap & Jetfuel conducts due diligence on each project to ensure we provide the best for our community. But that can only go so far. Each of our partners is a separate project and we must trust them to deliver, do the right thing, and be accountable to their own investors and communities.
• Jetfuel & ApeSwap is developing a much more stringent vetting process for our new partners. We aim to establish inspection standards for new projects in the BSC space. Program details will be released as soon as we make them available.
• Each new project we add will be marked with a warning to ensure newcomers understand the potential risks involved.
• Jetfuel & ApeSwap will work with exchanges and other authorities in an effort to recover lost or stolen funds for those affected.

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Non-Fungible Apes

Non-Fungible Apes (or NFAs) are a collection of 1,000 unique, rare, irreversible, cryptographically generated digital apes. Each ape is created by characterizing a string (such as "Strong Ape") to randomly generate a series of 6 characteristics: Base, Face, Frame, Mouth, Eyes, and Top
Each characteristic has a different probability of appearing in each ape generation, making some characteristics much rarer than others. For example, only 32 monkeys had laser eyes and only 107 monkeys had sunglasses. Each ape has a score generated based on the combined rarity of its characteristics
Non-Fungible Apes will be released and sold in batches of 100, with the first batch having a listing price of 0.25 BNB for Common Chimpanzees, with increased prices for apes with rarer characteristics and special names. Only 1,000 Non-Fungible Apes will ever be released.
ApeSwap NFT holders can receive benefits such as airdrops, early access, and more

CONCLUSION

The future of cryptocurrency lays on Defi. ApeSwap platform is one of the long term project that will promote and support Decentralized platform in the long term future and blockchain technology.

Please visit
Website: https://apeswap.finance/
Twitter: https://twitter.com/ape_swap
Telegram: https://t.me/ape_swap
Medium: https://ape-swap.medium.com/

AUTHOR:
Bitcointalk username: Ojonugwa
Bitcointalk profile Link: https://bitcointalk.org/index.php?action=profile;u=2806076;sa=summary
My BSC Wallet Address: 0x989eef053f84cD5da8185a4f812506359F94fcAA

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