Unsurprisingly, the DeFi craze isn’t ending soon. The bubble assumption by mainstream media and traditional financial institutions have slowed being eroded. Who wants a 2% interest lending rate when he/she can get 30% through these disruptive DAPPs?
The ApeSwap Angle
ApeSwap is a yield farming protocol that’s changing the DeFi landscape through innovation, novelty and thoughtfulness. Besides offering the usual yield farming, swapping, IAOs and NFA there’s the peculiar BUILDL Program also on the table.
Why BUILDL?
To promote the emergence of new projects, including those in the DeFi space, ApeSwap started the BUILDL program. It can be considered as a sort of mentorship program for projects still starting their journey. Of course, ApeSwap isn’t exactly a large-cap yet, it’s old enough to support projects still finding their feet.
The essence of the BUILDL Program is to assist new and struggling projects in growing, despite the slippery slope nature of the cryptosphere.
Benefits of ApeSwap BUILDL Program To DeFi
DeFi projects are bound to gain a lot on getting accepted into the BUILDL program. Not sure what these gains might be? Here’s a breakdown of just how incredible the BUILDL Program truly is:
1.Marketing Support
Projects that get into the BUILDL Program can be sure of one thing: marketing assistance. The ApeSwap team will promote the BUILDL apprentice even before it gets into the wild. Take Memex.exchange for instance; ApeSwap has continuously shilled the Meme exchange though the project is at its pre-sale stage.
Of course, you might debate the ApeSwap’s marketing prowess, but the project has come a long way from its launch in February. $Banana, the ApeSwap native token has gone on to record over 700% price increase over the past few weeks, a clear indication of just how capable the ApeSwap marketing machinery truly is.
2.Seed funding
Another interesting benefit for DeFi projects that sign up for the ApeSwap BUILDL Program is the funding attached. The yield farming protocol considers graduates of its BUILDL Program as its children, and no mother sends her kids into the wild without equipping them accordingly.
Once a project has successfully concluded its BUILDL Program, the ApeSwap team will hand over decent financial support that covers the basics required for the growth of the project. Of course, DeFi projects will appreciate such a generous gesture.
3.Trading fees sharing
From afar, this might not feel like a benefit as a project would like to keep all the revenue generated from trading its native token. But since the trades in question happened on the ApeSwap DEX, it’s such a big deal. Most DeFis don’t share trades that occur on their DEX with others, so ApeSwap’s offering is rather generous.
Final Thoughts
The ApeSwap BUILDL Program is expected to groom the next-generation projects, especially when you consider all the benefits attached. Of course, it’s for only projects that meet the ApeSwap criteria, which aren’t so bad if we’re being sincere.
The BUILDL Program is the opportunity many DeFi projects have been waiting for. Thankfully, it’s here. It’s time to totally disrupt the financial sector.
For more information about this project you can see it below:
ApeSwapFinance App: https://apeswap.finance/
Medium: https://ape-swap.medium.com
Twitter: https://twitter.com/ape_swap
Telegram: https://t.me/ape_swap
Announcements: https://t.me/ape_swap_news
AUTHOR
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2366155;sa=summary
Bitcointalk Username: Asgard124
Wallet Address: 0x179057838Fe65565fd46B05f0B0FA9C362dE26b4
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