DeFi Decentralized Funding is a term used to take advantage of the blockchain to create networks of transactions in which users can access and operate without any intermediaries or regulatory intervention. More intuitively, you can understand that decentralized finance is a collection of applications that provide financial services such as transactions, loans, investments or payments on the Blockchain platform. These applications are also known as decentralized applications or dApps where users can access P2P peer-to-peer network.

The most notable project of 2021 is the Apeswap Finance decentralized exchange.

advantages of using the Apeswap Finance platform

"Real" users own their own assets
Many banks today are looking to give their users more control. But in reality, you still have to hand over your assets to them and hope that they will be well managed. With the advent of decentralized financial applications, an era has come where users have full control over their assets without any third party intervention, which minimizes risk.

Optimize speed and cost
Using Blockchain as a technology platform and eliminating intermediaries helps speed up transactions and payments in dApps. At the same time, reduce the costs associated with these activities. According to the World Bank RPW and Deloitte, while the transfer fee in traditional financial systems averages 7%, while in decentralized financial systems it is only 3%.

Greater availability
In the traditional financial system, there are dozens of barriers that impede a person's access to financial services, including social status, financial capacity, or geographic distance. With decentralized finance, the above won't be a problem as long as you have an internet connection and a smartphone. Anyone can use financial services in dApps.

What is APESWAP FINANCE?

The Binance Smart Chain (BSC) ApeSwap decentralized exchange uses the permission of less liquid groups due to algorithms. This creates what are called Automated Market Makers (AMMs) that allow people to trade their digital assets using liquidity pools. In AMM, users can lend their money, which, once deposited, becomes a liquidity provider (LP) - the main pillar in terms of interaction with products, where users can exchange their property without depositing their underlying collateral. This allows users to boast of fast transactions and outstanding fees compared to Ethereum. As a platform for trading cryptoassets with a user-friendly interface and tools for tracking and managing assets, ApeSwap offers unique ways to profit from “saving electronic money”.

At ApeSwap, we use our farms to primarily incentivize users to provide liquidity for their favorite projects by rewarding them in BANANA. We are foremost a DEX, so the more liquidity we have the more users can trade. It's in our best interest to encourage liquidity for popular trading pairs on ApeSwap! Using our farms, users can stake their APE-LP tokens after providing liquidity to earn high APYs through our platform.
If you're considering supplying liquidity to one of our pools in order to farm, it's important to understand the effects of impermanent loss. For a great guide on impermanent loss, check out this article from Binance Academy.

farming

one of the hottest topics in decentralized finance and a way to try and maximize return on capital through the use of various DeFi protocols. In addition, users can move funds between different protocols or exchange some of their tokens for others that generate more profit.
So with their own BEP-20 token (BANANA) that can be staked or distributed across pools, they will provide tokens from other BSC projects, and it's very easy to use. BSC's fees are much lower than Ethereum, ranging from $ 0.04 to $ 0.20, and the transaction takes about five seconds.

Token BANANA

Token: BANANA
Symbol: $ BANANA
BananaToken: 0x603c7f932ED1fc6575303D8Fb018fDCBb0f39a95
MasterApe: 0x5c8D727b265DBAfaba67E050f2f739cAeEB4A6F9
SupportApe: 0x54aff400858Dcac39797a81894D9920f16972D1D
BananaSplitBar: 0x86Ef5e73EDB2Fea111909Fe35aFcC564572AcC06
MultiCall: 0x38ce767d81de3940CFa5020B55af1A400ED4F657
Time block: 0x2F07969090a2E9247C761747EA2358E5bB033460
ApeFactory: 0x0841BD0B734E4F5853f0dD8d7Ea041c241fb0Da6
ApeRouter: 0xC0788A3aD43d79aa53B09c2EaCc313A787d1d607

ApeSwap website: https://apeswap.finance/
ApeSwap docs: https: //obiedobo.gitbook.io/apeswap-f ...
ApeSwap environment: https://ape-swap.medium.com/
Telegram ApeSwap: https://t.me/ape_swap
Telegram ApeSwap Announcements: https://t.me/ape_swap_news
#defi #apeswap #BSC #binane #binancesmartchain #cryptocurrency
Author: Mahadel
Profile: https://bitcointalk.org/index.php?action=profile;u=2754204
wallet: 0x8Fc11017ce1Da90EE7F1f69C039579877EBD4d4e