ApeSwap Farms & Staking

DeFi known as Decentralized Finance has been a big blessing to the blockchain industry and the world at large. As we know cryptocurrency serves as a decentralized store of value that is secured, DeFi creates a decentralized financial instrument free from traditional centralized institutions. The DeFi world has seen rapid growth in 2020, back in 2019 the worth of the DeFi industry was $275M. But by Feb 2020 it value grew significantly totalling $2.5B in early July, $3B by mid-July, and $4B on the 25 of July. This growth rate indicates the rise in interest of the masses in DeFi.

About ApeSwap

ApeSwap is a decentralized exchange / automated market maker, crop growing platform on the Binance Smart Chain (forked from PancakeSwap). ApeSwap was created by DeFi Apes for DeFi Apes. We have a dedicated team of experienced monkeys who have been working in the crypto space for many years. $ BANANA is our platform’s own currency. Place bets, combine and earn $ BANANA on ApeSwap.

You can view our platform and more information at ApeSwap.Finance

What is $ BANANA?

$ BANANA is the native currency for ApeSwap. Requires participation in most of our initiatives, liquidity mining campaigns and liquidity pools.

$ BANANA make the world go round.

How can i use ApeSwap?

Find a wallet compatible with Binance Smart Chain (we recommend MetaMask). Here’s a great guide on how to get started! Go

at ApeSwap.Finance to trade, bet and combine.

Earn $ BANANA!

Does ApeSwap have liquidity mining?

Yes! We start with $ BANANA Frenzy. Click this tab to find out more.

Does ApeSwap use its own liquidity pools?

Yes! ApeSwap uses its own original liquidity pools :)

Where did ApeSwap get its code from?

We are a fork from the original PancakeSwap! See all our code on our GitHub at https://github.com/ApeSwapFinance

Token $ BANANA

Monkeys need to eat. It’s a pretty simple concept. This is why we created ApeSwap to create the $ BANANA token to fuel the Binance Smart Chain Ape community.

At the end of the day, we’re all trying to get connected to the next big project. Well, ApeSwap is a project and we are sending monkeys to the moon.

We plan to stick to a number of pillars:

Transparency: around the token and our project and our actions. We understand that this trust will take time to build.

Fair Launch: Check out the disclosure section for a list of all the decisions we made in connection with the launch and why we made those decisions.

Disclosure of Our Activities: If we spend funds on development, we will document what those funds were used for in the Development Fund section of this GitBook and include the TX hash. If we update smart contracts, we will use a temporary lock and document this.

Decentralized finance is gaining momentum and we are very monkeys (new optimism) on Binance Smart Chain. We think we can do better than any existing project and are thrilled to ride this rocket with all the real DeFi monkeys.

Symbol: $ BANANA

Token Name: Banana Token

Community Leader: Obi Dobo, zoo caretaker and grandfather of CZ. He keeps the monkeys in order, also $ BANANA tokens make him happy;)

Community name: Apes

If you imitate ApeSwap, you will need to farm more than $ BANANA. We will have many opportunities to grow this sweet, sweet $ BANANA.

ApeSwap started with 5 starter farms:

BANANA / BNB

BANANA / BUSD

BNB / BUSD

BTC / BNB

ETH / BNB

Since then, we have been constantly adding farms for well-known projects and new partners. Visit ApeSwap.Finance/Farms anytime you want to see the latest offers from farms!

Pools

Monkeys want to have fun together, and when you are having fun, you get hungry. That’s why we have a banana pool so you can have fun with other monkeys and eat more bananas. Obi Dobo will keep the zoo tidy and the bananas ripe and ready to harvest.

Initially, we only started with the $ BANANA pool, but since then we have added and continue to add new pools for all our monkeys. For the latest news on pools, visit ApeSwap.Finance/Pools.

ApeSwap exchange

Apes standard stuff, 0.3% swap fee. Obi Dobo needs to keep the zoo operational so we can keep the rocket on its way to the moon. 0.05% of the swap fee will go to the developer wallet. The rest go to the monkeys at the zoo.

Burning Map $ BANANA V2.0

The monkeys in ApeSwap love to burn $ BANANA. We try to keep things interesting and keep our BANANA stocks under control, so we burn them regularly. But we also love to strive for great events!

Meet $ BANANA Burn Map V2.0 (we already burned the first one!). Each position on the recording map will trigger a recording by our team! Read the infographic below for details.

How to participate in the IAO

To participate in the IAO a

nd see which ones are coming, visit ApeSwap.Finance/IAO.

To prepare for the sale:

Buy BNB and BANANA tokens.

Receive BANANA-BNB LP Tokens by providing liquidity on ApeSwap.

What to do during the sale:

While the sale is in progress, transfer your BANANA-BNB LP tokens to purchase IAO tokens. You buy tokens with your LPs. This is not the same as “bet”.

What to do after sale:

When the sale is complete, collect your purchased IAO tokens. Your unspent funds will also be sent back to you.

Made! In case of exceeding the subscription limit, you can withdraw the remaining BANANA-BNB LP tokens.

What is the Overflow Selling Method?

TL; DR: Basically, the more you put in, the more you get, and you get back whatever was not spent.

In the overflow method, users can subscribe to the IAO in any amount or less, and their final allocation will be based on the amount they invested as a percentage of all funds invested by other users at the end of the sale. Users will receive back any remaining funds when they claim their tokens after the sale.

Road map

Timeline of the future ApeSwap exchange

March 2021: Introduction of the lottery system, non-interchangeable monkeys and additional user interface improvements.

April 2021: Expanded Burn Mechanics (more on that soon!) And UI Update, NFA Marketplace.

May 2021: Additional Utility and Gamification for NFA Holders, CEX Listing

June 2021: Adding $ BANANA Governance

September 2021: AutoFarm and Vaults

November 2021: Variable Yield Farms are game pools whose returns grow with liquidity and participants.

#Apeswap #BANANA #BNB #BSC #BinanceSmartChain #DeFi #Crypto # Cryptocurrency

You can see more detailed information about this project below:

ApeSwapFinance app: https://apeswap.finance/

Medium: https://ape-swap.medium.com