ApeSwap Finance — Automated Market Maker on Binance Smart Chain.

igor shenok
4 min readMay 3, 2021

ApeSwap Finance — Decentralized Exchange / Automated Market Maker, Yield Farming, and Staking platform running on Binance Smart Chain.

There are a lot of similar projects, I agree, but this project also has its advantages among others, in this article I will just tell you about the key features of this project among others.

Features of ApeSwap:

  • Decentralized Exchange
  • Yield Farming
  • Staking platfrom
  • Invest in IAO
  • Lottery
  • BANANA growth

Decentralized Exchange

Quick exchange of tokens in the Binance Smart Chain network, you only need to pay the commission for the exchange in BNB tokens.

Token exchange is the main goal of this project, so that you can quickly connect your wallet and instantly exchange tokens in any volume.

I will not show you how to make an exchange on this site, I think you know this yourself, there were a lot of such projects before it.

Farms and Staking

Farms — farms where you can earn passive profits for providing liquidity to the project.

For the project to work correctly, it needs to constantly have a large liquidity of tokens, so the project allows the liquidity providers to earn BANANA tokens.

In each farm you will earn BANANA tokens, but each firm has a different interest rate per year that you will receive in the farm.

Somewhere you will get 100%, somewhere up to 500%, in farms where there are volatile coins, there will be high percentages. In any case, very pleasant interest, on which you can earn good money.

Staking of BANANA

Here you need to stake your BANANA tokens and get other tokens for it. This is much safer than a farm, it’s a great opportunity to earn some other tokens.

Here you only need a BANANA, unlike farms, but the percentage of profit here is much less than in firms.

But you can also make good money here, personally, I like stacking more than farms.

In some pools, GOLD BANANA are needed for stacking, this is the second token of this platform.

IAO — Initial Ape Offerings

Buy new tokens by staking APE-LP.

If you want to buy tokens of a new project here before the tokens go on the market, then you need to have LP BANANA tokens-BNB and when such an offer appears, you can exchange LP tokens for new tokens.

Your invested BANANA tokens will be burned, and the BNB will go to the project for development.

Lottery on ApeSwap

On ApeSwap there is a lottery where you buy tickets for BANANA tokens and if you come across a winning ticket, then you win yourself BANANA tokens.

The lottery takes place every 24 hours, the lottery is completely random and it is impossible to guess the winning tickets in advance.

After some time after the purchase of tickets, the winning ticket numbers will appear on the page, if you have won, then you can claim the prize.

About BANANA:

BANANA — the token of this project, through which all the main operations on the platform pass.

To participate in the lottery, you need a BANANA, for investing and IAO, you need BANANA tokens. Therefore, this token can be considered for investment.

Because with the influx of investment in this project, the value of this token will also grow at a high rate.

BANANA info:

Over the past week, the price of this token has increased 11 times, and this is not the end, I think that the price of this token will still grow in the future.

Social Media of ApeSwap:

Website — https://apeswap.finance/
Twitter — https://twitter.com/ape_swap
Telegram Group — https://t.me/ape_swap
Channel — https://t.me/ape_swap_news

About me:

Bitcointalk profile — https://bitcointalk.org/index.php?action=profile;u=256969;
My wallet — 0xbBd4f0d8e765455BB32D90E841D3023BC28CBb10

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