IT’S RAINING BANANAS, BECOME AN APE AND EAT ON

sanmibreve (34)in #apeswap • 3 years ago

Still a human, you are quite late to the party.

Why be a human when you can be an ape with access to juicy bananas? Don’t understand where this is headed? Read on.

DeFi has a new superb addition built by a team of dedicated crypto gurus with so many years of experience. They love to identify as DeFi apes.

The excellent new addition is ApeSwap, an automated market maker, yield farming, and staking platform on Binance Smart Chain which was forked from PancakeSwap. The native currency for ApeSwap platform is $BANANA, investors can stake, pool and earn $BANANA on ApeSwap.

ApeSwap.Finance has a very attractive goal which is to send all Defi Monkeys(traders) to the moon. So yes with ApeSwap we can rocket ourselves into outer orbit and experience the through moon effect, fueled by $BANANA. There is a burn map for $BANANA, for each milestone the community and team work to hit, some $BANANA will be burned. There will also be random burns, 100% of revenue will be used to buy back and burn. The burning will be announced by the team each time it gets due.

In February, a milestone got hit, they pulled up the longest time lock in the industry, which is the 24 hour time lock contract provided to help in the trust and security of the platform. The timelock is a protection mechanism that is built in to create a delay in any ApeSwap.Finance smart contract updates, thereby limiting rug pullers and scammers.

The ApeSwap community cares about every Ape, this brought about the $BANANA drive, a community driven fund created to help those apes in need. A donation address is being opened for a 3 day window, community members are encouraged to make donations to the address in $BANANA, $BNB or other BEP-20 tokens. An initial funding is donated by the team. After the donation time frame, 80% of fund raised is sent to the recipient of the drive and the remaining 20% is staked for long-term, interest made will be given back to the community.

ApeSwap has made great partnership like that with BakerySwap, Beefy.Finance, CafeSwap, Sushi Frenzy, Squirrel.finance, CryptEx, Soteria Mutual, JetFuel, BrickChain.Finance, OpenOcean.Finance.

As a community driven platform that upholds decentralization, ApeSwap has a community suggestion board to guide them towards building what the community wants. Every monkey can submit a suggestion or upvote the suggestion of other monkey’s. Feasibility of the suggestion is considered and priority is given to the ApeSwap roadmap.

Unlike most new farms launching on BSC every day, ApeSwap has a DEX and AMM of its own, they can grow and make changes and developments, they are not just reflecting on PancakeSwap, rather providing their own market with its own data.

Within a month after launch, ApeSwap hit a volume of almost $400,000,000 in transactions processed, peaked at nearly $30,000,000 liquidity, have burnt over 1,350,000 $BANANA, calculated over $1,500,000 $BANANA transactions, got over 6,000 apes holding $BANANA and over 250,000 unique active users visited ApeSwap.Finance.

Are you still holding on to humanity when you can be an ape? Don’t miss the rocket. Stay up to date with the ApeSwap community by joining their platform and following on social media.