APE SWAP. FINANCE; A DECENTRALISED EXCHANGE DESIGNED ON BSC

queentee (31)in #cryptocurrency • 4 years ago (edited)

INTRODUCTION TO APE SWAP. FINANCE
Ape swap. Finance is an interchange that is DECENTRALISED, an Automated Market Marker [AMM], a yield farming and staking structure designed and operating on Binance Smart Chain. (BSC).
On Ape swap. Finance, there is the option to stake and farm and each is distinctive. Staking requires utilising BANANA for more benefits of BANANA, while on the other hand, Farming requires making available funds to the farming pool and thereafter which can staked. However Liquidity providers share of the pool whatever proceeds which is usually obtained from the pool.
APE Swap. Finance is design by DeFi Ape for DeFi Apes. The team behind DeFi Ape have been committed and devoted to crypto, they are vast in knowledge and skills which has been acquired by a period of practical experience.

CORE FEATURES OF APE SWAP. FINANCE
On the Ape swap. Finance platform, trading,interchange and swapping is usually Automated market marker (AMM),and it grants the trading, swapping and interchange between currencies on Binance smart chain.
Another distinctive attributes is that users get to receive rewards in BANANA out of the means of utilising Yield farm.Likewise rewards in BANANA is received by the way of staking, as well receiving extra via pools.
Also, there is the possibility to win Lottery draws on Ape Swap platform.

TOKENIZATION
BANANA is structured with the objectives of undue increase,which hereby makes it possible for boosting supply of funds by Ape Swap.Finance access providers and as well giving the ability for sustaining an operative decentralized exchange.
Ape swap.Financw fundamental currency is known as BANANA. Token symbol is BANANA built on Binance Smart Chain(Bep20). It has a high tendency of growth due to the fact that there is no existing hard cap on BANANA token supply.
BANANA is essentially aimed at boosting easy convertibility to cash and exchangebility,with the exclusion of coins given to a miner which has successfully hashed a transaction block and as well a transaction fee. However there will be continuity of Liquid Providers fees.
Ape swap.Finance is built and designed to enable the dip to rise more than issuance, this is achieved simply with the means of developing a structure of reduction in the amount of available currency, hence reducing price subsequently within Apeswap ecosystem.
The platform is designed with the intention that a large number of BANANA is pulled out of circulation along side the volume of BANANA generated. This is achieved by minimising the volume of BANANA each block generates consequently placing a moderation on hike.
It is designed that tokens will be burnt consistently which are set up in various Ape Swap Output.

The token symbol for Golden BANANA is GNANA,which posses features that includes passive farming, Exclusive IAO Access, Exclusive pool Access and Governance.
GNANA is basically supported and upheld by 1:1 BANANA. GNANA can easily be traded or swapped to BANANA,which attracks a 30% fee that include 28% burn fee 2% reflect fee.
GNANA as a reflect token along with a transaction fee of 2% . All holders of GNANA are eligible for receiving their allocated earnings equivalent to the corresponding GNANA token held in their wallets.
Exclusive IAO Access, is another attributes of GNANA which includes acquiring unique initial Ape offering appropriation. This is actually aimed at strengthening BANANA that is burnt as well as to tackle the challenge of whale present in the surplus IAO's design. A whale must be a long-term holder so as to not get a payment forfeit for an early withdrawal.
Also participants that would like to stake GNANA will be introduced into exclusive pools and hence get rewarded with additional tokens.
The objective of ApeSwap. Finance is making possible for the utilisation of GNANA as the fundamental governance token of ApeSwap,by strengthening the potentiality of ApeSwap Ecosystem.

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ROAD MAP
ApeSwap.Finance Tentative Timeline
April 2021:
Advanced burning mechanics (e.g., Golden BANANA)
UI revamp & enhancements
NFA page enhancements
May 2021:
Continuing to strategically bring new farms and pools to ApeSwap
NFA Initial Sales Platform
June 2021:
Integration of governance mechanisms
September 2021:
Auto-compounding farms and Vaults

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