ApeSwap: Partnership Galore

Automated market makers (AMM) aren’t in short supply on the Binance Smart Chain, yet ApeSwap has become quite popular over the last few weeks. What’s with everyone going $BANANAs? Well, unless you’ve been living under a rock, it’s all tied to one thing: Partnerships.
Here’s a breakdown of some of the many partnerships that have seen ApeSwap rise through the ranks.

BRICKCHAIN CAME CALLING

Legos are popular in the real world, so it’s a big deal to see Brick chain bringing the BSC network. ApeSwap partnered with BrickChain for the greater good of both platforms. Liquidity pools were set up to seal the deal, offering apes the opportunity to earn $BRICK using the $BANANA-BRICK LP.

THE SQUIRREL FINANCE DEAL

Weeks ago, ApeSwap partnered with Squirrel Finance to foster the growth of both platforms. In the usual De-Fi fashion, liquidity pools were created on both platforms, providing their communities with the opportunity to earn $NUT and $BANANA.

Beyond the surface, this partnership creates a massive hype for ApeSwap as Squirrel Finance users have to create Ape LP tokens on the ApeSwap DEX before proceeding to stake the LPs on Squirrel Finance.
There’s also the FarmFomo game to be held on ApeSwap. Participants will have to use the ApeSwap DEX for much of the swapping they intend to do. Though Squirrel Finance will gain substantial leverage from this partnership, ApeSwap takes this round.

COLLABORATION WITH ONTOLOGY

Ontology, one of the rising wallet providers in the crypto space teamed up with ApeSwap. That’s huge as the wallet provider is quite picky.

The collaboration means apes and humans alike can easily visit the dapp as it’s listed, among a handful of others, in the discover section of the wallet.
Of course, ApeSwap kept its tradition of setting up liquidity pools. An ONT-BANANA liquidity pool was created.

THE KEYFI- APESWAP CONNECTION

KeyFi is one of the new projects on the blocks that amplifying the potential of De-Fi assets. The platform lets users do all sorts – trade, stake and view – with these cryptocurrencies.

Through the KeyFi alliance, apes and humans can keep track, swap or stake their $BANANAs using KeyFi.

APESWAP'S PARTNERSHIP WITH XBTC

ApeSwap’s Partnership with XBTC
Rebase tokens like XBTC can often provide pointers on BTC’s dominance as their prices respond accordingly to the rise or fall of the largest cryptocurrency’s dominating effect.

XBTC is one of the latest partner’s of ApeSwap. Through this partnership, apes can keep track of BTC’s dominance, which should provide insight on when altcoins like $BANANA gets to enjoy the spotlight.
As a form of pact marking the partnership, liquidity pools on ApeSwap were set up, offering apes and humans the opportunity to earn either $XBC or $BANANA.

CLOSING THOUGHTS

Is it a partnership too many for ApeSwap? Perhaps not; much of the AMM’s collaborations have strengthened its position in the De-Fi space.
With the team working, a community of committed apes, more projects are bound to notice and move towards forging viable alliances with ApeSwap. Everything points to a glorious future for the yield farming protocol.

For more information about this project you can see it below:

ApeSwapFinance App: https://apeswap.finance/
Medium: https://ape-swap.medium.com
Twitter: https://twitter.com/ape_swap
Telegram: https://t.me/ape_swap
Announcements: https://t.me/ape_swap_news
Telegram Price: https://t.me/ape_swap_price
GitHub: https://github.com/ApeSwapFinance
Instagram: https://www.instagram.com/ape_swap/
Apeswap Analytics : https://info.apeswap.finance/home

AUTHOR
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2366155;sa=summary
Bitcointalk Username: Asgard124
Wallet Address: 0x179057838Fe65565fd46B05f0B0FA9C362dE26b4