UNIQUENESS OF APESWAP.FINANCE; WHAT MAKES IT DIFFERENT FROM OTHERS

A quick look at Bscscan would reveal one thing: lots of yield farming protocols abound on the BSC network, and more of these platforms continue to emerge. So what’s all the fuss about ApeSwap?
There are a few things this yield farming protocol has going for it. Care to guess? Let’s get down to it.

VALID COLLABORATIONS

In the crypto space, not all collaborations are worthwhile. So while many projects boast massive amounts of partnerships, it doesn’t often necessarily give them an edge.
The collaborations of ApeSwap.finance appear to be quite valuable. For instance, the biggest aggregator on BSC, OpenOceanEcosystem has ApeSwap as one of the few DEX it uses in finding the best prices for its users. We believe that’s a big deal since a lot of people use this full aggregator to get the best prices on assets.

The ApeSwap collaboration with Value DeFi and Squirrel DeFi is also significant. For instance, Value DeFi is one of the biggest BSC auto-compounding platform, so everyone goes over there to see projects they can invest in. Having ApeSwap's $Banana token listed there provides some sort of silent marketing that most projects haven’t caught on.

INITIAL APE OFFERING (IAO)

IDOs and launchpads have become quite popular. Projects – even those lacking in substance – have jumped on the trend. It’s no surprise as most participants are looking to make a quick buck. We liked the concept of the Initial Ape Offering (IAO), it sure has a ring to it.

ApeSwap intends to use its IAO in helping credible projects with impressive use cases get the financial aid they need to realize their potential. Of course, these aren’t charitable events, investors are looking to make a profit from such projects. Through ApeSwap’s status as a flourishing protocol, the lucky project gets guided towards success. It’s a win-win for everyone. But ApeSwap has to get it right the first time if investors are going to be enthusiastic about their IAOs.

BANANA LOTTERY

With $banana supply having no cap, ApeSwap took a cue from Pancakeswap through the addition of the banana lottery. Though we have our reservations about organizing a lottery, it does bud well for the value of the ApeSwap.finance native token, $Banana.
To participate, users will have to use $Banana to buy tickets, while hoping their ticket number matches the winning numbers. A portion of the $Banana contributed is shared among winners and the rest is burned. It’s definitely a nice happy ending for a token with an unlimited supply.

LIQUIDITY AND STAKING POOLS

What makes a great yield farming protocol isn’t the APR nor the number of farms – it’s the total value locked. So the rush for massive TVLs has seen many projects offering insane APRs at the detriment of their native token.

ApeSwap doesn’t join the bandwagon on this one. The yield farming protocol has average APRs on its farms and pools, yet it manages to muster tens of millions in TVL. It’s an incredible feat for the platform.

FINAL THOUGHTS

Every yield farming protocol has products and services that guarantee the smooth running of their ecosystem. ApeSwap.finance is no exception. The offering of the protocol might have some semblance to a popular DeFi platform on the BSC network, but it’s still a step above many others.

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: 0x179057838Fe65565fd46B05f0B0FA9C362dE26b