ApeSwap, DeFi AMM is frictionless and very profitable
The world of DeFI sees rapid growth in 2020, back in 2019 the value of DeFI’s industry was US $ 275 million. But as of February 2020, its value has grown significantly and reached $ 2.5 billion in early July, $ 3 billion in mid-July, and $ 4 billion by 25 July. This growth rate shows the increasing interest of the masses towards DeFI.
Just like the ICO boom in 2017-2018, they saw an increase in the number of fraudulent projects in the DeFI space. This fraudulent project took advantage of the popularity of the DeFI industry.
The people most affected by this are newcomers to the DeFI space who don’t own or can’t properly research these projects.
As a writer in the blockchain industry, I decided to create this post to help newbies identify projects that are legitimate and real.
There are tons of them. Today I’m going to tell you about one of the best I have come across. I have to say that this project is one of the DeFi projects that are still around in 2021.
ApeSwap is an automated market-building platform for growing and storing crops on the Binance Smart Chain (a fork of PancakeSwap). ApeSwap is built by DeFi Apes, for DeFi Apes. We have a dedicated team of experienced monkeys who have been in the crypto space for years. $ BANANA is the native currency of our platform. Place bets, collect and receive $ BANANA at ApeSwap.
$ BANANA is ApeSwap’s native currency. Must participate in most of our initiatives, liquidity mining campaigns and liquidity pools.
Community – We are DeFi monkeys and we need to take care of each other. A strong, energetic and happy community is ApeSwap’s # 1 priority to thrive. We joke about monkeys and bananas, but in the end, our community wins.
$ BANANA Utilities – Our developer monkey will continue to work hard to implement new features to get the most out of your $ BANANA! We understand the importance of creating utility, storage patterns and demand for our dear monkeys.
Collaboration – We understand the importance of working with other #BSC projects in space. We are actively looking for and discussing interior projects for mutually beneficial partnerships.
The Binance Intelligent Chain (BSC) is whoever is currently at Defi, no questions asked. You just have to look at the many Pancake-Swap-style Automated Market Builders (AMMs) being launched every day to see how fast the space is expanding.
ApeSwap.Finance will add a 24 hour time key to our smart contract and remove all migration codes (i.e. well-known tapestries). This means that even if one of our monkeys becomes a scammer (they don’t want to) and maliciously tries to change the smart contract, you will be able to see the change 24 hours before the action begins. Hence, there will be ZERO benefits for anyone trying to make such a change. Everyone will have enough time to leave the forest with their $ BANANA before changes can be made. Plus there’s no migration function! There will be no carpet
Smart contract audits are expensive. More than just bunches, bunches and bunches $ BANANA can cover. However, the safety of our monkey funds is our most important consideration – and we know how important quality audits are to you. Therefore, we did not just do one of them, but did TWO audits. One of them is Permata BSC, the other is Certik.
Monkeys are friendly creatures – we love partnerships – and we don’t have them, but TWO jungle parties (social distancing!) Have been great in recent weeks as we welcome BakerySwap.org and Beefy.Finance to the Monkeys family.
The first $ BANANA car opened to receive $ BANANA donations and other tokens for 3 days, and we raised over $ 4,000 for our sweet primate. To prove our commitment to this project, we use 100% of our proceeds for buyback and incineration.
For each swap, a commission of 0.3% is charged (standard for all DEX), 0.05% of the amount of each transaction goes to the Treasury Ap wap. During the first 3 months, 100% of our Apeswap Treasury will be used to buy back and burn $ BANANA. At the end of this period, we will reassess the best use of the tool in the community.
What has propelled the ApeSwap Platform to its zenith?
One of the main driving forces behind ApeSwap is the ‘BANANA frenzy’ information that increases user spikes and platform volume. At the heart of BANANA’s madness is simply a mining program and liquidity betting that motivates users to participate in the network. In addition, the BANANA burning roadmap has enabled the community to achieve common milestones. Earning $ BANANA can be done by staking and joining the liquidity pool.
How do we plan to develop ApeSwap.Finance!
ApeSwap Future Timeline
March 2021: Introducing the Lottery System, Non Fungible Apes, and additional UI improvements
April 2021: Advanced combustion mechanics (More coming soon!) And an overhaul of the UI, the NFA market
May 2021: Additional utilities and gamification for NFA holders, CEX List
June 2021: Add $ BANANA Governance
September 2021: AutoFarm and Vaults
November 2021: Variable Yield Field
• ApeSwapFinance application: https://apeswap.finance/
• Medium: https://ape-swap.medium.com
• Twitter: https://twitter.com/ape_swap
• Telegram: https://t.me/ape_swap
• Announcement: 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 /