ApeSwap Finance — new AMM exchanger on Binance Smart Chain.

Ajerey
5 min readMay 11, 2021

ApeSwap Finance is a decentralized exchanger in the Finance Smart Chain network, as well as a platform for farming, BANANA staking.

On ApeSwap, you can also play lotteries, participate in investing in the IAO.

This is a fairly extensive platform with many features, in this article I want to tell you about this project and all its features.

All Features of ApeSwap:

  1. Exchange
  2. Farms and Staking
  3. Invest in IAO
  4. Win in Lottery
  5. Collect your NFA (NFT)

Yes, there are similar projects with an identical design and the same features, but this project has ways to make money that are not available on other similar projects.

In the article, I will tell you more about this.

Exchange decentralized exchange, in which you can exchange your tokens inside your own wallet.

This is much more convenient than the usual exchanges, you do not need to register and log in every time, here you just need to connect your own wallet and that’s it.

This is what the main page of the exchanger looks like, as you can see, it looks like on other exchangers, but it also has its own design features. For example, pictures of coins in the background.

To make an exchange, you need to:

  1. Connect your wallet
  2. Select coins to exchange
  3. Click “Swap”
  4. Pay the commission for the exchange.

As you can see, the exchange on this platform is really much easier and faster than on a regular exchange.

Farms — earn BANANA tokens on farms by simply storing your funds in liquidity.

Each exchanger needs a locked-in liquidity, so that there is money for a constant and fast exchange. That is why, liquidity providers are given the opportunity to farm BANANA tokens.

To start farming, you need to:

  1. Add liquidity to the project

After the liquidity is delivered, LP tokens are credited to the balance of your wallet, which you can exchange back for your tokens at any time.

2. Add your LP tokens to the farm and start farming the BANANA

Each farm will have a different percentage of income, depending on the complexity of farming.

In some farms, it will be more than 300%, in some not more than 100%.

But here you need to be careful, if the price of assets when you exit farming will change, then you can lose your funds. Therefore, choose farms with minimal risk.

Staking — keep your BANANAS and earn other tokens.

To earn other tokens here, you need to store your BANANA tokens in the pool for stacking.

At any time, you can get your tokens out of the staking without losing coins.

The income here will already be less than on farms, but the risks of losing your money here are much less.

Invest in IAO — invest your money in new projects and get tokens before entering the market.

An Initial Ape Offering (IAO) is a fundraising vehicle utilized to launch new tokens and bring liquidity to those tokens.

In general, you need BANANA-BNB LP tokens to participate in an IAO. Essentially you are trading those LPs for the token being launched.

You need the LP tokens, and it is for them that you can buy tokens for a new project.

Here are the IAO conducted on this project:

Win in Lottery — buy tickets for BANANA and win prizes

Play the lottery, try your own luck and win even more prizes.

The lottery takes place every 24 hours, the more tickets you buy, the more chance you will have to win the prize.

How to win?

Your purchased ticket will have to be won, your ticket will have a number, and the winning tickets will be shown at the end of the lottery.

Collect your NFA (NFT) — collect limited-edition monkeys and collect them

The project also has its own resources, and these are monkeys (NFA).

How can you tell an NFA’s rarity?

  • Common Chimps: Tier 1 (500 NFAs) — Most common
  • Original Orangutans: Tier 2 (250 NFAs)
  • Alluring Apes: Tier 3 (150 NFAs)
  • Prime Primates: Tier 4 (70 NFAs)
  • Magic Monkeys: Tier 5 (30 NFAs) — Most rare

In this article, I told you about the project — ApeSwap Finance.

About its capabilities, how you can make money on it, how you can make money on this project, its advantages among other similar projects, about its features.

Personally, I actively use this project and earn money from it.

Media of project:

Telegram

Twitter — https://twitter.com/ape_swap

ApeSwapFinance App — https://apeswap.finance/

About me:

My profile — https://bitcointalk.org/index.php?action=profile;u=2857993;
Wallet — 0x50f38588e1d749421cDf273F0A19e1C641bBB608

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