ApeSwap Finance. Review project.

Ajerey
5 min readMay 11, 2021

This article will tell you about the Defi project ApeSwap Finance, about its features, advantages and why you should use this project.

ApeSwap Finance — Decentralized Exchange / Automated Market Maker, Yield Farming, and Staking platform running on Binance Smart Chain.

Despite the fact that this project is a Defi project, you can still trust your funds and not be afraid of losing your invested funds.

In this article, I will also tell you. why I don’t consider this project unsafe.

What does this project offer?

  • On this project, you can exchange tokens inside your own wallet, without registration.
  • You can earn BANANA and other tokens of some kind.
  • You can participate in the IAO, this is a type of pre-sale of tokens.
  • You can also participate in lotteries on this platform.

Exchange tokens — exchange tokens inside your wallet.

I will not write how to make an exchange, I think you know this yourself, because this is not the first such project with similar features.

Yes, and the exchange is made there in just a couple of clicks, everyone will be able to understand.

Earn BANANA and other tokens:

Yield Farming — earn BANANA tokens by placing your liquidity in farms on the platform.

This is only 6 farms, in fact, there are many more

To start earning BANANA tokens here, you need to become a liquidity provider.

You need to freeze your funds in the project’s liquidity. For this, you will be credited with LP tokens on your balance, which you will need to put in a certain farm.

After that, you will start earning a BANANA. In each farm, the percentages are different, in some cases about 100, and in some cases it can reach up to 500.

Staking — keep your BANANA tokens in the pools and get rewarded in other tokens.

Compared to the farms, you just need to stake your BANANA tokens in the pool and keep them, in the farms you need to block funds in 2 coins.

The percentages are much lower here, yes, but the chances of losing your funds are also much lower.

If you have extra BANANAS, then be sure to stake them.

IAO on ApeSwap:

Buy new tokens by staking APE-LP.

Here, as in other pre-sales of tokens, you buy tokens of a new project that you liked, but on this project you can buy BANANA-BNB tokens exclusively for LP.

Not for any other tokens, it is for these LP tokens.

So far, not much IAO has been conducted on this project, but still in the future, the project is still just beginning its growth and development.

Lottery on ApeSwap — participate in lotteries and win new BANANA.

How it works?

  • You buy tickets for a BANANA.
  • You are given a ticket number.
  • If the ticket is a winning one, then you get a reward.
  • If you lose, then you lose your BANANA.

Audit:

On March 5, 2021, BSC Gemz completed their audit of ApeSwap. The audit was extraordinarily thorough and came out with only low risks and easy fixes.

Certik Audit

Certik Audit was completed here: https://certik.org/projects/apeswap-finance

This project has already passed as many as 2 audits, I think that this already shows that this project is safe and does not intend to steal your funds.

ApeSwap stats:

This project takes the 4th place among the DeFi projects on the Binance Smart Chain:

Total blocked liquidity on this platform:

The volume of the project is also simply huge:

Already a huge number of people trust this project and actively earn money on it, so I do not see any point in doubting the security of this project.

But to invest in it or not is up to you.

Conclusion:

Personally, I liked this project, it constantly updates the platform, updates the design, adds new pools for staking and new farms.

The project is also constantly checked and new audits are conducted. Constant new collaborations with other projects.

Personally, I started making money on this project by investing my funds in liquidity and started making money on the farm.

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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