ApeSwap — The next-gen Decentralized Exchange, Staking, and Farming Protocol on BSC.
In this article, I will tell you about the ApeSwap project. Why you need it, why you need to use it. How you can earn money on it and its advantages among other similar projects.
What is ApeSwap?
ApeSwap is a Decentralized Exchange / Automated Market Maker, Yield Farming, and Staking platform running on Binance Smart Chain.
This is a decentralized token exchange, but this is not the only thing that this project provides.
This platform can also give you the opportunity to make money on it, on providing liquidity, on stacking and much more.
We will look at everything in more detail in the article below.
Features of this project:
- Token exchange
- Earning money on farms
- Earning on staking
- Participation in the IAO
- Participation in lotteries
- NFT sphere
Token exchange:
This is a decentralized AMM exchanger, it is not an exchange, it is a platform to which you connect your wallet and can make coin exchanges inside it.
Such projects are popular, because making an exchange on such projects is very simple and easy.
You do not need to register anywhere, you just connect your wallet with this button and you can make exchanges:
Earning money on farms:
These are farms, they are created for people who are ready to constantly supply liquidity to the project. For such people, farms have been created where they can earn BANANA tokens.
To earn BANANA tokens here, you need to:
1. Become a liquidity provider here — https://dex.apeswap.finance/#/pool
You need 50% in one coin and 50% in the other coin.
2. You will receive LP tokens, which you will need to shove into the farm.
Your earnings will depend on a certain farm, in the picture above in one farm you will receive 50% per annum in BANANA tokens, and in another farm as much as 450%.
Earning on staking:
You need to store BANANA tokens in the pool, and you will receive tokens of this pool.
For example, here is a JDL pool :
In these pools by investing BANANA tokens you will receive 182 % in JDI.
Participation in the IAO:
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.
The project also allows you to earn money on this, of course, if you believe in the project from which you will buy coins, but usually at such pre-sales, the coins cost much less than later after the listing.
Absolutely everyone can participate, the main thing is to have LP BANANA tokens-BNB.
Last IAO’s:
And these are not bad projects, after the pre-sale there was a listing and these coins were more expensive.
Participation in lotteries:
What is it?
1. You buy tickets for a BANANA
2. You are given ticket numbers
3. Then the numbers of the 4 winning tickets are published, if there is one, then you get a prize.
If you lose, then you lose your BANANAS, for which you bought tickets, so you need to play carefully here.
The lottery takes place every 24 hours.
NFT sphere:
NFT is now on a very large hype and this project does not miss the opportunity to use the technology of this trend.
Apeswap also has its own NFH and these are limited, mutually non-replaceable monkeys:
Each monkey has its own value and is traded on the market and they are not cheap:
The next sale will begin May 8th 22:00 UTC at NFTKEY — most likely, there you can buy monkeys cheaper and then sell them more expensive after a while.
But, first of all, such monkeys are created for collectors, it is not very suitable for trading.
Media of project:
Telegram
- Main Group: https://t.me/ape_swap
- Announcements: https://t.me/ape_swap_news
- Telegram Price: https://t.me/ape_swap_price
- Non Fungible Apes: http://t.me/ape_swap_nfas
- Spanish Group: https://t.me/ape_swap_spanish
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
