ApeSwap Finance — a decentralized platform for token exchange and BANANA farming.

DefiCalendar
4 min readMay 10, 2021

In this article, I will tell you about a project with which you can quickly exchange tokens in the Binance Smart Chain network.

Also, ApeSwap is a platform for conducting a pre-sale of tokens( EAO), as well as ApeSwap is a platform for farming and BANANA staking.

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

This is an AMM exchanger, I think you know similar projects, they are created for the rapid exchange of tokens, as well as liquidity providers can earn BANANA tokens on farms here.

All the functions of this project:

  1. Exchanger
  2. Farms
  3. Pools for stacking
  4. Pre-purchase of tokens (IAO)
  5. Lottery
  6. NFT monkeys (NFA)

Exchanger

This is an exchanger, exchange tokens of the BSC network here, paying a commission in the BNB.

To make an exchange you need to do:

1. Connect your wallet to the site
2. Select coins to exchange
3. Click “ SWAP”
4. Confirm the transaction.

After that, you will exchange the tokens and your tokens will be credited to your wallet.

Farms

You can become a member of the farm and start earning BANANA tokens.

To do this, you need to become a liquidity provider.

You get LP tokens and can start farming BANANA tokens.

APR — the annual rate in BANANA tokens. This is the profit in the BANANA that you will receive.

There are quite a lot of farms on this project, but they are still constantly being added and there are more of them.

On all farms, you can earn more than 100 percent per year.

Staking in pools

  • Stake BANANA to earn new tokens.
  • You can unstake at any time.
  • Rewards are calculated per block.

Here you need to block your BANANA tokens to get some other tokens, this is also a good token earnings.

Also here you can apply to add your own coin to the pool for staking:

IAO — Initial Ape Offerings

IAO — 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.

In an IAO, the project gets the BNB, ApeSwap burns the BANANA.

Lottery — Buy tickets with BANANA and Win.

Buy tickets for a BANANA and if the ticket is a winner, you will earn yourself even more BANANA tokens.

The more tickets you buy, the more chance you have to win more bananas. you will have it.

The lottery will be held every 24 hours.

There will be 4 winning tickets in total:

NFA — Non Fungible Apes

Non Fungible Apes (or NFAs) are a cryptographically generated set of 1,000 unique, rare, immutable, digital apes. Each ape is created by hashing a string to randomly generate a set of 6 characteristics: Base, Face, Frame, Mouth, Eyes, and Top.

Each characteristic has a different likelihood of occurring in each ape generation, making some characteristics much more rare than others.

All 1000 NFA’s

Since these are NFT monkeys, you can trade them, you can buy them, store them, sell them, that’s how much they cost:

In this article, I told you about ApeSwap, a project with which you can exchange tokens of the BSC network, and here you can easily farm BANANA tokens and earn money on it.

Social Media of project:

Website — https://apeswap.finance/
Twitter — https://twitter.com/ape_swap
Twitter channel — https://t.me/ape_swap_news
Twitter chat —https://t.me/ape_swap

My Bitcointalk profile — https://bitcointalk.org/index.php?action=profile;u=2694662;

My wallet — 0x394Bb0dD8bf0F462CdEa8D86204163f0AB39c41b

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DefiCalendar

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