ApeSwap.Finance: A Humane Approach to Decentralized Exchanges.

ApeSwap.Finance: The Basics :

ApeSwap is at its core. Finance is a decentralized exchange that currently facilitates an annual daily trade volume of $20,000,000 — $25,000,000. The exchange acts as an Automated Market Maker (similar to Uniswap), where money is pooled by the ApeSwap customer base and participants are rewarded in different ways for their contributions.

ApeSwap Is Not Just All Monkey Business :

ApeSwap takes pride in many development and community-focused projects to sustain a thriving environment, in addition to their core competency as a Decentralized Exchange. The BUIDL Program, Non Fungible Apes, Initial Ape Offerings, and the Golden BANANA are the most notable examples.

The ApeSwap BUIDL Program :

The BUIDL Software from ApeSwap is a fast-track collaboration program for new and early ventures in the Binance Smart Chain Ecosystem. The program’s focus is on supporting new ideas and growing together. Candidates for the BUIDL Program must complete three phases in order to become official ApeSwap partners: Apply, Build, and Reward.

Apes That Aren’t Fungible

Non Fungible Apes (or NFAs) are a set of 1,000 cryptographically created special, uncommon, immutable digital apes. Each ape is generated by hashing a string (for example, “Strong Ape”) to produce a set of six characteristics at random: Base, Face, Frame, Mouth, Eyes, and Top.

Initial Ape Offerings :

An Initial Ape Offering (IAO) is a type of fundraising vehicle that is used to introduce new tokens and provide liquidity to those tokens. To participate in an IAO, BANANA-BNB LP tokens are required. Users are exchanging certain LPs for the newly introduced token. In an IAO, the project receives the BNB, while ApeSwap consumes the BANANA. ApeSwap’s first three IAOs raised $400,000, $700,000, and $1,000,000 and sold out in minutes.

The Golden Banana :

ApeSwap recently launched the Golden Banana, one of several proposed inventions for their Decentralized Exchange. The advantages of Golden Banana are many, with the main advantages focusing on long-term and committed group members. Passive farming, unique IAO Access, special pools to win other tokens, and key governance features are all available at ApeSwap. Furthermore, GNANA is backed 1:1 by BANANAs, so it can still be turned back into BANANAs.

More information :

Official website: https://apeswap.finance/

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