Almost every element of traditional finance, such as lending or trading, is now controlled by a centralized system, which is administered by a centralized company. Because there are limited avenues for customers to directly access financial services, this centralized banking structure makes the system vulnerable to monopolization by one party. The Centralized Banking System forces them to go via middlemen such as banks, which have opaque processes and high costs. When a transaction is made in a traditional checking account, The transaction will be recorded in a private ledger on a centralized system that has a history of banking transactions managed by a big financial institution or government. It’s nothing like a public ledger transmitted across a public network. Blockchain technology is an innovative database that allows everyone to access their cash without going via a centralized middleman, and blockchain technology through DFI or decentralized finance is the solution to this problem. To exchange goods and services via a peer-to-peer (P2P) exchange. DeFI changes the Blockchain system, which is turned into various types of financial transactions, which start off simple and gradually get more sophisticated. ApeTools is a one-of-a-kind DEX Tools Ecosystem that represents the future of the Binance Smart Chain Network’s Community Based DeFi Ecosystem.
What is ApeTools?
ApeTools is a new project that develops trading tools for Binance Smart Chains on multiple AMMs such as ApeSwap, PancakeSwap, and BakerySwap that give Pairs information and Pool explorer with integration of the finest trading tools on the Binance Smart Chain Public network. To connect with the ApeSwap environment, the ApeTools ecosystem delivers the finest trading tools on the BSC network. ApeTools aggregates all pricing data from numerous projects on the Binance Smart Chain and consolidates it into a single ecosystem where users can do portfolio analysis on a single dashboard. Their team also created an intuitive User Interface with extensive API connectivity for many tasks.
The trading tools designed by their team can be integrated with various AMMs such as PancakeSwap or BakerySwap, but their main focus is collaborating with ApeSwap where ApeSwap AMM has more benefits than its competitors, the method used by ApeTools is a tracker for prices and LP monitors which are collected in one sophisticated ecosystem, which facilitates data analysis without the need to search for the data. ApeTools also makes technical analysis easier by combining APR sorting with Chart Trading View, resulting in multi-functional tools in a single ecosystem.
What is TAPE Token ?
Tape Token is the native currency that will be used in the ApeTools trading Ecosystem. This token is based on Blockchain Technology and will be run on the Binace Smart Chain (BSC) public network, automating various transaction processes through Smart-Contracts and allowing for lower costs and faster transaction times. This token is a critical component of the ecosystem, with several Use Cases ranging from Staking to Governance to Paying Services. They will also deploy NFT Tracker, which is connected with TAPE Token, in the future. BSC Being one of the choices from different public networks that offer DeFi and ApeTools being the ideal solution for BSC in order to guarantee value is maintained with demand that grows over time.
DeFi Market :
Decentralized Finance (DeFi) has emerged as one of the most recent breakthroughs in the burgeoning Blockchain market, introducing a new, more transparent Economic system to the worldwide market with fresh, highly inventive concepts that continue to grow with increasing use. The market is beginning to recognize the power of Blockchain Technology, and DeFi is presenting a sophisticated, transparent, and creative financial system. The DeFi Market Size has exceeded $50 Billion, more than doubling since the first time DeFi was recognized by the community, and this value will continue to grow with new innovations in the DeFi market. ApeTools is one of the new innovations in the Binance Smart Chain ecosystem that introduces new Trading Tools that benefit all users in the ecosystem, redefining the future of the DeFi.
Decentralized Finance (DeFi) is one of the financial innovations with enormous promise, offering a novel idea, a big market size, and a rising number of users, but it appears to be difficult to access by regular users or traditional traders , ApeTools provides a Trading Tools system on the Binance Smart Chain, allowing all users to access various information in one system, as well as integration with audited Smart Contracts that automate various processes. In addition to trading tools, ApeTools provides Staking, Governance, and Data Access via their Native Token, resulting in a multi-functional system. I strongly encourage that you try their Trading Tools, and I hope you will join the ApeTools community!
#APETOOLS #DEFI #BSC #CRYPTO
More Info :
Official website: https://www.apetools.co/
Bitcointalk username: cryptopathum
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2088829
My proof: https://bitcointalk.org/index.php?topic=5344688.msg57351968#msg57351968