ApeSwap Finance — earn BANANA tokens on farming and staking.

ESpolution
5 min readMay 2, 2021

In this article, I will tell you about a project where you can earn BANANA tokens for providing liquidity and staking tokens.

First, let me introduce you to the ApeSwap project and the BANANA token.

About ApeSwap Finance and BANANA token

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

This is a project where you can earn BANANA tokens for providing liquidity and for stacking tokens, also participate in lotteries, in the IAO of new projects, and much more.

ApeSwap is a huge platform, at the very beginning it was a regular exchange on the Binance Smart Chain network, and now they have even begun to integrate NFT into their project.

BANANA token — this is the token of the ApeSwap project, with the help of this token, all key operations are carried out in the project, in the project you will earn these tokens.

At the top of the picture, you can see the basic information about the ApeSwap platform.

More information — https://info.apeswap.finance/home

You can also get acquainted with the basic information about the project and the BANANA token on the main page of the project.

Here — https://apeswap.finance/

Now that you have learned all the basic information about the project, you know what ApeSwap and BANANA token are, you can continue to get acquainted with the project and find out how you can make money on this project.

Farms, Pools on ApeSwap.

This is what farms on ApeSwap look like, where you can stake LP tokens in liquidity and get BANANA tokens for it.

This is one of the most profitable ways to earn BANANA tokens here.

Staking pools

ApeSwap Pools allow Binance Smart Chain projects to bootstrap adoption by distributing a portion of their tokens to BANANA token holders. They also allow existing projects to start a relationship with our amazing community.

Here you store your tokens in the pool and get the tokens that you keep in the pool.

Here, the interest rate of earnings per year is already much lower.

In total, there are 15 coins for stake.

You can also add a coin of some other project and you can earn money on the stacking of that coin.

IAO on ApeSwap

Initial Ape Offerings (IAOs) — fundraising vehicle utilized to launch new tokens and bring liquidity to those tokens.

You can buy tokens for new projects that are satisfied with the IAO on ApeSwap. To do this, you must have LP tokens of BNB-BANANA coins.

BANANA tokens will be burned, and the BNB will go to the development of the project, which suits the IAO

GOLD BANANA

By storing these tokens, you open up new opportunities on this platform, namely, you will be able to:

Passive Farming 🌴

Exclusive IAO Access 🐵

Exclusive Pool Access 💧

Governance 👮‍♀️

What I like most here is passive farming, just by storing these tokens you will also get additional coins for storage.

Lottery on ApeSwap Finance

This is a cool mechanism for earning BANANA tokens, also for burning BANANA tokens.

There if you are lucky, then you can earn BANANA tokens quite well, you buy tickets and if they are “lucky”, then you get yourself BANANA tokens, if not, then you lose your BANANA tokens.

In any case, this is a very good system for the platform, when there is a constant burning of tokens.

The picture above shows the past 4 numbers that won by buying tickets, you are also given a number, and if it is a winning one, you get a prize in BANANA tokens.

Conclusion

I really liked this project, it still does not have as many features as its competitors, but the project is working on itself and constantly adds some unique updates, so it’s only a matter of time, I promise you personally.

Also, the BANANA token is constantly growing in price, this is just fine, I think.

I really liked the IAO system and the additional GOLDEN BANANA token. Personally, I have a little BANANA in my portfolio, I will keep this token until the best price, and it will be able to grow several times more, I think.

About social media of ApeSwap:

Web-site — https://apeswap.finance/
Info — https://info.apeswap.finance/
Telegram channel —https://t.me/ape_swap_news
Telegram chat — https://t.me/ape_swap
Twitter — https://twitter.com/ape_swap

About author of article:

Bitcointalk profile — sunny28
My wallet — 0x645Af19fdBE1ba58751FeaF2AaD52009283b425e

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