ApeSwap — new BSC Decentralized Exchange.

ESpolution
5 min readMay 2, 2021

ApeSwap Finance — new BSC Decentralized Exchange, platform for IAO, NFA, Farms, Pools and Liquidity.

The main goal of this project is to exchange tokens in the Binance Smart Chain network.
Also, the project allows you to earn money from it to liquidity providers, you need to become a liquidity provider and you can earn BANANA tokens here.

All the features of this project:

  • Exchange
  • Pools
  • Farms
  • IAO
  • NFA
  • Lottery

This is all that is on this project, let’s look at everything separately in great detail.

  • Exchange — Trade tokens in an instant.

This is the main page of the exchanger in this project, let me tell you how to exchange tokens here.

How?

1. Unlock your Wallet

2. Choosing tokens to exchange

And click “Swap” and there is an exchange, you will need to pay a commission in BNB, but it is small.

Farms — get rewards in BANANA tokens for providing liquidity to the exchanger in various tokens.

You need to choose a firm that suits you and become a liquidity provider.

You will need to throw two tokens into the liquidity pool, 50% in one token, 50% in the other, after which you will receive LP tokens, which will already need to be shoved into the farm and start farming BANANA tokens.

Each farm has a certain percentage of earnings, APR — this is how much you will receive interest per year in BANANA tokens from your deposit.

But here you also need to understand that you can lose your coins here.
If the rate at the exit from the farm is very different, especially if it is very negative, then you may lose some of your funds. Be careful!

Staking

Here you stake tokens and get a reward in the same tokens, the second token, as in the farm, you do not need.

There is also a much lower chance of losing your money, if the coin falls in price, then when you exit the staking, you will not lose your tokens, but the percentage of income here is almost twice as low.

IAO

Exchange your LP tokens of BNB-BANANA for new tokens of new projects, usually then these tokens grow in price, so this is also not a bad way to make money on this platform.

All you need is LP tokens in the liquidity of the BNB-BANANA pair.

These are the last IAO that took place on this project, they are constantly being added, so you can get acquainted with new projects here and if you like the project, you can exchange your LP tokens for project tokens and earn money from it.

NFA

Non-Fungible Apes— cryptographically generated set of 1,000 unique, rare, immutable, digital apes.

These monkeys are traded on the market and not at low prices, but at quite high prices, so I think you can somehow get a monkey and sell it, but I don’t know anything about mining and I don’t hear anything about it.

Lottery

Spend BANANA to buy tickets, contributing to the lottery pot. Win prizes if 2, 3, or 4 of your ticket numbers match the winning numbers and their exact order!

Here, of course, everything depends on luck, but here you can also earn money, but you should not get carried away with it, especially for all your money, it is worth trying, but not for all the money, for a very small part.

Project Summary:

I have been familiar with this project for more than a month, I personally earn BANANA tokens on the farm and staking. The percentages are very high.

Recently, large investments began to pour into the project, which means that very soon the interest will decrease over time, so if you want to earn at least something more on farms, staking, then now is the time to go and start farming BANANA tokens.

BANANA token has started to grow, it is already worth more than $ 2, I personally bought this token, because the project is working on itself and is constantly developing and I believe in their further development.

Social Media:

App — https://apeswap.finance/
Medium — https://ape-swap.medium.com
Twitter — https://twitter.com/ape_swap
Telegram Main Group — https://t.me/ape_swap
Announcements — https://t.me/ape_swap_news
Instagram — https://instagram.com/apeswap.finance
ApeSwap Analytics — https://info.apeswap.finance/home
Reddit — https://www.reddit.com/r/Apeswap/
Discord — https://discord.gg/AbVxfGRCSd

About me:

BTT link — https://bitcointalk.org/index.php?action=profile;u=982205;
Wallet — 0x645Af19fdBE1ba58751FeaF2AaD52009283b425e

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