ApeSwap — platform for exchange tokens, farms BANANA tokens.

Vlad Shaver
4 min readMay 2, 2021

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In this article, dear friends, I will tell you about the project, a decentralized platform for the exchange of tokens, where you can earn easily and simply BANANA tokens that can be easily and simply sold on the market.

  1. ApeSwap Finance, what is?

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

A project where you can earn BANANA tokens for providing liquidity to the project, for participating in the lottery and staking your favorite coins.

What can this project do?

  1. Exchange
  2. Farm BANANA tokens
  3. IAO
  4. Win in Lottery
  5. Collect NFA

Exchange of ApeSwap — automated market maker that allows any combination of two tokens to be exchanged on the Binance Smart Chain.

The most common decentralized exchange, like others, where you can quickly and easily exchange tokens between each other.

Farm BANANA tokens

Yield Farming — earn BANANA tokens for delivering liquidity to the project, for helping the project develop.

The project needs liquidity so that customers can make exchanges on the site at any time, so the project will pay you, the liquidity providers, BANANA tokens for providing liquidity.

For providing liquidity, you will receive LP tokens, which you then need to shove into the farm and farm BANANA tokens there.

This is what farms look like, you just need to find a suitable farm for yourself, confirm it with a contract and put your LP tokens there.

You will receive more than 200% per year on farms.

Stake on pools — store your BANANA tokensin the pool and get other tokens for it.

This is what pools look like for storing your favorite coins there:

This is much safer than farming, in farming you can lose your coins when the rate rises sharply or drops sharply in price.

If you have coins for long-term storage, it is better to start storing them in these pools and get BANANA bonus tokens, it will be much more profitable.

IAO — public pre-sale of new tokens in exchange for your LP tokens.

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.

Absolutely every person who will have these LP tokens can participate in this, the most important thing is to have time to exchange LP tokens for new tokens, because there will not be much time.

Past IAO’s:

Lottery — buy tickets for a BANANA, try your luck and earn even more BANANA.

The participant buys tickets for BANANA tokens, he is given tickets, if his tickets are winning, he gets even more BANANAS.

If not, then his BANANAS are simply burned.

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

Each monkey has a different degree of rarity, the more difficult the monkey is to achieve, the more expensive it will be on the market.

Also, monkeys can grow even more in price over time.

All NFAs:

How can you tell an NFA’s rarity?

  • Common Chimps: Tier 1 (500 NFAs) — Most common
  • Original Orangutans: Tier 2 (250 NFAs)
  • Alluring Apes: Tier 3 (150 NFAs)
  • Prime Primates: Tier 4 (70 NFAs)
  • Magic Monkeys: Tier 5 (30 NFAs) — Most rare

In this article, I told you about a project like ApeSwap, where you can easily exchange Finance Smart Chain tokens, as well as easily earn BANANA tokens.

Social Media of ApeSwap:

Twitter- https://twitter.com/ape_swap
Official website — https://apeswap.finance/
Telegram chat-https://t.me/ape_swap
Telegram channel-https://t.me/ape_swap_news

My contacts:

Insober — https://bitcointalk.org/index.php?action=profile;u=122958;
My twitter — https://twitter.com/vladshaver
My wallet — 0xEE3B0845674745A2F68fF27B04F7b4d07f43685D

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