ApeSwap — Automated Market Maker, Exchange on BSC network.

Jerri Me
4 min readMay 7, 2021

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

On this platform, you can exchange Binance Smart Chain tokens, you can also farm BANANA tokens for providing liquidity, stake your coins in pools, participate in the IAO, and much more.

Features of ApeSwap:

  1. Exchange — The exchange is an automated market maker that allows any combination of two tokens to be exchanged on the Binance Smart Chain.
  2. Earn BANANA tokens — You can earn BANANA with yield farms, earn BANANA through staking, and earn even more tokens with our pools.
  3. Win — Win big with the ApeSwap Lottery!
  4. Invest — Participate in Initial Ape Offerings (or IAOs) to catch hot projects early!
  5. Collect — Become an established O.G. in the ApeSwap community by acquiring your very own Non Fungible Ape!

Now let’s look at each feature of this project separately to understand what exactly each feature of the project is intended for.

Exchange

This is an easy, convenient coin exchanger in the Binance Smart Chain network, for the exchange you will need to pay a commission in the BNB.

How do I make an exchange?

  1. Connect your wallet
  2. Select the coins that will participate in the exchange
  3. Perform a SWAP by paying a commission in BNB

Here it is advisable to bet more than 1 percent, because if the price changes dramatically, your deal will be canceled.

This is the transaction throughput, just always put 1–1. 2%.

Earn BANANA tokens

On this project, there are several ways to earn BANANA tokens.

What are the ways to earn BANANA tokens?

  • Farms
  • Pools

Farms — get BANANA tokens as a reward for providing liquidity to Apeswap in your favorite tokens.

To start earning money on the farm, you need to become a liquidity provider for this project of any two coins.

You need 50% in one coin and 50% in some other coin.

After you have replenished the liquidity on the project, you will be given LP tokens, which you can already throw into the farm and receive a reward for this — 200–500% per year.

https://dex.apeswap.finance/#/pool — you need to replenish your liquidity here.

Pools — store coins in the project pool and get rewarded for it.

You need to store BANANA tokens in the pools and get rewarded for this in other tokens.

There are more than 20 pools where you can earn tokens.

Lottery on ApeSwap Finance — try to earn BANANA tokens on the lottery.

You buy tickets for BANANA tokens and if the ticket number matches the winning ticket, you get BANANA tokens, if not, then your BANANA tokens will just be burned

Here at the top are the latest winning tickets, people who bought tickets under this number won BANANA tokens.

Initial Ape Offerings — invest your LP tokens in new tokens.

Absolutely anyone can participate. A person needs LP tokens in BNB-BANANA.

You exchange your LP tokens for new tokens of the project that you liked.

As a result, BANANA tokens will be burned, and BNB coins will be sent to the project.

If you have your own project, you can run and manage your project on this platform.

You just need to fill out this form:
https://docs.google.com/forms/d/e/1FAIpQLSdiC4jpKQAYD4iALGrm9ErmDIs1xtsOENu9GsvgdczVwe_uOw/viewform

More information about IAO on ApeSwap Finance:
https://obiedobo.gitbook.io/apeswap-finance/product-information/iao

Conclusion about the project:

A very good and reliable project, it has a lot of audits created, so you can trust this project with your money.

You can block the liquidity in this project without fear and not be afraid that your money will be stolen.

A lot of investors are already in this project, so the project does not make any sense to deceive its users.

I myself am an investor in this project, a BANANA holder, in the future I hope the BANANA will be worth even more.

Social Media:

Main — 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

My Links:

BTT link — https://bitcointalk.org/index.php?action=profile;u=2855281

Wallet: 0xBE585E24F3b92880B0e576ABc5b478C40b9Ff5C9

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Jerri Me

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