ApeSwap - Decentralized Exchange Maker, Yield Farming, and Staking platform on the Binance Smart Chain
Project Introduction
Banana are getting more and more popular every day, there is a high probability that the project will become a market leader with great teamwork. The idea is sure to benefit all. We who support this project will definitely do to receive the many benefits from the ecosystem. We are working on a project in the beginning so we know the structure and we can spread the voice and invite people to join this amazing project.
The people most affected are, newcomers, into the DeFI space who have not or are unable to properly research these projects. As a writer in the blockchain industry, I've decided to create this post to help newcomers identify legitimate and genuine projects. There are so many of them out there. Today I'm going to talk about one of the best I have come across. I have to say this project is one of the surviving DeFi projects in 2021.
$ BANANA is the native currency of ApeSwap. It is necessary to participate in most of our initiatives, liquidity mining campaigns and liquidity pools
WHAT IS APESWAP ??
ApeSwap is an Automated Market Maker, Yield Farming, and Staking platform on the Binance Smart Chain (forked from PancakeSwap). ApeSwap is built by DeFi Apes, for DeFi Apes. We have a dedicated team of experienced monkeys, who have been in the crypto space for many years. $ BANANA is the native currency of our platform. Bet, collect and get $ BANANA all at ApeSwap.
DeFi which is also known as Decentralized Finance has been a great blessing for the blockchain industry and the world at large. As we know cryptocurrency functions as a secured decentralized store of value, DeFi creates a decentralized financial instrument that is free from traditional centralized institutions. The DeFi world has seen rapid growth in 2020, back in 2019, the DeFi industry value was $ 275 million. But as of February 2020, its value has grown significantly to a total of $ 2.5 billion in early July, $ 3 billion in mid-July, and $ 4 billion by 25 July. This growth rate indicates the increasing interest of the masses towards DeFi.
Just like the 2017-2018 ICO boom, they too have seen an increase in fraudulent projects within the DeFi space. This scam project is taking advantage of the increasing popularity of the DeFi industry. The people most affected are, newcomers, into the DeFi space who haven't or can't properly research the project. As a writer in the blockchain industry, I've decided to create this post to help newcomers identify legitimate and genuine projects. There are so many of them out there. Today I'm going to talk about one of the best I have come across. I have to say this project is one of the surviving DeFi projects in 2021.
Are you a fan of #DeFi and #NFTs because you can easily earn passive income by simply staking and adding a liquidity pool to receive great prizes? If so, this article is perfect for you and I have something spicy for you.
As you may know, Automated Market Maker (AMM) has become a well-known target for all kinds of investment activities today the reason is simple, because successful AMM projects like Uniswap, PancakeSwap & BakerySwap are one of the reasons to motivate other developers to create other AMM Decentralized Exchanges. and I want to give you another project with the same as them.
WHY APESWAP ???
The Binance Smart Chain (BSC) is the place to be on DeFi right now, there is no question. You just have to watch the multitude of pancake-swap style Automated Market Makers (AMM) being launched every day to see how fast the space is expanding.
VISION OF APESWAP FINANCING ?
- Community - We are DeFi Apes, and we have to look after each other. A strong, vibrant and happy community is the # 1 priority to keep ApeSwap thriving. We joke about monkeys and bananas, but at the end of the day, our community comes out on top.
- $ BANANA utilities - Our developer apes will continue to work hard to implement new features to get the most out of your $ BANANA! We understand the importance of creating utility, storage patterns and demand for our dear Apes
- Collaboration — We understand the importance of working with other #BSC projects in space. We are actively seeking and discussing cross-space projects for mutually beneficial partnerships
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