ApeSwap is a Decentralized hybrid yield token platform. Built on the Binance Smart Chain. The ApeSwap provides an exchange that is an automated market maker (“AMM”) that allows any combination of two tokens to be exchanged on the Binance Smart Chain. Binance Smart Chain (BSC) is a blockchain network built for running smart contract-based applications.

How does a decentralized exchange work?

Decentralized exchanges take a different approach to buy and selling digital assets by operating without an intermediary organization clearing transactions, instead of leveraging self-executing smart contracts to facilitate trading. ... In the absence of intermediaries, DEXs take on a non-custodial framework.

What Is an Automated Market Maker (AMM)?

Automated market makers (AMMs) are part of the decentralized finance (DeFi) ecosystem. They allow digital assets to be traded in a permissionless and automatic way by using liquidity pools rather than a traditional market of buyers and sellers. It is a type of decentralized exchange (DEX) protocol that relies on a mathematical formula to price assets. Instead of using an order book like a traditional exchange, assets are priced according to a pricing algorithm. This formula can vary with each protocol.

Token Details

• Token : BANANA
• Symbol : $BANANA
• BananaToken: 0x603c7f932ED1fc6575303D8Fb018fDCBb0f39a95
• MasterApe: 0x5c8D727b265DBAfaba67E050f2f739cAeEB4A6F9
• SupportApe: 0x54aff400858Dcac39797a81894D9920f16972D1D

Deflationary Mechanics

• 100% of trading fees generated on ApeSwap are used to buyback BANANA and burn
• 15% of BANANA spent on lottery tickets is burned
• 100% of BANANA raised in IFOs is burned

How to participate in an IAO?

To participate in an IAO and see which are coming up, visit ApeSwap.Finance/IAO.

To get prepared for the sale:

Purchase both BNB and BANANA tokens.
Get BANANA-BNB LP tokens by providing liquidity on ApeSwap.

What to do during the sale:

While the sale is live, commit your BANANA-BNB LP tokens to buy the IAO tokens. You are purchasing the tokens with your LPs. This is not the same as "staking".

What to do after the sale:

When the sale is complete, claim the IAO tokens you've bought. Your unspent funds will also be sent back to you. Done! In the case of oversubscription, you can unstake your remaining BANANA-BNB LP tokens.

What is the “Overflow” sale method?

TLDR: Basically, the more you put in, the more you will get, and you’ll get back anything that doesn’t get spent. In the “Overflow” method, users can subscribe as much or as little as they want to the IAO, and their final allocation will be based on the number of funds they put in as a percentage of all funds put in by other users at the time the sale ends. Users will receive back any leftover funds when they claim their tokens after the sale.

Staking Pools

A platform where great projects get introduced to the ApeSwap community! 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.

ApeSwap allows digital assets to be traded in a permissionless and automatic way using liquidity pools rather than a traditional market of buyers and sellers. ApeSwap was built by DeFi Apes, for DeFi Apes. They have a dedicated team of experienced monkeys, who have been in the crypto space for years.

Website: https://apeswap.finance/
Twitter: https://twitter.com/ape_swap
Telegram: https://t.me/ape_swap
Medium : https://ape-swap.medium.com/

⚡Authorship
BitcoinTalk username : onemancrypto
My Bitcointalk Profile Link : https://bitcointalk.org/index.php?action=profile;u=1769254;sa=summary
BSC Wallet: 0x5888bd05816dB304E417b6b219C2c307629b8141