Ape Swap(BANANA) Project Analysis — CoinW Institute

CoinW Exchange
2 min readMar 23, 2022

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Ape Swap (BANANA) Project Analysis

1.A short review of the research institute

ApeSwap provides users and partners with a suite of tools to take advantage of decentralized financial opportunities. ApeSwap is a DeFi hub on BNB Chain & Polygon focused on providing an accessible, transparent and secure experience for everyone, with assets currently open for lending: $BTC, $ETH, $BNB, $BANANA, $BUSD, $USDC, $USDT and $CAKE. $BUSD, $USDC, $USDT and $CAKE.

2.Breakout point

defi

3.Project Description.

ApeSwap’s team consists of experienced monkeys who have been in the crypto sphere for years. $BANANA is the native currency of the ApeSwap platform. It can be pledged, pooled, and earned on ApeSwap for $BANANA.

4.The function of token

(1) Join the ApeSwap ecosystem by purchasing our native token, BANANA

(2) Use our decentralized exchange to swap between different crypto tokens on the BNB chain and Polygon

(3) Add liquidity to token pairs to receive liquidity provider (LP) tokens that earn transaction fees (liquidity mining)

(4) Pledging BANANA or GNANA in a pledge pool to earn tokens from partner projects

(5) Pledge LP tokens at Yield Farms to earn BANANA lending crypto assets through our lending network

(6) Participate in the initial Ape product of a new crypto project

5.Token Economic Model

Total number of tokens:129,001,710.41571BANANA

Holders:65,308 addresse

Transfers:17,812,056

100% Circulation

6.Community

telegram:37366

twiter:254,000

reddit:26000

discord:14000

7.Future outlook

The project party launched Ape Labs, the current token 100% full circulation state, the chain pool has 11 million u, holding address 65200 people, the current price 0.35u, at any time the ecological construction continues to improve, the future is expected to be like biswap, the price back to 1u near.

Basic Information

Project Description: The Golden Banana is designed to reward loyal ApeSwap community members who share our pain and suffering. Golden Banana holders are true humanoids and we look forward to treating them like VPs in our ecosystem.

Token full name: ApeSwap Finance

Token name: BANANA

Token details.

Project website: ApeSwap.Finance

Project Document: https://ape-swap.medium.com/

Block query.

https://bscscan.com/token/0x603c7f932ED1fc6575303D8Fb018fDCBb0f39a95

Liquidity Query.

https://bscscan.com/address/0x603c7f932ED1fc6575303D8Fb018fDCBb0f39a95

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CoinW Exchange
CoinW Exchange

Written by CoinW Exchange

Established in 2017, our top-tier integrated trading platform offers futures trading and a range of other services to over 7 million users globally.

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