THE FUTURE IS DEFI– HOW APESWAP IS USING THE BINANCE SMART CHAIN TO BOLSTER DECENTRALIZED TRANSACTIONS
Decentralized Finance (DeFi) is not a new phenomenon per se because it is one of the highlights of the Bitcoin blockchain – and later, the Bitcoin cryptocurrency.
DeFi seeks to do away with traditional systems of finance that exclude many, bankrupts millions of people, and only makes a few people rich.
Today, we can see how far the entire cryptocurrency revolution is causing the global financial system to rethink some of the policies and stances on how transactions are made.
Decentralized Finance (DeFi) isn’t without blemish. Over time, we have seen a wide range of accusations, ranging from high transaction fees to delays in confirming transactions.
Such doesn’t speak well of a financial system that promises to be better than what traditional financial ecosystems have to offer.
It is on that note that I am pleased to introduce a new platform that does not only promise to make Decentralized Finance (DeFi) attractive but also walks the talk. The name of the platform is ApeSwap. In this article, I will explain some of the ways that this platform is pushing the Decentralized Finance (DeFi) industry to greater heights.
INCENTIVES FOR LOYAL MEMBERS
Incentives or rewards serve as a means of encouraging good behavior and an excellent job. ApeSwap understands that, which is why the platform offers incentives to the Liquidity Providers (LPs) who labor to provide the decentralized exchange (ApeSwap) with sufficient liquidity so that cryptocurrency transactions can be fast-tracked.
PASSIVE INCOME OPPORTUNITIES
One of the best ways to make money and become wealthy is to find a way to make money even when you are not actively working for it. Passive income is the model – and ApeSwap has designed it to work for its users.
As a Liquidity Provider (LP), you are allowed to provide liquidity and earn the BANANA Token. This is something you can do just once, and you will keep receiving the rewards. There is also an additional opportunity for you to stake the BANANA Token you earned in the pool so you can earn passive income.
ApeSwap is a Decentralized Exchange (DEX) that offers more trading opportunities. Because it is fully focused on how to make Decentralized Finance (DeFi) more attractive, the platform offers advanced trading tools that will make you a better DeFi trader and investor.
Also, it uses the Binance Smart Chain (BSC) architecture, which is one of the fastest blockchain networks. That way, you can place your trade orders, and the same will be executed in real-time.
MULTIPLE INCOME OPPORTUNITIES
Aside from the passive income opportunity made possible via liquidity provision and staking, ApeSwap also has some other ways for the users to generate additional income.
The first is the ApeSwap Lottery, a decentralized lottery service where you can participate and win cryptocurrencies.
There are also the Initial Ape Offerings (IOAs), where you can catch and invest in viable cryptocurrency projects before they become public knowledge. Then, when the value of the cryptocurrencies skyrockets, you can sell for more profits.
ApeSwap offers more decentralized trading opportunities than I just mentioned. You want to trade on the exchange so you can make a personal opinion of what you feel about it – but I am certain you will like the exchange.
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Telegram Channel: https://t.me/ape_swap_news
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Wallet Address: 0x5B4966e5Cf0a2fdfD3009C31A8152dED58b875aF