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ApeSwap (BANANA)

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Explore the ApeSwap (BANANA) ecosystem with real-time charts and updates. Gain insights into the BANANA Token market, learn cryptocurrency trading, and immerse yourself in the dynamic world of digital finance. Stay informed about factors influencing BANANA Token prices through news coverage and market insights for a comprehensive understanding of the ApeSwap platform.

ApeSwap (BANANA) Price Real Time-Data

The live price of ApeSwap (BANANA) is $0.001 with a 24-hour trading volume of $536.77316759. Its 24-hour peak value is $0, and its 24-hour low is $0. The current circulating supply is 203.94M BANANA, leading to a fully diluted market capitalization of $220.35K. The ApeSwap (BANANA) to USD price is updated in real-time.

What is ApeSwap (BANANA)?

ApeSwap (BANANA) is a decentralized exchange (DEX) on Binance Smart Chain (BSC), offering a comprehensive DeFi toolkit. It facilitates various functions such as token swaps, liquidity provision, staking, lending, borrowing, IDOs, and margin trading. ApeSwap aims to provide accessible financial opportunities through transparency, security, and a community-driven DAO.
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Learn more about ApeSwap (BANANA)

FAQ

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Who are the founders of ApeSwap (BANANA)?
ApeSwap was launched in 2021 by a team of over 15 pseudonymous members, including ApeGuru, ApeTastic, Harambe Nakamoto, DK, and Obie Dobo. The team, represented by avatars like Harambe and Donkey Kong, has been actively working on the project for nearly a year, demonstrating a commitment to its development.
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How many ApeSwap (BANANA) are there?
ApeSwap operates on a dual-token model with BANANA and GNANA. BANANA is an inflationary token with a daily emission of 316,800, distributed to various purposes like yield farms, pools, and burning mechanisms. GNANA, a governance token, accompanies BANANA with exclusive benefits and access. ApeSwap employs deflationary mechanisms, including buyback and burn strategies.
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What are the potential use cases for ApeSwap (BANANA)?
BANANA tokens serve multiple purposes, including staking for additional BANANA, acquiring GNANA, lending on the platform for rewards, and swapping for other tokens. ApeSwap stands out with features like yield farms, auto-compounding vaults, Burning Vaults, IDOs termed "Initial Ape Offerings," and NFTs like "non-fungible apes." BANANA's utility extends to governance, incentivizing liquidity providers, and participating in various DeFi functionalities.
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What is the history of ApeSwap (BANANA)?
Launched in 2021, ApeSwap has become a prominent DEX within the Binance ecosystem. The team, though pseudonymous, has been actively involved in the project's development for almost a year. ApeSwap boasts partnerships with significant projects like FRAX, LUNR, KAI, and Animoca Brands. The platform's mission is to decentralize traditional finance, fostering a fair economy through a sustainable, community-driven DAO. Audited by DeFi Yield, Certik, and BSC Gemz, ApeSwap ensures security and transparency.