Apes Together—Stronger: Generate LP tokens via staking; profit via state-of-the-art algorithms
Ape-In to the ApeFarmer: Boost Your Yields
Built by apes, for apes. ApeFarmer is an advanced yield aggregator and optimizer developed on the Binance Smart Chain (BSC). A promising TechRate Blockchain Solutions-audited project, Apefarmer is built on the premise of giving apes a fair chance to generate hands-free yields. ApeFarmer’s smart contracts generate cost-efficient (automatic) yields. They also effectively explore and benefit from the top DeFi: PancakeSwap (PCS), BBQswap, Babyswap, etc. ApeFarmer proudly presents “Safe Ape” and “Degen Ape” sections. These sections permit benefiting from higher yield farming profits on the tokens owned. ApeFarmer Protocol would maintain a market cap (MCAP) that rises on a steady pace via ensuring deflationary measures’ implementation.
The $APEF Token: Utilities & Functions
$APEF is ApeFarmer’s native token. There is no maximum supply of the $APEF token, instead it features auto-burning functions plus utilities as follows:
- Yield Farming / Pools: Holders will be permitted to stake their $APEF LP tokens plus the $APEF single stake tokens to earn $APEF and WBNB.
- Lottery: Participation in the $APEF lottery
- NFTs: Trade for Limited Edition APEFARMER NFTs via utilizing $APEF
- Governance (DAO): $APEF staking holders would be allowed to present to the ApeFarmer Protocol changes (they deem fit). These could relate to emissions, burn rates, new pools / yield farms, etc.
The tokenomics and distribution of the $APEF token:
The ApeFarmer Protocol’s roadmap is as follows:
Meet the Lucky Apes
A unique weekly draw, “Lucky Apes” involves ticket holders selecting five random numbers for winning $APEF tokens. If the Lucky Ape picks numbers rightly, rewards would be won. Worth noting is that a tiny portion of the prize pool would be used for deflationary measures—burnt.
ApeFarmer DAO Governance (Ape DAO)
The ApeFarmer DAO governance is set to inject absolute decentralization in the ApeFarmer protocol. Voting would be allowed by ApeFarmer holders especially on vital alterations in the protocol (e.g., emissions, addition or removal of incumbent vaults, and new tokens’ minting).
ApeFarmer: Economics & Fees
ApeFarmer has zero fee for deposits, lockups, and $APEF rewards. Some vaults would be having 24-72-hour timelocks to keep scammers (hastening entry-exit) away. The $APEF rewards shall be allocated to the ApeFarm Vaults at the rate of $0.15 $APEF / BLOCK. There will be a developer team reward of 9%. The ApeFarmer vaults’ withdrawal fees would be 0.1%-0.5%. If single staking, the $APEF vault would attract for 72-hour a 0.5% withdrawal fee. The performance fees shall be in the range of 7%-29%. The network and dev fee is set at 1.5%. Lastly, the Ape Zap fee (used for buying and distributing $APEF to holders via vaults) is set in the range of 0.1%-0.5%.
ApeFarmer has partnered with exciting projects. These include Buffalo Swap ($BUFF), Virvia ($VDV), and BabySwap ($BABY). With BabySwap, the partnership objective is to enhance ApeFarmer’s exposure to the forthcoming yield aggregator. BabySwap holders can stake their tokens in ApeFarmer’s smart contracts to augment (cost-efficient) profits whilst boosting the TVL. Virvia’s strategic objective is to connect old money with the new digital money. Virvia’s $VDV token is poised to be accepted as a payment method for ecommerce stores whilst saving money. The formal partnership with Buffalo Swap would transmit benefits of Buffalo’s “fair, sustainable, and safe yield optimizer for everyone.”
ApeFarmer: List of Initial Vaults
ApeFarmer has a couple of its farms / pools having lockups and deposit / withdrawal fees levied via the underlying DEX. This should be duly kept in mind. This information will be specifically stated in vault details, as well. The right is reserved to remove / add pools if necessary. Community voting will be allowed on removal / addition of pools upon DAO’s incorporation.
Initial SafeApe Vaults
- APEF, APEF / BNB, APEF / BUSD (via PCS)
- CAKE, CAKE / BNB, CAKE/BUSD (via PCS)
- BABY, BABY / USDT, BABY/BNB (via BabySwap)
- DOGGY / USDT (via BabySwap)
- BabyDoge / USDT (via BabySwap)
- SHIB / USDT (via BabySwap)
- BANANA, BANANA / BNB, BANANA / BUSD (via ApeSwap)
- BUSD / USDC, BUSD / DAI, BUSD / USDT (via ApeSwap)
- USDT / BNB, ADA / BNB (via PCS)
Initial DegenApe Vaults
- BBQ, BBQ / BNB, BBQ / BUSD (via BarbecueFinance)
- BISON / BNB (via ApeSwap)
- FEG / BNB (via ApeSwap)
- ALPACA / BUSD (via PCS)
- BAKE, BAKE / BNB, BAKE / BUSD (via BakerySwap)
- PANTHER, PANTHER/BUSD, PANTHER/BNB (via PantherSwap)
- PIRATE / BNB (via PantherSwap)
- beltBNB, beltBTC, beltETH, 4Belt (via BELT)