What is ApeSwap Finance (BANANA) and How to buy ApeSwap Finance (BANANA) ？
ApeSwap Finance, also known as BANANA, is a decentralized finance (DeFi) platform that provides users with a comprehensive set of tools to explore and participate in their wealth accumulation process. The platform promotes cross-chain assets while also strengthening the Polygon Cohort.
What exactly is ApeSwap?
ApeSwap is a decentralized exchange built on Binance Smart Chain (BSC) and Polygon to provide their users with a smooth trading experience. ApeSwap users are encouraged to pool liquidity through yield farming in order to gain access to the native currency, $BANANA. Apes can also stake their $BANANA earnings to gain access to additional tokens and special features.
ApeSwap's Core Values
Accessibility. Create tools that allow users to take advantage of DeFi opportunities regardless of their location, wealth, background, or experience.
Transparency. Transparent governance and processes ensure that the community understands its objectives.
Security. As a first priority, ensure the safety of the funds of users and partners.
What exactly is the BANANA token?
Apeswap uses a dual-token system, with BANANA and GNANA serving as the two main utility tokens. GNANA tokens reward users with governance and special benefits, whereas BANANA tokens reward liquidity providers. BANANA has four primary applications:
GNANA can be purchased with BANANA.
Stake it in order to gain more BANANA.
Earn rewards by lending BANANA on lending platforms.
Exchange it for other tokens.
The BANANA token is an inflationary token with no cap on total supply.
How do I get a BANANA token?
Follow these steps to purchase BANANA on MEXC:
1.Log in to your MEXC account and then select [Trade]. Select [Spot].
2.To see the available trading pairs, type "BANANA" into the search bar. Consider the BANANA/USDT pair.
3.Scroll all the way down to the [Spot] box. Enter the number of tokens you want to purchase. You can place a Limit order, a Market order, or a Stop-limit order. Consider the Market order. To confirm your order, click [Buy BANANA]. The purchased tokens will be stored in your Spot Wallet.
Recent Price Movement
On September 4, 2021, BANANA price reached its all-time high (ATH) of 4.4 USD. On November 21, 2022, the lowest price since the ATH date was 0.05 USD.