ApplePie — Revolutionized Crosschain Defi Miners
Introduction
Apple Pie is a decentralized financial payment network that is reshaping the traditional payment stack on multi-blockchains. It utilizes a base of native and fiat-pegged stablecoins, algorithmically stabilized by its reserve currency PIE, to facilitate programmable payments and open financial infrastructure development.
The basic infrastructure of the Apple Pie DeFi protocol is similar to the previously seen yield farm; However, numerous advancements intrinsically elevate its status. Its unique implementation model performs through a strategically planned and embedded business model that ensures the vitality and safety of its framework.
The Apple Pie teams’ aspiration for future endeavors is noteworthy, as these advancements are solely planned to facilitate the Apple Pie user.
In the future, the Apple Pie team aims to bring on board multiple blockchains compatible with EVM, on the protocol. Our development team is working hard to release these features according to the roadmap, as the design of this feature is already in its final stage.
The ultimate aim of our design and development team is to shape this protocol into the largest reward pool and token platform on different major blockchains including BSC, ETH, AVAX, Fantom, MoonBeam, and Polygon.
Pool-as-a-service
The pool as a service concept represents the idea of contributing your funds in a pool to earn a fairly moderate return on your investment. This idea is a staple yield farming concept to generate a passive income. However, there is a slight shift in this basic idea of Apple Pie.
1. BNB Oven
In this oven, chefs will lock up their BNB in the pool in the hope of freshly baked delicious BNB pie, which can offer 10% daily ROI
2. USDT Oven
The stable currency USDT ovens enable amateur chefs to stake USDT in return for hot crisp USDT
3. CAKE Oven
This Oven lets you stake your holdings of Pancakeswap’s native token CAKE, in return for 10% ROI-ed hot piesss.
The Oven timer
Measurements are an integral part of any awesome recipe, as is the case with the Apple pie. If you wish to bake an Apple Pie as tasty as Uncle Ben’s or your Grandmas’, we recommend you adhere to the recipe provided by us. Nevertheless, after thorough consideration, we’ve realized that the optimal minimum period for withdrawals is a 7-day cycle, which breaks down into 6 days of Reheating your Pie and 1 day for Enjoying your Pie. This distribution is a win-win for the longevity of the protocol as well as your reward rate.
Referral Pie
“Those who bake together, earn together”, said the Marketing Lead, Apple Pie.
In Apple Pie referral baking scheme, users will receive a whopping 20% of the 4% dev fee on each referral baking.
Important Measurements
The noteworthy numerics are:
daily ROI 10%
APR: 3600
dev fee: 4%
Referral reward: 20%
To clearly understand the workings of these numerics, let's break down the recipe.
If you invest 10 CAKE with Apple Pie for a week, your investment will likely follow the same suit.
Day 0
Initial investment: 10 CAKE in CAKE oven
Note: When baking a Pie, always make the right choice with your ingredients!
Our Apple Pie protocol provides you with two exciting recipes (options)
- Lick Pie: this is a reference for consuming (withdrawing) your investment
- Heat Pie: which is a reference for re-investing your funds
Tokenomics
The Pie Chart Token will uphold the excavator just through its expense structure, as utilized by most tokens. 5% of every exchange will be straightforwardly changed over and moved to the Apple Pie contract, adding liquidity and balancing out the TVL depending on the situation. This will guarantee the lifespan of the undertaking and give the clients one more layer of safety.
Promoting and Development: 4% is distributed to showcasing and improvement to guarantee the consistent development of our financial backers and local area individuals, while 20% of the dev fee directly transfers to referrals automatically.
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Mоrе іnfоrmаtіоn аbоut thе рrоjесt
Website: https://applepies.co
Whitepaper: https://applepiefin.gitbook.io/applepie.financial/
Medium: https://applepiefin.medium.com
Github: https://github.com/applepiefin
Telegram: https://t.me/applepiefin
Twitter: https://twitter.com/Applepiefin
Reddit: https://www.reddit.com/r/applepiefin
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