We want to apply to ApeSwap BUIDL πŸ—οΈ

Tako DeFi
3 min readApr 13, 2021

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Konnichiwa! ✌🏻

We are happy to announce that we will follow the process to apply to the Apeswap BUIDL program!
We believe this will be of great help to the project and our community supports it.

Why Apeswap 🦍?

For those who do not know it, Apeswap.finance is a DEX that also has Yield farm and staking functionalities, has been in operation for more than two months and has had exponential growth thanks to its work team and its constant updates. 🌟
Besides that, Apeswap offers certain advantages over Pancakeswap:

  • DEX transaction fees are better for our users on ApeSwap then Pancakeswap: The transactions fees are both 0.3% on each DEX but 0.25% are redistributed to LP (liquidity providers) on ApeSwap compare to 0.20% on Pancakeswap.

How we can apply 🀲🏻?

To access to this program we need your help! since we must first meet certain requirements.

LPs that are currently on PancakeSwap have to be moved to Apeswap’s liquidity.

In order to do that we need that users remove manually their LPs tokens from Pancakeswap liquidity to Apeswap liquidity, we will publish a post dedicated to the migration of your LPs tokens to Apeswap later today.

For our part we have created APE LPs pair for TAKO/BNB TAKO/BUSD and a new one TAKO/BANANA that will be used on the new farms. We also queue the addition of these new farms that will be available for staking from tomorrow.

The creation of these new farms were queued today on our 24H Timelock (You can check here) and will be applied starting from tomorrow April 14th at 17:00 UTC.

This does not mean that you will lose your tokens that are staked in PancakeSwap farms, but eventually you will stop getting $TAKO from them. You will always have the possibility to unstake your tokens on the web #SAFU πŸ‘πŸ».

Other changes that will be made are these:

  • We will add links that leads to buying on Apeswap
  • A new TAKO / BANANA farm will open with a good multiplier.
  • All PancakeSwap & Apeswap Farms will have a tag that announces it

In summary…

  • Tomorrow will be added new farms that work with the new APE LPs
  • There will be a new exclusive farm for the TAKO/BANANA pair
  • In order to apply to the program we need you to remove your token LPs from PancakeSwap and add them to Apeswap as APE LPs.
  • If you do not perform any of the steps nothing will happen, your tokens will remain where they are and you can remove them whenever you want, but in the future when we deactivate the Pancakeswap farms you will not generate $TAKO earnings.

Apart from obtaining greater liquidity if we manage to complete the requirements to apply to the program and we are accepted, Apeswap will open a Pool dedicated to $TAKO πŸš€.

Let’s do our best together! Thank you!

πŸ™πŸŒ

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Tako DeFi
Tako DeFi

Written by Tako DeFi

Your cool blooded best Yield Farm 🎣

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