Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Crypto Exchanges => Binance => Topic started by: RSRS on July 31, 2021, 07:11:13 AM
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It appears that the ever-growing Binance ecosystem has something competitive to PancakeSwap that can fuel mainstream DeFi adoption. With the traders getting accustomed to decentralized exchange platforms due to DeFi explosiveness, the current crypto landscape is flooded with various DEX platforms leveling up the ground to provide a comprehensive trading experience to users.
The massive DeFi activity on the Binance Smart Chain during the bullish phase swarmed the network with cutting-edge DEX platforms, bringing unparalleled functionality and providing various benefits to DeFi users. While BSC was on the ride to steal Ethereum’s thunder, the latter suffered from excessive amplification of limitations due to the overall DeFi growth. ApeSwap dived in as one of the powerful DEX platforms actively contributing to the development of the BSC ecosystem.
While other DEXes dominated the BSC ecosystem, ApeSwap emerged as a strong contender powered by technological innovation to drive the market.
Incepted as a platform built by “DeFi Apes for DeFi Apes,” the preeminent DEX platform has introduced two native tokens for its community, namely $BANANA & $GNANA. The former is a utility token, whereas the latter is an innovative derivative token to balance the activity on the native token.
More Information (https://cryptonews.net/en/news/market/1235271/)