ApeSwap Announces the Last Month of #HotDeFiSummer Proposals

The #HotDeFiSummer experience is finally coming to an end and will feature more exciting innovations from the Decentralized Exchange Protocol.

By
Utulu Hope
on
August 6, 2021
Category:
BSC News

#HotDeFiSummer: The Last Stretch 

ApeSwap will end its #HotDeFiSummer program this month (August) after previous successful campaigns. However, the Decentralized Exchange (DEX) on Binance Smart Chain (BSC) has announced that the latest round will feature many exciting innovations. 

ApeSwap launched the #HotDeFiSummer program in June to bring users the best Decentralized Finance (DeFi) projects offering the best Annual Percent Rates (APRs) from yield farming as other incentives to boost users’ yield. However, the BSC-based DEX has announced that the program will close in August and will feature lots of benefits for ApeSwap users, according to its Medium post on 4th August. 

“Apes, as we round the corner into the last month of #HotDeFiSummer, we want to make sure we go out with a bang. August is another scorching month for us in the Jungle, so it’s our promise as always to keep bringing you the best that ApeSwap has to offer,” the blog post read, promising users an exhilarating last experience of the final #HotDeFiSummer program. 
Source

In this light, ApeSwap has dropped the details of what users should expect from the program's grand finale. Are you ready to go Bananas one last time?!


What To Expect in August 

According to the Medium post, ApeSwap promised a long list of exciting incentives for users in the last phase of the #HotDeFiSummer program. Here is a rundown of some of the crucial features users should expect from the closure of the ground-breaking program: 

  • Auto-Compounding Burning Vaults: The latest DeFi Summer round will feature Auto-Compounding vaults. Therefore, users will farm and obtain yields automatically. 
  • Updated Homepage: ApeSwap will develop a new and improved homepage for users, providing them with the latest updates, news, and big events on the DEX. 
  • New Governance Proposals: ApeSwap will announce its next governance snapshot on 9th August. For more information about the DEX’s governance proposals, refer to their article about proposals
  • New Trading Pairs: The DEX will add fifteen new trading pairs across BSC and Polygon networks, ensuring that users benefit from the best APRs. 
Source

The Medium post has the full details of the exciting plans in store for ApeSwap users, including a round-up of the last #HostDeFiSummer campaign held in July. We can only expect that the latest and final round will be one to remember in the future. 


About ApeSwap 

ApeSwap is a top name in the BSC network. It is the leading DEX on the fast-growing network, which offers the best trading experience. ApeSwap is a blend of a decentralized exchange, yield farming, staking, and an automated market maker (AMM). 

Users of the protocol are advised to partake in its liquidity pool offerings through its yield farming options to earn its native BANANA token. What’s more, these earned tokens can be used to stake and earn other tokens and unlock deluxe features. 

For more about ApeSwap:

Website | Twitter | Docs | Medium | Telegram


Tags:
Utulu Hope

UC Hope is a passionate fan of crypto who could weave the latest event into sparks of inspiration and information. He leaves no stone unturned to get to the core of a story. Aside from writing, he spends his hours poring over algorithms and protocols, preparing for a future career as a computer programmer. He hodls mostly in Ethereum, BNB, and, Avax.

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