ApeSwap
  • Welcome
    • ๐Ÿ“ฃApeSwap has rebranded to ApeBond
    • ๐Ÿ‘‹What is ApeSwap?
    • ๐ŸŒฑI'm New Here
      • ๐Ÿ“–DeFi Glossary
    • โšกQuickStart Guide
    • โ„น๏ธDisclaimers
    • ๐ŸŒApeSwap Tokens
      • BANANA
        • BANANA Tokenomics
        • โšกHow To Buy BANANA
      • GNANA
        • GNANA Utility
        • โšกHow To Convert To And From GNANA
    • ๐Ÿ”Mission & Vision
    • ๐Ÿ—ฃ๏ธCommunity
    • ๐ŸคPartnerships
    • ๐Ÿ†˜Support
  • Products & Features
    • ๐Ÿ‘จโ€๐Ÿš€ABOND Migration
      • ๐Ÿš€How To Migrate
      • ๐Ÿค”Migration FAQ
    • โ›“๏ธCross Chain
    • ๐ŸŒWallets & Adding Funds
      • โšกHow To Connect Your Wallet
      • โšกHow To Use ApeSwap On Mobile Devices
      • Add Funds
        • โšกHow To Add Funds
      • Using Zap
    • ๐Ÿ”Exchange
      • Swap
        • โšกHow To Swap Tokens
      • Liquidity
        • โšกHow To Add Liquidity
      • Pro Trading
        • โšกHow To Use ApeSwap Pro
    • ๐Ÿ’ฐBonds
      • Liquidity Bonds
        • โšกHow To Buy A Liquidity Bond
      • Reserve Bonds
        • โšกHow To Buy A Reserve Bond
      • ApeSwap Bond Pricing
      • Benefits to Partners
    • ๐Ÿ’งLiquidity Health
      • Dashboard Methodology
        • Liquidity Strength
        • Liquidity Ownership
        • Liquidity Concentration
      • LHD Glossary & Tags
      • LHD For Projects
    • ๐Ÿ’ŽStaking
      • Staking Pools
        • โšกHow To Stake Tokens
      • Yield Farms
        • BNB Chain Farms
        • โšกHow To Yield Farm
      • Hard Cap Migration - MasterApeV2
    • ๐Ÿ’ฑLending Network
      • โšกHow To Lend Tokens
      • โšกHow To Borrow Tokens
      • Lending & Liquidations
      • Lending Market Info
    • ๐ŸตApeSwap NFTs
      • NFA (Non Fungible Apes)
        • NFA Auction House
      • NFBs (Non Fungible Bananas)
  • ApeSwap DAO
  • โš–๏ธGovernance
    • Governance Proposal Types
  • ๐Ÿ“—History
  • ๐Ÿ“‹Priorities
  • ๐ŸฆFinancials
    • Protocol Revenue
    • Burn Mechanics
  • โš™๏ธDisclosures
  • Partners
    • โœ…Partner Benefits
  • Where Dev?
    • ๐Ÿ“ƒSmart Contracts
    • ๐Ÿ”ฎInfo & Analytics
    • ๐Ÿ”Security
      • Audits
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  1. Financials

Burn Mechanics

ApeSwapโ€™s goal is for BANANA to eventually become a deflationary token. In other words, the rate at which BANANA leaves circulation will be higher than the rate at which itโ€™s created. ApeSwap has implemented several mechanics to regularly burn BANANA to manage the tokenโ€™s inflation.

GNANA Burn Fee

Users who convert BANANA to GNANA incur a 28% burn fee upon conversion.

Last updated 1 year ago

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