ApeSwap
  • Welcome
    • 📣ApeSwap has rebranded to ApeBond
    • 👋What is ApeSwap?
    • 🌱I'm New Here
      • 📖DeFi Glossary
    • ⚡QuickStart Guide
    • ℹ️Disclaimers
    • 🍌ApeSwap Tokens
      • BANANA
        • BANANA Tokenomics
        • ⚡How To Buy BANANA
      • GNANA
        • GNANA Utility
        • ⚡How To Convert To And From GNANA
    • 🔍Mission & Vision
    • 🗣️Community
    • 🤝Partnerships
    • 🆘Support
  • Products & Features
    • 👨‍🚀ABOND Migration
      • 🚀How To Migrate
      • 🤔Migration FAQ
    • ⛓️Cross Chain
    • 🌐Wallets & Adding Funds
      • ⚡How To Connect Your Wallet
      • ⚡How To Use ApeSwap On Mobile Devices
      • Add Funds
        • ⚡How To Add Funds
      • Using Zap
    • 🔁Exchange
      • Swap
        • ⚡How To Swap Tokens
      • Liquidity
        • ⚡How To Add Liquidity
      • Pro Trading
        • ⚡How To Use ApeSwap Pro
    • 💰Bonds
      • Liquidity Bonds
        • ⚡How To Buy A Liquidity Bond
      • Reserve Bonds
        • ⚡How To Buy A Reserve Bond
      • ApeSwap Bond Pricing
      • Benefits to Partners
    • 💧Liquidity Health
      • Dashboard Methodology
        • Liquidity Strength
        • Liquidity Ownership
        • Liquidity Concentration
      • LHD Glossary & Tags
      • LHD For Projects
    • 💎Staking
      • Staking Pools
        • ⚡How To Stake Tokens
      • Yield Farms
        • BNB Chain Farms
        • ⚡How To Yield Farm
      • Hard Cap Migration - MasterApeV2
    • 💱Lending Network
      • ⚡How To Lend Tokens
      • ⚡How To Borrow Tokens
      • Lending & Liquidations
      • Lending Market Info
    • 🐵ApeSwap NFTs
      • NFA (Non Fungible Apes)
        • NFA Auction House
      • NFBs (Non Fungible Bananas)
  • ApeSwap DAO
  • ⚖️Governance
    • Governance Proposal Types
  • 📗History
  • 📋Priorities
  • 🏦Financials
    • Protocol Revenue
    • Burn Mechanics
  • ⚙️Disclosures
  • Partners
    • ✅Partner Benefits
  • Where Dev?
    • 📃Smart Contracts
    • 🔮Info & Analytics
    • 🔐Security
      • Audits
Powered by GitBook
On this page

Was this helpful?

  1. Products & Features
  2. Wallets & Adding Funds

Using Zap

Last updated 1 year ago

Was this helpful?

About Zap

Using Zap is the fastest way to go from holding any single token on BNB Chain, Polygon, or Telos to using one of ApeSwap’s robust DeFi services.

Zap functionality allows users to reduce the amount of steps needed to access a variety of ApeSwap products. There are three main ways to use Zap, which we’ll be rolling out in stages.

Single Token to LP

The first stage of the Zap feature is the ability to go from a single token to a liquidity provider (LP) token in a single transaction. Before Zap, users had to manually acquire both tokens of an LP pair, then combine them to receive an APE-LP token that represented that LP pair.

ApeSwap has implemented the Zap function on a number of products, including:

Single Token to Product

The second stage of the Zap feature is the ability to go from a single token directly into one of ApeSwap's DeFi products. Without this second stage, users must first create an LP (either manually or using the Zap stage 1 steps above), then stake those LPs into the various ApeSwap products.

Zap stage 2 allows a user to select a Treasury Bill or a Staking Pool, and then enter those products directly using the supported token of their choice. This reduces the number of transactions necessary to start earning vesting tokens at a discount (via Treasury Bills) or earning single-asset reward tokens (via Staking Pools).

Migrate LP

The third stage of the Zap feature is the ability to migrate external LPs held on other DeFi protocols into the ApeSwap ecosystem, all without leaving the ApeSwap platform.

As of September 14th, 2022, users can use a toggle on the Get LP modal to enable Zap. The Zap option will allow users to select an asset in their wallet (e.g., BUSD) and receive the target LP pair (e.g., BANANA-BNB) in one transaction. The tab of the ApeSwap DEX also has its own Zap section dedicated to single-token-to-LP Zaps.

To use Zap to migrate external LPs, users can visit the dedicated on the ApeSwap DEX, which will automatically detect LPs held on other platforms, then migrate them over to ApeSwap with only a few clicks.

🌐
Liquidity
ApeSwap DEX
BANANA Farms
ApeSwap Bonds
Migrate page