BANANA
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Ticker: $BANANA
Chain: BNB Chain (BEP-20)
BANANA is the primary native utility token of the ApeSwap ecosystem. BANANA serves several functions for the protocol, including staking in BANANA pools to earn rewards, rewarding users for adding liquidity to the ApeSwap platform, and incentivizing markets on the ApeSwap Lending Network.
As our primary utility token, BANANA can be used in several ways:
Contract Address:
In order to control return-on-emissions for the protocol, ApeSwap burns BANANA tokens every Thursday, removing them from circulation and reducing inflationary pressure. For more information on how ApeSwap manages the supply of BANANA, visit the page.
Users can purchase BANANA using BNB Chain, Polygon, Ethereum, or Arbitrum tokens on the of the Exchange page.
Users can also earn BANANA by adding liquidity to the ApeSwap DEX on the of the Exchange page, then staking their liquidity provider (LP) tokens in one of our . Or, they can lend/borrow crypto assets on our to earn BANANA rewards.
Visit the page to learn more.
1) Stake BANANA tokens in our to earn more BANANA, or tokens from partner projects
2) Acquire GNANA on the page
3) Add liquidity on the of the Exchange page by pairing BANANA with other tokens to create liquidity provider tokens (APE-LP tokens) that earn trading fees and can be staked in Yield Farms or BANANA Maximizers to create passive income
4) Purchase using APE-LP tokens and earn BANANA over a certain vesting period
5) Lend BANANA on our to earn interest
6) Borrow against your BANANA on our to unlock liquidity without having to sell BANANA
