ApeSwap.Finance, the Yield Farming and DEX platform based on Binance, continue to stir the industry with its releases. Despite its short two-month market experience, ApeSwap is ready to launch ApeRocket.Finance, an IAO on May 20, 2021.
ApeRocket will have two primary offerings:
- IAO tokens bought through $BNB
- IAO tokens bought through $GNANA
Both token offerings take place side by side with the same price. However, they will differ on hard caps, UI pages, and purchasing methods. The platform currently holds 170,000,000 dollars in TVL (total value locked) and over 200,000 active monthly users. Achieving such feats within merely two months is commendable, but ApeSwap is not stopping here. ApeRocket with two different token offerings is the next milestone on AceSwap’s list. Here is what every trader needs to know about it:
ApeRocket Primary IAO Offering with BNB
To partake in the hour-long IAO offering, users only require BNB tokens. Here is some critical information regarding the offering:
- Token Pricing – 9 dollars per $SPACE paid through BNB
- Launch Time – May 20, 2021, at 3:00 UTC
- Hard Cap – 500,000 dollars
- On Sale – 55,556 $SPACE
- Period – 1 hour
ApeRocket Secondary $SPACE Offering with Golden Banana
Before delving into the offering details, understand that traders still need to pay for the Initial Ape Offering via GNANA. It will not be staking as the GNANA acts as funding for the Initial Ape Offering. Users will receive $SPACE in return, and the unreturned tokens will be burnt. Currently, GNANA holds a value of 1.38 $BANANA price for the IAO.
Here are the details regarding the second IAO offering:
- Token Price – 9 dollars per $SPACE paid through $SPACE
- Launch Time – 20 May 2021 at 3:00 UTC
- On Sale – 27,778 $SPACE
- Har Cao – 250,000 dollars
- GNANA to burn – 250,000 dollars
- Period – 1 hour
What will happen after the offerings are wrapped up? Here is an overview:
- Right after the Initial Ape Offering: BNB tokens – $SPACE LP = Earning 100,000 dollars $SPACE
- On May 27, 2021: $GNANA staking pool = Earning 100,000 dollars $SPACE
- On June 3, 2021: BNB tokens – $SPACE Farm = Earning $BANANA
ApeRocket will propose users earn compounding benefits without any effort. It will calculate the best compound frequency while automatically compounding tokens for optimal results. Seeing ApeSwap’s current success, the market expects great things from the platform. If everything wraps up smoothly, ApeRocket will help ApeSwap reach greater heights.
Three months ago, nobody could have guessed that a newly released DEX will incur a TVL of 170,000,000 dollars. ApeSwap.Finance also gathers 200,000 monthly users and aims to increase them with ApeRocket. The automated yield earning platform will hold an IAO on May 20, 2021. Users can partake in the offering via both BNB.