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ApeSwap

ApeSwap Unveils New Banana Bill With Major Discount 

ApeSwap unveiled its second Banana Bill on April 18. The protocol launched the production as plans for the main launch went on on April 22.

The BANANA Bill is one of the two layouts in the protocol’s profit-generating Non-Fungible Token (NFT) Treasury Bills product that went live on April 12. This unique product grants permission to users to purchase $BANANA at discount prices when furnishing Liquidity Provider (LP) tokens.

ApeSwap first unveiled the BANANA-BNB and BUSD-BNB LP tokens before attaching the latest one, BUSD-USDC. The multi-chain Decentralized Exchange (DEX) platform on the BNB chain gives users updates about the new BANANA Bill product on April 18 via Twitter.

When the first BANANA Bill was unveiled, a lot of users provided LPs and acquired $BANANA tokens at a discounted rate. Nonetheless, the discount rate decreased to below 0% after the hefty adoption and both bills were inaccessible.

Recently, the Treasury Bill page reveals that users can only grant liquidity when the discount is above 0% because a lot of users have added liquidity.

Users are expected to confirm the Treasury Bills Page for more buying opportunities. Currently, the three BANANA bills are inaccessible due to massive adoption. Moreover, ApeSwap will unveil one more BANANA Bill on April 20 (ETH-BNB LP) before the main launch.

ApeSwap is the foremost decentralized exchange (DEX) on the BANANA Bill (BNB) chain, which gives users the best trading experience. It is a perfect blend of DEX, staking, yield farming as well as an Automated Market Maker (AMM).

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