ApeSwap to Partner with Floki to Use the FlokiFi Locker Protocol

FLOKI
3 min readAug 9, 2022

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Leading BSC DEX and DeFi platform ApeSwap has formed a strategic partnership with Floki and has committed to using Floki’s newly-released, innovative crypto locker solution FlokiFi Locker to secure Liquidity Pool (LP) tokens of projects listing on its platform.

ApeSwap is a leading Automated Market Maker (AMM)/DEX on the Binance Smart Chain network with Total Value Locked (TVL) of $113 million and peak TVL of $663 million during the bull market. The ApeSwap platform also has Total Trade Volume (TTV) of $17.3 billion, showing massive activity on the platform.

With at least 10–15 projects reaching out organically to list on the ApeSwap platform every day, ApeSwap is undoubtedly one of the hottest DEXs on the BSC chain.

ApeSwap x FlokiFi Locker

With this partnership, ApeSwap will be adopting the FlokiFi Locker as its main protocol for locking LP tokens of projects that launch on its premium launchpad platform. ApeSwap will also be recommending FlokiFi Locker as the preferred LP locker solution to projects that list on its platform (ApeSwap gets 10–15 organic listing requests daily!).

We have also created a Liquidity Pool (LP) on the ApeSwap DEX to make it easy for people to trade the FLOKI cryptocurrency on the ApeSwap exchange.

Furthermore, we will be coordinating a “Treasury Bill” sale with the ApeSwap team​​ to boost the initial liquidity provided to the ApeSwap platform.

The “Treasury Bills’’ program is ApeSwap’s innovative liquidity mining program that allows projects to bolster their liquidity on the ApeSwap DEX by providing a set amount of tokens. Unlike regular liquidity mining/farming programs in DeFi where users provide liquidity to farm project tokens only to remove liquidity after the farming program ends, leading to supply inflation and dumping of tokens, ApeSwap’s Treasury Bills program ensures that liquidity generated permanently belongs to the project team, adding true value and creating a stronger liquidity pool.

Besides its leading DEX and the Treasury Bills program, the ApeSwap protocol also has several key programs that include the ApeSwap Lending Network (with a TVL of $34 million), a premium launchpad, and a utility token staking platform.

This partnership is the coming together of two industry innovators with shared ideals working together towards contributing to each other’s growth as well as the growth of the wider industry ecosystem.

About ApeSwap

ApeSwap is a leading Automated Market Maker (AMM)/DEX on the Binance Smart Chain network with Total Value Locked (TVL) of $113 million and Total Trade Volume (TTV) of $17.3 billion on their platform.

Besides its leading DEX and the Treasury Bills program, the ApeSwap protocol also has several key programs that include the ApeSwap Lending Network (with a TVL of $34 million), a premium launchpad, and a utility token staking platform.

Website: https://apeswap.finance/

Twitter: https://twitter.com/ape_swap

About Floki & FlokiFi Locker

FlokiFi Locker is a secure and innovative crypto locker solution that allows crypto project developers and individuals to quickly and securely lock Liquidity Pool (LP) tokens, NFTs, and fungible tokens. It is the only locker protocol to integrate the ERC-1155 standard.

FlokiFi Locker is one of Floki’s key utility products that is powered by the FLOKI token and backed by the strong Floki brand as well as several leading industry brands.

Floki is the people’s cryptocurrency and one of the most recognizable crypto brands, with an active partnership with a leading Formula 1 team and partnerships with 8 international football brands. These partnerships have exposed the Floki brand to a mainstream audience of billions of people.

Website: https://www.floki.com/

Twitter: https://twitter.com/realflokiinu

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Written by FLOKI

FLOKI is the main utility token of the Floki Ecosystem. Learn more about FLOKI: https://floki.com

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