RugZombie is on a Jungle Cruise with the ApeSwap BUIDL Program!

Zombie Horde, our Undertakers are very literally going BANANAS to share that we have applied for the Apeswap BUIDL program and are currently cooking up our plans to move or LP over to Apeswap.

What is ApeSwap?

ApeSwap is a leading decentralized exchange (DEX) on Binance Smart Chain and Polygon focused on offering a premier trading experience. Users are incentivized to pool liquidity on ApeSwap through yield farming to earn the native currency, $BANANA. Additionally, apes can use their earned $BANANA to stake and earn other tokens and unlock exclusive features. Built by DeFi apes, for DeFi apes, we have a dedicated team with years of experience who are committed to the DeFi community and growing the ApeSwap Jungle.

What are the Benefits of the BUIDL program?

ApeSwap is currently one of the leaders on the MVB leaderboard and one of the hottest DeFi exchanges on BSC and Polygon. They are well known for their desire to work with new projects and help promote clean, safe DeFi experiences for all apes!

RugZombie hopes to benefit from this program by having increased reach to the over 40 thousand unique wallet holders to start, and we will benefit from all the aspects of the program including marketing funds from the ApeSwap team, a reimbursement on our upcoming audit with Hashex, and closer partnerships with their Jungle Partners, which you can see here.

Upon graduating the program, we will be listed on ApeSwap DEX within a short list of tokens (actually 10 projects are listed on ApeSwap DEX compared to more than 70 projects listed on Pancakeswap).

DEX transaction fees are better for our users on ApeSwap then Pancakeswap : The transactions fees are both 0.3% on each DEX but 0.25% are redistributed to LP (liquidity providers) on ApeSwap compare to 0.20% on Pancakeswap.

TLDR: It is a great move for our platform and users alike.

Just the Beginning

We believe in the team at ApeSwap and have been searching for an AMM partner that fits our needs. We have many ideas of deepening a partnership with this amazing platform, including but not limited to ideas such as:

• BANANA Spawning Pool
• Exclusive Ape Auctions
• Pools and Farms on the ApeSwap platform
• Future GaMiNg Fun 🙂

How Does This Affect You?

Currently, our Migration Plan is being constructed so RugZombie holders and users do not need to do anything. Simply wait for our Migration Plan to be announced.

Here is a quick brief for right now, but please do not make any moves until we announce our migration plan:

Token Holders

You will be able to buy and sell ZMBE on either PCS or ApeSwap, and it may even create arbitrage instances for you. We would humbly request you to use Ape.

GRAVE & Spawning Pool Stakers

This will not affect our graves or spawning pools in any way.

LP Providers / TOMB Stakers

Not much will change: users are free to keep their LP in our TOMB on PCS or move over to ApeSwap, which we will prefer and incentivize. Funds will always remain SAFU and no action is needed.

Take care that our withdrawal fees and whale taxes still apply when moving LP from TOMBS. These fees are hard coded into the TOMB. Read more HERE. We recommend waiting for our MIGRATION PLAN announcement.

We will continue to keep some of our liquidity on pancakeswap. Users will still be able to buy, sell, create LP on PCS without hindrance. In order to celebrate and incentivize our move to ApeSwap, we will be changing the emissions for our TOMBS to favor the ApeSwap pairing and desire to have 75% of our LP in this tomb.

If you have LP that is NOT in the TOMB, it will easy to move over and we will announce this transition with our Migration Plan.

For those who are staked in our TOMB and desire to move to the ApeSwap TOMB, please wait for our Migration Plan details as there will be a few notes you will need!

Future Users and LP Providers

We will have two available TOMBS, one on PCS and one on ApeSwap. We will prefer ApeSwap with our yields and incentivize this pool, but you are free to use the PCS TOMB if you so choose.

STAY TUNED FOR OUR UPCOMING MIGRATION PLAN.

THAT’S ALL FOR NOW. WE HOPE TO SEE YOU IN THE JUNGLE!

Originally published at https://www.publish0x.com.