The more $BANA a trader holds, the greater the benefits and perks they enjoy on ApeX Pro.
ApeX Pro
Singapore, Singapore, Sept. 01, 2022 (GLOBE NEWSWIRE) -- ApeX Pro, a derivatives DEX that leverages StarkEx's scalability engine to deliver high altitude performance trades with its new order book model, is powering a retroactive airdrop of 1,500,000 $APEX tokens for traders and influencers.
ApeX Pro is built on the ApeX Protocol, a decentralized and non-custodial network that engineers products for high-performing precision trades in the decentralized derivatives market.
Designed to meet traders’ needs for a platform that not only offers the security and transparency of a DEX, but also the speed and usability typically associated with centralized systems, ApeX Pro is reshaping the way derivatives trades are executed under a new social trading framework. This is based on the belief that the barriers to Web 3.0 entry are better scaled when traders — aspiring or seasoned — invest, share and interact in the same metacommunity with one another.
Permissionless Access to the Perpetual Swap Market
Built on StarkEx’s Layer 2 scalability engine, ApeX Pro will accelerate crypto derivatives trades for traders at a vastly different standard from existing DEXs in the market — with higher transaction and settlement speeds, minimal fees and increased cross-chain flexibility. All while preserving topmost security and privacy with cryptographic proofs in the validation of transactions.
Delivering an order book model while supporting multi-chain deposits and withdrawals for EVM-compatible chains, ApeX Pro is not only providing traders with easy platform onboarding but also a wider selection of cross-chain asset support to cater to the individual trading preferences of the crypto community.
Powered By Trade-to-Earn Rewards
With the launch of ApeX Pro, the protocol will also introduce its trade-to-earn reward token $BANA, which is minted from a total of 50,000,000 $APEX with a minimum lock-up period of 12 months. $APEX is ApeX Protocol’s native token and provides holders with control over governance, protocol incentivization and other community perks.
Traders can get access to $BANA earnings by participating in weekly Trade-to-Earn events based on total fees and rewards accumulated per weekly epochs. $BANA incentives will fuel ApeX Pro’s trading ecosystem.
The more $BANA a trader holds, the greater the benefits and perks they enjoy on ApeX Pro. On top of that, $BANA can be contributed back to a Buy & Burn Pool (BBP), or converted back to $APEX pro-rata after the lock-up period ends.