AppleTree Finance

AppleTree Finance

Created using Figma
Created using Figma
A decentralized protocol that allows you to use liquidity pool (LP) tokens and other pool tokens from other BSC projects as collateral
Data is not available
To be announced
Token Details
Ticker
APL
Additional Details
Categories
Platform

About AppleTree Finance

AppleTree Finance (AppleTree.finance) is a decentralized protocol that allows you to use liquidity pool (LP) tokens and other pool tokens from other BSC projects as collateral to generate APL, an BSC ecosystem soft-pegged stablecoin. AppleTree Finance assists users in maximizing the value of assets held in pools or vaults. AppleTree Finance allows users to give liquidity in exchange for higher yields from services like farming, borrowing, staking, swapping, and bridge assistance. APL is created by AppleTree Finance and is backed by existing collateral with a soft peg to 1 USD. Depositing collateral like liquidity provider tokens from AMM (automatic market maker) dexes (decentralized exchanges), lending, and other DeFi protocols can be used to create APL. The initiative aims to create a stablecoin that isn't backed by the US dollar while also releasing more liquidity from Liquidity Provider tokens (LP tokens). For minting APL, LP tokens from various chains and protocols can be utilized as collateral. Smart contracts manage the minting and burning of coins. The whole process is based on decentralized cross-chain functions/bridges that are trustless.

Activity

Followers:
6 173
HIGH
Tweets:
43
VERY LOW
30 Days Growth:
-47
Year commits:
1
Watchers:
0
Stars:
0
Forks:
0
Open issues:
0
$
Crypto Stats
Daily, %:
Weekly, %:
Monthly, %:
Market Info
Market Cap:
Volume 24h:
Circ. Supply:
Ticker:
APL
  • Because there may be time differences in information updates, accurate information about each ICO project should be verified through its official website or other communication channels.
  • This information is not a suggestion or advice on investing in ICO funding. Please thoroughly investigate the relevant information yourself and decide on ICO participation.
  • If you think there are issues or problems to be corrected on this content, or if you would like to submit your own ICO project to be listed, Please email us.
Please read the disclaimer and risk warning. Show disclaimer and risk warning.