ApeFarmer Vaults & Liquidity Launch
New farm launch. They have not revealed their contracts, which many projects don’t do until they launch their token. The lack of contracts led RugDoc to give them a “High Risk” rating, but it doesn’t even make sense that a RugDoc review was requested without contracts (maybe an investor did it rather than the team?) – you can’t request a review of nothing.
DETAILS
- Liquidity launches at 7pm UTC on November 20
- Vaults begin emitting rewards at 10 pm UTC on November 20
- The IDO was held on Starter.xyz here and sold out
- IDO rate: 0.0015000 BNB per APEF
- Listing rate: 0.0015000 BNB per APEF
- Initial marketcap: $480,000
- No max supply of APEF
- 400,000 tokens will be available for the private & public IDOs, it is unclear exactly how many are being made available for this specific Starter.xyz round
- No deposit fees
- Some vaults will have 24 – 72 hour lockups to prevent depositing
- 0.15 APEF / block
- 9% of emissions to dev
- 0.1% – 0.5% withdrawal fees
- 7% – 29% performance fee
- 1.5% “network and dev fee” – it’s unclear when this is charged, on deposit, on withdrawal, on rewards, etc.
- 0.1% – 0.5% fee on Ape Zap (to create LPs)
- Twitter: https://twitter.com/ApeFarmer
- Telegram: https://t.me/apefarmeryields
- Type of Audit, Review or KYC: RugDoc - High Risk
- Audit / Review: https://apefarmer.com/audit/watchpug
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Additional Notes:
Audit by WatchPug.