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)

IDO on November 19.