Decentralized Finance, or DeFi for short, is changing how people interact with money in a way that makes the financial lego more accessible, decentralized, and efficient. Over the last few years, there were many great innovations in the DeFi space, including borrowing, lending, staking, yield farming, token swapping, flash loans, and more.
One of the leading DeFi platforms is Apeswap, a platform positioned as being among the most connected DeFi hubs available today.
Imagine a place where you could exchange/trade any currency and get an annual percentage rate (APR) on your money at any given time. Sounds great, right? Well, that’s exactly what ApeSwap is attempting to reach.
Let’s talk about how they look to achieve this alongside NodeReal’s support and why this is working.
What is ApeSwap
ApeSwap is essentially a DeFi hub that provides a complete set of tools to investigate and interact with opportunities for DeFi. Whether you are new to crypto or you are a DeFi veteran, ApeSwap has the tools, community, and connections to support your decentralized finance needs.
More specifically, ApeSwap provides a DEX with yield farming, automated market makers (AMM), staking on the BNB Chain network and swap tokens on the BNB Chain, Ethereum and Polygon. Users of Apeswap can now trade between an estimated 200 tokens on both BNB Chain, Mainnet and Polygon. Trading fees in the form of APE-LPs, their native liquidity provider tokens, are a way for users to add liquidity to the DEX and generate passive income on the tokens they hold.
A secure, accessible, and open experience is what ApeSwap, a Decentralised Finance (DeFi) Hub on BNB Chain, Ethereum and Polygon, aims to offer to all users.
How is NodeReal Helping?
As ApeSwap continues to operate towards its goal to become the most connected DeFi hub, it requires high-performance infrastructure as its strong backbone. Recently they needed an infra provider to power their backend and meet their trading data subgraph RP requirements. After a few twists and turns, ApeSwap has eventually chosen us as the infrastructure partner.
ApeSwap’s mission is to become the world’s most connected DeFi hub. To achieve this aim Apeswap requires uncompromising high performance blockchain infrastructure to power their backend. ApeSwap recently reached transaction volume where they realised that they required a proven infra provider that will meet their trading data subgraph RP requirements. After reviewing options available, ApeSwap chose NodeReal to help them meet these goals.
According to the Apeswap team: “We used all EVM RPC providers out there and among them, Nodereal has the best performance while also being cost efficient”
This is achieved by our flagship product - MegaNode. We are skilled in having working data and debugging APIs on the archive node. The utilization of attributes such as the Archive Node RPC methods provides an undoubted advantage for Apeswap success. This is because of the following reasons to summarise.
- Our industry-leading response times on Archive RPC calls gave ApeSwap users a smoother and more accessible experience. During Apeswap’s actual adoption of our nodes, our average response time on Polygon and BNB Chain are 4ms and 11ms respectively, which is outstandingly fast in this industry.
- We provide archive information on blockchain nodes that are crucial pieces of information towards ApeSwap’s deep utilization they provide to their users, such as staking.
- Lastly, the scalability features that come whilst working with NodeReal can once again undoubtedly continue supporting ApeSwap on its journey towards its goal.
In our journey to make Web3 Real, DeFi is undoubtedly one of the most crucial segments that we are committed to empowering our partners. We are pleased to have partnered with Apeswap and enable it to provide a secure, accessible, and open DeFi Hub experience for all.
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