The $BANANA Token

All you need to know about our native token - $BANANA 🍌

General Details

Ticker: $BANANA

Contract Address: https://bscscan.com/token/0x603c7f932ed1fc6575303d8fb018fdcbb0f39a95

Chain: Binance Smart Chain (BEP-20)

There's currently no hard cap on the supply of BANANA token, making it an inflationary token.

Community members often point to this as a cause for concern, and while the founding apes certainly understand the wish for a hard cap, there's a big reason we don't expect to set one in the near future:

BANANA's primary function is to incentivize providing liquidity to the exchange. Without block rewards, there would be much less of an incentive to provide liquidity (LP fees etc. would remain). Learn more in the Controlling $BANANA Supply Section.

BANANA Properties

BANANA Emission

Emission/block (BANANA)

Emission/day (BANANA)

11 (10 for farming, 1 to dev wallet)

316,800

BANANA Distribution

Distributed to

Reward/block(% of emission)

Reward/block (total BANANA)

Reward/day

Farms

75%

7.5

216,000

Pools

25%

2.5

64,000

Deflationary Mechanics

At present;

  • 100% of trading fees have been used to buyback BANANA and burn (which we are planning to adjust in the future to build an ApeSwap Treasury)

  • 100% of BANANA raised in IAOs is burned