Peel + Banana The first algorithmic stablecoin on Apeswap, pegged to the price of 1 Banana via seigniorage. https://xitter.cf/t.co/5VB3QTA2l5

Joined January 2022
$PBOND- these can be purchased when the price of $PEEL falls below the price of $BANANA; when purchased, PEEL burns, exerting upward pressure on the price. PBOND can be redeemed with a bonus when the price of BANANA exceeds the price of PEEL
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$PSHARE- Dividends which can be earned by holding and staking your farms (the jungle) - a portion of PSHARE is used for the dev and community funds. This is what is used to buyback $PEEL when peel is under peg and can be bought back with $PEEL when above peg
$PEEL- Token that aims to peg BANANA- 1 PEEL = 1 BANANA is peg- this is the bread and butter of the protocol
We hope that @ape_swap enhancements will lead to a price recovery. Being pegged to $BANANA this is essential for the health of $PEEL If banana goes up in value so does peel!
An update to our community regarding the current state of the protocol ❤️🐵 ape-swap.medium.com/price-th…
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Peel Defi retweeted
Replying to @ApeBond @ape_swap
@PeelDefi what is tomb fork? I get the impression that many people don't understand this. That's how seigniorage works. Why are Pshare prices so low? This is because people who don't understand TOMB FORK are selling SHARE at a discount.
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Peel Defi retweeted
Replying to @ApeBond @ape_swap
@PeelDefi Would you like to earn money by betting $PEEL and BANANA for BANANA earned at NFA? You can bet with PEELdefi! This is a TOMB FORK with BANANA as the peg! If you can stock up when it's cheap and available for printing. You can earn PEEL and BANANA forever! check it out.
Peel Defi retweeted
Replying to @TarzApeSwap
@TarzApeSwap @DKtheNegotiator @Obie_Dobo Do you know PEELdefi? This is a tomb fork BANANA peg If @ape_swap and @PeelDefi could work together, it would be a huge project!
We are working hard to buy $PEEL back and peg it with all the equity we have! #apeswap #tombfork #2omb #3omb #bsc #MemeTech #blockchain #cryptotrading
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ape swapについて調べていたときに、日本のコミュニティの存在を知りました そして、私はあなたがそれに大きな貢献者であることを知りました! DMを送っておりますので 読んで頂ければ嬉しいです @n_yamada10 皮はバナナ1本の価格に固定されています #PeelDefi #Apeswap #BANANA #Tombfork #2omb
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Peel Defi retweeted
The entire ApeSwap team hopes everyone is staying safe and secure in these unprecedented times; and we remain here for our global community of apes. Stay safe, strive for peace, and be kind to those around you at any given opportunity. ❤️
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Peel Defi retweeted
Out of respect for the geo-political situation our presence on social media will be reduced to essential organizational commitments made to our users and partners.
We are working to get back to peg and have seen this strategy deployed correctly with other #tombfork's. Take all emissions and divide between the following: 40% $PEEL-$BANANA 30% $PSHARE-$BANANA 20% $PEEL-$PSHARE 10% Profit #PeelDefi #Apeswap #BSC #2omb #3omb
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Peel Defi retweeted
Did you miss the big news from last week? 👀 BSC is now #BNBChain🔶
The next step in the evolution of #BSC is here🤩 A new blockchain ecosystem designed for the age of MetaFi, powered by the BNB token. BSC is now #BNBChain🔶 ⏬Read the announcement⏬ bnbchain.world/en/blog/bsc-i…
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Peel Defi retweeted
Our partner @GrowthDefi introduced a new program that incentivizes protocols to hold their stable coin $MOR 🪙 💪ApeSwap holds MOR to earn yield as a protocol ➡️ More info: apeswap.click/MOR-Yield
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We have launched a new LP - stake $PSHARE-$PEEL and earn $PSHARE. 🍌🍌🍌 #PeelDefi #Apeswap #TombFork #2omb #3omb
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Peel Defi retweeted
Replying to @elonmusk
low key tho 👀
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