# Ape Finance
Ape Finance is a **decentralized gambling platform** running on Binance Smart Chain and Pancake swap exchange.\ \ Long term we have many other features planned such as charity NFT auctions, larger investment funds. Plus other games that let you **earn and win tokens**. \ \ The platform will be a way for you to generate passive income, gamble your money away, or donate it to charities. The choice is yours! What we are trying to do is create a perpetual deflation token, **APE**, that ensures a price floor can be maintained by utilising a fundamentally strong burn mechanism. We are trying to add value into the system by creating a suitable and sustainable environment for people to yield farm with high APR. \ \ Whilst also giving a platform to gamble, donate to charity, and have the ability to win more while contributing to your **APE** holdings if you lose. More efficient pools are also on the way, which will generate yield whilst farming **APE**! ### **Features** **Unique burning mechanism** We are trying to create a fundamentally strong burning mechanism that increases value for all shareholders. * We do not intend to be using any ponzi style tokenomics where new holders pay the old holders when they enter pools, like you typically find in yield farms. * A multitude of gambling games from normal slots to lotteries * If played in **APE** currency then instead of the house taking the potential loss discrepancy it will be burned directly. * If played in **BUSD** then instead of the house taking the potential loss discrepancy it will be used to buy **APE** from the market and burn it - with a portion of proceeds going to charities (before the buyback). * An **APE** hedge fund governed by **APE** holders, some profits will be used to buyback and burn * Lots more to come but community feedback is key to this project. **You want, we BUIDL.** **Security** * Using heavily audited contracts as a base to work from * Removed [*migrator code*](https://apefinance.gitbook.io/ape-finance/security/migrator-code) (inherited from Pancake swap) - this has been the key feature to enable most "rugpulls" * Developers are apes so have no mental ability to do anything malicious \
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