Mogul partners with ApeSwap; giving STARS token holders increased use cases on the Binance Smart Chain
Mogul Productions, a decentralized film financing and movie-based NFT platform bringing together movie fans, creators, and financiers, is partnering with ApeSwap, the fastest-growing decentralized exchange (DEX) and community within the Binance Smart Chain (BSC) ecosystem.
ApeSwap is a decentralized, community-owned exchange platform that, due to being deployed on the Binance Smart Chain, is more cost-effective than using Uniswap; especially for frequent users.
ApeSwap gives tokens more utility through participation in their farms, pools, and Initial Ape Offerings (IAOs); all of which center around their BANANA and GNANA tokens. Users can stake their existing tokens to earn BANANA and vice versa.
The site currently boasts nearly $300 million in total value locked and 155,000+ followers on its social media channels. The BANANA token is a top 350 cryptocurrency by market capitalization and the project’s expanding group of partners currently includes 90+ different strategic alliances.
STARS holders will be able to use ApeSwap as of July 15, 2021; giving Mogul access to ApeSwap’s growing userbase of 400,000 monthly active users
Apart from ApeSwap integrating STARS into their platform, Mogul and ApeSwap are joining forces in a host of marketing efforts centered around introducing STARS to the BSC ecosystem. These co-marketing efforts will give Mogul exposure to ApeSwap’s engaged userbase, including their 30,000 BANANA holders and non-fungible ape holders.
As part of the partnership, ApeSwap is featuring Mogul on ApeTV, a global podcast series reaching listeners from more than 30 countries that is now streaming on Spotify.
The partnership will also include:
- Multiple Twitter and Telegram giveaways from both projects for users to earn STARS and BANANA
- An ecosystem development campaign, where Mogul Access Pass holders will be gifted $10,000 worth of free BANANA, and non-fungible ape holders will be gifted STARS BEP20 tokens
- A GNANA staking pool to earn STARS
- Official STARS listing on ApeSwap
- A STARS/BNB LP farm to earn BANANA
Anonymous ApeSwap founder Obie Dobo says the amazing growth that Mogul has experienced in such a short time makes the partnership a match made in DeFi heaven:
“We identified Mogul as a top Ethereum project in the NFT space based on the fact that they’ve grown their audience to over 50,000 users and done more than $10 million in NFT sales. We’re incredibly excited to launch STARS products on ApeSwap”.
“Given that both Mogul and ApeSwap are two of the fastest-growing projects in the cryptoverse and more and more users are looking to BSC-friendly platforms to get their hands on crypto, the partnership is a great milestone for us, says Lisa Sun, Founder and President of Mogul Productions. “Community growth is important to us at Mogul, and we’re excited by the engaged ApeSwap community – we’re sure to find some movie fans there!”
About Mogul Productions (Mogul)
Mogul Productions is a decentralized film financing project connecting creators, film financiers, and movie fans together, giving everyone the opportunity to participate in producing and distributing big-budget movies.
Using blockchain technology, NFTs, and tokenomics, Mogul incentivizes participation and engagement. The STARS token allows users to complete in-app payments and vote on key decision-making surrounding green lighting and producing feature films.
ApeSwap is a leading decentralized exchange (DEX) on Binance Smart Chain and Polygon focused on offering a premier trading experience. Users are incentivized to pool liquidity on ApeSwap through yield farming to earn the native currency, $BANANA. Additionally, apes can use their earned $BANANA to stake and earn other tokens and unlock exclusive features. Built by DeFi apes, for DeFi apes, we have a dedicated team with years of experience who are committed to the DeFi community and growing the ApeSwap Jungle.