Introducing - Ape Now 🐵
Leverage up to 25x with no margin calls
Fully verifiable on-chain and time based payments
Chapter 2 starts now 🍌 🍌
Ape Now, Pay Later launched in 2022 and normies went crazy.
But since all NFTs are worthless now, we changed our mind.
On-chain is where it’s at baby. Full custodial shitcoin degeneracy.
Here’s how $1 in your wallet turns into $25+ real buying power 💵
Ape Now is powered by @useteller + @aave flash loans💵💵
Example:
- User longs wBTC with $100 at 12.65x leverage on Ape Now
- An aave flash loan is initiated to borrow .028 wbTC ($1,268)
- That wBTC is used as collateral on Teller to get a $1,165 USDC loan (92% LTV)
- The USDC loan + the user’s $100 is used to pay back the wBTC Aave flash loan
All in one transaction.
To close the trade, the process is reversed.
Winning trade = user gets back their initial buy + the difference
Losing trade = user pays the difference out of their initial $100 buy
Because Teller loans don’t use oracles, there is no liquidation from price fluctuations.
But there’s a catch.
Leveraged trades use fixed-duration loans anywhere from 1 hour to 30 days (depending on the amount of margin used)
As long as you close the trade (or extend it) before your loan runs out, you can’t get liquidated.
ETH could mega-wick down to $500 and you’d still be safu.
Ape Now is in Alpha for now.
We’re rolling out access to select users.
Teller NFT holders (Fortune Tellers) have access now to bonus features
Unfortunately, It is blocked for users in 29 countries (guess which ones).
Features coming soon
- Leveraged Shorting
- NFTs as collateral for leverage
- Shorter duration loans w/ max leverage (50x and more)
- Charting
- Auto Take Profit & Stop loss
You have $1,000 and want to turn it into generational wealth.
Here’s the plan 🧠
Plan A: 🐢
Buy and hold BTC/ETH/SOL for 12-18 months
- BTC to $220k is a 4x
- ETH to $10k is a 3x
- SOL to $1k is a 10x
that's not exactly generational wealth. so we need a new plan.
Plan B: 🐇
- Buy majors now, sell the top, rotate into alts, sell the top, rotate into NFTs, sell the top, cash out into stables and retire.
ok.
Plan C: 🎰
- Leverage your $1k into $1M trading perps.
you are strong and beautiful and talented. good luck.
Plan D: 🚀
- BTC & ETH are 100% guaranteed to go up this cycle
- but remember, $1k is not enough.
So instead, you hold majors with low leverage + moon shots.
- throw $200 into ETH & BTC w/ 5x leverage on @apenow_io
- then buy $800 in memecoins that will gigasend like $PEPE and $JESUS
The 5x leverage gives you extra liquidity to play with, and since there are no margin calls on ape now, you can hold forever and still be guaranteed a 3-4x on the majors.🥇
(Not even including the 1000x you just did with the memes.)
There it is. Generational wealth in 12-18 months. 📈
God speed. don't mess it up.
ETH is pumping but all your liquidity is in $LINK
what do you do?
a. sell $LINK
b. leverage your $LINK without selling & max long ETH
Ape Trade lets you use any token in your wallet as collateral to make a trade.
With no margin calls.
if it's a good trade = keep collateral + profits
bad trade = pay any amount lost to get back your collateral (or roll it over and try again)
You can even use it to buy more $LINK with your $LINK 👀
they said it was impossible.
"leverage with no margin calls."
well here it is
1. buy $100 in wBTC (12x leverage)
2. get an @aave flash loan ($1,268)
3. get a @useteller loan ($1165)
4. pay back flash loan
5. BTC pumps, close your position (teller loan is paid off and you keep the difference.
they said it was impossible.
"leverage with no margin calls."
well here it is
1. buy $100 in wBTC (12x leverage)
2. get an @aave flash loan ($1,268)
3. get a @useteller loan ($1165)
4. pay back flash loan
5. BTC pumps, close your position (teller loan is paid off and you keep the difference.