Peel Defi

Peel + Banana

The first algorithmic stablecoin on Apeswap, pegged to the price of 1 Banana via seigniorage.

[Peel Defi @PeelDefi]

The goal is to use these three tokens to keep $PEEL pegged with $BANANA. For more information on seignorage we recommend reading- https://t.co/ipEibBT5Zk

[Peel Defi @PeelDefi]

About how our tokens work-

$PEEL, $PSHARE, $PBOND

Read the comments for a full description.

[Peel Defi @PeelDefi]

$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

[Peel Defi @PeelDefi]

$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 Defi @PeelDefi]

$PEEL- Token that aims to peg BANANA- 1 PEEL = 1 BANANA is peg- this is the bread and butter of the protocol

[Peel Defi @PeelDefi]

@TheCoffeeBlock And a peel is literally just the skin on a fruit

[Peel Defi @PeelDefi]

@TheCoffeeBlock A banana is literally just a fruit

[Peel Defi @PeelDefi]

@fud_ruckers @TheCoffeeBlock I’ve heard eating banana peels is equivalent to bath salts. That’s what all the kewl kids at school tell me

[Peel Defi @PeelDefi]

@CaleCrypto Don’t slip on a banana when you are sweeping the floor

[Peel Defi @PeelDefi]

@alpha___rho We as apes try to support the project by building other projects to try to get people to stop selling and provide value for their banana in different ways.

[Peel Defi @PeelDefi]

@alpha___rho Banana maximizer vaults would help for a start. I know it was in the roadmap. Reduces sell pressure. Sure many of us apes would use those

[Peel Defi @PeelDefi]

@osf_nft But the actual result is worth it!!! I’m not sure how you do stare at it so long though! Must have some computer glasses!

[Peel Defi @PeelDefi]

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!

[ApeBond @ApeBond]

An update to our community regarding the current state of the protocol ❤️🐵
https://t.co/uh9jbwANad

[Python @momotuganma]

@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.

[Python @momotuganma]

@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.

[Python @momotuganma]

@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!

[Peel Defi @PeelDefi]

@takegreenpill I will tell people to eat more bananas and people gonna be like: is the banana paying you? Well yes you can earn money in both $PEEL and $BANANA

[Peel Defi @PeelDefi]

@osf_nft The best followers are always the ones with the most $PEEL for their $BANANA

[Peel Defi @PeelDefi]

@Eunicedwong 🍌 here is an emoji of a $PEEL and a $BANANA

[Peel Defi @PeelDefi]

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