The Binance Smart Chain (BSC) exchange has been making plenty of improvements, let’s dive into what they have been up to.

Player 5 Just Joined the Game

Apes, get ready for HiFi DeFi, coming up next to ApeSwap’s IAO Launch Platform! 🐵

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About HiFi DeFi 👾

HiFi DeFi is a decentralized retro gaming ecosystem driven by its community. It uses staking yield and mined gameplay participation rewards with an innovative architecture to create a completely new DeFi gaming experience.

Players who stake HIFI tokens can play and earn HiFi tokens while participating in gameplay daily, logging into the site, and other reward criteria. Gameplay participation results get recorded on the blockchain with a public smart contract. Future analytics will be built, along with versus mode community voting, and tons of other features!

HiFi’s gaming platform will launch a few weeks after the IAO, make sure you keep up with their social accounts, listed at the bottom of this article, to know the latest!

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HiFi is Loading…

This IAO will have two components:

A Primary Offering — IAO tokens purchased with just $BNB

A Secondary Offering — IAO tokens purchased with $GNANA

Both offerings will occur at the same time and for the same token price, but they will be on different UI pages, have different hard caps, and use different methods for purchasing $HIFI. Read all the details below.

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Details About the Primary Offering ($BNB)

The $BNB sale will take place at ApeSwap.Finance/IAO, last for one hour long, and you will only need $BNB to participate.

🖥 Sales Page: IAO Page — apeswap.finance/iao

🚀 Launch Time: June 11th at 03:00 UTC

💲 Token Price: $0.005 per $HIFI (paid in BNB)

🎫 For Sale: 120,000,000 $HIFI

💰 Hard Cap: $600,000

⏱ Duration: 1 hour ($HIFI is going to go quick!)

If you need a refresher on how to participate in a standard IAO, check out the details in our docs!

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Details about the Secondary Offering ($GNANA)

Recently we published some additional details on our Golden Banana token ($GNANA). You can read all about it here, but for the purposes of the HIFI Initial Ape Offering, here’s what you need to know!

You pay for the IAO with $GNANA, it’s not staking, your $GNANA will be used as funding for the IAO and you will get the $HIFI tokens in return. Of course, we burn all the $GNANA we don’t return. $GNANA is valued at 1.38x $BANANA price for IAO’s.

🖥 Sales Page: The ApeZone — apeswap.finance/apezone

🚀 Launch Time: June 11th at 03:00 UTC

💲 Token Price: $0.005 per $HIFI (paid in $GNANA)

🎫 For Sale: 80,000,000 $HIFI

💰 Hard Cap: $400,000

🍌 GNANA to Burn: $400,000

⏱ Duration: 1 hour ($HIFI is going quick!)

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Post Launch Pools & Farms

Immediately after IAO: $HIFI is listed on the ApeSwap Exchange 🐵

Immediately after IAO: $HIFI – $BNB Farm ➡️ Earn $BANANA 🍌

June 25th: $GNANA staking pool ️️➡️ Earn $300,000 in $HIFI 🤯

We are also introducing a NEW IAO launch approach for HiFi called a farming frenzy! The multiplier will start at 3x for 24 hours, then move to 2x for the next 48 hours, before settling at 1x after 72 total hours.

Source : bsc.news