What is Ape Finance
Ape Finance is building DeFi tools for metaverse dwellers, proud PFP owners, and digital collectible enthusiasts in all of us. We appreciate culture, art, and games. Ape Finance begins with the creation of the ApeUSD.
ApeUSD is the stablecoin for the new, web3, metaverse world. Users can collateralize APE to mint ApeUSD. ApeUSD is a synthetic token that tracks the value of the USD, backed by APE. Our governance token is APEFI.
Ape Finance vs Stoic
It's almost impossible to predict which cryptocurrency will eventually emerge as the leader.
There is no guarantee that In 5 years, APEFI would still even exist. Another faster and cheaper blockchain might capture the majority of developers, users, and capital. Or some critical failure of APEFI might derail its progress.
Because the probability of guessing the winner is low, it's better to use a portfolio approach and buy all possible contenders, including APEFI.
Stoic builds a portfolio by using hedge fund-grade quantitative research and AI to build a portfolio of crypto assets.
The algorithm analyzes price data, returns, volatility, correlations, and other factors to identify coins that are likely to go up. It then rebalances the portfolio daily to cut losses early and take profits regularly. Stoic is a great alternative to researching coins and trading manually.
Over 12,000 people already use Stoic to automate their crypto investing.