BarbecueFinance & ApeSwap Finance

We’re very happy to announce that we are joining the BUIDL program with Apeswap!

5 min readJun 10, 2021

We are very happy!
Apeswap is one of the projects with the highest growth in the Binance Smart Chain and they saw in Barbecue a future for the growth of their DEX. They are delighted with the growth and support they see in the community.
Without a doubt, the Barbecue model is working perfectly. Everything to keep our community hungry,

We will be participating in the Apeswap BUIDL program. It will give us enormous growth and we will be accompanying a project that grows more and more.

We see in Apeswap the future of the Binance Smart Chain and without a doubt, it will leave BarbecueFinance and $BBQ at the top.

This partnership will start by moving Barbecue liquidity pairs (LP) from Pancakeswap to ApeSwap Finance DEX.

Barbecue is going to be made in the jungle!🙈🍖🐒🔥🚀🚀🚀
We will be sharing more information about what is to come. We will be migrating to their DEX which is great news since Apeswap has been working with great responsibility and security in the face of Flashloan threats.

We always said that safety was the #1 priority!💪🍖

We told you that what was coming was huge and this is just the beginning!🔥🍖

What’s coming next: Wait For official Announcements. We will Guide our community

Moving Barbecue liquidities to ApeSwap Finance DEX

Moving our liquidities to ApeSwap Finance DEX is a great way for Barbecue to start the partnership! We truly believe in the ApeSwap project and want to be a part of the family.

Moving our liquidities has also great advantages for BarbecueFinance and our users :

DEX transaction fees are better for our users on ApeSwap then Pancakeswap : The transaction fees are both 0.3% on each DEX but 0.25% are redistributed to LP (liquidity providers) on ApeSwap compare to 0.20% on Pancakeswap.
A better spotlight on: We will be listed on ApeSwap DEX within a shortlist of tokens (actually 10 projects are listed on ApeSwap DEX compared to more than 70 projects listed on Pancakeswap).

What does “moving liquidity pairs (LP)” mean?

A liquidity pair (LP) is used on an AMM DEX to exchange/trade between users.

At BarbecueFinance, we use 2 different LP: BBQ-BUSD & BBQ-BNB

BarbecueFinance has no DEX features. We actually use features from Pancakeswap. When our users trade via the Barbecueswap.finance website interface, they are connected with Pancakeswap contracts. Actually, trading on Barbecue or directly on Pancakeswap has the same effect and you interact with the same contracts.

So, moving liquidity pairs (LP) from Pancakeswap to ApeSwap means that our users will progressively stop using Pancakeswap pairs contracts and start using ApeSwap pair contracts to trade $BBQ token. Read below to understand how we plan to make this move.

Moving Liquidities:

Disclaimer: At BarbecueFinance, we don’t have a migrator code in our contracts to move liquidities. This means that the Barbecue team can’t touch/get/move your funds.

This also means that it’s up to our users to manually make the liquidities move from Pancakeswap to ApeSwap.

Steps :

For the exact schedule, read below

We will create 2 new pairs on ApeSwap DEX to exchange BBQ: BBQ-BUSD & BBQ-BNB.

2. We will officially release a new interface for trading $BBQ via ApeSwap DEX pair contracts. This interface is already online and in testing by the team.

3. The new ApeSwap interface will be available on our main menu and the old Pancakeswap interface will stay there also as long as the transition is completed. You will be able to trade and add/remove liquidities with both interfaces.

4. These new pairs using ApeSwap will be added to 2 new farms on BarbecueFinance. We will set up these 2 new farms with higher rewards (higher APRs) than the actual 2 farms using Pancakeswap pairs. This means that the actual 2 farms will get low APRs. Why give higher APRs on BBQ AP-LP farms (ApeSwap liquidity pairs) To encourage our users to move their LPs from Pancakeswap to ApeSwap and have an organic transfer between both DEX.

5. When all the liquidities have been moved from Pancakeswap to ApeSwap, the actual 2 farms using Pancakeswap will be deactivated. We don’t know how much time it will take for our users to make the move and we will communicate further when we will deactivate the actual 2 farms using Pancakeswap. Don’t panic, your funds will always be accessible for withdrawal even if those farms will be deactivated. The only difference when deactivated is that you don’t get any $BBQ rewards (APR = 0%)

Here you´ll be able to see inactive Farms: https://app.barbecueswap.finance/farms/history

What will the union with Apeswap give us besides security?

Apeswap has a community of many people who trust its developers. If they want to join BBQ to the BUIDL program, it is for something.

Remember: The Barbecue model consists of sustainable growth over time, developments, and strategic alliances with successful projects.

Apeswap will also give the possibility to many more people to get to know the project. $BBQ will be strengthened. We recommend you all to HOLD.

They are going to meet our community and they are going to fall in love with BBQ. There is no doubt about that!

This is what the Dex will look like. It’s good, right?

What’s coming next:

When all liquidities will be moved from Pancakeswap to Apeswap (it depends on our users but probably within few days), we will provide more information about what’s coming next with our ApeSwap friends but here are some ideas we can already share with you :