Unlocking the Sweet Potential An In-Depth Look at Apple Pie Miner on BSC

mohenzo
4 min readFeb 7, 2024

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In the ever-evolving landscape of decentralized finance (DeFi), Apple Pie Miner emerges as a bold initiative on the Binance Smart Chain (BSC). With a promise of up to 10% daily return on investment, this decentralized BNB mining Rewards Pool DApp aims to empower users on their journey to financial independence, offering a straightforward and convenient approach.

High Risk, High Reward Strategy

At its core, Apple Pie presents a high-risk, high-return mining smart contract designed to generate passive income. The allure lies in an exciting Annual Percentage Rate (APR) that serves as validation for investments. The Apple Pie Miner smart contract transforms assets into ‘Pie’ on the DApp, functioning as a locked staking rewards pool, paving the way for users to earn up to 10% of their daily contributed investment.

However, the simplicity of this strategy is just the surface; Apple Pie is much more than it initially seems. The higher APR offered is merely the tip of the iceberg, urging users to take the necessary time to delve into the document. Let’s explore the key aspects that make Apple Pie stand out in the crypto space.

Ingredients of the Apple Pie DApp: Pool-as-a-Service and Governance

Two intriguing concepts shape the foundation of the Apple Pie DApp: Pool-as-a-Service and Governance.

Pool-as-a-Service (PaaS)

Unlike traditional yield farming concepts, Apple Pie introduces a unique twist to the pool-as-a-service concept. Users contribute to ovens (pools) for stablecoins and renowned project tokens for lockup. Notably, Apple Pie eliminates the need for a specific project token, providing returns in the invested currency. This shields contributors from the risks of massive token devaluation, ensuring stability amid market disruptions.

Currently, Apple Pie offers three ovens:

  1. BNB Oven: Lock up BNB for a potentially delightful 10% daily ROI.
  2. USDT Oven: Stake USDT for hot and crisp returns in USDT.
  3. CAKE Oven: Stake Pancakeswap’s native token, CAKE, and enjoy a 10% ROI on hot pies.

EVM Ovens (Coming Soon)

Apple Pie has plans to introduce EVM-compatible ovens on subsequent blockchains, including Binance Smart Chain, Ethereum, Avalanche, Moonbeam, Matic, and Fantom.

Governance

Decentralization is a core pillar of the Apple Pie Protocol, and its governance model is designed to empower users to actively participate. The process involves three stages:

  1. Preliminary Discussion: Proposals are brought to the Discord channel for open discussion, with community leaders providing feedback.
  2. Decision Making: Final proposals are created using the Snapshot stage and submitted for a community vote, with outcomes being either approved or discarded.
  3. Implementation: Approved proposals move to the implementation stage, where plans for execution are developed, resources allocated, and the community is informed.

Baking a Perfect Pie: Understanding the Smart Contract Dynamics

The Apple Pie protocol introduces two exciting recipes within its smart contract:

  1. Lick Pie: A reference for consuming (withdrawing) your investment.
  2. Heat Pie: A reference for re-investing your funds.

The smart contract embeds a costing and benefiting strategy, where users incurring a small additional cost upon frequent withdrawals are contrasted with those re-heating their pie for compounding their investment, receiving a bounty at the end of the day.

Important Measurements and Use Case

Apple Pie follows a clear and realistic numerical structure:

  • Daily ROI: 10%
  • APR: 3600
  • Dev Fee: 4%
  • Referral Reward: 20%

Following the recipe is key, and adherence to the 7-day cycle (6 days of re-heating and 1 day of enjoying) ensures optimal results for withdrawals.

Referral Baking and Tokenomics

Embracing a modern referral program, Apple Pie incentivizes users with a 20% share of the 4% dev fee on each referral baking. The tokenomics involve funds allocation, including presale, liquidity, bounty rewards, and burned tokens, as well as a fee structure with zero costs for both buying and selling.

In conclusion, Apple Pie Miner emerges as an exciting venture on the Binance Smart Chain, offering a unique blend of risk and reward. As users explore the ovens, engage in governance, and follow the smart contract dynamics, the promise of financial independence becomes a tangible reality in the world of decentralized finance. So, whether you’re licking or heating your pie, Apple Pie Miner invites you to savor the sweet taste of financial empowerment on the BSC.

For more information Connect to Applepie

Project’s website- https://applepies.co/

Twitter page- https://twitter.com/Applepiefin

Instagram- https://www.instagram.com/applepiefin/

Reddit- https://www.reddit.com/user/applepiefin/

Medium Link- https://applepiefin.medium.com/

Telegram group- https://t.me/solana_shib

Discord- https://discord.com/invite/x76F624yVe

Project Whitpaper- https://applepiefin.gitbook.io/applepie.financial/

Author Deatails

BTT Username : EvinLewise
Profile link : https://bitcointalk.org/index.php?action=profile;u=3470173
Telegram Name : @EvinLewise
BSC/ETH : 0xb0104B839ed09c5c86F6D15F975161d56b2E8a04

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