Gauntlet x ApeSwap
Expert financial modeling coming to the Jungle 📈
We couldn’t be more excited to announce that we are officially partnering with Gauntlet, the largest and most prominent financial modeling platform in DeFi! Gauntlet’s in-depth simulations and data analysis will help us better optimize our token emissions, leading to more efficient usage of liquidity and growth of ApeSwap’s daily trading volume!
What is Gauntlet? 🤔
Gauntlet is a financial modeling platform that uses battle-tested techniques from the algorithmic trading industry to inform on-chain protocol management. To put it simply, Gauntlet leverages complex simulation models to help the biggest DeFi projects make better informed, data-driven decisions on their tokenomics and emissions. Gauntlet’s most recent fundraising round valued the business at $1B. Their team is stacked with data scientists, software engineers, simulation engineers, and more to provide the Jungle with the best, most accurate, and deepest data insights into our entire BNB Chain DEX!
“We are proud to be Gauntlet’s first and only partner on BNB Chain, officially joining the ranks of their star-studded list of partners, including AAVE, Maker, Compound, SushiSwap, and Balancer, to name a few.” — Apegineer
What does this mean for ApeSwap? 🐵
We’ll be working closely with Gauntlet as they create a series of both statistical and simulation-based models tailored to ApeSwap’s DEX. These models will help us identify potential areas of improvement across ApeSwap’s yield farms. These models will cover both partner and blue chip farms, ensuring the model is able to take into account the full picture of ApeSwap’s emission allocations to consistently provide us with more accurate recommendations. This data will be used in order to adjust the allocation points (multipliers) of farms on ApeSwap, allowing us to better optimize our BANANA token emissions and garner liquidity that will be more actively utilized on the exchange, driving higher trading volume across ApeSwap’s DEX.
Each week Gauntlet will share their recommendations with the ApeSwap community, providing full transparency on any upcoming changes.
We’re thrilled to have the opportunity to work with Gauntlet’s talented team of data scientists to improve the efficiency of ApeSwap’s DEX emissions and increase our trading volume! Look for the first round of recommendations to be implemented in the coming weeks! 😎
Join Our Twitter Spaces AMA!
Want to learn more about Gauntlet, or have any questions for the team? Join our Twitter Spaces hosted by us, March 22nd, 17:00 UTC.
In the meantime, if you’re curious to learn more about Gauntlet you can find more information here.