ApeSwap Partners With Gauntlet

The ApeSwap announcement that it is officially partnering with prominent DeFi financial modelers Gauntlet, means Gauntlet’s in-depth simulations and data analysis will help ApeSwap better optimize its token emissions, leading to more efficient usage of liquidity and growth of the platform’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 its entire BNB Chain Decentralized Exchange (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, ApeSwap DEX Analyst

What does this mean for ApeSwap?

ApeSwap will be working closely with Gauntlet as they create a series of both statistical and simulation-based models tailored to their DEX. These models will help them 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 the protocol with more accurate recommendations.

This data will be used in order to adjust the allocation points (multipliers) of farms on ApeSwap, allowing them to better optimize the 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 community, providing full transparency on any upcoming changes. Going forward these changes will be posted on ApeSwap’s Social Media on Wednesdays and go into effect on Thursdays.

“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.”
— DK, ApeSwap Co-Founder & Head of Business Development

Learn more about Gauntlet

If you are curious, you can find more information about Gauntlet here. Additionally, you can watch the live recording of their Twitter Spaces with ApeSwap, here.

About ApeSwap

ApeSwap is a Decentralized Autonomous Organization (DAO) that offers a full suite of tools to explore and engage with decentralized finance (DeFi) opportunities. Using the products within their DeFi Hub, users and partners can tap into the latest financial innovations in a secure, transparent, and globally accessible way.