> For the complete documentation index, see [llms.txt](https://ape-protocol.gitbook.io/apeprotocolfinance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://ape-protocol.gitbook.io/apeprotocolfinance/ape-protocol-finance.md). # Ape Protocol Finance Ape Protocol is the **next generation of Decentralized Finance Applications** released on the Binance Smart Chain network that is conceived to earn passive returns in the easiest and most sustainable way. The token model behind is an experimental approach to an "Automated Circular Economy" concept, consisting of an automatic staking and automatic compounding feature just by holding the token plus a fixed APY that is sustainable over time and backed by a reserve of funds. $APEP token is powered by rebases, that reward holder with a 0.02619% interest every 15 minutes. This means an annual compound interest of 966,393**%**. This APY is fixed and it is secured, thanks to the 15% on buy and 17% on sell taxes. Other protocols allow bonds that passively dilute your position and pass it on to bondholders (thereby reducing your market share). Ape Protocol gets its income from taxes, not bonds, and when someone buys or sells, investors benefit. There is no passive dilution to mint new tokens through binding. The goal for the $APEP token is simple, to build a Reserve Currency Protocol that will still exist in the years to come and become the base for a future **ecosystem** that offers a range of decentralized finance products and services, all built from a strong foundation of consistent high APY rewards. The tokenomics of $APEP are meant to ensure the **project's sustainability** in perpetuity. The rewards received by $APEP holders come from a fee charged to every user each time $APEP is transacted, either through a buy or sell. This amount is accrued to our Ape Vault and designed to support the rebase rewards in $APEP going forward algorithmically. The competitive advantages of Ape Protocol are its unique mechanics like automatic liquidity injection every 48 hours, the composability, that allow users to farm with $APEP and use it as collateral while still receiving rebases. Also, in security standards, the team will undergo KYC with a third-party provider and locked liquidity 12 months. --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter: ``` GET https://ape-protocol.gitbook.io/apeprotocolfinance/ape-protocol-finance.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.