# ApeSwap Acquires Unitrade

**Published by:** [Zedcrypt](https://paragraph.com/@zedcrypt/)
**Published on:** 2022-04-26
**Categories:** dex, exchange, newsletter
**URL:** https://paragraph.com/@zedcrypt/apeswap-acquires-unitrade

## Content

![](https://storage.googleapis.com/papyrus_images/85b2d8733a36dda1d23fea48c8cecdf6) > The ApeSwap community will soon welcome TRADE token holders into their ecosystem. With the successful passage of Governance Proposition 18, the ApeSwap community has agreed to aid Unitrade with their protocol sunset, and integrate token holders into the ApeSwap protocol. Although both BANANA and TRADE token holders are sure to have questions, they are here to enthusiastically welcome new members into our fold and ensure the transition is as smooth as possible. Here is how the Unitrade protocol sunset will affect users as they move through the process. **Sunsetting Unitrade and Converting TRADE to BANANA** Launched in 2020, Unitrade unveiled its beta website to the public on September 12, 2020. On October 8, the technology was the first in the world to offer limited orders for users on the Ethereum Mainnet. By March 9, 2021, Unitrade expanded its revolutionary limit order system to the BNB Chain (formerly Binance Smart Chain), giving users even more flexibility in purchasing and selling cryptocurrency through DEXs. Since launching the first limit order system, the protocol founders decided the best way to improve the technology is through a partnership with ApeSwap. As a result, both groups will work together in the coming weeks to sunset the Unitrade protocol and convert TRADE token holders to BANANA holders. The Unitrade protocol will purchase $250,000 of BANANA tokens by utilizing the protocol’s own remaining ETH-TRADE and BNB-TRADE liquidity. This will be combined with a $50,000 BANANA allocation by ApeSwap, accumulated from GNANA staking pool reflect fees. None of the pooled funds will go to the Unitrade team and will only be distributed directly to TRADE token holders. The $300,000 BANANA allotment will be used to convert TRADE token holders to BANANA token holders at an equal-value proportion by airdropping BANANA to a snapshot of TRADE holders over a 30 day period. After the Unitrade sunset, ApeSwap will retain the codebases but will not maintain the protocol, socials, or site. Because they believe there is inherent value in the codebases, the ApeSwap team will keep them for future potential utilization. Once complete, the Unitrade team will not join ApeSwap. Finally, all Unitrade community channels will direct users back to the ApeSwap channels. They look forward to welcoming the TRADE community members to the ApeSwap Discord, Telegram, and Twitter channels. The final timing of the sunset and transition, along with the starting date of the 30-day conversion window, will be communicated directly to TRADE holders once they are finalized. \n **[Frequently Asked Questions>>Read more](https://www.zedcrypt.com/2022/04/apeswap-acquires-unitrade.html)** \n [Website](https://apeswap.finance/) | [Medium](https://ape-swap.medium.com/) | [Twitter](https://twitter.com/ape_swap) | [Telegram](https://t.me/ape_swap) | [Discord](https://discord.com/invite/ApeSwap) --- ## [Monero will undergo a network upgrade on 16th July 2022](https://www.zedcrypt.com/2022/04/monero-will-undergo-network-upgrade-on.html) The next network upgrade will take place on 16th July 2022 (block 2,668,888). Network upgrades are technically hard forks and require all participants in the Monero network to update their software. The new software (v0.18 "Fluorine Fermi") will be released one month before the network upgrade, on the \~16th of June. ## [RENDER (RNDR) - Spotlight By Kucoin](https://www.zedcrypt.com/2022/04/render-rndr-spotlight-by-kucoin.html) Render Token functions as a network that connects users looking to render their work with idle GPU computing to speed up the rendering process and make it more efficient. It leverages a decentralized system to track and manage render jobs in a scalable way. ## [Krystal DeFi announce the collaboration with Mind Ventures](https://www.zedcrypt.com/2022/04/krystal-defi-announce-collaboration.html) This partnership aims to open up new avenues of growth for both Krystal and Mind Ventures, and they look forward to working closely together with Mind Ventures. ## [ApeSwap Acquires Unitrade](https://www.zedcrypt.com/2022/04/apeswap-acquires-unitrade.html) The ApeSwap community will soon welcome TRADE token holders into their ecosystem. With the successful passage of Governance Proposition 18, the ApeSwap community has agreed to aid Unitrade with their protocol sunset, and integrate token holders into the ApeSwap protocol. ## [dfox Extension Wallet Announced Rebranding](https://www.zedcrypt.com/2022/04/dfox-extension-wallet-announced.html) From now on, the trinity of TokenPocket mobile wallet, chrome extension wallet, and hardware wallet has been formally formed. With the cross-chain aggregation swap platform Transit Finance and Transit NFT marketplace(coming soon), it has become an important portal to the blockchain world, providing users with a smooth crypto experience. ## [Multichain releases the Multichain MPC 2.0](https://www.zedcrypt.com/2022/04/multichain-releases-multichain-mpc-20.html) To boost their MPC nodes operation and security to the next level, they have developed fastMPC. The team has done rounds of internal and external audits to make sure contracts do not have frequently-occurred and high-risk bugs. Effective measures have also been taken to prevent dishonest nodes. ## [What are bep-20 tokens? How to create it? - Learning with Chainlink](https://www.zedcrypt.com/2022/04/what-are-bep-20-tokens-how-to-create-it.html) BEP-20 tokens are fundamental to transacting on BNB Chain. In this tutorial, you’ll learn how to create a BEP-20 token and deploy it to BNB Chain. ## [The Introduction of Klever Kustody](https://www.zedcrypt.com/2022/04/the-introduction-of-klever-kustody.html) Klever Kustody permits more than one user to manage a wallet, that is, sharing is now allowed. With that, transactions might not go through if, for instance, any of the administrators do not approve those transactions. --- Zedcrypt “Dev’s Things” is Spreading the news of cryptocurrency developers, tokens, ideation, and the latest product update. Disclaimer: All news, announcements, ideation, or tutorial and learn on zedcrypt.com are sourced by cryptocurrency developers. All these do not constitute any investment advice. Zedcrypt.com bears no responsibility or liability for any loss that readers may experience. Official: [Zedcrypt.com](https://www.zedcrypt.com/)

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