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Submitted URL: http://apestake.io/
Effective URL: https://apestake.io/
Submission: On January 22 via manual from US — Scanned from US

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Launch App


STAKE YOUR APE AND EARN REWARDS

Apes might get bored but ApeCoins love to stay busy. Whether you’re an OG Ape
holder or just bought your first $APE, get your assets in gear and start
staking.

LAUNCH APP


STAKE IN FOUR DIFFERENT WAYS

01APECOIN ($APE) POOL

As long as you have $APE in your wallet, you can stake and start accruing
rewards. No NFTs required. The total staking allocation for the $APE pool is
30,000,000 $APE.


02BORED APE (BAYC) POOL

The BAYC pool represents the highest of the staking pools with a maximum stake
up to 10,094 $APE for each BAYC you own. The total staking pool for Apes runs
deep at 47,105,000 $APE for Year 1.


03MUTANT (MAYC) POOL

The MAYC pool lets you stake up to 2,042 $APE for each MAYC you own. The total
staking pool for Mutants tops out at 19,060,000 $APE for Year 1.


04PAIRED (BAKC) POOL

The Paired pool works differently. A Dog (BAKC) cannot be staked alone and must
be paired with a Bored Ape or a Mutant. The total staking pool for a BAKC
pairing is 3,835,000 $APE for Year 1.



Standard Ethereum gas fees apply

Start Staking


MARKET TOOLS

Use ApeStake.io’s Market Tools search feature to see whether a BAYC, MAYC, or
BAKC is committed to a staking position, how much $APE is staked with it, and
the associated wallet address. Also, use the Market Tools feature to send $APE
to an existing staking position.

MARKET TOOLS


FREQUENTLY ASKED QUESTIONS

WHAT IS APESTAKE.io?


ApeStake.io is the official staking protocol for ApeCoin ($APE) established by
the ApeCoin DAO (ApeDAO) and was created as a way for $APE, BAYC, MAYC, and BAKC
holders to earn rewards through staking. $APE can be staked by itself or in
conjunction with a BAYC, MAYC, or BAKC in one of the four staking pools, with
each pool offering different levels of rewards.

The ApeStake.io protocol was proposed in AIPs 21 and 22 and subsequently
approved by the community on May 4, 2022. Following approval, the Ape Foundation
enlisted Horizen Labs to provide a platform for the staking protocol according
to the specifications set forth in the AIPs.

To help clarify terminology, the AIPs provided definitions for some important
terms:

 * Staking Pools: The total ApeCoin pools that participants can earn from.

 * Staking Pool Type: The pool is specifically assigned to a digital asset
   class; there are four in total.

 * Staking Period: Each period is 12 months.

 * Staking Pool Allocations: The total amount of ApeCoin allocated to each
   Staking Pool Type per period.

 * Total Staking Period: A total of three (3) years.

 * Initial Staking Period: The first 12-month period of staking.

 * Pool Distribution: The spread of the staking allocation assigned across the
   period.

 * Incentive Distribution Curve: The schedule of ApeCoin allocated for
   incentives per quarter.

What browsers and devices support Apestake.io?

Any desktop browser that contains Metamask or WalletConnect integration will
allow you to stake $APE. For mobile devices, only the browser in Metamask’s iOS
or Android application will support staking $APE.
HOW DOES APE STAKING WORK?


ApeStake.io allows holders of $APE to put their idle tokens to work by staking
them within various pools and earning additional rewards in the form of more
$APE.

ApeStake.io is more than just a simple staking protocol. It has the distinction
of offering layers of rewards for holders of certain NFTs. Operating like a
safe-deposit box key, these NFTs grant holders access to exclusive staking
pools.

Below is a breakdown of the four staking pools and their total allocations as
specified in AIP 22 for Year 1:

 * $APE Staking Pool: 30,000,000 $APE Tokens

 * BAYC Staking Pool: 47,105,000 $APE Tokens

 * MAYC Staking Pool: 19,060,000 $APE Tokens

 * BAKC Staking Pool: 3,835,000 $APE Tokens

ARE THERE ANY LOCK UP PERIODS TO STAKE INTO ANY OF THE POOLS?


No, there are no lock up periods. You can add and remove $APE to any of the
available pools at any given time.

Why do I have to give the smart contract approval to spend $APE on my behalf?


When a user deposits ApeCoin, the staking smart contract must transfer tokens
out of the user's wallet and into the contract itself. This action cannot be
taken unless the user grants specific permission.

This action will modify the state of the ApeCoin ERC-20 contract, which is why
it will incur a small gas fee. See here for more details about ERC-20 allowance

SEE ALL
F.A.Q.

©2024 HORIZEN LABS

Contract Address: 

0x5954...Fbb9


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