What are apecoin staking rewards?

ApeCoin staking rewards, otherwise known as APE staking emissions, will represent 17.5% of the total supply of the token and be distributed over a 3-year period. In the 1st year of staking, 100 million APE will be released to all staking pools. Currently, there are 4 primary staking pools to which holders of APE and Yuga Labs NFTs will have access.

Do I need $ape to stake apecoin?

It might as well be noted that whether you stake an NFT or just straight-up ApeCoin, you’ll need $APE to engage with the staking system. The initial staking period will feature the following staking caps and future period caps will be voted upon by the ApeCoin DAO.

How does staking $Ape work?

When staking $APE, users will have to decide which pool to allocate their holding. To begin, there are four primary staking pools, accessible to those with either BAYC (or related) NFTs $APE tokens. Within the first year of staking, 100 million $APE will be released across staking pools as rewards.

How do I staking apecoin?

Another notable method for staking ApeCoin is through ApeStake.io. However, this website geo-blocks users based in the United States and Canada. Another option for ApeCoin staking is Binance, but it will take a portion of your rewards, so the simplest approach to make the most from APE staking is Omni.