BendDAO, an NFT finance protocol, is considering a proposal to enable ApeCoin (APE) staking on its platform through a new yield aggregator product called BendEarn.
Besides that, the BendDAO team also made a development plan for the implementation of the ApeCoin (APE) staking platform, estimating it would take two to three weeks to build. If the community backs the idea, then it will go for a vote to see the new platform implemented.
ApeCoin (APE) Staking is a new platform scheduled to go live on October 31. In May, ApeCoin DAO — a decentralized organization that uses the cryptocurrency ApeCoin as its governance token – voted to pick Zero-knowledge and blockchain infrastructure firm Horizen Labs to build its ApeCoin staking platform, which will offer token rewards to users who stake (or hold) APE, Bored Ape, Mutant Ape, and Bored Ape Kennel Club NFTs in their four respective pools.
Earlier this month, Horizen Labs shared the staking platform’s user interface consisting of a...
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