PANews reported on December 6 that Web3 tool developer Horizen Labs announced on Twitter that ApeStake.io has officially launched and opened the pre-deposit period, and staking rewards will begin to accumulate on December 12.
According to the official website, ApeStake.io is the official staking protocol of ApeCoin (APE), established by ApeCoin DAO, and created as a way for APE, BAYC, MAYC and BAKC holders to earn rewards through staking. APE can be staked alone or together with BAYC, MAYC or BAKC in one of four staking pools, each offering different levels of rewards.