More Than $30M ApeCoin Staked Since Staking Launch

More Than $30M ApeCoin Staked Since Staking Launch
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Just one day since the opening of the ApeCoin staking contract more than $30 million in $APE has been staked, according to data from Etherscan

None of the seven million $APE tokens are yet accruing any rewards, as ApeCoin staking is currently in the "pre-deposit" phase. Those contributing $APE to any of the staking pools will not begin accruing $APE rewards until Monday, Dec. 12. 

The 7.3 million $APE tokens currently staked represent two percent of the total ApeCoin circulating supply according to CoinGecko data, which also points to a small gain (3.2%) for $APE to $4.17 over the last 24 hours.

Interested in learning more about ApeCoin staking? Refer to our comprehensive guide

 

 

Disclaimer: The author or members of the Lucky Trader staff may own NFTs discussed in this post. Furthermore, the information contained on this website or the Lucky Trader mobile application is not intended as, and shall not be understood or construed as financial advice.
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