ANOTHER DAY, ANOTHER BRIDGE: $APE Holders Can Now Use Relay Protocol’s Platform To Bridge Their Tokens To ApeChain Quickly And Cheaply!
For $APE holders, all roads lead to ApeChain—and now, a brand-new bridge has opened, making it easier than ever for ApeCoin holders on Ethereum to move their coins on-chain quickly, cheaply, and with minimal effort.
With the ApeCoin DAO’s $APE-only staking pool rewards moving to ApeChain next week, the DAO took to Twitter on Thursday to remind the community to bridge their coins soon to keep earning rewards. They also announced that $APE holders can now use Relay Protocol’s platform to bridge their coins to ApeChain.
“Bridge your tokens instantly,” the DAO wrote. “ Low gas cost. It works. Emissions from the $APE only pool on http://app.apestake.io end this Tuesday, rewards will be directed to native yield ON APECHAIN. Don't wait, go bridge today.”
“It’s super easy,” former ApeCoin DAO Special Council Member and Banana Bill Advisor Captain Trippy tweeted. “It’s super cheap. Focus for 2 minutes. Bridge your damn assets.”
As the Bored Ape Gazette previously reported, starting Tuesday, November 19th, rewards from the ApeCoin DAO’s $APE-only staking pool will be directed exclusively to $APE that has been bridged to ApeChain. This means that everyone currently staking in the $APE-only pool must bridge their tokens soon to continue earning rewards.
“ApeCoin staking is moving to ApeChain,” the DAO tweeted. “To continue receiving $APEstaking rewards, simply bridge to ApeChain $APE balances automatically increase every ApeChain block, compounding yield $APE rewards, native yield. Every. Single. Block. Bridge now: https://apechain.com/portal”
It’s important to note that this update only affects the $APE-only pool. If you’re staking coins in the BAYC, MAYC, or Paired B/MAYC Bored Ape Kennel Club Dog pools, no action is required, and you’ll continue earning rewards as usual!
The Bored Ape Gazette will keep following the ApeCoin DAO’s staking protocol and remind you when the $APE-only pool officially moves to ApeChain next week. Stay tuned for updates!
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