QUARTER FOUR: The ApeCoin DAO Is Set To Distribute 15M $Ape To Stakers Over The Next Three Months
The ApeCoin DAO’s fourth quarter staking rewards are set to begin tomorrow and 15 million $Ape will be distributed across the four staking pools over the next three months.
272 days after the ApeCoin DAO’s staking contract went live on December 12th,2022, the protocol’s fourth quarter staking rewards are set to begin on September 11th distributing 15 million $Ape across the system’s four staking pools, according to the ApeCoin staking reward schedule in AIP 21 & AIP 22.
Over the next 90 days, 4,500,00 $Ape will be distributed to the $Ape only Pool, 7,065,750 $Ape will be distributed to the BAYC Pool, 2,859,000 $Ape will be distributed to the MAYC Pool, and 575,250 $Ape will be distributed to the BAKC Paired Pool, according to ApeStake.io.
The 15,000,000 $Ape tokens that will be distributed between now and December 10th, 2023, is part of the 100,000,000 $Ape tokens that the ApeCoin community voted to give to holders during the first year of the DAO's three-year staking plan. In total, the DAO will distribute 175 million $Ape to stakers over the three-year lifespan of the staking protocol, as outlined in AIP 21 and AIP 22.
At the time of this article’s publication, there is 151,418,221 $Ape staked across the four pools, according to A_Raving_Ape’s Dune analytics page.
The Bored Ape Gazette will continue to cover $Ape staking and will keep you posted on the distribution schedule. Stay tuned for updates!