The ApeCoin DAO Will Distribute 20M $Ape Over The Next Three Months. Here's What You Need To Know:

Six months after the ApeCoin DAO’s staking system launched, the protocol has entered its third quarter and will distribute 20,000,000 $Ape over the next three months!

The ApeCoin DAO's staking system went live on December 12, 2022 and has already distributed 65,000,000 $Ape during its first two quarters. In quarter three, it is set to distribute an additional 20,000,000 $Ape across the protocol's four staking pools.

Between now and roughly September 11, 2023, the ApeCoin DAO will distribute 6,000,000 $Ape to the $Ape only Pool, 9,421,000 $Ape to the BAYC Pool, 3,812,000 $Ape to the MAYC Pool, and 767,000 $Ape to the BAKC Paired Pool, according to ApeStake.io.

This 20,000,000 that will be distributed during the third quarter of the ApeCoin DAO’s staking protocol is part of the 100,000,000 $Ape that the ApeCoin community voted to distribute 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 next three years, according to AIP 21& AIP 22.

Take a look at the ApeCoin staking reward schedule below:

At the time of this article’s publication, 150,242,441 $Ape is staked. Take a look at the current daily yields of a fully staked Bored Ape, Mutant Ape, and Bored Ape Kennel Club Dog courtesy of A_Raving_Ape’s Dune Analytic page.

The Bored Ape Gazette will continue to follow the DAO and will keep you posted on all things $Ape!