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May 14
ApeCoin NFT Staking Migration
APR
15
Event date
Tuesday 15 April 2025, UTC
Event description
- ApeCoin’s NFT staking, tied to Bored Ape Yacht Club (BAYC), Mutant Ape Yacht Club (MAYC), and BAKC Shadows, is migrating to ApeChain on April 15, 2025, requiring users to move $APE tokens and re-stake to continue earning rewards.
- ApeChain, launched in October 2024 at ApeFest Lisbon, is a creator-centric blockchain built by ApeCoin DAO with partners like Yuga Labs, using $APE as its native token to enhance NFT and DeFi ecosystems.
- The migration leverages ApeChain’s infrastructure, which supports high-performance apps like Yuga Labs’ Top Trader, addressing Ethereum’s scaling issues where gas fees averaged $5-$10 per transaction in 2024, per Etherscan data.
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