As long as you have $APE in your wallet, you can stake and start accruing rewards. No NFTs required. The total staking allocation for the $APE pool is 30,000,000 $APE.
The BAYC pool represents the highest of the staking pools with a maximum stake up to 10,094 $APE for each BAYC you own. The total staking pool for Apes runs deep at 47,105,000 $APE for Year 1.
The MAYC pool lets you stake up to 2,042 $APE for each MAYC you own. The total staking pool for Mutants tops out at 19,060,000 $APE for Year 1.
The Paired pool works differently. A Dog (BAKC) cannot be staked alone and must be paired with a Bored Ape or a Mutant. The total staking pool for a BAKC pairing is 3,835,000 $APE for Year 1.
Standard Ethereum gas fees apply
ApeStake.io is the official staking protocol for ApeCoin ($APE) established by the ApeCoin DAO (ApeDAO) and was created as a way for $APE, BAYC, MAYC, and BAKC holders to earn rewards through staking. $APE can be staked by itself or in conjunction with a BAYC, MAYC, or BAKC in one of the four staking pools, with each pool offering different levels of rewards.
The ApeStake.io protocol was proposed in AIPs 21 and 22 and subsequently approved by the community on May 4, 2022. Following approval, the Ape Foundation enlisted Horizen Labs to provide a platform for the staking protocol according to the specifications set forth in the AIPs.
To help clarify terminology, the AIPs provided definitions for some important terms:
Staking Pools: The total ApeCoin pools that participants can earn from.
Staking Pool Type: The pool is specifically assigned to a digital asset class; there are four in total.
Staking Period: Each period is 12 months.
Staking Pool Allocations: The total amount of ApeCoin allocated to each Staking Pool Type per period.
Total Staking Period: A total of three (3) years.
Initial Staking Period: The first 12-month period of staking.
Pool Distribution: The spread of the staking allocation assigned across the period.
Incentive Distribution Curve: The schedule of ApeCoin allocated for incentives per quarter.
ApeStake.io allows holders of $APE to put their idle tokens to work by staking them within various pools and earning additional rewards in the form of more $APE.
ApeStake.io is more than just a simple staking protocol. It has the distinction of offering layers of rewards for holders of certain NFTs. Operating like a safe-deposit box key, these NFTs grant holders access to exclusive staking pools.
Below is a breakdown of the four staking pools and their total allocations as specified in AIP 22 for Year 1:
$APE Staking Pool: 30,000,000 $APE Tokens
BAYC Staking Pool: 47,105,000 $APE Tokens
MAYC Staking Pool: 19,060,000 $APE Tokens
BAKC Staking Pool: 3,835,000 $APE Tokens
When a user deposits ApeCoin, the staking smart contract must transfer tokens out of the user's wallet and into the contract itself. This action cannot be taken unless the user grants specific permission.
This action will modify the state of the ApeCoin ERC-20 contract, which is why it will incur a small gas fee. See here for more details about ERC-20 allowance
WE STRONGLY RECOMMEND THAT YOU UNCOMMIT YOUR BAYC, MAYC, OR BAKC PRIOR TO THE SALE.
If I sell my NFT while it is committed in a BAYC or MAYC pool, will I lose all of my staked $APE?
YES, YOU WILL LOSE YOUR STAKED $APE. Think of your BAYC or MAYC like a box that holds your $APE. If you sell the box, the new owner gets the box plus all of its contents. So, if you’re about to sell your BAYC or MAYC, WE STRONGLY RECOMMEND THAT YOU UNCOMMIT YOUR NFT PRIOR TO THE SALE. This will ensure a clean deposit into your wallet of both your staked and earned rewards. If you happen to sell your NFT and forget to uncommit it, the new owner has the ability to uncommit it, and as the NFT is transferred to the new owner, so too will transfer your staked $APE and rewards.
If I sell my NFT while it is committed in a Paired pool, will I lose all of my staked $APE?
Similarly, new owners will have rights to the staked position, with a few caveats.WE STRONGLY RECOMMEND THAT YOU UNCOMMIT YOUR NFTs PRIOR TO THE SALE.
For the Paired Pool, the owner of the BAYC or MAYC is entitled to the staked amount, whereas the owner of the BAKC is entitled to any unclaimed rewards associated with the staking position.