2.16% of APE tokens will be unlocked on February 17

robot
Abstract generation in progress

Unlock

On February 17th, APEcoin will unlock 15,600,000 APE tokens, which is approximately 2.16% of the total circulating token supply.

Information about APE

ApeCoin (APE) is a utility and governance token that underpins the APE ecosystem, a decentralized protocol that fosters community building in Web 3.0. Yuga Labs, the creators of renowned NFT collections Bored Ape Yacht Club (BAYC) and owners of CryptoPunks and Meebits, have integrated APE as the primary token for their new products and services.

ApeCoin operates based on the decentralized autonomous organization (DAO), which allows APE holders to participate in governance decisions. All decisions are made based on token holder voting, after which the APE Foundation ensures the execution of these decisions. A special division within the fund, called the 'Board,' ensures that the implemented decisions align with the community's vision.

The APE token allows holders to participate in the management of the APE ecosystem through DAO, gain exclusive access to ecosystem features, and is used by third-party developers as a tool for incentivizing integration into their projects, games, and services.

View Original
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
  • Reward
  • 1
  • Share
Comment
0/400
GateUser-e9220eecvip
· 01-25 23:46
very interesting post
View OriginalReply0