P2P Ape Staking

Previously, only users with both a BAYC/MAYC/BAKC NFT and APE tokens could participate in our APE staking program. This allowed them to open a borrowing position on JPEG’d and earn yield from both The Citadel and ApeCoin Staking — all at once, free of charge. However, its requirements made the program limited to larger users.
Now, the barrier to entry is much less significant as even NFT holders without APE tokens can participate. With our new P2P APE Staking program, BAYC/MAYC/BAKC holders can connect with multiple ApeCoin holders to co-stake and earn yield in ETH and APE.
Keep in mind that only NFTs deposited into a borrowing position are eligible for the program, but any APE provider could use the program to peer-stake any amount of APE.
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How to Participate:
List a BAYC/MAYC for P2P Staking
Deposit a BAYC or MAYC in a JPEG’d vault via the user dashboard.
Guide to vault management here.
In this scenario, it’s recommended to borrow pETH in order to deposit into The Citadel and earn additional yield. 
Go to the P2P APE Staking tab
Go to My Positions
Now that your NFT is deposited into a JPEG’d vault, it should appear here as well. 
Select the NFT(s) that you want to list for P2P Staking
Define the rewards split
Confirm listing
Enjoy the rewards
Become an ApeCoin provider
Go to the P2P APE Staking tab
Select preferred listings
Stake APE
If the amount of staked APE tokens is more than the required amount for the listings selected, JPEG’d will automatically find and fill the best available position for you. Just enter the number.
Enjoy the rewards
Join as a BAKC owner
Deposit a BAKC in a JPEG’d vault via the user dashboard
Guide to vault management here.
In this scenario, it’s recommended to borrow pETH in order to deposit into The Citadel and earn additional yield.
Go to the P2P APE Staking tab
Go to All Listings
Select the BAKC pool to find BAYC/MAYC awaiting BAKC pairing
Select the NFT(s) that you want to pair with for P2P Staking
Deposit in the pool and stake APE, or wait for an ApeCoin provider to stake APE for you
Enjoy the rewards
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Note: The P2P Ape Staking UI has a filter that allows users to users view filled and/or unfilled listings as displayed below.
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Last modified 12d ago