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$APECoin Staking on JPEG'd
Benefit from $APE Staking AND the JPEG'd citadel
JPEG'd goal is to empower all NFT holders and allow them to profit from the perks associated with their NFTs while they are using JPEG'd.
Integrating this program on JPEG'd effectively makes it a very attractive place to leverage the value of BAYCs/MAYCs/BAKCs, as it allows to maximize yield opportunities by combining the perks of the citadel and of the $APE staking program, once again, truly bridging NFTs with DeFi.
The $APE Staking program allows holders of BAYC/MAYC/BAKC and $APE to stake $APE in different pools each with their own APRs.
There are 4 pools, each with their own rewards:
- $APE Staking Pool
- BAYC Staking Pool
- MAYC Staking Pool
- BAKC Staking Pool
The Incentive Distribution Curve changes year after year and the Staking Pool Allocations for Staking Periods following the Initial Staking Period are determined by the market prices of the BAYC, MAYC, and BAKC NFTs. An average price during Q4 of the previous Staking Period determines the ratio allocated to each of the Staking Pools. The ApeCoin Staking Pool will remain constant at 30%. The rewards emitted by each pool is independent of JPEG'd.