Staking

Staking $GAPE tokens on ApesPlay offers users a way to earn additional rewards while supporting the stability and growth of the platform. Our staking system includes both single-token and dual-token staking options, providing flexibility and additional earning opportunities. Here's a comprehensive guide to staking $GAPE on ApesPlay.

What is Staking?

Staking involves holding $GAPE tokens in a dedicated wallet or staking contract, effectively "locking" them to earn rewards. This process helps secure the network and incentivizes long-term participation and investment in the ApesPlay ecosystem.

Staking Options

1. Single-Token Staking

In single-token staking, users stake only $GAPE tokens to earn rewards. This option is ideal for those who want to keep their investment straightforward and directly linked to the platform's primary token.

• How to Stake $GAPE:

  • Navigate to the staking section on the ApesPlay platform.

  • Select the amount of $GAPE you wish to stake.

  • Confirm the staking transaction in your wallet.

2. Dual-Token Staking

Dual-token staking involves staking $GAPE alongside another cryptocurrency, such as APE or ETH. This method can offer higher rewards due to the added complexity and benefits of diversifying your staking strategy.

a. APE-GAPE Staking

• How to Stake APE-GAPE:

  • Obtain both APE and $GAPE tokens.

  • Visit the APE-GAPE staking pool section on the ApesPlay platform.

  • Enter the amount of APE and $GAPE you wish to stake. The system will require an equal value of both tokens.

  • Confirm the staking transaction.

b. ETH-GAPE Staking

• How to Stake ETH-GAPE:

  • Acquire ETH and $GAPE tokens.

  • Go to the ETH-GAPE staking pool section on the platform.

  • Specify the amount of ETH and $GAPE you want to stake, ensuring an equal value of both tokens.

  • Confirm the transaction to stake your tokens

3. Staking ApesPlay Lands

A unique staking opportunity is available for ApesPlay Lands holders. By staking their Lands, users can earn resources that vary depending on the land’s rarity and ranking. Higher rarity and ranking provide greater resources, incentivizing collectors to hold and stake rare and valuable Lands.

How to Stake ApesPlay Lands

Coming Soon... - Q4 2024

Staking Terms and Conditions

• Lock-In Period: Staking may involve a lock-in period during which the resources cannot be withdrawn. This period varies based on the staking pool and specific terms.

• Rewards Distribution: Rewards are distributed periodically, often monthly, and are calculated based on the amount and duration of the staked tokens.