APEcoin Will Unlock 15,600,000 APE Tokens on January 17th

APEcoin will unlock 15,600,000 APE tokens on January 17th, constituting approximately 2.16% of the currently circulating supply.

APEcoin will release 15,600,000 APE tokens on January 17th. This amounts to roughly 2.16% of the current circulating supply.

APE Info

ApeCoin (APE) is an ERC-22 governance token that serves as the native cryptocurrency of the APE ecosystem. The ecosystem is a decentralized protocol layer that aims to empower community building within Web 3.0. Yuga Labs, the team behind the Bored Ape Yacht Club (BAYC) NFT collection, has integrated APE as the primary token for its new products and services, including the Otherside metaverse project.

The ApeCoin DAO, a decentralized autonomous organization, enables APE token holders to participate in governance decisions. These decisions can range from allocating funds to establishing partnerships. Once voted on by DAO members, the APE Foundation, which serves as the DAO's legal steward, will carry out the approved governance actions.

As the key to participation in the ApeCoin DAO, the APE token also provides access to various benefits within the APE ecosystem, including exclusive games, merchandise, events, and more. Additionally, third-party developers are able to integrate the APE token into their platforms, such as games or marketplaces, to offer it as an incentive or reward for users.