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ApeCoin DAO Reports Successful Launch of Pledge System

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ApeCoin DAO Reports Successful Launch of Pledge System

On March 14, it was reported that, 91 days after ApeCoin DAO launched its pledge system, 35 million APEs had been distributed through agreement, and another 30 million APEs would be distributed in the next three months. In the second quarter, ApeCoin DAO will allocate a total of 30 million APEs in four pledge pools, of which 9 million APEs will enter the APE Only pool, 14131500 APEs will enter the BAYC pool, 5718000 APEs will enter the MAYC pool, and 1150500 APEs will enter the BACK pool.

ApeCoin DAO entered the pledge in the second quarter, and 30 million APEs will be allocated to four pledge pools

Analysis based on this information:


The message informs us that ApeCoin DAO has successfully launched its pledge system, which rewards its users with ApeCoin (APE) tokens. The update states that, within 91 days of the system’s launch, 35 million APEs have already been distributed through agreement, with another 30 million APEs to be distributed within the next three months. The DAO plans to allocate a total of 30 million APEs during the second quarter, which will be divided into four different pledge pools.

The first pool, the “APE Only” pool, will receive 9 million APEs. This suggests that only those who hold APE tokens are eligible to participate in this pool, which could lead to an even greater demand for APE tokens amongst users. The second pool, the “BAYC” pool, will receive 14,131,500 APEs, while the “MAYC” pool will receive 5,718,000 APEs. The remaining 1,150,500 APEs will be allocated to the “BACK” pool.

This announcement indicates that ApeCoin DAO is growing and expanding its ecosystem. By distributing the tokens in specific pools to different users, the DAO is creating incentives for its users to hold APE tokens, especially those who want to participate in the APE Only and BAYC pools. Overall, this move shows that the DAO is committed to creating value for its ecosystem by providing various incentives to keep users engaged.

In conclusion, ApeCoin DAO’s successful launch of its pledge system is a valuable update for its community. The distribution of APE tokens in specific pools is an excellent way to encourage users to participate in the ecosystem. This is a positive indicator of ApeCoin DAO’s growth and the community’s interest in using its platform. The ecosystem is expected to benefit from continuous engagement, making the APE tokens more valuable in the long run.

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