Implementation Status: Complete
Abstract Summary: After the vote against AIP-4&5, the community had meaningful discussions on the ApeCoin DAO forum and elsewhere. The essential feedback was that overall the framework was fine, but lacked the key element of caps.
This AIP proposes a staking system for ApeCoin and the Bored Ape Yacht Club (BAYC) NFT ecosystem: Bored Ape Yacht Club, Mutant Ape Yacht Club (MAYC), and Bored Ape Kennel Club (BAKC). Staking participants will be able to stake ApeCoin and use the Bored Ape Yacht Club ecosystem NFTs to receive ApeCoin from a preset pool over a set period of time.
Overall Cost: $300,000 – $500,000
Referenced By: AIP-134: Bug Bounty Program for AIP-21