Implementation Update | AIP-4: Reloaded: Staking Process with Caps (1x drop)

AIP Name: AIP-4: Reloaded: Staking Process with Caps (1x drop)

Implementation Status: Complete

Author: @giacolmo.eth

Abstract Summary: After the vote against AIP 4&5, the community had meaningful discussions here on the forum and elsewhere, still it is necessary to proceed and take a decision. The essential feedback was that the 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

Related AIPs: AIP-21: Staking Process with Caps (1x drop) - Process, AIP-22: Staking Pool Allocation Reloaded - Ecosystem Fund Allocation, and the original submission: AIP-4: Staking - Process

Timeline Updates:

Interview Q&A:

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