Staking Proposal - Other approach

Hi Apes!

We’ve been discussing several days about the staking process, size of pools, incentivize BAYC holders, and more stuff but maybe we should look at the staking process from a different angle. The way we are conceving the staking process isnt different from the first DeFi farms that give away tokens for doing nothing. We all know what the people do with farming tokens… dump!!!

I think $APE can do better, instead of give away $APE tokens for free, we should implement a vested escrow voting system that rewards holders that are commited to $APE DAO. The next image explains the process itself.

So instead of giving for free $APE tokens to the bigger whale that passes by, we reward with tokens to people that time lock its tokens and also that people will be the voice of our DAO.

Okey, you are right, but what about BAYC holders? I didnt mention it because rewarding them should be on a complete different proposal. BAYC is the most famous NFT in the world, maybe we can talk with the top NFT marketplaces and incentivaze if holders offers its NFT on a price range around the current floor price, we can even build protocols that have BAYC holders in mind (borrow/lend protocol maybe) but staking its a different thing IMHO.

I’ve talked too much, What do you think?


I propose something alike regarding the time factor and is being discussed in this post :


Yes, it is like you said but a step further. I try to tie rewards and governance with the vested tokens. Just the ones who are willing to vest their tokens for a period of time have the right to vote proposals and get rewards.


hey everyone if you want to discuss on twitter im hosting an all day space for $ape Discussion just wanna put it out there :sparkles: @N1t3GUY

Cheers :beers:

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