NFT lending platform BendDAO is considering a proposal to create an ApeCoin staking platform from which APE token holders and Yuga Labs NFT holders will be able to earn staking rewards. BendEarn will serve as a yield optimization platform for APE staking.
The BendDAO team has also drawn up a development plan to implement the platform, which is estimated to take two to three weeks to build.
Advertisements
If the community supports the idea, it will vote for implementation. The proposal was put forward by a BendDAO community member named vis.eth on September 29 and details how it works.
DISCLAIMER: The information provided by WebsCrypto does not represent any investment suggestion. The articles published on this site only represent personal opinions and have nothing to do with the official position of WebsCrypto.
