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.
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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.
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