ApeCoin DAO entered the pledge in the second quarter, and 30 million APEs will be allocated to four pledge pools
On March 14, it was reported that, 91 days after ApeCoin DAO launched its pledge system, 35 million APEs had been distributed through agreement, and another 30 million APEs would be distributed in the next three months. In the second quarter, ApeCoin DAO will allocate a total of 30 million APEs in four pledge pools, of which 9 million APEs will enter the APE Only pool, 14131500 APEs will enter the BAYC pool, 5718000 APEs will enter the MAYC pool, and 1150500 APEs will enter the BACK pool.
Interpretation of this information:
The message reports on the distribution of APE tokens by ApeCoin DAO through its pledge system. 35 million APE tokens have already been distributed through agreements, and another 30 million will be distributed in the next three months. In the second quarter, ApeCoin DAO has planned to allocate a total of 30 million APE tokens across four different pledge pools. The APE Only pool will receive 9 million APEs, while the BAYC pool will receive the highest share of 14,131,500 APEs. The MAYC pool will receive 5,718,000 APEs, and the BACK pool will receive 1,150,500 APEs.
It seems that ApeCoin DAO has successfully implemented its pledge system, which allows users to lock up their APE tokens to participate in the distribution of newly minted APEs. The allocation of APE tokens across different pools is an attempt to incentivize users to pledge their tokens to a specific pool, thus increasing their chances of receiving newly minted APEs.
The choice of pools is also interesting. The APE Only pool seems to be a safe option for those who do not want to take any risks and would like to retain their APE tokens. On the other hand, the BAYC pool, which receives the highest share of APE tokens, is likely to attract users who hold Bored Ape Yacht Club NFTs. The MAYC pool seems to be linked to the Mutant Ape Yacht Club NFTs, while the BACK pool may be related to the Backyard Society NFTs.
In summary, the news reports the successful distribution of APE tokens through ApeCoin DAO’s pledge system. The allocation of APE tokens across different pools is an attempt to incentivize users to pledge their tokens and increase their chances of receiving newly minted APEs. The choice of pools is likely to attract users with different preferences, including those who hold specific NFTs.
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