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    Weekly Platform Updates

    Jul 14, 2024

    3 min read

    ApeX

    ApeX Omni

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    ApeXers, it's been a whirlwind of excitement this week! As Euro2024 approaches its climactic finale, don't miss your final shot at Crypto Cup Madness. We've also rolled out new opportunities to earn bananas in Feed the Kong Frenzy, made the game available on mobile apps, and detailed everything you need to know about the much-anticipated $KONG token launch.

    Let's jump into the highlights from this action-packed week.

    1. Feed the Kong Frenzy — Now Available on ApeX Mobile App

    ApeXers, Feed the Kong Frenzy continues to captivate over 400K players globally! With the game now available on ApeX mobile apps, you can help Kong grow by feeding him bananas anytime, anywhere — propelling you up the leaderboard as you aim for a portion of our upcoming token airdrop. Should you need a refresher on Feed the Kong Frenzy, check out this blog.

    2. Boost your Rank on Feed the Kong Frenzy with Kong's Social Safari

    In an effort to help you boost your rank in the Feed the Kong Frenzy game, we're introduced Kong's Social Safari, a free way to ramp up your banana count daily and maximize your share of the airdrop. Here's a closer look at how you can maximize your banana count:

    1. Engage in 1-time social tasks: Earn up to 8,000 🍌s bananas by following ApeX and Kong social media channels;

    2. Engage in limited-time only social tasks: Earn up to 1,000 🍌s bananas by competing in weekly social media challenges;

    3. Refer friends: Earn more than 100,000 🍌s bananas, by inviting your community to play the game;

    4. Check-in to ApeX Social: Earn 2,000 🍌s bananas as well as ApeX Social Points (ASPs) by checking-in daily and consecutively on ApeX Social.

    Every free task you complete brings you one step closer to a bigger share of the Kong the Bananator token airdrop. We've added a helpful Task Center to the game on the app, so that you can effortlessly keep track of the tasks you've completed.

    Remember, the more you engage, the higher your potential to secure a substantial share of the 1% total token allocation reserved for Feed the Kong Frenzy participants! For all the details of Kong's Social Safari, head to this blog.

    3. Optimized Risk Control and Maximum Feeding Count

    We've made yet another key enhancement to the game as we've increased maximum feeding count. You can now feed adult Kong up to 10,000 bananas every 8 hours, expanding your opportunities to enhance your score and ascend the ranks! In addition, we've optimized the risk control features, to ensure responsible gameplay.

    Stay tuned for more upcoming updates based on your feedback, including anti-sybil features to further ensure fair play, and anti-addiction measures for responsible gameplay.

    In the meantime, join in and let's go bananas together!

    4. ApeX Omni FAQs — Everything You Need to Know About $KONG

    The highly anticipated $KONG token is almost here! As we gear up for the token generation event (TGE), we’ve compiled an FAQ to peel back the layers of the tokenomics, the launch, and how you can get a share.

    So before you swing into action with $KONG, make sure to check out our detailed FAQ blog, which has all the details you need to know about $KONG. Check out all the details on our blog.

    5. $APEX Quarterly Burn Tranche 3 — Token Supply Reduced by 10%

    Another key event this week was the completion of our 3rd successful token burn for $APEX. This burn is part of our ongoing commitment to revamp $APEX tokenomics and enhance its value, ensuring it better aligns with the overall value of our project.

    With this latest burn, we've reduced the total supply of $APEX to 60 million tokens, marking another important step in our strategic initiative to decrease the token supply by 50%, from the initial 1 billion to a target of 500 million tokens. This burn not only demonstrates our dedication to enhancing the value proposition of $APEX but also reflects our confidence in the project's long-term potential.

    By reducing the token supply, we aim to create a more favorable balance between supply and demand, potentially benefiting token holders. For those interested in a more detailed analysis of the token burn and its implications, check out our blog. Should you need all the details of the $APEX tokenomics revamp strategy, head to this blog.

    6. Crypto Cup Madness — Final Shot to Grab Mystery Boxes and USDT

    ApeXers, Crypto Cup Madness is coming to a close, with England and Spain vying for the championship in the finale of Euro2024! As we gear up to the final match tonight, it's your last chance to grab your share of USDT prizes and Mystery Boxes.

    The clock's ticking on Scorecast Showdown, so make your final predictions for a chance to win a Mystery Box on ApeX Social for FREE! In case you need a refresher, each Mystery Box is packed with exciting rewards such as trading bonuses, ApeX Social Points and Real-World Treasures (RWT) including an Apple Vision Pro, a Saga and a Lamborghini!

    Concurrently, it's the last few hours to get in on Trader's Trivia. So brush up on your football knowledge and get ready to show off your knowledge. The fastest responders with the correct answers snag a share of the USDT prize pool!

    So join in the festivities on our #eurocup channel on ApeX Discord to interact with fellow football enthusiasts, place your predictions, and participate in trivia to win exciting prizes! Should you need a refresher on how you can get involved in this thrilling competition, head to our blog.

    7. Claim Your FREE Welcome Box on ApeX Social

    ApeXers, have you claimed your complimentary Welcome Box on ApeX Social yet?

    With the introduction of ApeX Social, establishing your Digital Identity (DID) on ApeX earns you a special reward. Simply connect to ApeX Omni; mint your ApeSoul (SBT) representing your DID; and claim your Welcome Box. Upon opening your free Welcome Box, you'll discover trading bonuses, points, or even real-world treasures such as fragments of a Lamborghini, an Apple Vision Pro, or a Saga Solana phone.

    Don't miss out on this opportunity to accumulate ApeX Social Points (ASPs) and other fantastic rewards! For a detailed guide on how to win a Lamborghini and other exciting prizes, explore our blog.

    8. Contract Specific Details — now available on ApeX Omni Mobile App

    Next up, we've added comprehensive information to all available contracts on the ApeX Omni mobile app! Now when you initiate a trade, you'll be presented with even more contract details, such as tick size, step size and position size that outline the key aspects of the contract.

    With this update, we aim to empower you with more information so you can optimize your trades via the ApeX app!

    Coming Soon

    9. ApeX Omni Live Leaderboard

    Coming soon, you can stay ahead on ApeX Omni with our dynamic leaderboard, engineered to reflect your overall standing vis a vis other traders! Regularly updated, you'll always have the latest on where you stand among your fellow competitors. This is a great way to gauge your success, inspire others and see how you're performing.

    10. ApeX Grid Bot on ApeX Omni

    We're gearing up to support ApeX Grid Bot on ApeX Omni, supporting any and all available USDT perpetual contracts and launching with negative maker fees! This powerful automated trading tool will allow users to execute customizable grid strategies and capitalize on market fluctuations efficiently.

    The ApeX Grid Bot will cater to both seasoned and novice traders and feature 2 distinct bot types. With 0 gas fees on ApeX Omni and negative maker fees on all trading pairs, users will have the opportunity to trade both conveniently and profitably! This launch marks the first step in ApeX's mission to introduce a comprehensive suite of automated trading tools to the platform, with more features planned for the future. Should you need a refresher on ApeX Grid Bot, check out this blog. For more details on trading bots, head to this blog. Stay tuned for more details on all our social channels!


    As another eventful week at ApeX concludes, make sure to catch the last act of Crypto Cup Madness and secure your Mystery Boxes and USDT prizes! Furthermore, don't miss out on the essential details in our $KONG token FAQ as the launch nears. Also, dive into the Feed the Kong Frenzy on our mobile apps and elevate your gameplay with Kong's Social Safari.

    As we embark on a new week, stay tuned for the latest updates we have in store for you. We value your input, so please keep your feedback coming through our Discord channel or via this form, and stay tuned for more! And as always, happy trading!

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