Perpetual

Spot

hot
hot

APEX BLOG

Stay at the forefront of decentralization
with regular ApeX news, deals and research.


    Filters
    AllAnnouncementsPlatform Updates

    Weekly Platform Updates

    Jun 23, 2024

    3 min read

    DEX

    ApeX Omni

    Rewards

    banner

    ApeXers, it's been an exciting week!

    This week, we rolled out Feed the Kong Frenzy — a thrilling game where players feed bananas to baby Kong, helping him grow into Kong the Bananator. By participating, players secure their share of our upcoming meme token airdrop! But that’s not all. We’ve officially entered Phase 6 of the ApeX Omni Journey, offering another exciting way for you to guarantee your share of the meme token as an early ApeX Omni tester. Simply sign up, deposit, and trade on ApeX Omni to complete this week's tasks. Alongside the airdrop, you’ll earn points that unlock crypto rewards and real-world treasures on ApeX Social.

    With these exciting updates and more, let's dive in and explore all the action!

    1. Feed the Kong Frenzy — Now Live! 🍌

    If you've been intrigued by our many references of "nurturing your hero" and "joining the feeding frenzy," we're thrilled to officially unveil the Kong Feeding Frenzy! This game invites you to feed bananas to baby Kong, helping him grow into Kong the Bananator, while also securing a share of our meme token airdrop.

    By feeding bananas to baby Kong daily and consecutively, you'll be eligible for a share of 1% of the total supply of our upcoming meme token (that is 10% of the total airdrop allocation). The allocation of the airdrop will be determined via a snapshot in the coming days, so make sure to feed our little hero daily.

    What's more, we've received valuable feedback from our early participants, and we have some epic updates coming soon:

    1. No More Cheaters: We're implementing anti-sybil features to ban bot users and keep the game fair for all legitimate players.

    2. Anti-Addiction Mode: Concerned about playing too much? We've got you covered with features designed to help you enjoy the game responsibly.

    3. Banana Bonanza: Want more bananas? Invite your friends and get rewarded! Our referral campaign is launching soon.

    4. Social Media Madness: More tasks, more campaigns, more giveaways! Let’s work together to make this game go viral.

    5. NFT Leaderboard Swag: For our top feeders, we're introducing special NFT rewards. Climb the leaderboard and earn your bragging rights!

    So, keep feeding baby Kong bananas and help him transform into the mighty Kong the Bananator, while securing your share of the upcoming airdrop. Exciting times are ahead!

    2. Kong the Bananator and Kong Telegram Community

    As for the launch of the token itself, we are excited to announce that 'Kong the Bananator', created to reward and empower our loyal users, is coming very soon.

    In case you need a refresher, Kong the Bananator is a fair launch meme token that will be fully decentralized and 100% community-owned. 10% of the total token supply will be airdropped to all users who have participated in the ApeX Staking Program, early adopters of the ApeX Omni platform (mainnet) as well as Feed the Kong Frenzy participants.

    The distribution of Kong the Bananator tokens will be determined by a snapshot of all eligible wallets on a future date (to be announced). The specific allocation methodology will fairly reward active users in proportion to their engagement and support. More details around the launch date, tokenomics, and how to get involved with Kong the Bananator will be released in the coming weeks. In the meantime, we encourage all interested ApeXers to join the official Telegram group to stay updated:

    Here are some helpful links to grab your share of the upcoming token:

    3. ApeX Omni Journey Phase 6

    ICYMI, we're now in Phase 6 of the ApeX Omni Journey! In this phase, you are invited to join ApeX Omni mainnet by signing up, making a deposit, and placing your first trade. With Phase 6 being live, we are just one phase away from concluding the ApeX Omni journey! Here's what you need to know to make the most of it:

    1. Every task you complete earns you points that can be converted to ApeX Social Points (ASPs). Use ASPs on ApeX Social to redeem crypto and real-world assets (e.g. Lambo 🏎️).

      1. To learn more about ApeX Social and ApeX Social Points, refer to this helpful blog post. For details on the available rewards and how to earn them, check out this blog.

    2. Complete as many tasks as you want — the more you complete, the more points you accumulate.

      1. Only tasks related to ApeX Omni Mainnet will make you eligible for the airdrop.

      2. If you have completed tasks from previous phases but did not complete Mainnet tasks, you will only receive ApeX Social Points, which can unlock rewards on ApeX Social. However, you will not be eligible for the meme token airdrop.

    Don't wait any longer — join the ApeX Omni Journey, complete tasks, and claim your rewards!

    4. Delisting of 6 USDT Pairs on ApeX Pro

    ApeXers, please be informed that the following trading pairs will be delisted on ApeX Pro: (1) MANTA-USDT, (2) BIGTIME-USDT; (3) MEME-USDT; (4) GMT-USDT; and (5) STRK-USDT.

    Here's a detailed timeline of the delistings:

    1. Starting June 25, 2024, at 7 AM UTC — We will cease support for creating new positions with these trading pairs.

    2. On July 9, 2024, at 7 AM UTC — These trading pairs will be officially delisted from ApeX Pro.

    We encourage all traders currently holding positions in these pairs to plan accordingly and adjust their trades before the dates outlined above. Check out our announcement on Discord for more details.

    For all the specifications of contracts that we do support, head to our Gitbook page.


    That's all the updates we have for you and, as always, we are grateful for your unwavering support! With many more exciting plans on the horizon, stay tuned to our blog for all the details!

    If you have any questions or feedback, feel free to reach out via ApeX Discord or share your feedback through this form. Happy trading!

    2