ApeXers, we're bringing another round of exciting updates about the latest enhancements to the ApeX Protocol.
Here's what's new.
Staking 3.0 NOW LIVE: Higher APYs and Increased Earnings with a Lock-Up Feature
This week we've officially launched Staking 3.0, an upgrade that introduces Locked Staking, allowing you to commit your tokens to $APEX and $esAPEX pools for extended durations. This version is designed to provide you with higher earnings whilst also contributing to the overall stability and value of the $APEX token.
For increased flexibility, we offer 4 different time frames that you can choose from to lock-in your holdings: 3 months, 6 months, 12 months, or 24 months. Needless to say, the longer you stake, the higher your rewards each Staking round.
Please note that if you're already part of our Staking Program, you'll have till April 7, 2024 to unstake and restake your tokens to prevent the time factor on your staked positions from dropping to 0. It's recommended that you unstake your original staked positions as soon as possible and re-stake them with a lock-up period.
For an in-depth explanation of how Staking 3.0 works check out our blog post; to learn how your rewards are calculated with helpful examples, please refer to our Gitbook.
New USDT Contracts Incoming
Adding to our existing 41 pairs, we're thrilled to announce the introduction of 5 new USDT trading pairs next week! As requested by our community, we're bringing you SOL-USDT, SUI-USDT, STRK-USDT, MATIC-USDT, and LINK-USDT.
We're eager to hear your suggestions for additional perpetual markets you'd like to see on ApeX. Our goal is to continually enhance our platform's offerings and provide you with a wider range of trading options.
Trade-to-Earn Now Available on Bybit App
If you're participating in our Trade-to-Earn campaign through Bybit, we have some great news for you. We're excited to announce that the Bybit mobile apps now support trading in our USDT markets and provide direct access to the ApeX T2E page with just one click. This allows you to easily monitor your stats, estimated rewards, and seize those sweet earnings bi-weekly more conveniently.
ApeX Lunar Dragon Chase Rewards Ready for Claiming
The ApeX Lunar Dragon Chase was a huge success, with 1,185 participants, 30,028 Dragon Ball NFTs minted on Arbitrum, and 425 Wood Dragons fused! We've now entered the Rewards stage of our campaign.
With a grand prize pool of 70K USDC available for claiming, it's time to reap the rewards of your hard work. Claim here.
Max-Order Size and Max-Position Size Amended for Some USDC Pairs
Please take note that we have amended the maximum order size and maximum position size for the following USDC pairs: BTC-USDC, ETH-USDC, DOGE-USDC, SOL-USDC and 1000PEPE-USDC. For detailed information on the new maximum order size and maximum position size of these contracts, please refer to the contract specifications.
ApeX Grid Bot Launching Soon
We're excited to announce the upcoming launch of the ApeX Grid Bot later this month. Designed to accommodate both experienced traders and newcomers alike, the ApeX Grid Bot offers a unique opportunity to refine trading tactics and capitalize on market movements.
With support for all USDT and USDC perpetual contracts, as well as the added benefit of positive maker fees for USDT contracts, the bot not only reduces trading costs but also provides a 0.02% trading fee rebate. Furthermore, the trading volume generated by the ApeX Grid Bot will automatically contribute to your Trade-to-Earn activities, increasing your bi-weekly trading rewards in $BANANA.
Stay tuned for the announcement of the exact launch date. In the meantime, take the opportunity to familiarize yourself with trading bots by checking out our helpful article.
ApeX Fusion Coming Soon on Elixir
In case you missed it, we're collaborating with Elixir, a modular DPoS consensus network that empowers users to provide liquidity to orderbooks. Together with Elixir, we're thrilled to introduce ApeX Fusion — a decentralized market-making pool designed to unlock retail liquidity for trading pairs on ApeX.
This initiative aims to enhance the trading experience on ApeX by increasing liquidity on order books through community involvement. Participants will be incentivized with high APY, Elixir points, and $APEX rewards. Stay tuned for more details.
Integration with Mantle Network for Staking and Vesting on ApeX
Coming soon, we're thrilled to announce our integration with Mantle Network to facilitate staking and vesting on ApeX! By staking your $APEX and $esAPEX tokens, you'll unlock weekly USDC rewards. Moreover, you'll have the option to seamlessly convert your $esAPEX tokens into $APEX through vesting. This integration expands the accessibility of APEX, allowing for bridging on Mantle alongside the current bridge on Arbitrum.
Stay tuned for the announcement of the exact launch date for the integration, along with an exciting launch campaign featuring attractive rewards.
Thank you for your ongoing support and for being a dedicated member of our ApeX community! Keep an eye out for more updates, and as always, happy trading!
For any questions, reach out to us via the ApeX Discord channel and if you have any feedback, please share it with us by filling out this form.