What Is Apechain

ApeChain is a blockchain network built to support Web3 gaming, NFTs, and community-driven projects within the ApeCoin ecosystem. It offers developers tools like the Otherside Development Kit to create games and apps.

Players and NFT holders can engage with games, stake assets, and access exclusive digital experiences. Unique features include native yield for automatic rewards, cross-chain bridging, and a $70 million fund to support creators.

Notable Games

• Otherside: A metaverse game blending virtual worlds and NFTs, live with ongoing development.
• Dookey Dash: Unclogged: A skill-based arcade game with competitive rewards, live.
• Top Trader: A trading game offering up to 1,000x leverage, live.
• Apes Predict: A prediction market game for community engagement, live.

How Users Can Earn

Users can earn through staking ApeCoin (APE) and Shadow NFTs, which provide automatic rewards without lock-up periods. Participation in games like Otherside may offer play-to-earn opportunities.

Staking and Rewards

• Staking Availability ApeCoin (APE) and Shadow NFTs can be staked.
• Token Utility: APE serves as a governance token for the ApeCoin DAO, a currency for transactions, and gas on ApeChain. It enables access to exclusive games, events, and NFT-related services.

Token Details:

• • Supply: Fixed at 1 billion tokens.
  • Allocations: 62% to Ecosystem Fund (150M for BAYC/MAYC, 470M for DAO treasury), 16% to Yuga Labs and charity, 14% to launch contributors, 8% to BAYC founders.
  • Inflation: No inflation, as supply is capped; rewards are drawn from allocated pools.
  • Staking Mechanics: Rewards accrue automatically every block, based on staked amount and pool activity. Users must bridge tokens to ApeChain via Ape Portal or Relay Bridge.

Tech & Background

ApeChain launched in 2024, backed by Yuga Labs and governed by the ApeCoin DAO. It operates as a Layer 3 blockchain on Arbitrum Orbit, using optimistic rollups for scalability and Ethereum-grade security.

Developers access tools like the Otherside Development Kit and Arbitrum’s Stylus for building games in Rust, C++, or C++. The network integrates with EVM-compatible wallets and features an NFT marketplace via Magic Eden. Key partnerships include Arbitrum, LayerZero, and Wire Network, with a $70 million Banana Bill fund supporting ecosystem growth.