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What is apecoin (ape)?
ApeCoin (APE) is an Ethereum -based token linked to the Bored Ape Yacht Club NFTs. Bored Ape Yacht Club NFTs are one of the most successful NFT projects to date. Bored Apes have sold for unthinkable prices.When will apecoin be allocated?
Tokens will be allocated to BAYC/MAYC members via the claim page starting on March 17, 2022 at 8:30AM ET. To ensure a fair launch of ApeCoin to BAYC and MAYC NFT holders, the allocation is informed by the difference in floor price between each collection of NFTs, roughly the month prior to the token claim launch (02/07/22 to 03/08/22).How does uniswap work?
Uniswap pioneered the Automated Market Maker model, in which users supply Ethereum tokens to Uniswap “liquidity pools” and algorithms set market prices (as opposed to order books, which match bids and asks on a centralized exchange like Coinbase) based on supply and demand.What is apecoin Dao?
ApeCoin is the ecosystem’s governance token, allowing ApeCoin holders to participate in ApeCoin DAO. ApeCoin is the ecosystem’s utility token, giving all its participants a shared and open currency that can be used without centralized intermediaries.