I'm interested in understanding how
APE staking functions. Could someone explain the process and its mechanics to me?
6 answers
Ilaria
Mon Dec 02 2024
These staking pools are managed by other users who have the expertise and resources to maintain them.
Martino
Mon Dec 02 2024
Alternatively, APE holders can run their own staking pool.
CryptoTitanGuard
Mon Dec 02 2024
APE holders have the opportunity to earn rewards through various methods.
Lorenzo
Mon Dec 02 2024
The consensus mechanism employed by ApeCoin is known as the Ouroboros protocol.
LightWaveMystic
Mon Dec 02 2024
This protocol relies on delegators and Stake Pool Operators (SPO) to function effectively.