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If you’ve ever wondered about people trying to unleash the power of NFTs, consider the following reaction. binanceBored Ape staking program.Last week, Binance rolled out a new program that allows users to wager on certain assets. Yuga Lab Umbrellas in exchange for APE coins.
Now, just a week later, Binance is limit The number of assets a single user can stake due to high demand.
According to Binance’s official statement on December 20, 2022, users can only stake up to 3 Ape NFTs each.
Apes Staking Update
Due to high demand, the Ape NFT staking program is limited to staking 3 Ape NFTs for each new staking user.
When you reach your staking limit, you will receive an error message.
“Staking Failed: Please note that you have exceeded your maximum staking limit.”
Binance NFT (@TheBinanceNFT) December 20, 2022
Since the program launched, Ape NFT holders have flocked to stake their assets, resulting in a further decrease in APR for various staking periods. Given the relatively low risk of staking, it’s no surprise that so many consumers want to lock their assets. Unfortunately, he has to make do with only three assets that can be wagered at once.
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*All investment/financial opinions expressed by NFT PLAZA are based on the personal research and experience of the site moderators and are intended for educational material only. , the product should be thoroughly investigated.
Tokoni Uti has written extensively on blockchain and cryptocurrencies over the years. Her work has been featured on sites such as BTCmanager and Blockchain Reporter. She has a degree in Corporate Communications.
