Yat Siu, CEO of Animoca Brands and a pioneer in the Web3 industry, gave a rough calendar defining ApeCoin’s and the community’s existing staking limits. The operation is split into three and a half months, as shown in the graph below. The graph also shows the estimated completion dates for each phase, as well as the money split among the team.
APEcoin is gaining traction
The most recent proposal comes fewer than two weeks after $Ape investors rejected proposals 4 and 5. While the concept seems to be more manageable for the community, many people consider the 14-week method is overkill in contrast to the more practical options that are presently available. However, given Animoca’s history, the team will devote as much time as necessary to provide a useful product to their community. Yat Siu’s timeline also contained a drawing of the UI interface. While the UI interface might take up to three months to create, it will be deployed with the staking capability.
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