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IIP-19

Launch Staking Flash Pool for ApeCoin Token

  • Date PublishedMar 27, 2022
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Author

SynthaMan

Simple Summary

Illuvium Flash Pool is a great tool for marketing and onboarding new players from strong communities. Newly launched ApeCoin is a great target for such marketing.

Abstract

Unpause flash pool launches and offer BAYC/MAYC NFT holders to stake their ApeCoin in the Illuvium flashpool.

Overview

There are currently 39,778 holders of ApeCoin. Illuvium flash pool can be used to target these holders and allow them to stake their tokens, thus introducing them to Illuvium game.

Rationale

Substantial progress was made in developing Illuvium since the last time flash pool was used. Launch of Staking V2 and upcoming Land Sale, Private Beta and upcoming Public Beta are the major events happening now. By allowing BAYC/MAYC NFT holders to stake their ApeCoin, we will greatly increase the visibility into these events and bring new customers. ApeCoin hoders are currenly waiting for native staking, which will take anywhere from 16 to 20 weeks. Creating flash pool for them in the meantime will greatly increase the hype and anticipation rigth before the launch of Land Sale and Public Beta, which in turn will increase the amount paying customers and land owners.

Test Cases

N/A.

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IIP-19 Launch Staking Flash Pool - ApeCoin | Illuvium Portal