ApeCo Partners with HyperDrive for APE-Backed USDC Borrowing
ApeCo Partners with HyperDrive for APE-Backed USDC Borrowing
🦍 APE Borrowing Unlocked
ApeCo has partnered with HyperDrive to enable users to borrow USDC using their $APE tokens as collateral.
Key features:
- Deposit $APE tokens to borrow USDC
- Farm additional points across HyperEVM
- Access to Hyperliquid ecosystem
This partnership expands lending options for APE holders, allowing them to maintain their token positions while accessing liquidity. Users can leverage their APE holdings to participate in DeFi activities across the Hyperliquid platform.
The integration builds on ApeCo's existing lending infrastructure, which previously offered USDC lending pools with competitive rates on BNB Chain.
Barry, Bella, and New GOAT Avatar Now Playable in Otherside
**New Avatars Arrive in Otherside** Three new playable characters have been added to Otherside: - Barry and Bella from @bearish_af - A new avatar from @the_G_O_A_T_s Holders can now equip these avatars in-game by accessing the Avatars tab. This expansion continues Otherside's trend of integrating characters from various crypto communities, following previous additions from Killabears, Stuck, Smiths, Hoodlums, and Trenchtown NFT collections.
Bored Ape Yacht Club Launches Digital Marketplace on ApeChain
The Bored Ape Yacht Club has opened a digital marketplace where users can purchase apparel, collectibles, art, and unique items from club members using $APE tokens on ApeChain. **Key Features:** - Transactions conducted exclusively with $APE on ApeChain - P2P dashboard access for buying and bidding - Open to all users - BAYC or MAYC ownership not required **Community Development:** A community member has developed a free wardrobe app allowing Ape holders to customize their NFTs without artistic skills. The tool features hand-drawn art and real-time layer separation, with integration into the main BAYC site being proposed. The marketplace represents another step in building community-driven infrastructure around the APE ecosystem.
Otherside Launches Creator Tools and Player-Made Hunts in Season 2
**Otherside** has released two major updates for creators and players: - **OS Vibe Builder** is now live, giving creators new tools to build within the Otherside metaverse - **Blackbeard's Bounty Season 2** introduces **Create-A-Hunt mode**, allowing players to design and submit their own treasure hunts from March 4-15 Unlike Season 1, there are no public ranked leaderboards this season. Player-submitted hunts will be approved within 24 hours and appear throughout the season. Stats remain visible to track participation across different hunts.
Blackbeard's Bounty Season 2 Lets Players Design Custom Hunts in Otherside
**Blackbeard's Bounty** returns to Otherside with a new player-driven feature. **How it works:** - Players select a Hunt and follow clues to mint KodaCam photos - Season 2 introduces **Create-a-Hunt** mode - Each player can design one custom Hunt for the community - Hunts can be pledged to specific NFT communities, or left open for any Hunter to claim The feature launched March 4-15, alongside the new OS Vibe Builder tool for creators. Players can now shape the treasure hunt experience for others in the metaverse.
🔥 ApeCoin Burns All ApeChain Gas Fees
**ApeCoin introduces major tokenomics change** with all $APE used for ApeChain gas fees now being **permanently burned**. Key details: - Burns include **all fees since ApeChain's launch** - Token burns will **accelerate as Otherside grows** - Part of ApeCoin's focus on creating a sustainable **economic loop** This deflationary mechanism could reduce $APE supply over time as network usage increases. The move represents a significant shift in ApeCoin's monetary policy, potentially impacting token value through supply reduction. *Monitor ApeChain activity to track burn rates.*