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.
🔥 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.*
Three Major NFT Communities Join Otherside Metaverse on ApeChain
**Otherside expands its ecosystem** by welcoming three established NFT communities to ApeChain this week. The new additions include: - **0n1Force** - established digital collectibles community - **Quirkies NFT** - proven cultural contributors - **Good Vibes Club** - long-standing community builders These communities have **demonstrated their cultural impact** through years of consistent building and engagement in the web3 space. The integration represents Otherside's continued strategy to **onboard crypto-native intellectual property** and established communities to its metaverse platform. **ApeChain serves as the foundation** for these community migrations, providing the infrastructure for established web3 brands to expand their presence in the metaverse ecosystem.
DrinkDrankDunk Final Leaderboards Now Live with Expanded Competition View
The **final leaderboards** for DrinkDrankDunk are now available for viewing. Key updates include: - Complete final standings accessible at [drinkdrankdunk.com/leaderboard](https://www.drinkdrankdunk.com/leaderboard) - **Expanded leaderboard format** allowing users to scroll through all competitors - Enhanced competition tracking features The expanded view provides better visibility into player rankings and performance across the platform. *Check your final position and see how you stacked up against the competition.*
🎯 Drink Drank Dunk Winners Announced
**Community Leaderboard Results** Top three communities claimed their rewards: - @NightGlyders (1st place) - @ApeAlphaDogs (2nd place) - @Froglings (3rd place) These communities **shared 18K $APE** in total sweeps. **Individual Winners** Top dunkers earned Geez NFTs: - @TOPGUNS__82 - @shua_pe - @oslopraiz **What's Next** The announcement hints at a "Naughty List" with *trouble brewing*, suggesting upcoming developments in the Drink Drank Dunk game. This gaming initiative continues ApeCo's partnership with various NFT communities, rewarding active participation with $APE tokens and NFT prizes.
ApeCo Partners with ChimpersHQ for ApeChain Dojo Competition with 18K APE Prizes
**ApeCo strengthens partnership with ChimpersHQ** for The Dojo competition on ApeChain. **Community Leaderboard Rewards:** - 1st place: 10,000 APE - 2nd place: 5,000 APE - 3rd place: 3,000 APE **Individual Competition:** Top 3 dunkers with most dunks win exclusive NFTs from @GobsOnApe or @GeezOnApe collections. Participate at [drinkdrankdunk.com](https://www.drinkdrankdunk.com/)