ApeStake

**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.*

**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.

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.*

**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 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/)

**APE token** has officially launched liquidity pools on the **Monad blockchain** through PancakeSwap integration. Key developments: - New $APE liquidity pools now live on Monad - Available through PancakeSwap decentralized exchange - Expands APE's multi-chain presence beyond Ethereum This launch gives APE holders access to Monad's faster transaction speeds and lower fees. The integration supports APE's mission as a **community-controlled token** for cultural initiatives in web3. Traders can now swap APE tokens directly on Monad through [PancakeSwap's interface](https://pancakeswap.finance/info/v3/monad/tokens/0x6a7e3f839382fbb6a6131d4aae864aaeb362292d).

**ApeChain continues Formula 1 partnership** for the second consecutive year during Las Vegas Race Week. - Alpine F1 Team drivers Pierre Gasly and Franco Colapinto will display the **ApeChain gorilla logo** prominently on their racing jerseys - Partnership showcases web3 branding in mainstream motorsports - Fan merchandise available featuring the same gorilla design worn by drivers The collaboration demonstrates ApeChain's commitment to **cultural initiatives** beyond traditional crypto spaces, leveraging F1's global audience to promote blockchain adoption. [Shop the jersey](https://store.alpinef1.com/en/products/ape-coin-x-alpine-t-shirt)

**HellyHustle** gaming event continues with Day 2 flights now active. **Current Leaders:** - @BountyHunterNFT - @nightglyders - @Prime8sAPE These three communities secured top positions on Day 1. **Key Details:** - Excess Helly Coins can be exchanged 1:1 for community points on final day - Day 2 flights are live and ready for participation - Event appears to be a multi-day competition between NFT communities Participants can now continue competing in the helicopter-themed challenge.

**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.

**Minting phase officially closed** for ApeChain's Wheel of Fate game on August 23rd at 10AM EST. **Game continues until August 31st** - players can still spin the wheel for prizes even though new minting has stopped. - Final opportunity to participate in the fate-based reward system - Wheel remains active for existing participants - Game mechanics shift from minting to pure spinning phase **Key dates:** - Minting: Ended August 23rd - Final spins: Until August 31st Participants who secured Wheel of Fate Balls during the minting period can continue playing until the end of August. The game transitions from acquisition phase to final reward distribution. [Play the Wheel of Fate](https://wheeloffate.apechain.com/)