Can the Collaboration between Bored Apes and Arbitrum Launch a Native Yield Chain Ape Chain to Rejuvenate BAYCs Greatness
After experiencing many ups and downs, the well-known NFT project Bored Ape Yacht Club (BAYC) has finally announced the launch of its own Ape Chain. It is understood that BAYC is developed using Arbitrum Orbit, instead of the OP Stack chosen by many other large project teams. The highlight of this launch is that users can enjoy automatic earnings on Ape Chain without the need for collateral when cross-chain assets to it. Since its launch, Ape Chain has generated over 360,000 transactions in a short period of time. It has also caught the meme trend, with the market capitalization of APE token reaching over 14 million US dollars, and the largest profit earner gaining over 13 times profit.