ApeX NFT Minting and Rules

ApeX Dex
2 min readMar 8, 2022

First Stage

The public sale of ApeX NFTs runs from 8AM UTC on March 8, 2022 to 8AM UTC on March 11, 2022.

During this period, simply head to https://app.apex.exchange/nft and connect your wallet to start minting ApeX Predators NFTs. Once done, you may proceed to view your ApeX NFTs on OpenSea.

  1. ApeX Predators NFTs sold during this round will be priced at 0.45 ETH each, with a total supply of 4,560.
  2. Holders of ApeX Predators NFTs will be entitled to 3,000 $APEX each and a lifetime 8% cashback on fees when trading on the ApeX Protocol.
  3. Each wallet address can have multiple ApeX Predators NFTs minted.
  4. Whitelisted users are guaranteed to have one ApeX Predators NFT minted. The whitelisting period refers to the first eight hours after the public sale starts. Holders of ApeX Predators NFTs can view and trade their NFTs on OpenSea.

Second Stage

The official start time of the ApeX NFT Game will be announced later. Follow us on Twitter to stay updated!

  1. Holders of ApeX Predators NFTs will be auto enrolled in the ApeX NFT Game and are entitled to a locked bonus reward of 1,500 $APEX each, which will be unlocked linearly within six months. Once the game starts, you may burn your NFTs anytime to claim the $APEX rewards.
  2. The portion of your 1,500 $APEX that’s yet to be unlocked will be shared by other NFT holders.
  3. The no. of $APEX you can claim for each NFT burned = [3,000 $APEX + 60% * ( bonus pool / no. of users who haven’t burned their NFTs yet + unlocked portion of the 1,500 $APEX)]
  4. The longer your NFT holding period, the more rewards you can grab!

After ApeX NFT Game Ends

Once the ApeX NFT Game completes, the linear release of the locked rewards and the bonus pool will also end. Holders of ApeX Predators NFTs can still choose to trade, hold, or burn their NFTs in OpenSea to claim the $APEX tokens.

About $APEX

$APEX is the native token of ApeX — a decentralized, permissionless, non-custodial and censorship-resistant protocol that facilitates the creation of perpetual swap markets for any token pairs. The total supply of $APEX is capped at 1,000,000,000, and it serves the following utilities: governance, protocol incentives, and staking.

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ApeX Dex

ApeX is a decentralized and non-custodial derivatives protocol that facilitates the creation of perpetual swap markets for any token pair. https://apex.exchange