♻️AutoStaking Feature

The Ape AutoStake feature is a simple yet cutting-edge function called Buy-Hold-Earn, that provides the ultimate ease of use for $LUNAPE holders. Buy-Hold-Earn - By simply buying $LUNAPE and holding the token in your wallet, you earn rebase rewards directly into your wallet. Your tokens will increase every 30 minutes. Using a Positive Rebase formula, Luna Ape makes it possible for daily token distribution directly proportional to the daily rebase rewards, worth 2.1% of the total amount of tokens a $LUNAPE token held in your wallet. The rebase rewards are distributed on each epoch (rebase period) to all $LUNAPE holders. This means that without moving their tokens from their wallet, Luna Ape holders receive an annual compound interest of 200,000%.

But what are rebase rewards?

A Rebase Token is one whose circulating supply expands or contracts due to changes in the token price. This increase or decrease in supply works with a mechanism called rebasing. When a rebase occurs, the supply of the token is increased or decreased algorithmically, based on the current price of each token.

Ape takes advantage of a positive rebase formula which increases the token supply allowing $LUNAPE holders to keep growing their tokens, like in a traditional staking protocol. However our use of a rebasing token eliminates the need to approve and traditionally stake your tokens.

The positive rebase is backed by an RFV which is ensured and supported by the token’s buy and sell fees.