Holders of ApeCoin (APE), the newly launched governance and utility token of the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) ecosystem, can now for the first time earn a yield. Yield for ApeCoin holders will be made available through the crypto lending and borrowing platform Nexo (NEXO), with returns ranging from 7% to 12% annually, an announcement from the company said on Tuesday. Nexo’s announcement said that,...Read More: One Week After Launch, ApeCoin Is Now a Yield-Bearing Asset As Nexo Adds 'Full-Fledged APE Wallet'
