TechFlow, on December 26, Binance NFT announced that due to high demand, new stakers are currently limited to staking only three Ape NFTs in the Ape NFT Staking Program. The surge in demand has placed pressure on the Binance NFT platform, causing delays and technical issues. Binance stated that limiting the staking amount will ensure a smooth and stable staking experience for all users. According to data from the APE staking contract address, the total amount of APE staked has exceeded 85 million tokens, worth approximately $304 million.
Previously, Binance NFT Market announced it would launch the Ape NFT Staking Program on December 12, 2022, allowing users to stake Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) NFTs to earn daily ApeCoin (APE) rewards.Original link
