The Mothership DAO (Gray Boys)

Author: Patel

14.05 ETH is determined with an ETH price of $1189 and an $APE price of $4.07.

Currently our DAO wallet holds a BAYC which allows us to participate in the ApeCoin staking! BAYC asset gives us exclusive access to the BAYC APE staking pool. The initial APY (subject to change on various factors) is about 335.2%. In order to get max rewards which is determined by total staked, and size of the BAYC pool we could yield roughly 33,550 $APE.

10,000 staked APE * 335.2 APY = 33,550 $APE by the end of year 1. This is a HUGE opportunity for the DAO to participate in a high yield pool and grow the DAO funds for long term.

With the current squeeze on APE demand, and expected Yuga announcements in December, we can confidently expect $APE to rise in price from the current price. However not guaranteed.

Investing in this now means later, we can target more nfts or other high value nfts.

Remember we can claim rewards at any time, and can withdraw and close the position at any time! No risk aside from having to hold a portion of our ETH as $APE.

Analytics : https://dune.com/ponzidope/apecoin-staking-apy ApeCoinDAO: https://apecoin.com/about Twitter Thread on Ape staking: https://twitter.com/withoutnameNFT/status/1596508138072571906?s=20&t=lrhU0oSuSIiWzSUpeLgvrA