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Binance Stops BAYC and MAYC NFT Staking in 2025

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by Giorgi Kostiuk

4 hours ago

Binance has announced the termination of NFT staking for BAYC and MAYC collections on August 1, 2025. This decision is driven by the need to adjust the APE NFT staking mechanisms.

Changes in APE NFT Staking Mechanism

Starting from August 1, 2025, Binance NFT will stop offering staking for BAYC and MAYC NFTs. All staked NFTs will be automatically returned to users by August 3, 2025, after which they will no longer generate staking rewards.

Market Impact and Community Reactions

This change is expected to affect NFT liquidity, impacting approximately 10,000 users. Community reactions on platforms like Twitter show varied opinions, but no official commentary has been released by Binance and Yuga Labs.

ApeCoin Price Analysis and Market Trends

According to CoinMarketCap, as of the time of writing, the price of ApeCoin is $0.64, with a market cap of $483,159,610. The price has dropped by 2.25% in the last 24 hours but has risen by 20.52% over the past 90 days.

The end of BAYC and MAYC staking could lead to significant market changes for NFTs. The community awaits further actions from Binance and Yuga Labs.

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