{"id":2938,"date":"2024-03-09T17:25:40","date_gmt":"2024-03-09T17:25:40","guid":{"rendered":"https:\/\/usecyan.com\/articles\/?p=2938"},"modified":"2024-03-31T12:10:27","modified_gmt":"2024-03-31T12:10:27","slug":"how-much-can-i-earn-with-ape-nft-staking","status":"publish","type":"post","link":"https:\/\/usecyan.com\/articles\/how-much-can-i-earn-with-ape-nft-staking\/","title":{"rendered":"How Much Can I Earn With Ape NFT Staking in 2024?"},"content":{"rendered":"\n<p>Cyan lets users earn as much as 80% in yearly yields with your Ape NFT Staking. This amount varies from time to time, but anyone can quickly check the latest APY yields at our <a href=\"https:\/\/usecyan.com\/ape-coin\">Ape Staking page<\/a>.<\/p>\n\n\n\n<p>There are two different methods of earning from NFTs on <a href=\"https:\/\/usecyan.com\">Cyan<\/a>. <\/p>\n\n\n\n<ul>\n<li>Auto-Compound Staking<\/li>\n\n\n\n<li>Free Yield Staking<\/li>\n<\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img data-dominant-color=\"161b1f\" data-has-transparency=\"false\" style=\"--dominant-color: #161b1f;\" loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"640\" src=\"https:\/\/usecyan.com\/articles\/wp-content\/uploads\/2024\/02\/Staking-NFTs-to-Get-Apecoin-Rewards-1024x640.webp\" alt=\"Staking NFTs to Get Free ApeCoin Rewards\" class=\"not-transparent wp-image-2905\" srcset=\"https:\/\/usecyan.com\/articles\/wp-content\/uploads\/2024\/02\/Staking-NFTs-to-Get-Apecoin-Rewards-1024x640.webp 1024w, https:\/\/usecyan.com\/articles\/wp-content\/uploads\/2024\/02\/Staking-NFTs-to-Get-Apecoin-Rewards-300x188.webp 300w, https:\/\/usecyan.com\/articles\/wp-content\/uploads\/2024\/02\/Staking-NFTs-to-Get-Apecoin-Rewards-768x480.webp 768w, https:\/\/usecyan.com\/articles\/wp-content\/uploads\/2024\/02\/Staking-NFTs-to-Get-Apecoin-Rewards-1536x960.webp 1536w, https:\/\/usecyan.com\/articles\/wp-content\/uploads\/2024\/02\/Staking-NFTs-to-Get-Apecoin-Rewards-jpg.webp 1920w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\"><strong><em>Staking NFTs to Get Free ApeCoin Rewards<\/em><\/strong><\/figcaption><\/figure><\/div>\n\n\n<div class=\"wp-block-rank-math-toc-block\" id=\"rank-math-toc\" id=\"rank-math-toc\"><h2>Table of Contents<\/h2><nav><ul><li ><a href=\"#understanding-ape-staking\">Understanding Ape Staking<\/a><\/li><li ><a href=\"#factors-influencing-ape-nft-staking-yields\">Factors Influencing Ape NFT Staking Yields<\/a><ul><li ><a href=\"#market-prices\">Market Prices<\/a><\/li><li ><a href=\"#staking-duration\">Staking Duration<\/a><\/li><li ><a href=\"#value-of-nft\">Value of NFT<\/a><\/li><li ><a href=\"#community-engagements\">Community Engagements<\/a><\/li><\/ul><\/li><li ><a href=\"#risks-and-considerations-of-ape-nft-staking\">Risks and Considerations of Ape NFT Staking<\/a><\/li><li ><a href=\"#why-cyan-is-the-easiest-and-best-way-to-stake-ape-nf-ts\">Why Cyan is the Easiest and Best Way to Stake Ape NFTs?<\/a><\/li><\/ul><\/nav><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"understanding-ape-staking\">Understanding Ape Staking<\/h2>\n\n\n\n<p>Yuga Labs and its Bored Ape NFT collection has been one of the top most valuable NFT collections in the world. The value of NFTs in these collections are in millions. Hence, these NFTs are often used as collateral in loans and for staking.<\/p>\n\n\n\n<p>With staking, the NFTs allow users to earn some free crypto in return for locking their NFTs which can either be locked up in their own wallet or on a staking pool.<\/p>\n\n\n\n<p>Currently, there are four kinds of staking pools available for NFTs and crypto(ApeCoin) Yuga Labs.<\/p>\n\n\n\n<ul>\n<li>ApeCoin Staking yields you about 30% in <a href=\"https:\/\/usecyan.com\">Cyan <\/a>(see <a href=\"https:\/\/usecyan.com\/ape-coin\">latest rates<\/a> here).<\/li>\n\n\n\n<li>Bored Ape can be staked in two ways.\n<ul>\n<li><strong>To maximize yield<\/strong>, where NFT has to be transferred to your Cyan Account.<\/li>\n\n\n\n<li><strong>To retain governance rights<\/strong>, which lets you vote in governance to earn additional ApeCoins.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>Mutant Ape Staking, same staking methods as above.<\/li>\n\n\n\n<li>Staking BAKC NFT with another Ape NFT is necessary because BAKC cannot be staked alone.<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-large\"><img data-dominant-color=\"0f161b\" data-has-transparency=\"true\" style=\"--dominant-color: #0f161b;\" loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"488\" src=\"https:\/\/usecyan.com\/articles\/wp-content\/uploads\/2024\/03\/image-3-1024x488.png\" alt=\"Ape NFT Staking Page on Cyan\" class=\"has-transparency wp-image-2967\" srcset=\"https:\/\/usecyan.com\/articles\/wp-content\/uploads\/2024\/03\/image-3-1024x488.png 1024w, https:\/\/usecyan.com\/articles\/wp-content\/uploads\/2024\/03\/image-3-300x143.png 300w, https:\/\/usecyan.com\/articles\/wp-content\/uploads\/2024\/03\/image-3-768x366.png 768w, https:\/\/usecyan.com\/articles\/wp-content\/uploads\/2024\/03\/image-3.png 1262w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Ape Staking Page on Cyan<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"factors-influencing-ape-nft-staking-yields\">Factors Influencing Ape NFT Staking Yields<\/h2>\n\n\n\n<p>There are several factors that impact the rewards you get for your Ape NFT Staking. Some of them have been listed below.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"market-prices\">Market Prices<\/h3>\n\n\n\n<p>As NFT markets get highly volatile during different market phases, they tend to price these NFTs differently. During the worst phase of the <a href=\"http:\/\/The Crypto Winter\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Crypto Winter<\/a>, several NFTs fell to one-tenth of their their former prices.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"staking-duration\">Staking Duration<\/h3>\n\n\n\n<p>Obviously, the longer you stake, the higher will be your yield. <\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"value-of-nft\">Value of NFT<\/h3>\n\n\n\n<p>Top blue chip NFTs like BAYC, Pudgy Penguins, Crypto Punks and others have higher value and therefore staking pools offer higher yields for these NFTs.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"community-engagements\">Community Engagements<\/h3>\n\n\n\n<p>Projects with highly active NFT communities will have a higher yield because these communities transact more which generates more fees and hence more revenue. With this, there comes the ability to reward higher yields for those who stake.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"risks-and-considerations-of-ape-nft-staking\">Risks and Considerations of Ape NFT Staking<\/h2>\n\n\n\n<p>There are a few risks associated with staking be it any NFT from BAYC, MAYC or MAKC. This is because the value of NFTs are highly volatile. This causes a difference in protocol revenue (via fees) which ultimately changes the yield benefits.<\/p>\n\n\n\n<p>Another risk is that of protocol risk. Non-liquid protocols might get shut down or even rug pulled where you risk to lose your NFT or at least your staking yields.<\/p>\n\n\n\n<p>Clearly, that is never the risk with Cyan. We have been vetted by well known Security Auditors like Certik, InfoSec, 0xQuit and <a href=\"https:\/\/docs.usecyan.com\/docs\/security-audit\" target=\"_blank\" rel=\"noreferrer noopener\">several others<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"why-cyan-is-the-easiest-and-best-way-to-stake-ape-nf-ts\">Why Cyan is the Easiest and Best Way to Stake Ape NFTs?<\/h2>\n\n\n\n<p>Cyan is perhaps the easiest way to Stake NFTs. All you need to do is connect your wallet, choose the NFT which you want to stake, approve the transactions and you are ready.<\/p>\n\n\n\n<p>Further, being an NFT marketplace itself you can <strong><a href=\"https:\/\/usecyan.com\">buy<\/a> <\/strong>several top NFTs from Cyan. <strong><a href=\"https:\/\/usecyan.com\/articles\/how-to-buy-nfts-in-cyans-nft-marketplace\/\" data-type=\"post\" data-id=\"2585\">Here<\/a> <\/strong>is a short and meaningful guide on buying NFTs on Cyan.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img data-dominant-color=\"070a0b\" data-has-transparency=\"true\" style=\"--dominant-color: #070a0b;\" loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"396\" src=\"https:\/\/usecyan.com\/articles\/wp-content\/uploads\/2024\/02\/image-29-1024x396.png\" alt=\"Top 5 Art NFTs on CYAN.\" class=\"has-transparency wp-image-2879\" srcset=\"https:\/\/usecyan.com\/articles\/wp-content\/uploads\/2024\/02\/image-29-1024x396.png 1024w, https:\/\/usecyan.com\/articles\/wp-content\/uploads\/2024\/02\/image-29-300x116.png 300w, https:\/\/usecyan.com\/articles\/wp-content\/uploads\/2024\/02\/image-29-768x297.png 768w, https:\/\/usecyan.com\/articles\/wp-content\/uploads\/2024\/02\/image-29.png 1252w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\"><strong><em>Top NFTs on <a href=\"https:\/\/usecyan.com\" target=\"_blank\" rel=\"noreferrer noopener\">CYAN<\/a>.<\/em><\/strong><\/figcaption><\/figure><\/div>","protected":false},"excerpt":{"rendered":"<p>Cyan lets users earn as much as 80% in yearly yields. This amount varies from time to time, but anyone can quickly check the latest APY yields at usecyan.com.<\/p>\n","protected":false},"author":2,"featured_media":2995,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[83],"tags":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/usecyan.com\/articles\/wp-content\/uploads\/2024\/03\/Cyan-Ape-Staking-Front-Page-jpg.webp","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/usecyan.com\/articles\/wp-json\/wp\/v2\/posts\/2938"}],"collection":[{"href":"https:\/\/usecyan.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/usecyan.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/usecyan.com\/articles\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/usecyan.com\/articles\/wp-json\/wp\/v2\/comments?post=2938"}],"version-history":[{"count":4,"href":"https:\/\/usecyan.com\/articles\/wp-json\/wp\/v2\/posts\/2938\/revisions"}],"predecessor-version":[{"id":2996,"href":"https:\/\/usecyan.com\/articles\/wp-json\/wp\/v2\/posts\/2938\/revisions\/2996"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/usecyan.com\/articles\/wp-json\/wp\/v2\/media\/2995"}],"wp:attachment":[{"href":"https:\/\/usecyan.com\/articles\/wp-json\/wp\/v2\/media?parent=2938"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/usecyan.com\/articles\/wp-json\/wp\/v2\/categories?post=2938"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/usecyan.com\/articles\/wp-json\/wp\/v2\/tags?post=2938"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}