The much anticipated ApeCoin (APE) staking is finally live, but does it mean this is the end of the APE rally?
Horizon Labs announced that the pre-commitment period of the APE staking is live at apestake.io. Users will be able to accrue staking rewards from Dec. 12 onward.
Within the first 12 hours, the staking contract has over $16 million in total value locked, according to Etherscan.
Source: https://beincrypto.com/apecoin-staking-goes-live-end-ape-rally/