{"id":2108,"date":"2022-12-26T10:22:32","date_gmt":"2022-12-26T10:22:32","guid":{"rendered":"https:\/\/nft.runfyers.com\/index.php\/2022\/12\/26\/binance-limits-bored-ape-staking-after-high-demand\/"},"modified":"2022-12-26T10:22:32","modified_gmt":"2022-12-26T10:22:32","slug":"binance-limits-bored-ape-staking-after-high-demand","status":"publish","type":"post","link":"https:\/\/nft.runfyers.com\/index.php\/2022\/12\/26\/binance-limits-bored-ape-staking-after-high-demand\/","title":{"rendered":"Binance Limits Bored Ape Staking After High Demand"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Binance Bored Ape staking has now been limited, due to high demand. Bored Ape Yacht Club (BAYC) NFTs lead the volume in bought, sold, and traded collections on the Binance NFT marketplace. The staking of BAYC NFTs allows users to earn rewards in the form of Ape Coin (APE) for holding and supporting the NFTs.<\/p>\n<p><picture decoding=\"async\" class=\"aligncenter wp-image-88417 size-full\"><source type=\"image\/webp\" data-lazy-srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2022\/12\/BAYC-1-scaled.jpg.webp 1200w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/12\/BAYC-1-300x168.jpg.webp 300w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/12\/BAYC-1-768x431.jpg.webp 768w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/12\/BAYC-1-100x56.jpg.webp 100w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/12\/BAYC-1-150x84.jpg.webp 150w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/12\/BAYC-1-450x253.jpg.webp 450w\" srcset=\"data:image\/svg+xml,%3Csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20viewBox='0%200%201200%20674'%3E%3C\/svg%3E\" data-lazy-sizes=\"(max-width: 1200px) 100vw, 1200px\"\/>\n<\/picture><\/p>\n<p><noscript><picture decoding=\"async\" class=\"aligncenter wp-image-88417 size-full\"><source type=\"image\/webp\" srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2022\/12\/BAYC-1-scaled.jpg.webp 1200w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/12\/BAYC-1-300x168.jpg.webp 300w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/12\/BAYC-1-768x431.jpg.webp 768w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/12\/BAYC-1-100x56.jpg.webp 100w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/12\/BAYC-1-150x84.jpg.webp 150w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/12\/BAYC-1-450x253.jpg.webp 450w\" sizes=\"(max-width: 1200px) 100vw, 1200px\"\/><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/nftevening.com\/wp-content\/uploads\/2022\/12\/BAYC-1-scaled.jpg\" alt=\"Bored Ape Yacht Club (BAYC) is a blue chip NFT collection on the ethereum blockchain.\" width=\"1200\" height=\"674\" srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2022\/12\/BAYC-1-scaled.jpg 1200w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/12\/BAYC-1-300x168.jpg 300w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/12\/BAYC-1-1024x575.jpg 1024w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/12\/BAYC-1-768x431.jpg 768w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/12\/BAYC-1-100x56.jpg 100w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/12\/BAYC-1-150x84.jpg 150w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/12\/BAYC-1-450x253.jpg 450w\" sizes=\"(max-width: 1200px) 100vw, 1200px\"\/>\n<\/picture>\n<\/noscript><\/p>\n<h2><span id=\"What_NFTs_does_the_Binance_Bored_Ape_staking_program_include\">What NFTs does the Binance Bored Ape staking program include?<\/span><\/h2>\n<p>This limit on the Binance Bored Ape staking program affects three of Yuga Labs most famous collections: Bored Ape Yacht Club (BAYC), <a href=\"https:\/\/boredapeyachtclub.com\/#\/mayc\" target=\"_blank\" rel=\"noopener\">Mutant Ape Yacht Club (MAYC)<\/a> and Bored Ape Kennel Club (BAKC). Binance NFT limited the staking to a maximum of 3 NFTs per user, after experiencing high demand and surprising staking rewards. The high demand put a strain on the Binance NFT platform, causing delays and technical issues. Binance claims to focus on ensuring a smooth and stable experience for all users with this update.<\/p>\n<p>To stake NFTs on Binance NFT, users must hold the corresponding NFT on their official account. They then choose to stake their NFTs in the \u201cStaking\u201d section of the Binance NFT platform. Consequently, these staked NFTs create rewards in Ape Coin.<\/p>\n<figure id=\"attachment_88415\" aria-describedby=\"caption-attachment-88415\" style=\"width: 596px\" class=\"wp-caption aligncenter\"><picture decoding=\"async\" class=\"wp-image-88415 size-full\"><source type=\"image\/webp\" data-lazy-srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2022\/12\/Announcement-3.jpg.webp 596w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/12\/Announcement-3-207x300.jpg.webp 207w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/12\/Announcement-3-39x56.jpg.webp 39w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/12\/Announcement-3-150x218.jpg.webp 150w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/12\/Announcement-3-450x653.jpg.webp 450w\" srcset=\"data:image\/svg+xml,%3Csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20viewBox='0%200%20596%20865'%3E%3C\/svg%3E\" data-lazy-sizes=\"(max-width: 596px) 100vw, 596px\"\/><img loading=\"lazy\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20viewBox='0%200%20596%20865'%3E%3C\/svg%3E\" alt=\"Binance NFT official announcement regarding the limit for Binance Bored Ape staking program.\" width=\"596\" height=\"865\" data-lazy-srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2022\/12\/Announcement-3.jpg 596w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/12\/Announcement-3-207x300.jpg 207w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/12\/Announcement-3-39x56.jpg 39w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/12\/Announcement-3-150x218.jpg 150w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/12\/Announcement-3-450x653.jpg 450w\" data-lazy-sizes=\"(max-width: 596px) 100vw, 596px\" data-lazy-src=\"https:\/\/nftevening.com\/wp-content\/uploads\/2022\/12\/Announcement-3.jpg\"\/>\n<\/picture>\n<noscript><picture decoding=\"async\" class=\"wp-image-88415 size-full\"><source type=\"image\/webp\" srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2022\/12\/Announcement-3.jpg.webp 596w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/12\/Announcement-3-207x300.jpg.webp 207w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/12\/Announcement-3-39x56.jpg.webp 39w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/12\/Announcement-3-150x218.jpg.webp 150w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/12\/Announcement-3-450x653.jpg.webp 450w\" sizes=\"(max-width: 596px) 100vw, 596px\"\/><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/nftevening.com\/wp-content\/uploads\/2022\/12\/Announcement-3.jpg\" alt=\"Binance NFT official announcement regarding the limit for Binance Bored Ape staking program.\" width=\"596\" height=\"865\" srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2022\/12\/Announcement-3.jpg 596w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/12\/Announcement-3-207x300.jpg 207w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/12\/Announcement-3-39x56.jpg 39w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/12\/Announcement-3-150x218.jpg 150w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/12\/Announcement-3-450x653.jpg 450w\" sizes=\"(max-width: 596px) 100vw, 596px\"\/>\n<\/picture>\n<\/noscript><figcaption id=\"caption-attachment-88415\" class=\"wp-caption-text\">Binance NFT announced the limit on the official Twitter. <br \/>Image Credit: Binance NFT<\/figcaption><\/figure>\n<h2><span id=\"What_is_Binance_NFT\">What is Binance NFT?<\/span><\/h2>\n<p>An NFT marketplace that allows users to buy, sell, and trade NFTs. These unique digital assets and cannot be replicated or exchanged for other assets. They represent ownership of digital collectibles, such as art, music, and gaming items.<\/p>\n<p>In addition to <a href=\"https:\/\/nftevening.com\/bored-ape-yacht-club-the-avatar-collectibles-with-the-biggest-community\/\" target=\"_blank\" rel=\"noopener\">Bored Ape Yacht Club<\/a> NFTs, Binance NFT also allows users to trade hundreds of NFT collections. These include NFTs from popular projects like Pudgy Penguins, Doodles, and Azuki.<\/p>\n<p>In conclusion, Binance Bored Ape staking drove incredible demand to the platform. Binance NFT limiting the Bored Ape staking proves once again the importance of the Yuga Labs collection in the space. A surprising turn from the leading NFT marketplace makes some collectors reevaluate the decision of staking their BAYC NFTs from now on.<\/p>\n<div class=\"bottom-text__subscribe\">\n<div id=\"mlb2-5802138\" class=\"ml-form-embedContainer ml-subscribe-form ml-subscribe-form-5802138\">\n<div class=\"ml-form-align-center\">\n<div class=\"ml-form-embedWrapper embedForm\">\n<div class=\"ml-form-embedBody ml-form-embedBodyHorizontal row-form\">\n<div class=\"ml-form-embedContent\" style=\"\">\n<h4><span id=\"Join_Our_New_To_The_Moon_daily_Newsletter\">Join Our New &#8220;To The Moon&#8221; daily Newsletter<\/span><\/h4>\n<p>Get our free, 5 minutes daily newsletter. Join 25,000+ NFT enthusiasts &amp; stay on top \ud83d\udc4a\ud83c\udf1a<\/p>\n<\/div>\n<\/div>\n<div class=\"ml-form-successBody row-success\" style=\"display:none\">\n<div class=\"ml-form-successContent\">\n<h4><span id=\"Thank_you\">Thank you!<\/span><\/h4>\n<p>You have successfully joined our subscriber list.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><img loading=\"lazy\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" width=\"1\" height=\"1\" style=\"max-width:1px;max-height:1px;visibility:hidden;padding:0;margin:0;display:block\" alt=\".\" border=\"0\" data-lazy-src=\"https:\/\/track.mailerlite.com\/webforms\/o\/5802138\/c5t4g8?v1668587371\"\/><noscript><img loading=\"lazy\" src=\"https:\/\/track.mailerlite.com\/webforms\/o\/5802138\/c5t4g8?v1668587371\" width=\"1\" height=\"1\" style=\"max-width:1px;max-height:1px;visibility:hidden;padding:0;margin:0;display:block\" alt=\".\" border=\"0\"\/><\/noscript><\/p>\n<div class=\"bottom-text__wrapper post-content\">\n<p>\u00a0<\/p>\n<hr\/>\n<p><em>All investment\/financial opinions expressed by NFTevening.com are not recommendations.<\/em><\/p>\n<p><em>This article is educational material.<\/em><\/p>\n<p><em>As always, make your own research prior to making any kind of investment.<\/em><\/p>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/nftevening.com\/binance-limits-bored-ape-staking-after-high-demand\/\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Binance Bored Ape staking has now been limited, due to high demand. Bored Ape Yacht Club (BAYC) NFTs lead the volume in bought, sold, and traded collections on the Binance NFT marketplace. The staking of BAYC NFTs allows users to earn rewards in the form of Ape Coin (APE) for holding and supporting the NFTs. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2109,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[9],"tags":[21],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/nftevening.com\/wp-content\/uploads\/2022\/12\/BAYC-1-scaled.jpg","jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/2108"}],"collection":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/comments?post=2108"}],"version-history":[{"count":0,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/2108\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/media\/2109"}],"wp:attachment":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/media?parent=2108"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/categories?post=2108"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/tags?post=2108"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}