Just Ape Studios: Navigating Towards a Sustainable Future — 11/16

Hey Apes!

Groovy here with todays update.

As Just Ape Studios continues on its own unique path, we felt it necessary to reinforce what our guiding purpose is.

With every step we take, we are focused on being sustainable long term.

To continue to drive community incentive, we must think about products that will allow Just Ape Studios continue to operate on the long term.

This crucial step is in perfect harmony with our guiding purpose:

“Creating engaging community experiences and robust blockchain solutions.”

We are committed to creating lasting value that resonates within our community and stakeholders.

By aligning adverse array of products and services with our guiding purpose, we ensure that every venture is not just profitable but also contributes meaningfully to the evolving Web3 ecosystem.

With that in mind, lets take a deeper dive into the granular details and get to updates.

ApeLend: A New Dawn in DeFi Lending

Our next deliverable we will be focusing on the next few months will be ApeLend — a pioneering lending protocol that seamlessly blends the versatility of digital assets with the robust security of blockchain technology.

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ApeLend will not just be a lending platform but a gateway to new financial possibilities.

Our intention unlock the liquidity of a diverse and wide array of digital assets in a secure, efficient, and user-friendly manner.

It will be more than a protocol, but rather an ecosystem where digital assets are not just stored but actively work for their owners.

$Banana Bucks: Rewarding User Engagement

$Banana Bucks will stand at the core of ApeLend’s user engagement strategy.

This unique reward system is designed to foster a more interactive and rewarding experience for ApeLend users.

The Role of $Banana Bucks:

• Incentivizing Participation: Users earn $Banana Bucks through various activities on the platform, including transaction volume, encouraging continuous engagement and interaction.
• Versatile Utility: These rewards will be able to be redeemed for various benefits on ApeLend, enhancing the overall user experience.
• Community Building: $Banana Bucks also play a vital role in strengthening our community, creating a sense of belonging and shared purpose among users.

How It Works:

ApeLend and the Future

ApeLend is more than a product; it’s a vision. We’re not just facilitating loans; we’re building a comprehensive ecosystem where digital assets can be leveraged in diverse ways.

As we began development and refine ApeLend, we remain committed to our mission of empowering our community through innovative blockchain solutions that span more than one chain.

Just Ape

UI Redesign: A Fresh Look with Enhanced Features

• We’re thrilled to announce that we’ve officially embarked on a comprehensive redesign of Just Ape’s Experience User Interface. This redesign is focused on creating a more intuitive, aesthetically pleasing, and user-friendly experience for our community.

• Rewards System: Along with the UI overhaul, we’re revisiting how both digital and tangible rewards are available to holders. Our priority offering a diverse range of incentives that resonate with our users’ varied interests and preferences.

Edge of NFT Podcast Appearance:

Our episode with Edge of NFT has been published! Check it out below.

Just Ape has been selected for the $BONK grant!

Just Ape has been selected for the $BONK grant!

The project reward pool total is currently 540 million $BONK.

For every Ape you stake, you are eligible to receive 15000 $BONK daily.

You must call back your Apes to be able to stake on the Anybodies site.

You cannot earn XP and $BONK at the same time.

BONUS: If enough holders stake, the reward pool will be increased in 30 days and then again in 60 days.

How to earn $BONK from staking:

1. Visit: https://anybodies.com/c/justape
2. Connect Wallet
3. Subscribe to the ‘$BONK Subscription’
4. Click which Apes you wish to earn rewards for
5. Confirm Fee
6. You can visit back at any time to claim your $BONK

XP System Overhaul: Your Effort, Your Rewards

• Revamped XP Mechanics: We’re transforming our XP system, turning it into a more dynamic and flexible rewards mechanism. This new system empowers our Apes to use their hard-earned XP in a way that best suits their preferences.
• Diverse Reward Options: Whether it’s exclusive digital content or unique physical merchandise, your XP will unlock a world of possibilities.

Season 2 Extension: More Time, More Opportunities

• With focus on ApeLend for the next few months, we’ve decided to extend Season 2. This extension provides our Apes with additional time to engage, explore, earn XP and earn rewards within the Just Ape ecosystem.
• This extension also pushes back Gen 2 and Season 3. We will do our best to keep you updated on exact timelines as they become available.

Forward Thinking: Bridging Just Ape and ApeLend

• XP and $Banana Bucks Integration: We’re exploring innovative ways to integrate Just Ape’s XP system with ApeLend’s $Banana Bucks. This potential synergy will allow you to convert your XP into $Banana Bucks, offering additional utility and flexibility in how you use your rewards.
• Strategic Options: Whether you choose to save your XP for future use or convert it into $Banana Bucks for immediate benefits on ApeLend, the power lies in your hands. We’re committed to providing you with choices that enhance your experience across our platforms and bring incentives back to you.

Just Tweet:

• Development Expansion: We are in the process of hiring a new developer to work on Just Tweet, as a means to focus on accelerate development.

Apes Across Worlds:

A Leap into Open-Source Innovation and Governance

PSP-34 Standard: Paving the Path

• Open-Source Contribution: We have officially dropped our first contribution on Aleph Zero — the PSP-34 standard smart-contract.
• View the repository below:

GitHub - Just-Ape-Studios/just-ape-studios-contracts: ink! Smart Contracts

Governance Platform: Empowering Community Decision-Making

• Final Touches: We are diligently adding the final touches to ApeVote. This platform is designed to be a cornerstone of our ecosystem, enabling community-driven decision-making and ensuring transparency and inclusivity.
• Launch Timeline: We’re thrilled to share that the launch of AAW is slated for the end of this year, coinciding with the launch of AAW. This marks a significant milestone in our journey towards democratic governance on Aleph Zero.

Welcoming New Talent: Expanding Our Development Team

• Ink! Developer on Board: To accelerate our development process and bring fresh perspectives to our projects, we’re excited to announce that we’re hiring a new ink! developer. This addition to our team signifies our commitment to doubling down on our expertise in smart contract development on Aleph Zero.

• Enhancing Our Technical Capabilities: The new ink! developer will play a pivotal role in refining our existing projects and driving innovation within AAW.

The Reborn:

The Reborn is undergoing a significant strategic shift to align with this ethos. Here’s a look at the latest developments:

Revisiting Mining Partnerships

• New Directions: Recent efforts to establish mining partnerships for The Reborn have not yielded the desired results. However, this has opened doors to new possibilities and opportunities. We are now actively exploring alternative avenues to enhance the value proposition of The Reborn.

Strengthening Ties with ApeLend

• Strategic Alignment: Recognizing the potential for mutual growth and benefit, we plan to eventually align The Reborn with ApeLend, once we move to expand ApeLend to support the Ordinals ecosystem. This synergy will leverage the strengths of both initiatives to create a more robust and dynamic ecosystem.
• Maximizing Synergies: The integration with ApeLend will provide The Reborn with enhanced capabilities and resources. This includes access to ApeLend’s lending protocol and its diverse user base, opening up new opportunities for growth and expansion and potentially leaning towards free inscriptions for Just Ape holders.
• Leveraging Ordinals Protocol: By tapping into the Ordinals protocol, The Reborn will be able to offer unique lending and borrowing experiences. This move is expected to attract a wider audience, particularly those interested in advanced lending mechanisms and digital asset management.

Just Ape, the Heart of Our Community

At the core of Just Ape Studios lies our vibrant community — Just Ape.

It’s where our journey began and where we aim to drive value towards.

Our community isn’t just an audience; we are all active participants, shaping the path we tread.

Our success lies in on our collective effort.

Each and every single one of our initiatives are interwoven aspects of a larger vision to create engaging community experiences and robust blockchain solutions.

Our journey at Just Ape Studios is more than just building products; it’s about forging a path in the Web3 world that makes the most impact.

With each step, we are not only reinforcing our commitment to our Guiding Purpose but also ensuring that we deliver value, innovation, and sustainability in all our endeavors.

Thank you for being an integral part of this exciting journey.

— Groovy