In response to David Choi of MetaStreet's claim that the value of NFT assets in the Bored Ape Yacht Club ecosystem has dropped significantly since the launch of APE staking, "Brother Maji" Huang Licheng responded on social media that ApeCoin staking will lower the value of BAYC, MAYC, BAKC, and ApeCoin. However, if staking distribution can be accelerated at a reasonable discount (such as around 50%), it can alleviate the downward pressure on the value of NFT assets. The remaining 50% of the staking value can be returned to the DAO treasury. In addition, Huang Licheng also called on David Choi to draft a proposal to optimize this issue.
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Huang Licheng: ApeCoin staking reduces the value of Boring Monkey ecological NFT, and it is recommended to launch a proposal to speed up the staking distribution with reasonable discounts
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