FAQs
General Questions
What is Ape Wealth?
ApeWealth is a platform that enables users to earn rewards through a Quest-to-Earn framework, allowing them to actively contribute to Web3 projects by completing structured tasks instead of making financial investments.
How does the Quest-to-Earn model work?
Users engage with projects by completing quests that align with the project’s growth goals. These quests can include activities like promoting content, interacting with dApps, or creating educational resources. Rewards are distributed over time to maintain ongoing engagement.
What types of rewards can users earn?
Users can earn substantial rewards ranging from $500 to $2,000 per quest campaign. These rewards are distributed gradually to incentivize long-term participation.
How does ApeWealth benefit projects?
Projects gain access to a scalable, ROI-focused approach to community building, which optimizes marketing spend and drives long-term user engagement.
What happens when unstaking early?
Users who unstake early incur a mandatory token donation, with a linear penalty starting at 50% on day one and reducing to 0% over the staking duration. This discourages early withdrawal and supports the platform’s stability.
The tradeoff between fixed term staking vs. opting for the option to unstake early with a unstaking donation is a reasonable compromise to ensure the community and token holders are safeguarded against airdrop farmers and users attempting to "game the system" as the associated profit share boost from 60%-90% is very attractive token utility.
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