The NFT lending protocol ParaSpace will charge a 3% fee on APE staking starting from May 1

2023-04-20 10:59:34
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ChainCatcher message, the NFT lending protocol ParaSpace will start charging fees from May 1, 2023. A fee of 3% will be charged for APE staking, which will be collected when claiming rewards for compounding, primarily to cover the Gas costs incurred for automatically compounding user APE rewards. If profits are generated from the APE staking fees, ParaSpace will return 50% of the profits back to the Yuga ecosystem in the form of supporting community builders, sponsoring community-driven events, giveaways, etc. (source link)

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