The time has come. Board the arc -- our journey to @base begins now!
To bridge your ape to Base, head to https://t.co/s8bYUBJZXJ
We're going to be starting up a town hall in a few minutes to hang out.
Onchain Summer Begins!
1/
waters are calm again, and decisions have been made. let's dive into $SOC, the ONLY token empowering EVERYTHING TAS @the_ape_society 🪙
* tokenomics
* current utility
* potential
read until the end for some LEVVY 🤝 $SOC alpha 👀
TLDR: For the foreseeable future, we are going to make **EVERYTHING ABOUT APES AND SOC**.
Next up, we’re reconsolidating Levvy into the $SOC ecosystem as before. We won’t be able to deliver on all the items in the roadmap we released, but are still moving forward with Levvy Market. Due to not being able to separate Levvy & the TAS ecosystem, we can’t allocate funds at the moment to what we announced for SOC, so that will have to be pushed back for now. $SOC staking is now reenabled. We’ll tell you what that was going to be soon, but for now let’s focus on the following:
For Levvy Market, what we’ll do now is still start out with 0 fees in our intro period, but now $SOC holders will vote on what platform fees should be. Of these fees, 50% will go to buy back $SOC and 50% will go to the team.
As far as Levvy Points, we still want to do this with SOC, but don’t have the available $SOC to do so. We’re going to put a proposal in the DAO regarding possibly using DAO $SOC as the source to fund the points system with their $SOC holdings. With Levvy Points, holder of apes will receive point bonus multipliers based on their class. If the DAO approves, we’ll release more information on that.
And that’s not where it stops for apes. In addition, once fees are implemented, we’re proposing doing a similar structure for Ape Holders. Upon DAO approval, all apes will receive permanent discounts on fees when shopping from the marketplace based on class.
We believe this is the best past forward, but look forward to the discussion that follows this post. Even with this minor setback, we still have a strong ecosystem with the #1 NFT, the #1 Lending App, an incubator that next week is helping bring over one of the most hyped mints in some time (Lil Sappies), soon a top NFT marketplace, and more. $SOC will remain the headliner of LEVVY, apes will be prioritized, and TAS will rise again!
Lets do this
The $SOC ecosystem is already so far ahead of anyone else with utility in NFT’s, but let’s take it one step further.
$ada has something that exists on no other blockchain for now.
We’re creating the ultimate balance of art, defi, gamification, and a master class in community empowerment.
Seems like a good time to have a fun week🏝️
🛂 THE FIRST STAMPS ARE OUT! 🛂
Two epochs have passed since The Plunge first opened, allowing COTAS passport holders to upgrade their Plunge stamps to Level 1, receiving a 2.5% boost in tickets for the big lottery.
Head to https://t.co/aEiIZtIZ63, connect your wallet with your passport, and use the interface to level up! Submit the tx for 150 $SOCIETY, and your upgrade will be complete!
⚠️Note that if you have a gold passport, you automatically qualify for level 3 on every landmark even though you don't see the level 3 stamp. However, you can still collect stamps for fun and aesthetics!
#SOCIETYSUMMER
1/
Citizens of The Ape Society just changed the game. 🤯
this reveal was insane. we've all been trying to guess what the passports will imply for the ecosystem, but no one predicted AF1 was going this big on cross-chain utility. 🧵 👇
New Citizens deserve to have a place to call home.
Today, we introduce the website that citizens will often visit during their time in The Ape Society.
https://t.co/ApJdeXFSBx
🧵(1/4)
IT IS TIME! 🃏
Merch
Each of the official TAS Merch will be detailed, scarce and well thought out. And the only way to get it will be through Artists and Craftsmen (or The Market).
🧵(1/4)