Key terms and definitions of Pawnfi $APE Staking

Official $APE Pool

Horizen Labs $APE staking pool.

Official NFT Pool

Horizen Labs NFT staking pool.

Pawnfi $APE Pool

The Pawnfi $APE staking pool enables $APE holders to supply their funds and receive our lending and staking services, including automatic compounding. We either lend out or assist users in staking their $APE into the Official $APE Pool, maximizing their returns on investment.

Pawnfi NFT Pool

The Pawnfi NFT staking pool allows NFT holders to stake their $APE or borrow from the Pawnfi $APE Pool to perform $APE staking in the Official NFT Pool. Our platform also facilitates automatic compounding of $APE rewards, assisting users in reinvesting them into the Pawnfi $APE Pool to maximize returns on investment.

Health Factor

The Health Factor is a critical indicator that represents the stability of your Ape Staking. It essentially measures the distance between the current state of your staking and the point where it may need to be terminated. A lower Health Factor indicates that your staking is more secure and less likely to be disrupted due to inadequate returns. The Health Factor is a useful tool to help you manage your staking activity and optimize your returns.

See more details in Risk Management.


sAPE refers to "Certificate of Staking $APE," a derivative of $APE available in the Pawnfi $APE Pool. It serves as the primary means of interaction between $APE holders and the Pawnfi Protocol. By minting sAPE, users can earn rewards based on the increasing value of sAPE relative to $APE. This means that over time, the amount of $APE that sAPE is convertible into increases, regardless of the amount of sAPE held. It's important to note that each user has the same sAPE exchange rate for $APE.

sAPE will be visible on Etherscan, and you should be able to view them in the list of tokens associated with your address.

Interest Reserve

The interest reserve is vital for ensuring the protocol's sustainability, primarily deriving from borrower interest payments. It serves as incentives for protocol governance and risk premiums to protect suppliers.

Reinvestment Reserve

The reinvestment reserve refers to the percentage of the reinvested amount that is allocated as the Pawnfi reserve to cover the costs associated with reinvestment, such as gas fees.

Last updated