APECHAIN TO BE BAYC'S LAST HURRAH

Summary from the TLDR Crypto newsletter

Apechain may be a last effort for the BAYC brand because of its ineffective use of APE (the token) as a gas token, low native yield, and disconnected branding that complicates outsiders from participating in the larger BAYC ecosystem. It would be better to rebrand to be less BAYC-centric, redirect ecosystem revenue back to APE through incentives like sequencer fees and governance, and integrate Yuga assets into validators to better incentivize economic activity and attract new builders.