ApeCoin Introduces Automatic Yield Mode for Passive Earnings

According to BlockBeats, on October 20, ApeCoin announced via X that users holding ApeCoin on ApeChain can now benefit from an Automatic Yield Mode. This new feature allows users to earn rewards without the need for continuous claiming or staking of their tokens. The Automatic Yield Mode is set as the default for all Externally Owned Accounts (EOAs), enabling them to automatically receive earnings with each block. This means that the APE balance in these addresses will increase with the rewards generated per block, eliminating the need for manual intervention.