$APE
Apecoin said that stablecoins that cross-chain to ApeChain will be converted to DAI and deposited in sDAI, accumulating income according to MakerDAO's savings rate. This process means that users can earn interest by transferring their stablecoins to ApeChain and then converting them into DAI. DAI is a decentralized stablecoin issued by MakerDAO that maintains its value stable at around $1 by over-collateralizing crypto assets. Users can deposit DAI into the Dai Savings Rate (DSR) through MakerDAO's system to earn passive income.