Tenderly Powers the ApeCoin Ecosystem

ApeCoin DAO—the community that governs the ApeCoin token—rallied and voted to launch its dedicated chain for the ApeCoin ecosystem. The initiative came from its major members, ApeCoin Special Council, Horizen Labs and Offchain Labs, with support from Yuga Labs. ApeChain has been launched and is now live on Arbitrum, aiming to cater to various use cases but focusing primarily on providing best-in-class tools and protocol-level distribution for the contributing community.

ApeChain is built using Arbitrum Orbit, a platform for creating and spinning up customized appchains using Arbitrum Nitro tech stack on top of Arbitrum One or Nova networks. The new ecosystem’s economy will be powered by the APE token and joint efforts of Ape community members from around the globe.

With the launch of the new ApeChain mainnet, Tenderly’s full-stack Web3 infrastructure is readily available to builders and creators from the start, helping shape the new Ape ecosystem.

ApeChain Blueprint for success

ApeChain is the latest step in tying the Ape ecosystem together, returning the Ape nomenclature back to the greater crypto community while providing new opportunities and experiences to onboard contributors. The Ape Community aims to leverage Horizen Labs' long-term commitment to ApeCoin and Offchain Labs' expertise in building the Arbitrum ecosystem. On the other hand, the chains’ focus on community-driven content and open-source development tools stems from Yuga Labs’ success in storytelling and building community by creating unique experiences. 

ApeCoin DAO decided to build and settle ApeChain as an Optimistic Layer 3 on Arbitrum One to be able to leverage the expertise, security, and infrastructure of Arbitrum while retaining control of their blockchain, yet still inheriting the security and liquidity of Ethereum. Arbitrum’s Orbit platform provides ApeChain with:

• Full EVM equivalence
• AnyTrust DA for low-cost transactions
• Dedicated throughput and gas price reliability
• Upgradeability

The ApeChain formal proposal outlined in detail why the team decided to move forward with Arbitrum as its base layer:

• Speed and Block Times: Arbitrum Nitro chains lead among other chains and produce blocks at 0.25s. Unlike other stacks, which produce them at fixed intervals, Arbitrum chains only produce new blocks when submitting transactions.
• Low fees: Arbitrum boasts some of the lowest fees because it relies on AnyTrust DA, achieving significant gas savings. 
• Quick and Easy on/off-ramping: ApeChain will rely on Arbitrum One for liquidity, ensuring better user experience and low customer acquisition costs.
• Account Abstraction: Low and predictable gas prices enable modeling and prediction, making it easy for the ApeChain team to abstract technical complexities from end-user experience.
• Nitro support: ApeChain will both receive and participate in Nitro upgrades.
• Stylus benefits: Arbitrum Stylus provides numerous benefits for developers, such as writing smart contracts in popular programming languages like Rust, C, and C++ while being fully interoperable with the EVM. This has massive implications as there are many more developers with knowledge of these languages than Solidity.
• Timeboost: Arbitrum Orbit chains validate transactions on a first-come, first-serve model without requiring a gas bidding war. The Timeboost upgrade enables a priority lane, enabling people to pay a premium to prioritize. 
• Cluster Chains: Arbitrum chains are not currently interconnected. This upgrade aims to change that by allowing chains to leverage each others’ validators, increasing throughput when needed.

ApeCoin DAO recently announced their ApeChain Blueprint, revealing the core approach and roadmap to building the new chain and new user experience: 

• Content: Simplified ecosystem navigation featuring a website with dapps built on the new chain, making it easier for users to discover them.
• Tools: User-friendly developer kits, making it easy for anyone to deploy, with an ApeChain Portal. 
• Distribution: Protocol-level support for creators via incentives and channels to help with distribution, utilizing brand partnerships and Otherside as the new frontier of consumer crypto.

Yuga Labs also confirmed several initial key Web3 partnerships in The Blueprint to enhance onboarding and development, such as Caldera, with a suite of their RaaS tools, Halliday, a Web3 gaming platform, Decent, and Privy, a privacy-focused onboarding platform for a smoother user experience. 

Finally, ApeCoin DAO has also released its BANANA Bill, ensuring their jungle ecosystem grows and apes have what to eat. In essence, the Banana Bill is a funding program of 100M ApeCoin set aside for expanding the Ape ecosystem and attracting new users. If you want to build and become part of the new Ape ecosystem, now is a great time to apply via the Banana Bill website. Whether you’re looking for resources, want to structure user rewards, or want to work more closely with the ApeChain team, the time to ape in is now.

Aping in with Tenderly

In the words of Yuga Labs co-founder CryptoGarga - "APECHAIN is betting that what matters most are apps.” This is why the ApeCoin Foundation focused on providing the necessary resources and best-in-class infrastructure to attract developers and creators to build and shape the Ape ecosystem. We couldn’t agree more, which is why the Tenderly full-stack infrastructure for the entire dapp lifecycle empowers you to build the ApeChain from the first block. All of the essential Web3 development tools under a single roof are now available to help you build and scale with ease.

With the launch of its mainnet, Tenderly now supports both the ApeChain and Curtis testnet with the only Node RPC with built-in development environments and exploration tools.

Run your own ApeChain Node RPC

Tenderly offers a high-performance RPC endpoint for ApeChain, ensuring rapid and reliable interactions with the blockchain. Key features include:

• Lightning-fast transactions: Optimized for speed and performance, reducing latency and ensuring your transactions are processed instantly.
• Reliable and stable connection: Enjoy uninterrupted access with a stable connection that minimizes dropped transactions and network disruptions during usage spikes.
• Global multiregional support: Tenderly’s infrastructure ensures consistent, high-performance coverage worldwide, with SLA-backed soft limits for enhanced reliability.

Spin up your own ApeChain replica

Tenderly Virtual TestNets redefine the way developers interact with ApeChain, enabling efficient and collaborative, dapp development in a risk-free, dynamic environment. Teams can now simulate real-world scenarios without deploying directly on the mainnet, accelerating innovation across the ApeCoin ecosystem. Key features include:

• Real-time synced testing environment: A sandboxed environment that mirrors ApeChain's mainnet conditions, providing a comprehensive platform to test dapps without using actual tokens or exposing vulnerabilities.
• Full customization and control: Modify state, impersonate wallets, access unlimited faucets for ApeCoin and ERC-20 tokens, and monitor everything through a customizable public or private network explorer.
• Seamless workflow integration: Integrate easily with your continuous integration, staging, and testing pipelines for automated and streamlined processes.
• Collaborative development: Allow multiple team members to develop simultaneously, fostering true collaboration and expediting dapp delivery.

Spin up your own ApeChain or Curtis testnet replica and create your own testing or staging environment, and adapt it to your unique workflow. Tenderly Virtual TestNets provide the only true testing environment in Web3.

Rely on the leading Web3 developer tools

Tenderly’s exploration and debugging suite empowers and helps you to optimize your dapps on ApeChain with in-depth analysis and real-time monitoring:

• Detailed transaction overview: Gain deep insights into transaction data, including execution trace, gas usage, and error identification, allowing you to pinpoint and resolve bottlenecks.
• Real-time alerts: Stay ahead with instant notifications for failed transactions, contract issues, or any unusual activity to ensure a rapid response.
• Advanced debugger: Trace failed transactions step by step, identify the exact line of faulty code, and preview fixes to streamline your debugging process.
• Gas profiler: Understand your dapp’s gas consumption and identify opportunities to reduce costs and improve scalability.

Analyze, debug, and optimize your dapps’ key on-chain data.

Join the future of ApeChain with Tenderly

The integration of Tenderly’s full-stack development infrastructure with ApeChain accelerates the ApeCoin Foundation’s vision of creating a seamless and powerful ecosystem for developers. With access to Tenderly Virtual TestNets, high-performance RPC nodes, and a variety of advanced debugging and exploration tools, ApeChain developers now have everything they need to build, test, and deploy innovative dapps efficiently.

This partnership not only equips developers with the tools to succeed but also empowers the ApeCoin ecosystem to scale rapidly, bringing the next wave of Web3 users into the fold.