Co-founder of Yuga Labs, Garga.eth announced on platform X that the proposal AIP-596 to dissolve ApeCoin DAO has officially started voting, aimed at further promoting the reform of the ApeCoin ecosystem and the orderly transfer of assets and responsibilities to the new entity ApeCo established by Yuga Labs. Reports indicate that the new entity team will include Cameron Kates, the current CEO of Ape Foundation, along with other members of the fund and members of the Banana Bill team.
Garga.eth reminds that this AIP requires a large number of votes to pass. It is estimated that 3.5% of all circulating tokens will be required to participate in the voting, and an absolute majority of 66% is needed for approval. According to the voting information, the voting will end on June 26, and the current approval rate is 99.19%.
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Start voting on the proposal AIP-596 to dissolve ApeCoin DAO
Co-founder of Yuga Labs, Garga.eth announced on platform X that the proposal AIP-596 to dissolve ApeCoin DAO has officially started voting, aimed at further promoting the reform of the ApeCoin ecosystem and the orderly transfer of assets and responsibilities to the new entity ApeCo established by Yuga Labs. Reports indicate that the new entity team will include Cameron Kates, the current CEO of Ape Foundation, along with other members of the fund and members of the Banana Bill team.
Garga.eth reminds that this AIP requires a large number of votes to pass. It is estimated that 3.5% of all circulating tokens will be required to participate in the voting, and an absolute majority of 66% is needed for approval. According to the voting information, the voting will end on June 26, and the current approval rate is 99.19%.