🔥 Gate Post Ambassador Exclusive Posting Reward Task Round 4 Is Live!
Not yet a Gate Post Ambassador? Apply now 👉 https://www.gate.com/questionnaire/4937
Join the Ambassador Task and post daily from June 9 to June 15, get your posts rated, and share a $300 prize pool based on your ratings!
🎁 Reward Details:
S-Level Weekly Ranking Reward
Post every day for 7 days with an overall quality score above 90 to qualify for S-Level.
2 outstanding ambassadors will each receive a $50 trading fee rebate voucher.
A/B-Level Tiered Rewards
Based on the number of posts and their quality, ambassadors will
Yuga Labs CEO: Plans to dissolve ApeCoin DAO
According to a report by Decrypt on June 6, Yuga Labs CEO Greg Solano proposed a plan to dissolve the ApeCoin DAO and transfer its assets and responsibilities to a new entity called ApeCo created by Yuga Labs. Solano criticized that the ApeCoin DAO "has evolved from a commitment into a slow, noisy, and unserious governance spectacle," with resources wasted on "vanity proposals and low-impact plans." The new entity will focus on supporting high-quality projects and reinforcing the three core pillars of ApeChain, Bored Ape Yacht Club, and Otherside. If the proposal passes, ApeCoin holders will lose all governance rights. This move is part of Yuga Labs' strategic restructuring, as the company has recently sold NFT project IPs like Moonbirds and CryptoPunks to refocus on its core business.