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Ape FinanceApe Financeby0xA0AEda175B9266B8601D33E9Ef31673cC8cc49820xA0AE…4982

AIP-113: Extending AIP-1 - the DAO Process - Process

Voting ended over 3 years agoSucceeded

***This is an ApeFi vote to determine how ApeFi will vote with its ApeCoins. See this tweet for reference: https://twitter.com/ApefiCaesar/status/1570736224448688128

ABSTRACT The DAO’s operations rely on the Ape Foundation, which serves as a steward for ApeCoin by empowering the community to lead the DAO and helping to execute its vision. The terms of the Foundation’s relationship with the DAO were established on a six-month basis in AIP-1. That six-month period will conclude on September 30, and absent any alternative process for continuing the DAO’s operations, will bring with it the risk that the DAO falls into a vulnerable period during which it lacks actionable operational procedures. This AIP proposes a three-month extension of the terms laid out in AIP-1 to (1) provide time for the development of a proper and thorough Ape Foundation election framework and process; (2) allow the community to better understand and ultimately engage with whatever process emerges; and (3) enable the DAO to continue functioning coherently beyond September 30.

PROPOSAL Link to the full proposal: https://forum.apecoin.com/t/aip-113-extending-aip-1-the-dao-process/8236

Off-Chain Vote

In favor
122.54K APEFI77.5%
Against
35.67K APEFI22.5%
Quorum:633%
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Timeline

Sep 16, 2022Proposal created
Sep 16, 2022Proposal vote started
Sep 20, 2022Proposal vote ended
Oct 26, 2023Proposal updated