Live AIPs that went up for vote this week in the ApeCoin DAO have been duplicated on the Made By Apes Snapshot. Each proposal requires a 10% quorum of valid wallets in order for it to pass. If quorum is reached on a proposal, then all $APE delegated to madebyapesvote.eth will be cast in favor of the majority vote. Votes are limited to once per wallet per proposal. For more info: https://x.com/BoredApeYC/status/1841584023245635961
The APE Foundation has recently posted a proposal to revamp ApeCoin DAO governance, entitled “ApeChain, On-chain – ApeCoin DAO Governance Revamp.” This proposal would eliminate Special Council elections, sunsetting the role of Special Council entirely. It can be found here: ApeChain, On-chain – ApeCoin DAO Governance Revamp
This AIP proposes to pause Special Council elections, pending the outcome of the proposal entitled “ApeChain, On-chain – ApeCoin DAO Governance Revamp.”
This proposal benefits the ApeCoin ecosystem by respecting the time, resources, and energy of the ApeCoin DAO community members who might wish to run for Special Council, as well as the time, resources, and energy of ApeCoin DAO community members who might wish to vote for and learn about Special Council nominees.
Total amount requested from the ApeCoin Ecosystem Fund = $0.
Link to the full proposal: https://forum.apecoin.com/t/aip-552-pausing-special-council-elections-pending-the-outcome-of-the-governance-revamp-aip-vote/26822
The AIP implementation is administered by the Ape Foundation. Implementation may be immaterially or materially altered to optimize for security, usability, to protect APE holders, and otherwise to effect the intent of the AIP. Any material deviations from an AIP, as initially approved, will be disclosed to the APE holder community.