Animoca and Cartan Group initiated voting on 5 proposals in the ApeCoin DAO community, involving ApeCoin pledge and incentive distribution, etc.

Rhythm BlockBeats news, on March 24th, Animoca and Cartan Group launched a vote on 5 proposals in the ApeCoin DAO community, involving DAO governance, voting, ecosystem fund distribution, ApeCoin pledge and incentive distribution.

The content of the AIP-1 and AIP-2 proposals is DAO governance voting, holding ApeCoin is a The only requirement for DAO members, only ApeCoin DAO members are eligible to vote, 1 ApeCoin = 1 Vote. Voting is conducted on Snapshot, and ApeCoin holders need to pass wallet authentication to vote. New proposals will be released in batches every Thursday at 9:00 p.m. Eastern Time, and the voting will last for 6 days. Passed proposals will be moved to the APE Foundation for implementation.

AIP-3 proposes to spend up to 6% of the total APE Ecosystem Fund for activities, Game development, education, marketing and merchandising.

AIP-4 and AIP-5 proposed an ApeCoin pledge system, pledge participants will It is possible to mortgage ApeCoin and use BAYC ecological NFT to regularly obtain ApeCoin pledge income from the pool. There are 4 pledge pools, namely ApeCoin pledge pool, BAYC pledge pool, MAYC pledge pool and BAKC pledge pool. After the initial staking period, the distribution of ApeCoin income in the staking pool will be determined by the market price of BAYC, MAYC and BAKC NFT, and the distribution of ApeCoin income in the ApeCoin staking pool will remain at 30%. With a total staking period of 3 years, 17.5% of the total supply of ApeCoins will be allocated, funded by the Ecosystem Fund.

Among them, AIP-1, AIP-2 and AIP-3 are proposed by Cartan Group, AIP-4 and AIP-5 are Proposed by Animoca. The vote will be extended until 21:00 ET on March 30, 2022, and all 5 proposals currently have more than 90% votes in favor.

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