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ApeCoin DAO officially favor to remain within Ethereum ecosystem

06/09/2022

Less than a minute

2022.06.09 05:46

ApeCoin DAO officially favor to remain within Ethereum ecosystem

ApeCoin DAO, a governance system serving the democratic rights of ApeCoin holders — a digital asset tied to the Bored Ape Yacht Club ecosystem — published an official proposal on May 2 to debate whether the asset should remain on Ethereum, transition to a layer-2 alternative, or perhaps explore the possibility of chain migration.

The ApeCoin improvement proposal (AIP) titled “AIP-41: Keep ApeCoin within the Ethereum ecosystem,” was authored by BAYC 2491, known as ASEC, and drew inspiration from a number of incidents, including the turbulent Otherdeed mint, and subsequent Yuga Labs reaction.

06/09/2022

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