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ApeCoin DAO has passed the proposal to dissolve "Web3 development, metaverse and other four working groups"

ApeCoin DAO has passed the proposal to dissolve "Web3 development, metaverse and other four working groups"

CointimeCointime2024/10/17 06:36
By:Cointime

The Snapshot page shows that the ApeCoin DAO has passed a proposal to "dissolve four non-essential working groups" with a support rate of 98.02%. The proposal suggests dissolving the governance working group, the market and communication working group, the metaverse working group, and the Web3 development working group. The proposal points out that these working groups cost the DAO nearly $3 million annually and have low task execution efficiency.

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