The Apecoin DAO<\/a> has hit the ground running with five proposals currently up for voting.<\/p>\n The five proposals are as follows:<\/p>\n In terms of votes, the ApeCoin community is so far happy with the first three proposals that have an overwhelming majority in favor of them.<\/p>\n To begin with, 98.47% of ApeCoin voters are in favor of AIP-1.<\/p>\n AIP-2 and AIP-3 have a 98.22% and 99.25% majority respectively.<\/p>\n However, AIP-4 and AIP-5 are facing stiff opposition from ApeCoin and Bored Ape NFT holders.<\/p>\n 62.93% of the voters are currently against AIP-4 with 61.8% against AIP-5.<\/p>\n To further decipher as to why the two AIPs are not popular with the ApeCoin and Bored Ape NFT communities, a deep review of each is needed.<\/p>\n According to the ApeCoin forum, AIP-4 proposes<\/a> the following assets eligible for staking: ApeCoin, BAYC<\/a>, MAYC and BAKC NFTs.<\/p>\n However, a BAKC NFT cannot be committed on its own. It must always be paired with a BAYC or MAYC, which in turn cannot be paired with another BAKC.<\/p>\n Additionally, AIP-5 proposes 17.5% of ApeCoin’s total supply to be allocated to the staking pool. This amount will be funded by the Ecosystem Fund and distributed over the total staking period of three years as follows:<\/p>\n [Feature image courtesy of Pixabay]<\/p>\n","protected":false},"excerpt":{"rendered":" Summary: The ApeCoin DAO currently has 5 proposals up for voting Members of the ApeCoin DAO are so far against 2 of them which center around staking The first one is AIP-4 which proposes a staking system for Apecoin and the BAYC NFT ecosystem The second one is AIP-5 which presents the total ApeCoin allocation for the staking pools and the 3-year duration of this initial staking period The Apecoin DAO has hit the ground running with five proposals currently […]<\/p>\n","protected":false},"author":22,"featured_media":569280,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[108339],"tags":[108389,108381,108182,108184],"_links":{"self":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/569278"}],"collection":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/comments?post=569278"}],"version-history":[{"count":0,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/569278\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/media\/569280"}],"wp:attachment":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/media?parent=569278"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/categories?post=569278"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/tags?post=569278"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}\n
AIP-1, AIP-2, and AIP-3 Have 0ver 90% Majority for Each Proposal<\/h2>\n
A Majority are Against AIP-4 and AIP-5<\/h2>\n
![\"\"](\"https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2022\/03\/AIP-4.jpg\" "\\"\\"")
<\/a>![\"\"](\"https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2022\/03\/AIP-5.jpg\" "\\"\\"")
<\/a>More on AIP-4 and AIP-5<\/h2>\n
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