What is apecoin Dao?

ApeCoin DAO is launching its community-led governance via a formal proposalprocess based on the one implemented and proven out over time by Ethereum’s EIPsystem. Proposal Categories There are three main categories an AIP (Ape Improvement Proposal) can fall under:Core, Process, or Informational.

What is the bored ape Yacht Club Dao?

The FWB community reads your application and then votes you into the DAO, provided they like what they see. You’ll also need 75 FWB tokens to join FWB, and there’s only a million tokens available, meaning the DAO has a hard cap of 13,333 members. The Bored Ape Yacht Club DAO is made up of people who hold one of the 10,000 Bored Ape NFTs.

What is apecoin (ape)?

ApeCoin is an ERC-20 governance and utility token used within the APE ecosystemto empower a decentralized community building at the forefront of web3. As the open-source protocol layer of the ecosystem, ApeCoin serves severalpurposes: Governance ApeCoin is the ecosystem’s governance token, allowing ApeCoin holders to participate in ApeCoin DAO.

What is the ape Foundation?

The APE Foundation The APE Foundation is the steward of ApeCoin. It is not an overseer, but thebase layer on which ApeCoin holders in the ApeCoin DAO can build. The Foundation facilitates decentralized and community-led governance and isdesigned to become more decentralized over time.