Odaily News According to the Snapshot page, Huang Licheng’s proposal to purchase Yuga assets with 11 million APE has been passed with a support rate of 64.92%. The community will use 11 million APE to purchase Yuga assets, including BAYC, MAYC, BAKC and CryptoPunks. NFT is used for exhibitions and donations to art institutions to enhance the spread of digital art on a global scale. It is reported that the APE distribution mechanism will be determined jointly with the APE Foundation. It is reported that ApeCoin DAO also plans to launch the governance token DAM, which will be used to select and manage NFT collections. 30% of DAM will be allocated to ApeCoin pledgers within five years, and 70% will be used for the Ministry of Finance, which will be voted by token holders.