The voting for the proposal to dissolve ApeCoin DAO AIP-596 has ended, with a approval rate of 99.66%

Odaily News According to Snapshot data, the voting for the proposal AIP-596 to dissolve ApeCoin DAO and launch a new entity ApeCo has closed, with a 99.66% approval rate, 0.32% opposition, and 0.01% abstention. The proposal aims to further promote the reform of the ApeCoin ecosystem and orderly transfer assets and responsibilities to the new entity ApeCo established by Yuga Labs. It is reported that the new entity team will be composed of Cameron Kates, the current executive director of the Ape Foundation, and other foundation members and Banana Bill team members.