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53.62% OF APECOIN PARTICIPANTS REMAIN ON ETHEREUM

53.62% OF APECOIN PARTICIPANTS REMAIN ON ETHEREUM

The ApeCoin DAO, the democratically owned administration of the owners of ApeCoin - a digital asset bound to the Bored Ape Yacht Club ecosystem - published an official proposal on May 2 to discuss whether the property should remain on Ethereum, switching to a 2-layer. , or perhaps check if a chain reaction is possible.


ApeCoin (AIP) development proposal entitled "AIP-41: Keep ApeCoin within the Ethereum ecosystem," was approved by BAYC 2491, known as ASEC, and received inspiration on a number of occasions, including the Otherdeed Mint riot , and the Yuga Labs that followed. reaction.


The catastrophic collapse of Yuga Labs ’Otherdeeds land sales seriously undermined the financial constraints of Ethereum gas payment technicians, and prompted leading members of the ApeCoin community to express their concern about the ApeCoin contract for fixed supply, and growth potential.


The sharp decline in gas wars, and the lack of investment or integrity, was also linked to Yuga Labs' negatively published tweet emphasizing that "it seems very clear that ApeCoin will need to move to its own chain to balance well.", And that we would like to encourage -DAO to start thinking this way. ”


Despite the persuasive proposal from Yuga Labs, AIP-41 enthusiastically promoted anti-Ethereum migration, saying "such a decision is currently the most complex and costly to implement", and could damage their deep presence in the largest network. capacity and cultural acceptance of NFTs.


"We at ApeCoin DAO believe that, at least for now, ApeCoin should remain within the Ethereum ecosystem, and not relocate to an L1 chain or sidechain that is not protected by Ethereum."

The total number of proposal votes is equal to 3.8 million and 3.3 million against - a split of 53.62%. This effect is not entirely clear, and can also be discussed through the submission of new proposals during the grace period of three months.

Source: cointelegraphy




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