Yuga moves to kill ApeCoin DAO, transfer $168M in assets to new entity

Yuga Labs has proposed dissolving the ApeCoin DAO and replacing it with a new governing body, ApeCo. This would mark a decisive shift in the management structure of one of Web3’s most recognizable ...

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Yuga moves to kill ApeCoin DAO, transfer $168M in assets to new entity

Source: CryptoSlate

Yuga Labs has proposed dissolving the ApeCoin DAO and replacing it with a new governing body, ApeCo. This would mark a decisive shift in the management structure of one of Web3’s most recognizable token communities. Filed as an AIP proposal on June 5, the plan would sunset the DAO and transfer all major assets, including […]