Cointime

Download App
iOS & Android

ApeCoin DAO opens voting on the proposal to “reduce the remuneration of special committee members by 50%”

According to the Snapshot page on October 20th, ApeCoin DAO community has initiated a proposal to "reduce the salary of special committee members by 50%" (from 20,833 ApeCoin per month to 10,417 ApeCoin per month), which will end on October 26th. In this proposal, ApeCoin DAO stated that this adjustment will apply to all future terms detailed in AIP-137 and AIP-138, and only affect special committee members elected after the implementation of this proposal. From a financial perspective, DAO is expected to save up to 104,165 ApeCoin per month.

Comments

All Comments

Recommended for you