The ApeCoin DAO has proposed the creation of a decentralized exchange (DEX) to benefit ApeCoin holders by enabling the decentralized exchange of ERC-20 tokens with multi-asset pools.

Ethereum's gas fees have reached a new multi-month high due to a growing memecoin frenzy, resulting in a surge in daily revenue for the network.

The ApeCoin community has donated $1 million to support the ongoing development of the Ethereum blockchain. The community-led initiative, titled "I don't hate apes, I just want them to fund public goods," received a majority of votes in favor of the donation. ApeCoin is a cryptocurrency linked to the Bored Ape Yacht Club, a collection of unique digital ape NFTs. The proposal includes donating $300,000 to ETHGlobal and allocating the remaining $700,000 towards organizing 11 ApeCoin hackathons and supporting at least five public good initiatives. The proposer of the donation, ex-ApeCoin special council member Maariab, stated that Ethereum benefits from shared responsibility and collective appreciation, and the ApeCoin community should support the ecosystem.

April 20 (Cointime) - The ApeCoin community has voted in favor of a proposal to allocate $1,000,000 to support crypto public goods through ETH Global and ApeCoin hackathons. The proposal, titled "I don't hate apes, I just want them to fund public goods!", received 46.21% of votes in favor, while 29.96% voted against it, and 23.84% abstained.

The name of the proposal is inspired by a tweet from Ethereum co-founder Vitalik Buterin, who expressed his desire for the ApeCoin community to fund public goods.

April 16 (Cointime) - ApeCoin introduces a new proposal, "I don't hate apes, I just want them to fund public goods!", aiming to allocate $1,000,000 to support crypto public goods through ETH Global and ApeCoin hackathons.

The name of the proposal is inspired by a tweet from Ethereum co-founder Vitalik Buterin, who expressed his desire for the ApeCoin community to fund public goods.

On April 12, Yuga Labs' ERC-20 token ApeCoin (APE) briefly surged to $90.00 from around $4.20 apiece on the South Korean cryptocurrency exchange Upbit before most gains were wiped out in a sharp sell-off. However, the token is still trading at $10.90 apiece at the time of publication, representing a significant premium of around $4.50 compared to other exchanges. 

Hardware wallet company Ledger is teaming up with the ApeCoin DAO to teach $Ape holders about wallet security.

Novel Labs and Mutant Cartel founder Lior Messika is set to develop Serum City, a city-builder game that uses Ethereum and ApeCoin as its primary in-game currency. Mutant Apes, Bored Ape Yacht, Genesis Oath, or Mutant Hound NFT collections owners are required to play the game at launch, with Serum City gradually opening access with each new season of content.