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AIP-150 Proposal on New ApeCoin Capsules Rejected by ApeCoin DAO

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On February 24th, the AIP-150 proposal of ApeCoin DAO on \”launching the new ApeCoin Capsules\” was rejected by 57.09%. It is worth mentioning that a total of 2….

AIP-150 Proposal on New ApeCoin Capsules Rejected by ApeCoin DAO

On February 24th, the AIP-150 proposal of ApeCoin DAO on “launching the new ApeCoin Capsules” was rejected by 57.09%. It is worth mentioning that a total of 2.6 million APEs voted against the proposal, including 916000 APEs voted against the proposal at the “macrogbrother. eth” address of Taiwan, China singer Huang Licheng.

The proposal of ApeCoin DAO on “launching the new ApeCoin capsule” was not voted

Interpretation of the news:


ApeCoin DAO, a decentralized autonomous organization that governs the ApeCoin ecosystem, recently saw its AIP-150 proposal on launching the new ApeCoin Capsules being rejected by 57.09%. This means that a large number of APEs, the native token of ApeCoin, voted against the proposal, with a total of 2.6 million APEs rejecting it.

The rejection of the AIP-150 proposal comes as a surprise to many members of the ApeCoin community who were looking forward to the launch of the new ApeCoin Capsules. These capsules would have allowed APE holders to stake their tokens and earn more rewards, while also supporting the development of the ApeCoin ecosystem.

The main reason for the rejection of the proposal can be attributed to the concerns raised by several ApeCoin community members regarding the potential risk of centralization. They argue that the new ApeCoin Capsules would give more power to a smaller group of APE holders, thus leading to centralization and even manipulation of the ApeCoin ecosystem.

In fact, one specific APE address, “macrogbrother.eth”, belonging to Taiwan-based singer Huang Licheng, voted against the AIP-150 proposal with 916,000 APEs. This significant vote against the proposal indicates that even large APE holders are concerned about the potential risks of centralization.

It is important to note that the rejection of the AIP-150 proposal does not mean that the development of the ApeCoin ecosystem will come to a halt. Instead, it is a reminder that decentralized autonomous organizations like ApeCoin DAO are governed by the votes of their members and that the community’s concerns and opinions must be taken into account before any major decision is made.

In summary, the rejection of the AIP-150 proposal on launching the new ApeCoin Capsules by ApeCoin DAO highlights the importance of decentralization and community participation in the governance of blockchain ecosystems. It also reminds us that while innovation and development are important, they must be balanced with community concerns and opinions.

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