Some ape (APE) whales voted against the ApeCoin Decentralized Autonomous Organization (DAO) proposal, which offered to stay in Ethereum (ETH) and give the majority support for the transition to another chain. I did.
Called ApeCoin Improvement Proposal (AIP) 41, the proposal requires token holders to stay on Ethereum despite the issues surrounding gas tariffs.
However, at least three ApeCoin whales who have submitted ballots so far have voted against the proposal, each submitting APE 404,000, APE 153,000, and APE 151,000 out of a billion APE supply, respectively.
One voted for APE 150,000 Agree Of the suggestion.
Due to the favor of whales who voted against the proposal, AIP 41 is now close to 53% of the votes and 47% in favor, meaning that the majority are now in favor of migration.
Voting begins on June 3rd and continues until June 9th.
Especially in the early days of voting, an overwhelming number of voters were in favor of the proposal.
The proposal, submitted by ApeCoin DAO member ASEC on May 1, states that “moving to another chain is a costly, risky, complex effort with many moving parts and should not be considered carefully. And abandoned by which can result in catastrophic losses. [project creator] Yugarabo And other entities [be meaningful] To ApeCoin. “
This proposal was made in response to a proposal by Yuga Labs, the entity behind the popular non-fungible token (NFT) collection. Boring Ape Yacht ClubApeCoin said it needs to move to its own chain for scaling purposes. Other acts Mentha clogged Ethereum’s mainnet.
“I’m sorry to turn off the lights on Ethereum for a while,” Yuga Labs said. Said At that time, he added: “It’s clear enough that ApeCoin needs to move to its own chain to scale properly. I’d like to encourage DAOs to start thinking in this direction.”
On the other hand, if you look at the comments from the forum community, you can see that the majority of users support staying on Ethereum.
“We very much agree with your opinion that you shouldn’t move out of the Ethereum chain, especially with the advent of ETH 2.0 in the future, as it gives you the best security and liquidity,” one user responded to ASEC. Said.
Other users also noted that the project could use the Layer 2 solution for scaling purposes. “I think they should see instead arbitration, Optimism, zksync Also InvariantUse them as-is, or fork them and build them there, “another user claimed.
APE, the 39th coin by market capitalization at UTC 9:52, is trading at US $ 6.4 at 5.2% a day and 2.7% a week.
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learn more:
-Apecoin will reach US $ 27 by the end of 2022-Survey
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-Ethereum L2 network DeFi is seeing significant growth, even as Ethereum pricing levels fall
-Layer 2: Roll-ups, bridges, new apps, life with Ethereum 2.0, get ready for Layer 3
