ApeCoin DAO Elects New Special Council Members, Bidding Farewell to Alexis Ohanian and Yat Siu

ApeCoin DAO Elects New Special Council Members, Bidding Farewell to Alexis Ohanian and Yat Siu


The ApeCoin DAO Welcomes New Special Council Members

ApeCoin DAO, a decentralized autonomous organization (DAO) consisting of ApeCoin holders, has chosen two new members for its Special Council governing body. These members will take the place of Yat Siu and Alexis Ohanian, who previously held the seats. The ApeCoin DAO is responsible for governing the ApeCoin ecosystem and its treasury. The Special Council’s role is to administer DAO proposals and serve the community’s vision.

  • The ApeCoin DAO has voted in two new members for its Special Council, replacing Yat Siu and Alexis Ohanian.
  • The new members, Waabam and CaptainTrippy, were elected through a vote and will serve a one-year term starting on July 1.
  • Waabam received 31.2% of the vote with 7.7 million APE, while CaptainTrippy earned 29.4% of the vote with 7.3 million APE.
  • They will join existing Special Council members Bored Ape G, Gerry, and Vera Li.
  • The ApeCoin DAO also appointed All City BAYC and tiger is fine to fill two Governance Steward seats.

The new Special Council members have expressed their commitment to driving the ApeCoin DAO community forward into the metaverse. Yat Siu and Alexis Ohanian have shown their support for the organization’s growth and will continue to contribute to the DAO. There were discussions within the ApeCoin community regarding the high salary of Special Council members, with proposals to cut the salary or reward leaders based on their contributions. The ApeCoin DAO will now embark on its new term with the goal of serving the community and advancing the ApeCoin ecosystem.

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