ApeCoin Community Votes on Ecosystem Incentives Allocation

IconCryptoNewsTerminal Staff14 Jun, 2024

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ApeCoin Community Votes on Ecosystem Incentives Allocation

The ApeCoin (APE) community has launched a governance vote on a proposal to allocate 100 million APE to incentivize the ApeCoin ecosystem. The proposal, if passed, will distribute the following amounts: - 23 million APE to user incentives - 73 million APE to developer infrastructure - 2 million APE annually to an operational budget The governance vote will close in 7 days. The outcome of the vote will significantly impact the future development and growth of the ApeCoin ecosystem. ```