News with the tag "ApeCoin DAO"

The decentralized autonomous organization (DAO) behind ApeCoin has voted to build its gaming-focused ApeChain as a Layer 3 network on Arbitrum, the leading Ethereum scaling solution by total value locked. The post ApeCoin DAO To Host ApeChain On Arbitrum appeared first on BitcoinWorld .

After the amounts were displayed in an organizational chart, community members criticized the leaders of the decentralized autonomous organization (DAO) in charge of the ApeCoin ecosystem for what they referred to as “insane” salaries. The ApeCoin DAO secretary known as “Vulkan” shared an organizati...

One community member described the salaries as "insanely out of touch," while another Twitter user accused those who established the rates of being "disconnected from reality."