ApeCoin (APE) Community Wants to Stay on Ethereum (ETH) Despite the Crisis

The ApeCoin community started a vote arguing that ApeCoin (APE) should remain in the Ethereum (ETH) ecosystem.

ApeCoin community, Friday, June 3 day ApeCoin needs to stay in the Ethereum ecosystem put a proposal to the vote.

The community made the following statements in the explanation part of the proposal:

Yuga Labs stated in a tweet that they believe it needs to switch to its own chain to scale ApeCoin. We at ApeCoin DAO believe that at least for now, ApeCoin should remain in the Ethereum ecosystem and should not be moved to a Layer-1 chain or any sidechain that is not secured by Ethereum.

June 9 voting, which will end on 99.94% as the vast majority favorable vote was cast.

Yuga Labsfor the first time after the “Otherside” project’s sale of troubled metaverse land 1 May on to a potential Apecoin transition community of APE owners ApeCoin DAO’don’t think of it as a possibility. had invited.

We apologize for turning off the lights on Ethereum for a while. It seems pretty obvious that ApeCoin needs to switch to its own chain in order to scale properly. We want to encourage the DAO to start thinking in this direction.

March 17 released on ApeCoin (APE)At the time of writing, it reached an all-time high (ATH) shortly after it started trading, according to CoinGecko data. $26.70of 76.5% under $6.27traded from.


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