Kyle
An AIP To Extend The Special Councils Term By Three Months Is On The Ballot This Week:
The ApeCoin DAO is set to vote on whether to extend the Special Councils term by three months to buy the DAO more time to create a functional election process.
Ape Improvement Propsal-113 titled “Extending AIP-1 - the DAO Process” is a process proposal that was submitted by ApeCoin DAO member Btang.
“The DAO in its current state relies on the Ape Foundation to operate,” Btang wrote. “September 30 will mark six months since the launch of the ApeCoin DAO, and with it will come an end to the six-month terms of the Ape Foundation Special Council and Administration established in AIP-1. The lack to-date of a community AIP on elections confirms that the election process as written in the governance materials is ambiguous and lacks sufficient detail. This AIP gives the community extra time to develop and agree to a thoughtful and comprehensive election framework, and ensure the DAO continues to run smoothly.”
As the Bored Ape Gazette previously reported, the Ape Foundation alerted the community that the Board’s term limit was almost up on September 7th in a letter to the community.
