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  • Writer's pictureKyle

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.

In AIP-113, BTang wrote that by voting to extend the Board’s term by three months, the ApeCoin DAO will be able to not only continue to function but also will be able create an election process with the community.

“This AIP proposes a three-month extension of the terms laid out in AIP-1 to (1) provide time for the development of a proper and thorough Ape Foundation election framework and process; (2) allow the community to better understand and ultimately engage with whatever process emerges; and (3) enable the DAO to continue functioning coherently beyond September 30.”

Since the community was first made aware of the Special Councils term coming to end, the ApeCoin DAO has suggested that the community adopt a rolling elections process going forward.

“We've listened to you the community, including @yugalabs,” the ApeCoin DAO tweeted on September 8th. “Continuity and stability are of the utmost importance when building something new from the ground up. With that in mind, it is our recommendation that the election process becomes a rolling election where every quarter - or any other set timeframe - a council member's seat is up for an election. This creates a stable environment to responsibly bring in new members and ensure that the DAO has consistency to operate and efficiently transfer knowledge while also introducing fresh ideas from the community.”

The ApeCoin DAO goes on to say that if the community passes an extension for AIP-1, then the DAO will be able to make this proposed staggered election process a reality.

“The intention of extending AIP-1 is to ensure we put forth a clear framework and process for the community to nominate, vet, and elect new council members in a transparent and fair election cycle,” ApeCoin tweeted. “It's encouraging to see the community's involvement on this matter and are excited to create a new framework that truly innovates how the DAO operates - helping to reach the full potential of the opportunity we have in front of us.”

The Bored Ape Gazette reached out to BTang via Snapshot and hopes to find out more about AIP-113 this weekend. Stay tuned for updates!

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