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Writer's pictureKyle

$APE IN: The ApeCoin DAO's Governance Working Group Is Looking For Five Sub-Communities To Be Part Of Its New Delegate Accelerator Program!

Calling all builders and community managers around the swamp and beyond! You and your frens can now learn how the ApeCoin DAO works and get involved in the $Ape action without spending a dime by applying to be part of the Governance Working Group’s new Delegate Accelerator Program!


In an effort to engage Web3 sub-communities and bring them into the ApeCoin DAO ecosystem, the Governance Working Group is delegating some serious $Ape voting power to five communities this fall, allowing them to cast their coins on Ape Improvement Proposals and get a feel for $Ape!

 

“THE DELEGATE ACCELERATOR PROGRAM IS LIVE & APPLICATIONS ARE OPEN,” the Governance Working Group tweeted last week. “It's time to onboard diverse communities, expand voting power, and reward growth. Join us in exploring new governance innovations and decentralizing the ecosystem! A quick TLDR recap on #ApeCoinDAO Delegations: Delegations are tools of governance & decentralization that give you the option to share voting power with a trusted community WITHOUT any APE actually changing hands.”

 




In total, five communities, whether already part of the $Ape ecosystem or new to the DAO, will be delegated 175,000 $Ape worth of voting power and get to vote alongside $Ape holders each voting cycle.


Delegate Accelerator communities will also earn $Ape for themselves by participating in the DAO and will receive special attention from the GWG to get them all in on $Ape!


“Told y’all the #ApeCoinGWG be cookin,” Governance Working Group Steward AllCityBAYC tweeted. “Nice seeing this one come together. Great job @KapitalCrypto @Tobi_ShotgunExcited for this.”

 

As the Bored Ape Gazette previously reported, the ApeCoin DAO approved of the creation of a Delegate Accelerator Program back in May 2024 as part of the Goverance Working Group's 2024 budget.




The window for communities inside and outside the DAO to apply for the Delegate Accelerator Program is currently open, and everyone has until next Wednesday, August 14th, to submit their applications. For more information, check out the Governance Working Group’s website here: https://gwgdelegateaccelerator.notion.site/f2948360e9334399952595f6b30e5bf1?v=b61f4879620e49c9b851b9f1e5da2cd4


The Bored Ape Gazette will continue to follow the Delegate Accelerator and will let you know which five communities take part in the program. Stay tuned for updates!

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