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  • Writer's pictureKyle

ON THE BALLOT: Special Council Member Waabam Wants To Add A Treasury Tab To The DAO's Website

ApeCoin DAO Special Council Member Waabam wants to make it easier for the community to check out the DAO’s treasury by adding a new treasury tab to the website.

Ape Improvement Proposal 267 titled ‘Add ‘Treasury’ tab to,’ is a Process proposal written by Special Council member Waabam.

“The purpose of this proposal is to address a lack of transparency around the size of the ApeCoin DAO treasury and the rate at which treasury funds are being spent,” Waabam wrote. “This proposal requires that the “Treasury” tab include a live counter that tracks the size of the DAO treasury, the amount of the DAO treasury that has been spent, the rate of current spend of DAO funds, and the estimated time when the treasury would be depleted at the current spend rate.”

If passed, AIP-267 will not cost the DAO anything monetarily and can be implemented on the website within 3-4 weeks, according to Waabam.

The window to vote on AIP-267 is currently open and ApeCoin DAO Contributors will have until Wednesday, September 20th, to cast their coins and vote on this proposal.

The Bored Ape Gazette is working to find out more about AIP-267 and will bring you an interview with Waabam on his proposal later this week. Stay tuned for updates!

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