ON THE BALLOT:This AIP Offers A Path Forward After The Cartan Group's Renewal Was Rejected
Updated: Dec 30, 2022
The last Ape Improvement Proposal of 2022 will have a huge impact on the future of the ApeCoin DAO going into the new year.
A lot has been happening at the ApeCoin DAO over the last few weeks, from three new Special Council members being elected, to the Cartan Group’s proposal to renew its administrative contract with the DAO being rejected. It certainly has been anything but boring around the swamp!
As things currently stand, VeratheApe, Gerry, and BoredApeG will begin their terms on the Special Council on January 1st, 2023, and the Cartan Group’s contract with the DAO will end December 31st, 2022.
With so much uncertainty about what happens next after the Cartan Groups contract expires, a group of roughly 25 ApeCoin DAO contributors have come together to write an AIP that offers a path forward.
This AIP titled, “BORED AIP: Bringing Order and Reliability via Ecosystem Decentralization,” is designed to provide a plan for the next two months and help push the DAO towards a decentralized future, according to its authors.
“The expiration of the APE Foundation’s administrator contract for the second time in 2022 has magnified the need to develop internal capabilities and avoid reliance on any external resource that could result in a single point of failure in the DAO,” AIP-196’s lead author Badteeth wrote. “This AIP represents progress over perfection – the only thing possible in this messy and amazing world of decentralized governance we love.”
In AIP-196, Badteeth and the other authors lay out three key problems that the DAO is currently facing after the Cartan Group’s contract renewal was rejected.
“The Problem: 1. Per AIP-113, the current APE Foundation administrator contract expires December 31, 2022,” Badteeth wrote. “2. There is an imperative need to maintain continuity and compliance of APE Foundation operations.3. ApeCoin DAO does not currently have the organizational structure or capabilities to execute any internal operations.”
After Badteeth laid out the problems that the DAO is facing, he and the other authors offered a three-part solution that the community will vote to either accept or reject this week.
“The Solution: 1. Extend contract with current APE Foundation administrator (Cartan Group, LLC.) two months to maintain continuity and compliance,” Badteeth wrote. “2. Implement a transparent Request for Proposals (“RFP”) process to identify future APE Foundation administrators during the extension period (January 1 - February 28, 2022). If necessary, complete handover to future DAO administrator. 3. Form interim working group composed of key DAO stakeholders tasked with developing DAO working group structures and internal capabilities.”
The window to vote on AIP-196 is currently open and $Ape holders will have until January 4th to cast their ballots.
The Bored Ape Gazette is working to bring you more information on AIP-196. Further, the Gazette interviewed Badteeth about his proposal earlier today and is working to get that full Q&A article on the site either tonight or tomorrow. Stay tuned for updates!