TechFlow news, according to the Snapshot page, ApeCoin DAO passed a proposal on October 17 with a high approval rate of 98.02% to "dissolve four non-essential working groups," including the Governance, Marketing and Communications, Metaverse, and Web3 Development working groups.
The proposal noted that these four working groups incur nearly $3 million in annual costs for the DAO, yet demonstrate low operational efficiency. Meanwhile, the ApeCoin Foundation's funds are rapidly depleting. To alleviate financial pressure, the proposal recommends outsourcing the relevant functions to third-party teams. Specific measures include:
-
Immediately disband the aforementioned four working groups and settle all outstanding payments to affected personnel.
-
Recruit third-party teams through a Request for Proposal (RFP) process that meet standards of transparency and accountability to take over the responsibilities previously handled by the working groups.
-
Prohibit the creation of new DAO-funded working groups under the current charter.
-
The ApeCoin Foundation will manage and coordinate the third-party teams selected via the RFP process, ensuring they fulfill their duties and achieve specific Key Performance Indicators (KPIs) and Objectives and Key Results (OKRs).
