AIP-5 Staking Proposal - Discussion

I shared my thoughts about this in another post. And I very much agree with Garga. It goes as:

We love BAYC, MAYC, and BAKC. But there is something important being constantly forgotten:

Apecoin DAO isn’t Yugalabs, nor is it run by Yugalabs and Yugalabs has no responsibility for Apecoin DAO as they stated.

We need educated people about that first to move forward.

Furthermore,

The notion of giving staking opportunities to BAYC, MAYC, and KAYC is an unfair toll on Apecoin DAO.

The %15 airdrop was a fair headstart but Apecoin DAO shouldn’t be subjected to carrying BAYC, MAYC, and KAYC holders through its entire existence.

It is now a decentralized entity that is gifted to the community to run, it can & should rhyme with Yugalabs values and incentives although it shouldn’t constantly supplement it.

Disclaimer: I only hold $APECOIN, so there is a little bit of principal-agent problem there.

So, I would love to hear the opinions of BAYC and MAYC holders.

The link is here: AIP 4/5 Discussion Space - #3 by fiyu

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