I am reviewing another AIP idea that was just posted and will provide my thoughts soon. In the meantime, please take a moment to review.
Initially, it appears that under the REVAMP linked above,
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the ApeCoin DAO would only fund ApeChain related projects,
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an AIP author would need to have 500,000 APE to submit a new proposal and would need to have at least 1,000,000 APE delegated to them before the AIP Idea will move to vote, and
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a 9 member Security Council will oversee the DAO and will be paid $25,000 each annually for the work that they do for the DAO.
Unfortunately, it appears that this REVAMP idea would further centralize the day to day decision making and operation of the DAO performed by contractors without any provision for any transparency to the community. When I first heard that this proposal could be coming, I had honestly hoped that this would not be the case.
Further, it appears that 35% of the current treasury would be allocated to the administrative functions of the DAO. So although this REVAMP idea purports to save the DAO $400,000, that figure does not appear to be completely accurate.