So this is a really good point to highlight rn.
So the bananas bill states 77.5%, or at least suggests that’s the maximum we could enjoy/will be there or thereabouts, I’ll drop the quote at the end. However, yesterday I see SC Mo suggesting we use these funds to forever fund apecoin only auto-staking/native-yield on apechain, will also link the tweet at the bottom.
So this is a big issue for me bc as you see form Lanzer and my back and forth above & my other supportive posts for the new ‘apechain, onchain…’ idea is that making apechain great will equal dao money, now if that’s not the case as they’re planning to rug us basically, then support changes.
I dunno what to believe lately tbh. Just remember that if we fund auto-staking/native yield the money only comes from one place - the 77.5% revenue that the DAO was promised in revenue from ApeChain. Also remember we allocated 175m $ape of the treasury to staking, and many argue this has done nothing except dump price.