After the Special Council approves an AIP for a DAO vote, it’s time for the DAO to decide whether the proposal will be adopted. Voting is done via Snapshot, where one ApeCoin is equal to one vote, cast either “in favor” or “against”. The voting period lasts for 6 days, from Thursday at 9PM ET until the following Wednesday at 9PM ET. Results are viewable on Snapshot and are usually also posted on the ApeCoin Twitter.
If the DAO rejects a proposal, the author may initiate a resubmission process. If a proposal passes, the Foundation begins work on implementation. The time to implement an AIP depends on the specifics of an AIP. Any new AIPs that conflict with a passed AIP may not be proposed until 3 months have passed since implementation.
Don’t forget that at the end of the day, the DAO’s governance is designed to be adaptable. The Foundation has already heard a number of ideas to improve upon this process, including those shared at our Twitter Spaces on June 1st. If any parts of this process don’t sound right to you and there’s something you think we can improve upon, please submit an AIP on process. If you’ve made it this far in the post, you’ll know exactly how to do this and what your next steps should be!