New proposals meeting the required AIP guidelines will be launched on Snapshot in batches every Thursday at 9pm ET, with voting available upon launch. Voting for each proposal will be open for 6 days, closing on the following Wednesday at 9pm ET.
ApeCoin holders may only vote in favor of or against a live AIP.
Voting in favor signifies being in support of implementing the AIP as is. Voting against signifies being in disagreement of the AIP as is and can be used to encourage the AIP author to make changes and resubmit their proposal.
ApeCoin holders have the right to vote and also the ability to delegate their vote.
Furthermore, the number of votes will be equal to the number of ApeCoin held inheld by in your wallet by the beginning of the voting period (Thursday at pm ET). ApeCoins acquired after the proposal went live on Snapshot will not be casted for vote.
1 ApeCoin = 1 vote.