Implementation Update | AIP-436: Enhancing Financial Decision-Making with Voting of 69% for Allocations over US $250,000

AIP Name: AIP-436: Enhancing Financial Decision-Making with Super Majority Voting of 69% for Allocations over US $250,000

Implementation Status: Pending

Implementation Date: N/A

Author: @capetaintrippy

Proposal Description: This AIP proposes a modification to the ApeCoin DAO’s decision-making process by requiring a super majority vote for any proposal that involves spending or allocating more than USD two hundred fifty thousand dollars ($250,000) of DAO resources. A super majority, for the purposes of this AIP, is defined as at least 69% of the total number of tokens cast during voting in favor of the proposal without consideration of any abstained votes. In the case of proposals with funding requests designated in $APE (or any other non-USD denomination), a USD-value determination must be made during the review period prior to the voting phase, and to be clarified for the community under the Overall Cost section of the relevant proposals.

This passing of this proposal would constitute a material change to AIP-1 (notably Phase 7 of the AIP Process) and AIP-2 .

Overall Cost: 0 ApeCoin

Related AIPs:

Timeline Updates:

Interview Q&A: