I try at my small level to give as much information as possible to the Apes of the community to which I belong.
I wanted to focus recently on “all about ApeCoin”: current supply, maximum supply, timelock, …
In particular, I wanted to insist on the ApeCoin DAO which interests me more particularly, and in particular the treasury funds which have been and will be allocated to the DAO in the years to come.
Here are the informations I was able to find:
As of November 2022, it is currently circulating: 361,250,000 $APE
In March 2026, all coins will have been issued: 1,000,000,000 $APE
Regarding the ApeCoin DAO, a total of 470,000,000 is allocated for the “Treasury” or 47% of the total Supply, used for:
- staking (170 000 000 $APE)
- operating costs (DAO Council among others)
- funding for projects. (through the many AIPs)
Of these 470,000,000 $APE, 117,500,000 $APE were released when it was launched.
The remaining 352,500,000 $APE is released at 7,343,750 $APE / month for the following 4 years.
However, important information, if not the most important, is missing:
“How much $APE do we currently have in the Treasury ?”
This may vary depending on the “unlocks” each month, operating costs, voted AIPs that require funds,…
I tried to find the answer but it seems more than tedious because there seem to be multiple wallets with 4,600,000 $APE each (or less for some)
I understand the interest of multiplying the number of wallets for security reasons, but wouldn’t it be possible to reference them in a simple way for visibility reasons ?
So my idea would be:
Integrate a live counter of the ApeCoin DAO funds, which would be visible on the ApeCoin DAO website.
What use would that be?
Allow to know for example when an AIP claims funds, if it is too engaging, reasonable, and have a medium/long term visibility!
Subsequently, could there not be a page on the ApeCoin site that allows you to identify all expenses to have a clear and readable history:
- AIP-333 payment
- AIP-444 payment
Thank you for reading and looking forward to helping out.
Proposals submitted to the AIP Ideas category can be vague, incomplete ideas. Topics submitted here are not required to be submitted as a formal AIP Draft Template, however, you may still use the template if you wish.