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ApeCoin community initiates a proposal to pledge 2.5 million APEs in DeFi agreement Cyan

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2024-03-31 12:18:20
According to the voting information of the ApeCoin community proposal, the ApeCoin community has initiated proposal AIP-393, proposing to pledge 2.5 million APE tokens in the DeFi agreement Cyan. These APE tokens will be pledged to the Cyan ApeCoin Stack vault until the pledge release period. At that time, all APEs will be returned to the DAO for retention, but Cyan will share 50% of the pledge income with the DAO. It is reported that the proposal will end on April 4th, four days later, with a current approval rate of 21.04%.
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