Apecoin News

June 15th: The ApeCoin decentralized autonomous organization (DAO) has sparked tension among ApeCoin holders due to the six-figure salaries awarded to its Special Council members. Recently, Twitter users questioned the leadership compensation after an organizational chart with monthly salaries was shared. Concerns were raised about the large salaries for Special Council members, with some arguing that the value they provide is not proportional. Others defended the salaries, considering them fair compensation for high-end roles. The discussion continues, with suggestions for re-evaluating salaries and emphasizing contributions within the DAO for leadership positions.

May 29th: ApeCoin is entering Phase 2 of the nomination process for the ApeCoin Foundation Special Council and Governance Working Group Steward candidates. Community members can engage with the nominees on the ApeCoin Discourse platform until June 11th.

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