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ApeCoin & the death of staking - Cobie

cobie.substack.com · 3,170 words · saved by 1 readers

Recently, I was contacted by a member of the board of ApeCoin, which is the BAYC token’s equivalent of a board of directors I guess. They asked for some feedback on some proposal and I offered my thoughts on a call. I wanted to write about some of the things discussed openly, since I thought they were interesting topics, but particularly because they were topics that “coin voting governance” is extremely poorly suited to properly solving.

ApeCoin & the death of staking Cobie Apr 21, 2022 542 58 4 Share Recently, I was contacted by a member of the board of ApeCoin, which is the BAYC token’s equivalent of a board of directors I guess. They asked for some feedback on some proposal and I offered my thoughts on a call. I wanted to write about some of the things discussed openly, since I thought they were interesting topics, but particularly because they were topics that “coin voting governance” is extremely poorly suited to properly solving. Before I start: I don’t own any ApeCoin, nor am I short ApeCoin, I have owned BAYC at times

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