The ApeCoin community launches a proposal to “stake 2.5 million APE in DeFi protocol Cyan”
According to ChainCatcher news, the ApeCoin DAO community launched a proposal to “pledge 2.5 million APE in DeFi protocol Cyan to the Cyan ApeCoin Stake vault” until the pledge release period, at which time all APE tokens will be returned to DAO for retention, but Cyan will share the pledge income with DAO 50%.
It is reported that the proposal will end at 9 a.m. on April 4, and the number of negative votes currently far exceeds the number of positive votes.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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