ApeCoin DAO, a governance system serving the democratic rights of ApeCoin holders — a digital asset tied to the Bored Ape Yacht Club ecosystem — PubliziertOn May 2, an official proposal will be made for the debate on whether the asset should stay on or transition to a level-2 alternative.

BAYC 2491 (also known as ASEC) wrote the ApeCoin Improvement Proposal (AIP), titled “AIP 41: Keep ApeCoin in the Ethereum ecosystem.” He drew inspirations from several incidents including the stormy Otherdeed and the subsequent Yuga Labs response.