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Proposals process

Overview

The life-cycle of most proposals is as follows:

  1. A DAO member puts forward an idea of something the DAO could purchase.
  2. Discussion and agreement / disagreement signalling regarding the idea takes place.
  3. At their own discretion a DAO member with a "Mutant Ape" or "Crazy Ape" role can promote the idea to a discord proposal for the DAO to vote on.
  4. A DAO member with "Crazy Ape" role can create a snapshot vote at any time during this process to take an official APED-token weighted vote.

The above process can be bypassed at the discretion of the Ape Council informal consensus if, for example, a purchase needs to made more quickly than the normal proposals process would allow.

The DAO's snapshot page shows any current and historical proposals

Process steps

DAO members puts forward a purchase idea

Any DAO member can suggest purchase ideas in the #purchase-ideas channel and put forward a case as to why they think a particular purchase is a good idea. Consider discussing the following points:

  • Why you think the purchase makes sense
  • Should we buy single or multiple items?
  • Is the current price attractive or should we make lower offers or wait for better prices?
  • Is this a short term flip or long term hold?
  • Does the asset require any active management?

Discussion of the idea

Discussion of the idea can then take place in the same channel to help DAO members think about the risks / opportunities and form opinions.

Promotion to discord vote

At their own discretion a DAO member with the role "Mutant ape" or "Crazy ape" may create an official discord vote in the #proposals channel. This channel will be restricted to emoji voting on proposals using and :thumbsup: and :thumbsdown:. This is an optional step used to more clearly gauge the position of the DAOs members on a discord proposal.

Promotion to snapshot vote

A DAO member with the "Crazy ape" role can at any time create a snapshot vote which allows all DAO members to vote with their APED token balance proportionately.

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DAO assets

What assets does the DAO own? Quick answer The DAOs NFTs can be view at this zapper bundle link, but you should ignore the “NFTs net worth” value here as this is based on last sale values and not the current market valuation. https://zapper.fi/bundle/togetherstrong.eth,0xfa898efdb91e35bd311c45b9b955f742b6719aa2,0xa7ab7a265f274fa664187698932d3cabb851023d/nft?label=APE%20DAO%20wallets&id=0x4456999744f35112582e50fb86cca22822c3e16f Another tool has been created that lets you filter by collection here: https://apedao-assets.vercel.app/ Longer answer

Nov 8, 2021
APED token

Benefits Owning APED tokens confers: Part ownership of the DAOs assets Governance rights for future purchases and for the functioning of the DAO in general. Access to the private discord server. Many other perks and benefits including priority access to DAO art projects How to value and acquire APED token APED can be purchased on various decentralised exchanges. Dex aggregators such as Matcha and 1inch can find you the best prices, but keep an eye on price and slippage as liquidity is currently low.

Oct 8, 2021
APE DAO

Documentation About APE DAO The DAO's assets APED token The proposals process Discord roles

Sep 19, 2021
Discord roles

DAO member This role is granted to users with 10 APED tokens. It gives access to private channels in discord. A proposal passed to require users to have 250 APED in order to get this role, so the requirement will raise to this amount over time in order to allow users time to accumulate more. Baby ape This role is granted to users with 1000 APED tokens. Currently no special privileges are granted to this role. Mutant ape This role is granted to users with 10,500 APED tokens. This role grants access to #the-ape-council discord channel.

Sep 13, 2021
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