This is an asset created according to the ERC-20 standard on the Ethereum blockchain. He plays the role of a token manager within a decentralized organization and the APE Foundation. Digital currency is also actively used to promote the concept of the metaverse. The coin is associated with the BAYC NFT collection. The developers claim that the currency will be used for the following purposes: encouraging users to be active in the system, optimizing costs, the ability to manage (voting rights), to pay for services, applications and goods.

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The ApeCoin DAO Treasury Dashboard is live.

AIP-267 created a “treasury” tab on https://t.co/ttG2UFt9Bu, providing transparency on the size of the DAO treasury, and the rate of DAO spend.

Note that the monthly outflows on the dashboard include the ApeStake contract, which is by…