APECOIN DAO OFFICIALLY FAVORS REMAINING WITHIN ETHEREUM ECOSYSTEM

Last updated: June 19, 2025, 18:26 | Written by: Marc Andreessen

The question of where ApeCoin (APE), the digital asset intrinsically linked to the Bored Ape Yacht Club (BAYC) ecosystem, should reside has been a hot topic within the Web3 community.Scaling challenges experienced during the Otherside metaverse land minting event brought this debate to the forefront.Should ApeCoin stay on Ethereum, explore Layer-2 solutions, or perhaps even migrate to a completely different blockchain?This pivotal decision was placed in the hands of the ApeCoin DAO, the decentralized autonomous organization governing the ApeCoin ecosystem, empowering APE holders to exercise their democratic rights.The DAO initiated an official proposal on May 2nd, sparking intense discussion and ultimately leading to a community vote with significant implications for the future of ApeCoin. ApeCoin DAO officially favors remaining within Ethereum ecosystem The ApeCoin DAO has issued a vote of confidence for Ethereum, stating the belief that ApeCoin should remain on the network for the foreseeable future.This article delves into the details of the proposal, the voting process, the reasons behind the decision, and what it means for the ApeCoin ecosystem moving forward. ApeCoin DAO officially favors remaining within Ethereum ecosystem The final votes reveal that 53.62% of ApeCoin participants want to remain on Ethereum for the mid-term future. NFT NFT has beenThe outcome? The ApeCoin DAO has just concluded voting on a proposal suggesting that ApeCoin stays in the Ethereum ecosystem. And despite an unexpected pushback from a handful of Ape token whales, the result shows that more community members favored this proposal as ApeCoin is poised to remain in the Ethereum landscape, at least for the time being.A strong, albeit narrow, indication that the ApeCoin community believes its future, for now, lies within the Ethereum ecosystem. Following a six-day snapshot voting period, the final results narrowly reveal that 53.59% of ApeCoin participants advocate to remain on Ethereum for the mid-term future, with 7.1 million APEThis decision, however, doesn't preclude future explorations of Layer-2 solutions to address scalability and efficiency.

The ApeCoin DAO Proposal: A Crossroads for the Ecosystem

The ApeCoin DAO proposal, officially dubbed AIP-41 (ApeCoin Improvement Proposal), represented a critical juncture for the ApeCoin project. We the ApeCoin DAO believe that, at least for the time being, ApeCoin should remain within the Ethereum ecosystem, and not migrate elsewhere to an L1 chain or sidechain not secured byIt directly addressed the concerns regarding Ethereum's scalability and transaction fees, particularly relevant in light of the high demand surrounding the Otherside land mint.The proposal presented three potential paths for ApeCoin:

Remain on the Ethereum mainnet.
Transition to a Layer-2 scaling solution built on Ethereum.
Migrate to an entirely different Layer-1 blockchain or a sidechain.

The debate was fierce, with valid arguments presented for each option.While migrating to a different Layer-1 or sidechain might potentially offer lower transaction fees and faster speeds, it also carried significant risks, including security vulnerabilities and potential fragmentation of the ApeCoin community.

Understanding the Key Considerations

The DAO meticulously weighed several factors before arriving at a decision. We the ApeCoin DAO believe that, at least for the time being, ApeCoin should remain within the Ethereum ecosystem, and not migrate elsewhere to an L1 chain or sidechain not secured by Ethereum. The total votes of the proposal equated to 3.8 million for and 3.3 million against a 53.59% split.These included:

Security: Ethereum's robust security model was a major draw.
Decentralization: Maintaining a high degree of decentralization was paramount.
Community: Keeping the ApeCoin community unified was a top priority.
Scalability: Addressing the scalability limitations of Ethereum was crucial.
Transaction Fees: Reducing high transaction fees was essential for wider adoption.

The proposal acknowledged the existing scaling challenges within the Ethereum network but emphasized the potential of Layer-2 solutions to mitigate these issues without compromising security or decentralization.

The Voting Process and the Outcome: A Close Call

The ApeCoin DAO voting process is a testament to the power of decentralized governance. ApeCoin DAO, a governance system serving the democratic rights of ApeCoin (APE) holders a digital asset tied to the Bored Ape Yacht Club ecosystem published an official proposal on May 2APE holders were given the opportunity to cast their votes, weighted by the number of APE tokens they possessed. I ApeCoin DAO taps Arbitrum tech stack to expand APE ecosystem invezz.com; ApeCoin DAO gives thumbs up to .APE top-level domains cointelegraph.com; ApeCoin DAO officially favors remaining within Ethereum ecosystem cointelegraph.com; OpenSea freezes $2.2M of stolen Bored Apes cointelegraph.comThe voting period lasted for six days, allowing ample time for community members to research, discuss, and make informed decisions.

The results were surprisingly close, highlighting the diverse opinions within the ApeCoin community. Explore ApeChain, a Layer 3 blockchain built for the ApeCoin ecosystem combining Ethereum security, Arbitrum scalability, and a culture-first design to power gaming, NFTs, and onchain identity.Ultimately, the proposal to remain within the Ethereum ecosystem narrowly prevailed:

For: 3.8 million votes (53.59%)
Against: 3.3 million votes (46.41%)

This slim margin underscores the importance of continued dialogue and collaboration within the ApeCoin DAO.While the majority favored staying on Ethereum, the significant number of dissenting votes cannot be ignored. We the ApeCoin DAO believe that, at least for the time being, ApeCoin should remain within the Ethereum ecosystem, and not migrate elsewhere to an L1 chain or sidechain not secured by Ethereum. The total votes of the proposal equated to 3.8 million for and 3.3 million against a 53.59% split. This outcome is not entirely definitive, andIt signals the need to address the concerns of those who advocated for alternative solutions.

Analyzing the Voter Breakdown

While the final vote tally provides a clear indication of the overall sentiment, understanding the breakdown of voters is equally important. ApeCoin DAO, a governance system serving the democratic rights of ApeCoin holders a digital asset tied to the Bored Ape Yacht Club ecosystem published an official proposal on May 2 to debate whether the asset should remain on Ethereum, transition to a layer-2 alternative, or perhaps explore the possibility of chain migration.Examining the distribution of votes across different APE holder categories (e.g., small holders, whales) can provide valuable insights into the underlying motivations and priorities.

Reports suggest that a handful of large APE token holders (""whales"") pushed back against the proposal.However, the majority of community members, including smaller holders, ultimately favored remaining within the Ethereum ecosystem. Addressing scaling concerns during the minting of lands on the Otherside metaverse, the ApeCoin DAO has voted to remain on the Ethereum network and may focus on layer-2 solutions instead.This suggests a strong belief in the long-term potential of Ethereum and a willingness to explore Layer-2 solutions to address its limitations.

Why Ethereum?Understanding the Rationale

The decision to remain within the Ethereum ecosystem, despite the known challenges, was driven by a combination of factors. ⚡ Curated Crypto Currency News ⚡Crypto Speaks To Me does not claim that curated content will be read with 100% accuracy.You can find the original post at: htThe primary considerations included:

Security and Trust: Ethereum is the most established and secure blockchain platform, providing a robust foundation for ApeCoin and its ecosystem.
Network Effects: Ethereum boasts a vast and thriving ecosystem of developers, tools, and applications, offering unparalleled opportunities for integration and collaboration.
Decentralization: Ethereum's decentralized nature aligns with the core values of the ApeCoin DAO, ensuring transparency and community control.
Layer-2 Potential: The emergence of Layer-2 scaling solutions offers a promising path towards addressing Ethereum's scalability limitations without compromising security or decentralization.

The ApeCoin DAO recognizes that Ethereum is not without its drawbacks.However, the potential benefits outweigh the risks, particularly when considering the long-term vision for the ApeCoin ecosystem.

Addressing Ethereum's Scalability Issues

One of the most significant criticisms leveled against Ethereum is its scalability limitations.High transaction fees and slow transaction speeds can hinder user experience and limit the potential for mass adoption.To address these concerns, the ApeCoin DAO is actively exploring Layer-2 scaling solutions.

Layer-2 solutions, such as Optimism, Arbitrum, and zk-rollups, operate on top of the Ethereum mainnet, providing faster and cheaper transactions.These solutions leverage various techniques to offload transaction processing from the main chain, while still benefiting from Ethereum's security and decentralization.

By embracing Layer-2 solutions, the ApeCoin DAO aims to create a more scalable and efficient ecosystem, enabling wider adoption and enhanced user experience.Indeed, ApeCoin DAO is tapping Arbitrum tech stack to expand the APE ecosystem.

The Future of ApeCoin: Layer-2 and Beyond

While the current decision favors remaining within the Ethereum ecosystem, it does not preclude future explorations of alternative solutions. ApeCoin DAO, a governance system serving the democratic rights of ApeCoin holders a digital assetThe ApeCoin DAO remains committed to continuous improvement and innovation, and it will continue to evaluate new technologies and opportunities as they emerge.

The focus on Layer-2 solutions is expected to intensify in the coming months. 我们 ApeCoin DAO 认为，至少在目前，ApeCoin 应该留在以太坊生态系统中，而不是迁移到没有以太坊担保的L1链或侧链。提案的总票数为380万赞成，330万反对，占53.59%。这一结果不完全是决定性的，可以在三个月的宽限期内提交新的建议，进一步审议。The ApeCoin DAO will likely explore various Layer-2 options, conducting thorough research and testing to identify the best fit for the ecosystem.This may involve:

Partnering with existing Layer-2 providers.
Developing custom Layer-2 solutions tailored to the specific needs of the ApeCoin ecosystem.
Conducting community votes to determine the preferred Layer-2 approach.

The ultimate goal is to create a seamless and scalable experience for APE holders, enabling them to participate fully in the ApeCoin ecosystem without being constrained by high transaction fees or slow transaction speeds. ApeCoin MUST remain within Ethereum, or within an L2 scaling solution that is secured by the Ethereum blockchain. While this proposal makes no such recommendation for ApeCoin other than remaining on Ethereum, it does not preclude subsequent AIPs from suggesting a move to an L2 scaling solution secured by Ethereum.Furthermore, ApeChain, a Layer 3 blockchain combining Ethereum security, Arbitrum scalability, and a culture-first design to power gaming, NFTs, and onchain identity is under exploration.

Potential Challenges and Considerations

The transition to Layer-2 solutions is not without its challenges.Some potential hurdles include:

Technical Complexity: Implementing and integrating Layer-2 solutions can be technically complex, requiring specialized expertise.
User Adoption: Encouraging users to adopt Layer-2 solutions may require educational resources and incentives.
Fragmentation: Splitting the ApeCoin ecosystem across multiple Layer-2 solutions could lead to fragmentation and liquidity issues.
Security Risks: While Layer-2 solutions are generally considered secure, they are not immune to vulnerabilities.

The ApeCoin DAO must carefully consider these challenges and develop strategies to mitigate them.This will require a collaborative approach, involving developers, community members, and industry experts.

What This Means for APE Holders: A Practical Guide

So, what does this decision mean for you as an APE holder?Here's a practical guide to help you navigate the evolving ApeCoin ecosystem:

Stay Informed: Keep up-to-date with the latest news and developments within the ApeCoin DAO. ApeCoin DAO s proposal on its future on the Ethereum ecosystem sees 53.62% of voters choose to remain. Cointelegraph on LinkedIn: ApeCoin DAO officially favors remaining within EthereumFollow official announcements, participate in community discussions, and engage with the project on social media.
Explore Layer-2 Solutions: Familiarize yourself with Layer-2 scaling solutions and their potential benefits.Consider experimenting with different Layer-2 platforms to gain a better understanding of their capabilities.
Participate in Governance: Exercise your right to vote on ApeCoin DAO proposals. ApeCoin DAO officially favor to remain within Ethereum ecosystem cointelegraph.comYour voice matters, and your participation can help shape the future of the ecosystem.
Secure Your Assets: Always prioritize the security of your APE tokens. We the ApeCoin DAO believe that, at least for the time being, ApeCoin should remain within the Ethereum ecosystem, and not migrate elsewhere to an L1 chain or sidechain not secured by Ethereum. The total votes of the proposal equated to 3.8 million for and 3.3 million against a 53.59% split. This outcome is not entirely definitiveUse strong passwords, enable two-factor authentication, and store your tokens in a secure wallet.
Be Patient: The transition to Layer-2 solutions may take time.Be patient and supportive as the ApeCoin DAO navigates this process.

By staying informed, actively participating in the community, and taking proactive steps to secure your assets, you can help ensure the long-term success of the ApeCoin ecosystem.

The Broader Implications for the NFT Space

The ApeCoin DAO's decision has broader implications for the NFT space as a whole. We at ApeCoin DAO believe that, at least for now, ApeCoin should stay in the Ethereum ecosystem instead of migrating to L1 chains or sidechains that are not secured by Ethereum. The total number of votes for the proposal was 3.8 million in favor and 3.3 million against, accounting for 53.59%.It underscores the importance of scalability and efficiency in driving mainstream adoption of NFTs.As more and more people enter the NFT market, the need for faster and cheaper transactions becomes increasingly critical.

The ApeCoin DAO's commitment to exploring Layer-2 solutions serves as an example for other NFT projects.By embracing these technologies, the NFT space can overcome its current limitations and unlock its full potential. ApeCoin DAO officially favors remaining within Ethereum ecosystem The final votes reveal that 53.62% of ApeCoin participants want to remain on Ethereum for the mid-term future. NFT NFT has been published on Sport Crypto NewsThis is especially relevant given other news such as OpenSea freezes $2.2M of stolen Bored Apes, highlighting the importance of a secure ecosystem.

The Rise of DAOs in NFT Governance

The ApeCoin DAO's governance model is also noteworthy.It demonstrates the power of DAOs in empowering NFT holders and fostering community-driven decision-making.As the NFT space matures, DAOs are likely to play an increasingly important role in shaping the future of individual projects and the broader ecosystem.

By decentralizing governance and giving NFT holders a voice, DAOs can promote transparency, accountability, and community ownership.This can lead to more sustainable and resilient NFT projects that are better aligned with the needs and interests of their users.

Common Questions About ApeCoin and Ethereum

Let's address some frequently asked questions about ApeCoin's relationship with Ethereum:

Why was there a vote to begin with? The vote was initiated to address concerns about Ethereum's scalability and high transaction fees, especially after issues during the Otherside land mint.
What are Layer-2 solutions? Layer-2 solutions are technologies built on top of Ethereum to improve transaction speed and reduce fees without compromising security.
Does this mean ApeCoin will *never* leave Ethereum? No, the current decision is for the foreseeable future.The DAO can re-evaluate its position and vote on alternative solutions in the future.
How can I participate in future ApeCoin DAO votes? You need to hold APE tokens and participate in the voting process through the official ApeCoin DAO platform.
Where can I learn more about ApeCoin and the ApeCoin DAO? Visit the official ApeCoin website and join the community channels on Discord and Twitter.

Conclusion: A Strategic Choice for the Future

The ApeCoin DAO's decision to officially favor remaining within the Ethereum ecosystem represents a strategic choice for the future of the project.While the vote was close, the outcome signals a strong belief in Ethereum's long-term potential and a willingness to explore Layer-2 solutions to address its limitations.

This decision is not a final destination but rather a stepping stone on a journey towards a more scalable, efficient, and community-driven ApeCoin ecosystem.By embracing Layer-2 technologies and fostering active participation within the DAO, the ApeCoin community can navigate the challenges ahead and unlock the full potential of APE and the Bored Ape Yacht Club universe.

Key takeaways:

The ApeCoin DAO voted to remain on the Ethereum blockchain.
Layer-2 scaling solutions are being explored to address Ethereum's limitations.
The decision reflects a belief in Ethereum's security and network effects.
Community participation in governance is crucial for the future of ApeCoin.

Stay tuned for further updates and announcements from the ApeCoin DAO as it continues to shape the future of APE and the broader NFT landscape.Consider participating in future AIPs.Your vote can help determine the direction the project takes.