ApeCoin DAO's proposal to establish a community trading market has been approved

Chain Catcher news, the proposal by ApeCoin DAO to establish a community trading market has been approved. The proposal suggests that ApeCoin DAO create a community-first trading market, which will adopt an order book model with aggregation features. For transactions made using APE, there will be no additional trading fees for buyers and sellers, while users placing orders with ETH will incur a certain trading fee. The revenue from trading fees will be managed by the community's multi-signature wallet.

It is reported that this proposal was published by Zach Heerwagen, CEO and co-founder of the NFT project platform solution Snag Solutions. Chain Catcher previously reported that the ApeCoin DAO community rejected a proposal by Magic Eden to build an NFT market for ApeCoin holders.