The proposal for the establishment of the treasury working group charter AIP-242 was not approved

ChainCatcher news, the voting on proposal AIP-242 by ApeCoin DAO has recently concluded, and it was ultimately not passed, with a dissent rate of 56.82%.

Proposal AIP-242 aims to establish the Treasury Working Group charter. This AIP serves as the initial framework for the establishment of this working group. The three elected council members will propose the preliminary budget for the working group within 1-3 weeks after taking office.

It is reported that the main tasks of this working group include: exploring the legal and governance structures that enable ApeCoin DAO to maintain operations and planning; researching and implementing risk assessment and management frameworks; researching and implementing monitoring frameworks to enhance community transparency; requesting funding from the ApeCoin Foundation and determining how to deploy the allocated funds on-chain.