A whale address released 1 million APE from pledge 2 hours ago and transferred it to Binance
On November 1st, according to Scopescan monitoring, a whale address released 1 million (1.33 million dollars) APE tokens from pledge and transferred them to Binance 2 hours ago.
It is worth noting that this address bought and pledged APE tokens 4 months ago when the price was $2.2. If sold on Binance today, this transaction would confirm a loss of 40%.
ApeCoin DAO opens voting on the proposal to “reduce the remuneration of special committee members by 50%”
According to the Snapshot page on October 20th, ApeCoin DAO community has initiated a proposal to "reduce the salary of special committee members by 50%" (from 20,833 ApeCoin per month to 10,417 ApeCoin per month), which will end on October 26th.
In this proposal, ApeCoin DAO stated that this adjustment will apply to all future terms detailed in AIP-137 and AIP-138, and only affect special committee members elected after the implementation of this proposal. From a financial perspective, DAO is expected to save up to 104,165 ApeCoin per month.
Huang Licheng Bought a Total of 4.73 Million APE Since August 2
Lookonchain monitoring shows that Machi Big Brother (Huang Licheng) has been buying APE almost every day since August 2, and has purchased a total of 4.73 million APE. He spent 1,761 ETH and 52,000 USDC to buy 2.24 million APE, and extracted 2.5 million APE from Binance.
A Whale Address Withdrew 1.37 Million APE From Binance, and Once Hoarded APE, It Lost 74%
According to Look on Chain data on October 17th, a whale address withdrew 1.37 million APE coins (worth approximately $1.49 million) from the Binance platform 40 minutes ago.
It is worth noting that this address had purchased 540,000 APE coins on Binance and DEX between January 24th and May 8th this year at an average price of $4.28, worth $2.33 million at the time. Currently, this transaction is at a loss of $1.74 million (-74%).
Animoca Brands transferred 2 million APE to the Mocaverse entrusted address
On October 16th, Animoca Brands transferred 2 million APE tokens to the Mocaverse delegation address, giving the Mocaverse community a voting power of 3.5 million APE tokens, second only to Huang Licheng in the ApeCoin DAO.
FLOW, APE, AXS, and ID Tokens Will Unlock Approximately $87.89 Million at Once This Week
According to Token Unlocks data, FLOW, APE, AXS, and ID tokens will be unlocked at once from October 16th to October 22nd. Specifically:FLOW token will unlock 7.29 million tokens (approximately $3.23 million USD), accounting for 0.7% of the circulating supply, at 08:00 on October 16th;<br>APE token will unlock 15.6 million tokens (approximately $16.66 million USD), accounting for 4.23% of the circulating supply, at 08:00 on October 17th;<br>AXS token will unlock 15.13 million tokens (approximately $64.59 million USD), accounting for 11.5% of the circulating supply, at 21:10 on October 20th;<br>ID token will unlock 18.49 million tokens (approximately $3.41 million USD), accounting for 6.46% of the circulating supply, at 08:00 on October 22nd.
Yuga Labs: BAYC Has Paid Part of the APE and Will Therefore Receive an Additional 150,000 APE Rewards
According to Spencer Tucker, the Chief Gaming Officer of Yuga Labs, "Bored Ape Yacht Club" (BAYC) has paid Yuga Labs Gaming a portion of APE (specific amount not disclosed) and will launch a new account. After receiving the APE funds, Yuga Labs will provide an additional reward of 150,000 APE to the top 10 finishers on the Rift Boss leaderboard. In addition, Spencer Tucker stated that they will further optimize game development based on community feedback and opinions.
ParaSpace’s Proposal Initiated by ApeCoin DAO To “Allow ApeCoin Pledged in the ParaSpace Protocol To Still Have Voting Rights” Was Voted Through
As displayed on the Snapshot governance page, the proposal "Allow ApeCoin staked in ParaSpace protocol to retain voting rights" initiated by ParaSpace, an NFT lending protocol, in the ApeCoin DAO community, has been approved with a 89.01% approval rate.
ApeCoin Community’s New Proposal AIP-252 to Create an Independent Grant Fund Outside the DAO Failed
According to Snapshot information , the ApeCoin community has launched a new proposal, AIP-252, which aims to create an independent grant fund outside of the DAO. If approved, the fund will use the Ethereum Foundation's delegated domain capital allocation model to distribute a total of $1 million worth of APE tokens to community builders over the next two quarters to accelerate the development of the AP ecosystem. According to the final voting results, the proportion of opposing votes was 99.61%.
ApeCoin Proposal AIP-289 Passed, Will Launch Themed Community Mascot
According to Snapshot information, AIP-289, a new proposal initiated by the ApeCoin community, was approved with a 61.68% approval rate, allowing for the launch of a community mascot based on "apes/monkeys." It is reported that the proposer of this proposal is AnnieRawrz, the designer of the ApeCoin Thankape art competition entry "Apekin," but it is not yet confirmed whether "Apekin" will be the official mascot of the ApeCoin community.
