The much-awaited ApeCoin election commenced its first day of voting on Thursday, June 15, at 6 p.m. EST. The election has captured heightened attention and has been amplified by the many daily Twitter spaces<\/a> on the topic. This intense interest stems not just from Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) members but also from those outside these communities who seek to understand the election\u2019s structure and dynamics.<\/p>\n The surge in attention is due in no small part to the recent controversy<\/a> involving the compensation and grants of its Special Council Members. However, not only is the ApeCoin DAO holding an election for Special Council members, but they are also holding another to elect new Stewards. <\/p>\n If you\u2019re not an active member of BAYC or MAYC, a holder of ApeCoin, or simply wish to gain insight into the election\u2019s workings, we worked with ApeCoin DAO secretary Vulkan<\/a> to make things easier to understand. Here\u2019s an overview of what you need to know. <\/p>\n Currently, there are two spots open for Special Council members and two Steward openings. Members elected to the ApeCoin DAO can serve up to two terms at a time. <\/p>\n In November 2022, three council members \u2014 Steinbeck, Bajwa, and Wu \u2014\u00a0stepped down from their roles<\/a>\u00a0in the DAO. After a community vote on January 1, 2023, ApeCoin DAO inducted of BoredApe G, Vera, and Gerry as new council members. The positions currently available are Alexis Ohanian and Yat Siu\u2019s expiring positions. <\/p>\n \u201cAs for WebSlinger, there may or may not be an election for a DAO Administrator in the future,\u201d Vulkan told nft now. \u201cWebSlinger is currently under contract and would have to propose a new contract before their term is up if they want to have it voted on by the DAO.\u201d<\/p>\n Here are the Special Council nominees. There were originally 21 nominees (shown above), but Evil and Houdinifr removed themselves from consideration. Each candidate\u2019s profile, including nomination statement, motivation, and rationale, can be viewed on the official ApeCoin website<\/a>. <\/p>\n The candidates running for Steward are listed here:<\/p>\n Everyone who owns $APE<\/a> will be able to vote. One $APE = one vote. Votes are currently open on the voting link<\/a>. Any ApeCoin purchased after June 14 at approximately 04:15 p.m. +UTC will not be counted<\/a> in Round One of voting.<\/p>\n Those curious about how the election is going can visit Snapshot<\/a> to see which candidates are leading the race. The two green items at the top of the page are for the current Round One elections. <\/p>\n Here are the current top 15 for Special Council at the time of publication:<\/p>\n The bright side \u2728 You know how to be better prepared for when round 2 comes around^^ (June 22-28) pic.twitter.com\/2bvkuxXXmC<\/a><\/p>\nAvailable positions<\/h2>\n
Who\u2019s running?<\/h2>\n
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Who\u2019s eligible to vote?<\/h2>\n
How can I check how the candidates are doing?<\/h2>\n
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Voting period<\/h2>\n
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