CoinVoice recently learned that the Snapshot page shows that ApeCoin DAO passed the proposal to "disband four non-essential working groups" with a support rate of 98.02%. The proposal proposes to disband the working groups including the governance working group, the market and communication working group, the metaverse working group, and the Web3 development working group. The proposal points out that these working groups cost the DAO nearly $3 million per year, and their task execution is inefficient.

In addition, the proposal states that the funds of the ApeCoin Foundation are rapidly decreasing. In order to reduce financial pressure, the proposal suggests outsourcing relevant functions to a third-party team and recruiting a team that meets transparency and accountability standards through a request for proposal (RFP) process to optimize the operational efficiency of the DAO. [Original link]