AIP-2: Voting - Process

HIGLIGHTS:
Submitted by: Cartan Group LLC

SPECIFICATIONS

Assuming the approval of AIP-1, implement Snapshot as the voting mechanism / protocol where:

  • Only ApeCoin token holders may vote

  • Token holders will have the ability to delegate votes

  • New proposals that meet the required guidelines will be launched in batches every Thursday at 9PM ET

  • The voting opens immediately upon launch

  • The voting options for a Live AIP are “In favor” and “Against.” Voting “In favor” means the voter is in favor of implementing the AIP exactly as-is. Voting “Against” means the vote is against implementing the AIP exactly as-is — one may vote “Against” to encourage the author to resubmit the AIP after making changes.

  • The voting for each proposal in each weekly batch will be open for voting for six days, closing at 9PM ET on the following Wednesday

  • Proposals that are approved by the holders of the requisite number of ApeCoin are moved to the APE Foundation for implementation

  • Only moderators can post AIPs to Snapshot because they must ensure that each one has gone through the correct approvals process

https://forum.apecoin.com/t/aip-2-voting-process/41

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