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