Yuga Labs looks to replace ‘unserious’ ApeCoin DAO with new ApeCo entity
Article
Authors
Ezra Reguerra
Publish date
June 6, 2025
Publisher
Cointelegraph
Web URL
https://cointelegraph.com/news/yuga-labs-aims-to-replace-apecoin-dao-with-apeco
Referenced by
Yuga Labs aims to replace ApeCoin DAO with ApeCo
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Yuga Labs is pushing to overhaul the ApeCoin ecosystem with a proposal to shut down the ApeCoin decentralized autonomous organization (DAO) and replace it with a new management entity called ApeCo.
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The proposal outlines a termination of the DAO governance system, including eliminating all governance rights held by tokenholders, nullifying previous AIPs and dissolving working groups and elections.
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