Yuga Labs received mixed community feedback to the proposal to dissolve ApeCoin DAO and replace it with ApeCo
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Yuga's latest proposal met with mostly positive feedback in the ApeCoin forum. The proposal has been put to a vote on the forum. It is, however, for checking community sentiment and not an official vote.
Despite the support, not everyone is aligned with the transition. Community member Lanzer objected to the move, calling it “bad optics” for Yuga Labs and its CEO. The user criticized the proposal’s rollout and rejected the idea that the DAO had failed.
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Governance and ecosystem transition
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