ApeCo would initially allocate specific assets to staking and transition costs before absorbing the DAO’s full treasury

Quotes that support claims

Under the plan, ApeCo would first top up the staking contract with 11.25 million APE ($8.3 million), reserve 10 million APE for legal and transition costs, then swallow everything else in the Foundation treasury — from tokens and domains to smart contracts. All active governance powers, working groups and future AIPs would be removed if the proposal is passed.