ApeCoin Foundation held 326 million coins in the first quarter, with operating expenses of 1 million coins
ChainCatcher news, the ApeCoin Foundation has released the transparency report for the first quarter of 2024. As of March 31, 2024, the main status of the ApeCoin treasury is as follows:
- Total holdings of approximately 326 million APE
- Accounts payable of 255,060 APE
- Grant reserves of 59 million APE
- No APE inflow this quarter
- Outflow of 1 million APE for operational expenses, of which 148,627 APE were used to support community activities
- Total grants from the foundation amount to 20.6 million APE
The report also shows that 20 previously community-approved AIPs (ApeCoin Improvement Proposals) and 1 specially council-approved AIP are being executed as planned for payment. In addition, the community approved 9 new AIPs this quarter and initiated related payments.
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