ApeCoin DAO has passed the proposal to dissolve the "Web3 Development, Metaverse, and three other working groups."

ChainCatcher news, the Snapshot page shows that the ApeCoin DAO passed the proposal to "dissolve four non-essential working groups" with a support rate of 98.02%. The working groups proposed for dissolution include the Governance Working Group, the Marketing and Communications Working Group, the Metaverse Working Group, and the Web3 Development Working Group. The proposal points out that these working groups incur nearly $3 million in costs to the DAO each year, while their task execution efficiency is low.

In addition, the proposal states that the funds of the ApeCoin Foundation are rapidly decreasing. To reduce financial pressure, the proposal suggests outsourcing the relevant functions to third-party teams and recruiting teams that meet transparency and accountability standards through a Request for Proposal (RFP) process, thereby optimizing the operational efficiency of the DAO.