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The proposal AIP-41 has received 99% votes in favor to keep ApeCoin (APE) within the Ethereum ecosystem and avoid migrating to any L1 chain or sidechain. The The ApeCoin users recently had a say on whether to continue staying on the Ethereum ecosystem, which the community determined via voting. The ApeCoin community has approved the proposal to keep the $APE token on the Ethereum blockchain for now, despite some earlier worries about the high cost of Following the success of Bored Ape Yacht Club [BAYC], Yuga Labs wanted to embrace all things ape. As a result, ApeCoin. Despite the efforts of a few large token holders, over 53% of the ApeCoin DAO has voted to keep the project within the Ethereum ecosystem. Addressing scaling concerns during the minting of lands on the Otherside metaverse, the ApeCoin DAO has voted to remain on the Ethereum networkand may focus on layer-2 solutions The ApeCoin community has voted to stay on Ethereum, by a close margin of 53% in favor. The Hash panel discusses the outcome, along with their thoughts on the Bored Ape Yacht Club

ApeCoin to Stick With Ethereum: Community Votes Overwhelmingly in Favor

The ApeCoin community has spoken! And the message is clear: $APE is staying put on Ethereum. Recent concerns about high gas fees and scaling challenges spurred a crucial vote, but the outcome firmly cements ApeCoin's commitment to the Ethereum ecosystem.

The proposal AIP-41 has received 99% votes in favor to keep ApeCoin (APE) within the Ethereum ecosystem and avoid migrating to any L1 chain or sidechain. This decisive vote demonstrates a strong belief in Ethereum's long-term potential and its established security.

The ApeCoin users recently had a say on whether to continue staying on the Ethereum ecosystem, which the community determined via voting. The discussion around migrating to a Layer 1 chain or sidechain arose from challenges experienced during the launch of Otherside, Yuga Labs' metaverse project.

Following the success of Bored Ape Yacht Club [BAYC], Yuga Labs wanted to embrace all things ape. As a result, ApeCoin. It became a core component of the BAYC ecosystem, used for governance, access, and utility within the community. Now, the community has decided its future lies with Ethereum.

Despite the efforts of a few large token holders, over 53% of the ApeCoin DAO has voted to keep the project within the Ethereum ecosystem. This shows the power of the DAO in action.

The ApeCoin community has approved the proposal to keep the $APE token on the Ethereum blockchain for now, despite some earlier worries about the high cost of transactions. While concerns about gas fees remain, the community seems confident that Layer-2 solutions can address these challenges effectively.

Addressing scaling concerns during the minting of lands on the Otherside metaverse, the ApeCoin DAO has voted to remain on the Ethereum network and may focus on layer-2 solutions. This strategic decision indicates a willingness to explore innovative solutions to improve scalability and reduce transaction costs without abandoning the Ethereum ecosystem.

The ApeCoin community has voted to stay on Ethereum, by a close margin of 53% in favor. The Hash panel discusses the outcome, along with their thoughts on the Bored Ape Yacht Club and the implications of this vote for the future of the ApeCoin project.

The future of ApeCoin appears bright within the Ethereum ecosystem. The community's decision reflects a belief in Ethereum's continued development and its ability to support the growing ApeCoin ecosystem. The focus now shifts to exploring and implementing Layer-2 solutions to ensure a smooth and cost-effective experience for all $APE holders.

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