The ApeCoin DAO Governance Working Group (GWG) is pleased to announce the Delegate Accelerator Program. This initiative aims to onboard and integrate diverse communities into the ApeCoin ecosystem by offering delegated APE voting rights to expand active and functional delegations: further decentralize voting power, providing education and training for efficient and effective delegation operations, and implementing incentive models to reward communities for their growth and contributions.
The ApeCoin DAO faces the challenge of expanding delegations beyond the initial BAYC/MAYC communities, who received airdropped ApeCoin, and launch partners, such as Animoca. To address this, the GWG will proactively share the value proposition of becoming an ApeCoin Delegation and offer incentives to encourage new delegations, even for those communities that need to purchase ApeCoin to participate.
The Delegation Program is envisioned to become integral to the new ApeCoin Charter, where new innovations in Governance, such as On-Chain Voting using Tally on ApeChain is being explored, and following best practices from leading global DAOs.
To enable communities to actively participate in ApeCoin governance by enhancing their influence and voting power with the program’s matching fund, providing comprehensive education and support for operating a delegation, and incentivizing activity with access to the Bespoke Cross-Community Grants.
See Program Incentives for more details.