Polygon Labs offers ApeCoin DAO $3 million and maintenance support to launch ApeChain on their Ethereum Layer 2 ecosystem.
ApeCoin community remains divided on the proposal due to concerns about Polygon Labs’ communication and claims.
Polygon Labs, the team behind the Polygon Chain Development Kit (CDK), has extended a revised proposal to the ApeCoin DAO to bring the ApeChain project to life on their Ethereum Layer 2 ecosystem. After an initial rejection by the DAO, Polygon Labs is now sweetening the deal with substantial financial incentives and support.
Polygon Labs’ revised proposal, submitted on Friday, January 12, 2024, addresses concerns raised by the ApeCoin community regarding the cost implications of their initial offer. The community had voiced apprehensions about a $200,000 annual maintenance cost and the need to create a treasury to incentivize ecosystem development and support.
Members of @apecoin DAO,
Building a chain with Polygon CDK means joining an ecosystem of ZK
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