The ApeCoin community voted to approve a million-dollar bug bounty program, and the staking system may go live on November 24

2022-11-03 13:56:54

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ChainCatcher news, according to the official announcement, the ApeCoin DAO community has voted to approve the proposal AIP-134 to establish a bug bounty program for the APE staking system smart contract. The launch date of the APE staking system will be postponed until after the bug bounty program ends. The proposal author stated that the bug bounty program will last for about 3 weeks, so the staking system may go live on November 24, and staking rewards distribution will begin on December 7.

In addition, the proposals for "Special Committee Member Nomination Procedure" AIP-137 and "Special Committee Member Election Procedure" AIP-138 have been approved by the ApeCoin DAO, and the ApeCoin Foundation will soon release a nomination announcement.

ChainCatcher previously reported that on October 30, the ApeCoin DAO community initiated an AIP draft, proposing a million-dollar bug bounty program. The proposal suggested using treasury assets to fund $1 million in APE to support the bug bounty program and collaborate with Llama to design, implement, and run these programs. (source link)

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ApeCoin APE community proposal

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