Profile of Doug in ApeCoin
Posts by Doug
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Maybe disallow delegation of votes for more decentralisation?
by Doug - No Role
Posted on: July 22, 2022, 2:58 p.m.
Content: You realize disallowing delegations increases centralization. Users delegate to delegates that share the same vision as them. Participating in governance is extremely time intensive which is why the average apecoin holder is likely best off delegating to someone they know will participate in governance actively. Having a diverse set of delegates is the way to go.
Likes: 2
Replies: 0
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Set up a monthly community call
by Doug - No Role
Posted on: July 22, 2022, 2:05 p.m.
Content: Strengthening our community and governance structure is critical to our success, therefore I think it’s necessary we have a monthly roundup where Delegates, community members and builders can get together and discuss the current happenings in the ecosystem, often times with governance lack of clarity and understanding can lead to no progress being made which isn’t productive for any of us. I’m open to suggestions if monthly is to frequent or infrequent. I look forward to catching up with you all.
Likes: 9
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AIP-84: Wagmi Merch - A platform for exclusive secondary NFT merch & collectibles commerce
by Doug - No Role
Posted on: July 20, 2022, 10:38 a.m.
Content: Should ask around the community and find some fellow apes that can help you deliver on this. Having a POC or early stage product always helps with grants.
Likes: 3
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AIP Informational Proposal: Ape Into Your Free NFT (Powered by Immutable X & Kolex)
by Doug - No Role
Posted on: July 20, 2022, 10:30 a.m.
Content: Very cool thanks for throwing this together :beers:
Likes: 1
Replies: 0
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AIP-82: Building APE DAO medical center
by Doug - No Role
Posted on: July 19, 2022, 6:49 p.m.
Content: I’m sorry but I don’t understand how this proposal would even be feasible.
Likes: 3
Replies: 0
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AIP-83: Proposal for ApeFi to receive ApeCoin token Grant - Ecosystem Fund Allocation
by Doug - No Role
Posted on: July 18, 2022, 6:58 p.m.
Content: Lots of us remember seeing the Twitter spaces, they have been building this out of pocket and would be able to do so much with this grant. i imagine they would add various products and features which would benefit everyone.
Likes: 2
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AIP-83: Proposal for ApeFi to receive ApeCoin token Grant - Ecosystem Fund Allocation
by Doug - No Role
Posted on: July 18, 2022, 6:56 p.m.
Content: Wish you would be a bit more professional on this forum. As a ape holder i think its important we support apes building within the community. being able to utilize ApeUSD is a far better option than outsourcing and using Binance to borrow off of your Ape. Competition remains a key factor in driving growth and i think Apefi’s team is more than capable of capturing market share in the lending market. i also think a Stable coin will be needed in the future here and ApeUSD fits the bill on that one, very similar to DAI the way is collateralized. another thing this grant will go towards incentivizing Ape.fi users encouraging more ApeUSD to be minted and gives Apecoin holders a way to collect interest on their assets.
Likes: 2
Replies: 2
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- furiousanger: Unfortunately I think you are misinformed - holding an ape has nothing to do with their proposal or the apefi system - lending is proposed for apecoin only, not for NFTs.
Anyway, my concerns are legitimate and I still await answers/responses from the team who is proposing.
BTW - thanks for taking the time to post for the first time and welcome to the forum [as I see you joined two hours ago].
[NB: There are several platforms which will lend on your ape NFT and I can share those with you if you’d like - send me a direct message and ill fire the info over, as we are straying off topic here.]
- 0xSword: I agree completely that we should support Apes building. I think that’s a big part of how the DAO can power new ideas. Especially because they have an existing team w/ a reputation in the community. I remember hearing “We want to bring the DeFi guys to Apecoin” in Spaces and getting excited.
I’ve also spent some time checking out the website. I like UI, the navigation is simple. It’s a brandable project that could advertise on digital billboards in the metaverse. I see a lot of potential!
Especially because ApeUSD is already live, we want to see it be stable & able to grow. There are recent examples of some Stablecoins destabilization & its important that ApeUSD never be one of them. I think the team made a smart decision to follow the DAI & Maker DAO model for this.
