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Yuga Labs Proposes Dismantling ApeCoin DAO

Calling the DAO plagued by 'unserious governance theater,' Yuga CEO Greg Solano is proposing its shutdown and transfer to a new entity established by Yuga.
Yuga Labs Proposes Dismantling ApeCoin DAO
Bankless Bankless
Jun 6, 2025 • 0 min read
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Yuga Labs has proposed disbanding ApeCoin DAO due to governance inefficiencies, aiming to replace it with a streamlined entity named ApeCo.

What’s the Scoop?

  • Proposal for Change: Yuga Labs, creator of Bored Apes, plans to replace ApeCoin DAO with a new governance entity named ApeCo.
  • Motivation: The move seeks to eliminate governance hurdles hampering ecosystem growth and refocus specifically on three primary projects.
  • Governance Shift: ApeCoin DAO’s current setup faces criticism for inefficiency, prompting this proposal for a fundamental restructuring.

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