A new proposal in the ApeCoin community intends to create APE DEX
May 14th, 2023

The new proposal of the ApeCoin community intends to create APE DEX, which plans to realize the decentralized exchange of ERC-20 tokens supported by multi-asset pools. These asset pools will earn LP fees from market-making and swap fees. The core functions will include Use APE to reward LP providers. The deadline for voting on the proposal is May 18, and the current proportion of negative votes has reached 86.49%, while the proportion of support is 13.51%.

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