ApeCoin Community Approves $25,000 Incentive for Smart Contract Developers

04/09/2023 06:53 • Metaverse Matters • 122 views

According to reports, the ApeCoin community has approved a proposal to provide a 6000 APE (approximately $25000) incentive for smart contract developers codeislight. eth. It is reported that codeislight. eth has developed a gas optimization solution for pledge contracts, which can save APE pledge users a lot of gas fees and funds every day. According to Dune Analytics data, 179.14 ETH fees have been saved so far (with a value of over $300000 at current prices), It is expected to save over 1500 ETH fees in the next three years. It is reported that the proportion of affirmative votes in this vote is 65.87%, the proportion of abstaining votes is 33.23%, and the proportion of opposing votes is nearly 0.9%.

The proposal to provide 6000 APE incentives for codeislight. eth was approved by the ApeCoin community

Introduction

The ApeCoin community has recently approved a proposal to provide a $25,000 incentive for smart contract developers codeislight.eth. This incentive is aimed at rewarding codeislight.eth for developing a gas optimization solution for pledge contracts, which can save Ape pledge users a significant amount of gas fees and funds every day.

Saving Ape Pledge Users Gas Fees and Funds

With the pledge contracts on the ApeCoin platform, gas fees can be a costly expense for users. This is where the gas optimization solution developed by codeislight.eth comes in, saving Ape pledge users a lot of gas fees and funds every day. According to Dune Analytics data, this solution has saved 179.14 ETH fees so far (with a value of over $300,000 at current prices), and is expected to save over 1500 ETH fees in the next three years.

Approval by the ApeCoin Community

The ApeCoin community was given the opportunity to vote on the proposal to provide a $25,000 incentive for codeislight.eth. The proportion of affirmative votes was 65.87%, the proportion of abstaining votes was 33.23%, and the proportion of opposing votes was nearly 0.9%. The approval of the proposal by the ApeCoin community highlights the importance of saving gas fees and funds for Ape pledge users.

Conclusion

In conclusion, the approval of the incentive for codeislight.eth by the ApeCoin community is a major step forward for the platform. With the gas optimization solution developed by codeislight.eth, Ape pledge users can save a significant amount of gas fees and funds every day. The proposal is also a demonstration of the community’s commitment to improving the platform for all users.

FAQs

1. What is ApeCoin?
ApeCoin is a cryptocurrency platform that incorporates blockchain technology to provide a decentralized finance ecosystem for its users.
2. What are pledge contracts?
Pledge contracts on the ApeCoin platform allow users to earn rewards by staking their ApeCoin tokens in a pool.
3. How does codeislight.eth’s gas optimization solution work?
Codeislight.eth’s gas optimization solution reduces the amount of gas fees paid by Ape pledge users, resulting in substantial savings in funds for users.

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