Bulls on the Block

ABSTRACT

The following is a proposed guidelines and clarity for the how ApeCoin DAO is to conduct a Request for Proposals (henceforth known as RFP).

The recent ApeChain RFP has brought forth a need to adequately explain the conditions and rules governing how an RFP is to be conducted, under what circumstances, and what the voting structure is.

BENEFIT TO APECOIN ECOSYSTEM

As best understood, there have been three executed RFPs in ApeCoin DAO History:

• An RFP in response to AIP-21 and AIP-22, in which Horizen Labs was selected.
• An RFP for selecting a Cayman Islands Administrator as a result of AIP-196 that was approved and explicitly stated that it would perform said RFP.
• The ApeChain RFP. While the RFP retroactively had the ApeChain Poll/Vote to decide if the ApeChain RFP vote would proceed, it still carried the same weight of whether the ApeChain RFP vote would proceed.

It was during the ApeChain RFP that the community realized that we do not have a proper framework and a understanding of the RFP process and that needed to change. As such this AIP is designed to inform the community and those who wish to pursue an RFP the steps necessary to conduct one.

OVERALL COST

The overall cost for this proposal is expected to be zero.

As noted in the Steps to Implement, in the event of an accepted RFP Recommendation, the Foundation would be required to set aside the requested maximum budget (as specified in the “Budget Range” of the RFP Recommendation). Any excess funds not ultimately awarded to the accepted vendor are to be returned to the Treasury.

PROPOSAL

Link to the full proposal: https://forum.apecoin.com/t/aip-401-guidelines-for-request-for-proposals-rfp/21510

The AIP implementation is administered by the Ape Foundation. Implementation may be immaterially or materially altered to optimise for security, usability, to protect APE holders, and otherwise to effect the intent of the AIP. Any material deviations from an AIP, as initially approved, will be disclosed to the APE holder community.

IMPORTANT NOTE: The BOTB DAO Snapshot is a mirrored version of the ApeCoin DAO Snapshot. BOTB Holders may cast their vote via BOTB DAO Snapshot. All BOTBs are encouraged to thoroughly understand the proposal prior to casting votes in order to make neutral and well-informed decisions.