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Yuga Labs CEO Greg Solano has criticized the ApeCoin DAO for becoming inefficient and ineffective. The company is proposing a new governance structure to replace the current DAO, aiming to streamline decision-making and boost development.
- Yuga Labs CEO Greg Solano calls the ApeCoin DAO 'slow, noisy, and unserious governance theater.'
- The proposed ApeCo entity aims to replace the current DAO to improve efficiency and focus.
- Solano highlights wasted resources on vanity proposals as a key reason for the overhaul.
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