The APECOIN community proposal AIP-393 to stake 2.5 million APE in the DEFI protocol CYAN faces high opposition rate.

APECOIN community has initiated proposal AIP-393, planning to stake 2.5 million $APE tokens in the CYAN APECOIN STAKE treasury of the DEFI protocol CYAN. The tokens will be held until the end of the staking period, at which point all $APE tokens will be returned to the DAO. Additionally, CYAN will share 50% of the staking revenue with the DAO. The voting for this proposal will conclude on April 4th at 9:00 AM. Currently, the number of votes against the proposal far exceeds the number of votes in favor, with an opposition rate of 78.96% and a approval rate of 21.04%.