ApeCoin Releases Q1 2024 Transparency Report Highlighting Treasury Status

According to Odaily, ApeCoin has released its transparency report for the first quarter of 2024, covering the period from January to March. As of March 31, 2024, the key treasury status includes a holding of approximately 326 million APE, accounts payable amounting to 255,060 APE, and a reserve of 59 million APE for grants. There were no APE inflows during this period, while 1 million APE were used for operational expenses, including 148,627 APE allocated to support community activities. The total foundation grants amounted to 20.6 million APE. Additionally, payments for 20 previously community-approved AIPs and one special council-approved AIP continued as planned. The community also accepted nine additional AIPs, with payment outflows commencing during this period.