Vol. I, No. 1 Monday, August 31, 2026 ApeCoin — Governance Rights Report
Executable rights. Machine-readable determinations.

Probity Institute

ApeCoin — Governance Rights Report

Verdict

ApeCoin

APE — Governance Rights Report
Tier 5 S4 — Token-to-Equity Conversion Assessment as of 2026-10-01
GSA-1 fail GSA-2 fail GSA-3 fail GSA-4 fail GSA-5 fail GSA-6 fail GSA-7 fail GSA-8 fail

Why this rating: Voted itself out of existence (AIP-596, 99.19% approval) — APE is now ApeChain gas with all token-holder rights extinguished under ApeCo (Yuga Labs). DISSOLVED (S4 exit — ApeCo extinguishment cousin): AIP-596 nullified all governance rights, zero consideration; Historical GSA-3 partial (ApeChain gas burn) recorded as fail per whitespace-map index treatment

Where to Vote

Proposal History

ProposalTitleOutcomeClosed
0x8c9d5d3c92… AIP-596: Sunsetting the DAO and Launching ApeCo — A New Operating Model for ApeCoin. Passed June 26, 2025
0xcbfb5f45be… AIP-571: Ape 2025 TikTok Shop Takeover Closed April 3, 2025
0xdf4067fc67… AIP-557: APE Universe- Lhasa Villa base & APE Universe Forum in Lhasa Closed March 20, 2025
0x151c9c0919… AIP-550: ApeSites - A Tool for BAYC Communities to Create Customized Websites Closed March 20, 2025
0xb732d60fcf… AIP-529: Development and Enhancement of APE-BOT Discord Tipping Bot Closed February 20, 2025

History from the Institute scanner and the 2026-08-31 recheck pulls (Snapshot Hub GraphQL / OpenSquare). Outcomes marked from recheck determinations where the proposal is named; otherwise the recorded state is shown.

Metrics

Curated metric — next quarterly update. On-chain revenue, treasury, and distribution-enforcement reads are not yet wired for this DAO's space in the Institute's state files; the quarterly re-assessment cycle will populate this block.

Structure & History

Structure: S4 — Token-to-Equity Conversion.

S1-S5 protocol business structure taxonomy, as-of 2026-08-27 (structure taxonomy date); scores as-of 2026-10-01 (first scored 2026-07-23; quarterly recheck #2, cycle 2026-08-31 -> 2026-10-01)

S4 transitions explained: Where a determination record references an S4 structure or flag (S4-pending, S4 exit, structure-s4-consummated), the token-to-share transition states and their treatment are described in the public explanatory note: /docs/s4-transitions.md.

2026-08-31 recheck verdict: UNCHANGED.

Stale-risk & dormancy notes

Assessment flags