After a week of deliberation, ApeCoin DAO has decided that $APE will remain on the Ethereum blockchain. The main reasons for this decision are complexity, security and cost.
Otherside Metaverse
During the NFT launch of the Otherside metaverse in April, Yuga Labs talked about the need for a scalable chain as gas prices skyrocketed. Since then, there has been debate about how this could happen and how best to manage it.
User BAYC 2491 submitted a proposal on why the project should stay on Ethereum, and the proposal was accepted with a 53.62% affirmative vote.