Now I see the DAO is being asked to approve another 45,000 $ENS to be distributed to stewards over the next six months of part-time work. This is currently valued at $1,003,050 and goes beyond the $294,000 USDC in “base” compensation to stewards for 6 months of part-time work.
I see this new distribution of $ENS has been suggested by the ENS Metagov working group. However, the DAO is only now being asked to approve this expenditure as part of this 5.4.1. social vote that is currently ongoing.
Here’s a summary of what stewards are asking for as compensation for their part-time work over a 1 year period:
| Term | USDC | $ENS | $ENS in USD equivalent | Total USD equivalent |
|---|---|---|---|---|
| Term 4 (6 months) | $276,000 | 40,000 | $891,600 | $1,167,600 |
| Term 5 (6 months) | $294,000 | 45,000 | $1,003,050 | $1,297,050 |
| Grand Total | $2,464,650 |
Not bad for part-time work.