Abstract
This is the on-chain executable proposal to fund the Delegation Incentives Program, already approved by ENS governance via Snapshot ([6.31] Delegation Incentives Program). It transfers 90,000 ENS and 5 ETH from the DAO treasury to the MetaGov stewards multisig, which will manage distribution over the program’s three monthly rounds.
The program is ready to launch:
- Start date: July 1st, 2026
- Duration: 3 months (three monthly distribution rounds)
- Launch campaign: Planned (redelegation campaign with sponsored gas via
delegateBySig, plus a visibility campaign). - Website: Live.
Motivation
ENS is safer when voting power sits with active delegates rather than idle wallets. This 90-day pilot pays viewpoint-neutral incentives to active delegates and their delegators, using time-weighted balances, per-recipient caps, a 1 ENS minimum payout, and a lottery for sub-1 ENS amounts. Full program design, reward formulas, and guardrails are specified in the approved Snapshot proposal.
- Funding: 90,000 ENS, managed by the MetaGov stewards for distribution. Actual usage scales with results and can range from 15,000 to 90,000 ENS. Any remainder is returned to the treasury after the program ends. 5 ETH is transferred to sponsor gas on delegations, votes for the long term.
- Distribution: Monthly, claimless transfers executed by the MetaGov multisig, with public snapshots, data, and distribution files published each round.
Specification
90,000 ENS tokens + 5 ETH sent to MetaGov multisig.