ENS DAO Newsletter #66 — 07/30/24

estmcmxci · July 30, 2024, 12:42pm

ENS DAO Newsletter #66 - 7/30/2024

Welcome!

Welcome to the ENS DAO Newsletter:

New editions — published bi-weekly (Tuesdays)
Previous editions are archived on the ENS DAO Archive.
New proposals are broadcast to Telegram.
ENS DAO Dashboard is now available for public review.
Submit feedback — tell us what to feature!

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Newsletter Roundup (tl;dr)

ENS Labs: ETHCC Recap, Bitwise offers subnames
Community: Etherscan expands ENS support, ENS in Coinbase Ad
Meta-Gov: Voting Results, Endowment H1 Report
Ecosystem: Project Presentations, Service Provider Updates
Public Goods: Large Grants Series, DAO Tokyo

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Calendar

Refer to the ENS DAO Calendar for ENS DAO working group calls and other events.

Calendar: Public Access / Access with Gmail

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Term 5 Proposals

The Term 5 Dashboard, managed by the Meta-Governance Working Group, provides updates and summaries of DAO governance and initiatives. Regularly check it for the latest developments.

Proposal	Type	Discussion	Status
Upgrade DNSSEC support	Executable	Open	Executed
Commence Streams for Service Providers	Executable	Open	Executed
Determine ENS Labs’ next steps in eth.link litigation	Social	Open	Passed
Funding Request: Meta-Governance Working Group (1H)	Social	Closed	Rejected
Funding Request: Public Goods Working Group (1H)	Social	Open	Passed
Funding Transfer: Public Goods Working Group (1H)	Executable	Open	Executed
Enable Self-Funding for the Endowment	Executable	Open	Executed
Security Council	Social	Open	Passed
ENS Steward Vesting Proposal	Social	Open	Passed
Funding Request: Meta-Governance Working Group (1H)	Social	Open	Passed
Confirming the ENS DAO Security Council	Social	Open	Passed
Funding Request: Meta-Governance Working Group	Executable	Open	Executed
Roles Modifier V2 Migration	Executable	Open	Executed
Security Council	Executable	Open	Executed

Note: A minimum of 100 $ENS is required to submit executable proposals. Once a proposal gains momentum, the stewards will prioritize it for a vote during the designated voting window. See our Governance Docs for more information. To view the real-time distribution of voting power among delegates, visit votingpower.xyz.

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ENS Labs Updates

ENS Stats: June 2024

In June 2024, the ENS Protocol registered 20.1k new .eth domains, bringing the total to 2.045 million. The protocol generated revenue of 986k USD equivalent during this period, all of which were allocated to the ENS DAO. The number of Ethereum account holders with at least one ENS name increased by 15.8k, totaling 886k. There were 14.3k primary ENS names set, making the overall count 865k. Additionally, 5k new avatar records were created, reaching a cumulative total of 179k. ^{— 1}

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ENS Labs Announces ENSV2

ENS Labs has announced plans for the ENSV2 upgrade, aiming to enhance decentralization, reduce gas costs, and improve multi-chain interoperability. The new registry system will offer better control and customization for users.

They have also introduced a technical design document, which outlines the design and implementation of ENSV2.

The ENS Labs encourages community feedback . You can view the full proposal here and leave technical feedback here.

For more details, visit the ENS Blog. ^{— 05.28.24}

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‘Decentralized Web’ Documentation Now Live

Luc.eth has announced the launch of a new “Decentralized Web” documentation page, which is the beginning of the dWeb section on the ENS Docs site. This draft document provides an introduction to hosting a decentralized website using ENS. Luc.eth is seeking feedback and suggestions from the community to improve the content. To view the draft and provide your input, visit the Decentralized Web documentation. ^{— 05.28.24}

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ENS Subgraph Migration

The ENS subgraph has completed migration to The Graph Network. This integration enhances data accessibility and efficiency for ENS users. For more details and to explore the subgraph, visit The Graph Explorer. ^{— 05.31.24}

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ENS Rebranding Unveiled at ETHCC

ENS Labs revealed its new brand identity at their ETHCC Rebranding event after over a year of dedicated work. The refreshed identity features an expanded color system with analog roots yet undeniably digital, pathways to navigate the New Internet, and ENS names with a fluent tag. Explore the new ENS at ens.domains. ^{— 07.09.24}

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ETHGlobal Partners with ENS DAO and ENS Labs for 2024 Hackers

ETHGlobal has partnered with ENS DAO and ENS Labs to provide hackers in 2024 with their preferred ENS names, completely free. Starting today, any hacker this year can mint their Web3 username and head onchain.

With the launch of Community Packs, past ETHGlobal hackers can now mint the new Hacker Pack, including an ENS domain. Hackers at any event in 2024 also qualify for their ENS handle.

For more details, visit ETHGlobal’s Hacker Pack. ^{— 07.15.24}

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ENS at EthCC 2024 Recap

ENS Labs unveiled the new ENS rebrand at EthCC 2024, providing attendees with an exclusive look at the revamped website and distributing new branded merch. They hosted an unconference to discuss ENSv2 and participated in the ETHGlobal Hackathon, offering prizes and distributing free ENS names to all hackers. ^{— 07.17.24}

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ENS Billboards in Brussels for EthCC Week

ENS took over the streets of Brussels during EthCC week with new billboards promoting decentralized identity. ^{— 07.22.24}

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ENS Collaborates with Bitwise for Ethereum ETF Transparency

ENS has partnered with Bitwise to enhance transparency for their new Ethereum ETF using subnames of ethw.bitwise.eth. Bitwise is assigning subnames to all addresses holding onchain assets backing their ETF, making ETHW the most crypto-native ETF. ^{— 07.23.24}

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ENS Lands on Linea: A New Era of Decentralized Identity

ENS is now live on Linea. This integration simplifies blockchain interactions, enabling Linea users to register and manage ENS names seamlessly. Read more on the ENS Blog. ^{— 07.30.24}

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Top 3 Finalists of ETHGlobal Brussels Hackathon

EVM Actions ($3000)

EVM Actions describes itself as a standard that enables Web3 interactions directly within any Web2 website, including social networks and chat apps. It enhances Web3 accessibility and ease of use, featuring integration with ENS.

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WorldCare ($2500)

WorldCare describes itself as a decentralized platform designed to address global healthcare challenges. Patients register and share medical histories securely, with data stored in a decentralized and encrypted format. The platform integrates ENS and uses stablecoins for secure, anonymous payments. WorldCare supports multiple blockchain networks and utilizes World ID for identity verification and Filecoin for secure data management.

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QUADB ($2000)

QUADB describes itself as a decentralized data management protocol to ensure secure data handling. It utilizes ENS for data organization, Tableland for SQL indexing, and Lighthouse for encrypting and storing data on IPFS and Filecoin. Worldcoin and zkEmail are used for identity verification to prevent sybil attacks, while MACI enables private quadratic voting. These technologies work together to maintain data integrity, accessibility, and user privacy.

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ENS Media Alerts

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Community Updates

Call for Community Feedback

Participate in improving the ENS Ecosystem! Provide feedback on Canny, where members of ENS Labs and Working Group stewards will work to address your submissions. The ENS community can submit feedback in three main categories: Feature Requests, Integrations, and Bug Reports. You can also participate by upvoting or commenting on existing submissions. We’re listening to the community, send your feedback on Canny now.

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Request for Builders

Share updates on projects developing ENS for consideration for inclusion in the newsletter. Submit contributions and describe at least one nifty feature about your project for potential inclusion in the newsletter. Send your contributions here.

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Utopia Labs Enhances Offramps.eth with Personal ENS Subdomains

Utopia Labs has upgraded their offramps.eth service, allowing users to claim personal ENS subdomains like utopia.sendmeusdc.eth. This new feature enables direct USDC transfers to bank accounts through the ENS protocol. Learn more and claim your ENS subdomain at offramps.utopialabs.com. Currently, only Ethereum Mainnet is supported, with more chains to be added soon. ^{— 07.16.24}

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Etherscan Expands Multichain Support for ENS

ENS is now supported on multiple Etherscan block explorers including: Arbitrum, Optimism, Base, Scroll, and Taiko, as spotted by @slobo.eth. This expansion highlights the collaboration with Etherscan, enhancing the utility and accessibility of ENS across various platforms. ^{— 07.16.24}

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ENS Featured in Latest Coinbase Ad

Coinbase’s latest advertisement prominently features an ENS domain, MisterMiggles.eth, showcasing the growing integration and recognition of ENS in mainstream platforms. This highlights the collaboration between Coinbase and ENS to promote decentralized identity. ^{— 07.17.24}

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Fileverse Real-Time Collaboration on dDocs

Fileverse offers real-time collaboration between anons on ddocs.new. This free platform is free from third parties, data capture, and accounts. Recently, they shared a community collab doc during an ENS domains space. Explore the benefits of decentralized collaboration on ddocs.new. ^{— 07.18.24}

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ENS Explained Like I’m Five

Suhail Kakar breaks down the ENS Protocol in a simple, easy-to-understand way. ENS acts like a phone book for the Ethereum blockchain, allowing users to send and receive cryptocurrency using simple names instead of long addresses, create digital identities, and access decentralized websites. This explainer helps users understand how ENS works and its benefits. ^{— 07.18.24}

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Launch of Superchain Identity on Optimism

3DNS Inc and Box Domains have introduced Superchain Identity on Optimism through ‘chain.box’, bridging Web2 and Web3. This new feature integrates DNS subdomains with ENS domains, enhancing the connectivity and functionality of decentralized identities. ^{— 07.19.24}

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Emoji.eth Integrated with GasHawk Savings Calculator

GasHawk has integrated emoji.eth into their savings calculator on gashawk.io. Users can now input their emoji.eth domain to see potential savings on gas fees. This feature aims to enhance efficiency and cost-effectiveness in on-chain transactions. ^{— 07.22.24}

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How Ethereum’s ICO Changed the Crypto Landscape

Cointelegraph featured ENS Founder and Lead Developer, Nick Johnson, in “How Ethereum’s ICO changed the crypto landscape.” Curious about Nick’s thoughts and memories of Ethereum on its 10th anniversary? Read the full article here. ^{— 07.23.24}

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Milestone Achievement for WebHash Templates NFTs

WebHash.eth and the ENS community have reached 2,071 WebHash Templates NFTs minted. These NFTs represent decentralized website templates, showcasing the creativity and innovation of the community. Congratulations to all creators and supporters involved in this achievement. ^{— 07.23.24}

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3DNS Tokenizes Over 20K DNS Domains

3DNS has successfully brought over 20,000 DNS domains onchain, marking a significant milestone in domain tokenization. This achievement highlights the growing adoption and integration of DNS domains within the blockchain ecosystem. ^{— 07.24.24}

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ENS DAO Stewards discuss ETHGlobal Subnames Activation

DAO stewards @simona_pop and @slobo.eth joined ENS radio to discuss their collaboration with ETHGlobal, which offers 2024 ETHGlobal event hackers the chance to mint or renew free ENS domains. This initiative, supported by the Public Goods and Ecosystem Working Groups, aims to streamline the registration process for developers. Hackers can claim their free web3 username through the Hacker Pack. For more details, visit ETHGlobal Packs and listen back to the Space here. ^{— 07.24.24}

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Good Bread by Greg Event on Base

Greg registered his ENS name, goodbreadbygreg.eth, specifically for the Good Bread by Greg event on Base. This onchain bakery offers bread orders to be picked up in NYC. Learn more at goodbread.nyc. ^{— 07.25.24}

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Spotted: NameGuard Updates

NameHash Labs developed NameGuard to enhance ENS protection and usability. NameGuard conducts a 12-point inspection to identify risks and limitations of ENS names, defends against impersonation attacks, and filters fake ENS NFTs. New features include ENS auto-renewal, webfont support, and a profile completion score to boost engagement. These updates ensure a secure and efficient user experience in the web3 ecosystem. For more details, visit: NameGuard. ^{— 07.29.24}

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Working Group Bulletin

Term 5 Lead Working Group Stewards + Secretary Appointment

Appointments:

Meta-Governance – @5pence.eth
ENS Ecosystem – @slobo.eth
Public Goods – @vegayp
DAO Secretary - @limes

The responsibilities of the Lead Stewards & Secretary are set out in Rule 9.8 and Rule 9.9 of the Working Group Rules.

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ENS DAO Working Group Schedule (2024):

Working Group	Time	Schedule	Location
Meta-Governance	1pm UTC	Tuesday	Google Meet
Ecosystem	4pm UTC	Thursday	Google Meet
Public Goods	5pm UTC	Thursday	Google Meet

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Q2 2024 Working Group Spending Overview

The Q2 2024 ENS DAO Working Group Spending Summary reports a total expenditure of $693k across all groups.

Working Group	Amount (USDC)	Amount (ETH)	Purpose
Ecosystem	370,018	0.67	Bug bounties, hackathons, grants, and events
Meta-Governance	153,905	0	Compensation, DAO tooling, and bylaw drafting
Public Goods	108,500	15.5	Grants and hackathons

For more details, visit read the Working Group Spending Summary.

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Meta-Governance

The Meta-Governance Working Group provides governance oversight and support for working group operations through DAO tooling and governance initiatives.

Meeting Minutes:

Meeting Info:

Tuesdays · 1:00 – 1:45pm UTC
Meeting Link

Term 5 Meta-Governance Stewards:

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Shape the Future with ENS DAO

Want to shape the future of the decentralized web? Participate in the ENS DAO! As an ENS token holder, you can influence the ecosystem, vote on and support innovative projects, propose ideas, and collaborate with the community. Learn more about the governance process here and get started with the ENS DAO Dashboard here.

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ENS DAO on Tally

The new ENS DAO homepage on Tally is now live, offering a sleek and comprehensive interface for DAO governance. Head to tally.ensdao.org to explore and participate in the governance process.

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June 2024 Financial Report

The June 2024 financial report for ENS presents a positive financial outlook.

Financial Overview:

Revenue > Cash Burn by 2x, Runway: 193 months
Revenue $2.6m, vs. $2.5m last month
Cash Inflow: $1.0m
Normalized Cash Burn: $.7m Reserves: $136m (ETH: 122M, USDC: 14M)
Total Endowment: $92.8M, P&L: -$5.3M (ETH mark-to-market)

Review the full report prepared by @Steakhouse here. ^{— 07.01.24}

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June 2024 Endowment Report

The June Endowment report is now available on Karpatkey’s Website. This report provides a detailed overview of the endowment’s finances and allocations. A high-level overview is made available below for reader’s convenience:

Balance Overview:

Total funds in the endowment: $100,226,939
Capital utilization: 100%
Monthly DeFi results: $348,232

Review the full report prepared by @Karpatkey here.

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Voting Period Results

[5.11] [Executable] Fund the Meta-Governance Working Group (Term 5)

Vote: Tally
Results: 89.77% Approval
Transaction: Executable Code
Status: Executed

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[5.12] [Executable] Roles Modifier V2 Migration & Updates to Endowment Permissions

Vote: Tally
Results: 48.41% Approval
Transaction: Executable Code
Status: Executed

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[5.13] [Executable] Security Council

Vote: Tally
Results: 99.90% Approval
Transaction: Executable Code
Status: Executed

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EP5.13 Security Council Results

EP5.13 for the Security Council garnered significant interest, attracting 322 voters—the highest turnout for an onchain proposal this year, marking a 232% increase over the previous proposal. Despite a slightly lower voting power of 1,429,972 compared to the annual average, this proposal highlights the importance of increased voter participation, driven mainly by lower-power voters. A notable 88.48% of the voting power came from the top 10 voters. For detailed analysis and data, visit the EP5.13 Security Council Proposal and this brief explanation provided by @snowdot.

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Open Kanban Board

@estmcmxci initiated a discussion using a Kanban board to showcase various initiatives and their current status within the ENS DAO Meta-Governance. The goal is to establish a cadence for scheduling key events and steward changeovers.

Participants are encouraged to leave notes and feedback directly in the FigJam board. For further discussion or questions, you can reach out to estmcmxci on Telegram.

Check out the Kanban board here.

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Karpatkey’s H1 2024 Review for the ENS Endowment

Karpatkey has released the H1 2024 review for the ENS Endowment, detailing the progress and performance of the endowment over the first half of the year. The report covers key metrics, achievements, and future plans for the endowment, providing transparency and insights into its management and growth. Read the full report here.

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Ecosystem

The Ecosystem Working Group strengthens the ENS Protocol by facilitating developer relations, identifying and funding high-potential projects that enhance ENS, and bolstering support for ENS-aligned initiatives overall.

Meeting Minutes:

Meeting Info:

Thursdays · 4:00 – 5:00pm UTC
Meeting Link

Term 5 Ecosystem Stewards:

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Weekly ENSIP Updates

@Premm.eth announced the move of the ENSIP process into a formal process in the GitHub repository. Community members are encouraged to provide feedback or get involved by contacting @nxt3d on X. A well-attended meetup at ETHCC discussed these developments. Check out the GitHub repository here.

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Project Highlights

Nick Lionis presenting a hack from ETHGlobal

QUADB revolutionizes decentralized data management with structured namespaces, fine-grained access control, encryption, and decentralized storage. It uses tokens and private quadratic voting for fair distribution to the best datasets. Key features include visualization of ENS names and subnames, the ability to encrypt and decrypt data without onchain transactions, and private voting with quadratic funding. Learn more at QUADB | ETHGlobal.

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Nameful Presentation

@alextnetto.eth presented ‘Nameful’, a project aimed at simplifying domain registration. Users can choose where to store domain data and customize their profile while waiting for confirmations. Currently, Nameful uses an offchain resolver, but the standard can be implemented by any gateway. The test site is available here.

The company behind the app, Blockful, is working on an ENSIP and will integrate feedback from ETHCC. The final spec will be available in the ENSIPs repository. Check out the Blockful Roadmap. For more details, visit Nameful and ERC-5559

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Service Provider Updates

Blockful.eth Highlights H1 2024 Achievements

Blockful.eth has announced the successful completion of several projects in the first half of 2024. Highlighted in their recent Mirror.xyz post, Blockful’s advancements are a testament to their team’s dedication. More details are available in their H1 2024 summary on Mirror.xyz.

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EFP Service Provider Report Q1/Q2 2024

The Ethereum Follow Protocol (EFP) detailed its use of ENS DAO service provider streaming funds for Q1 and Q2 of 2024. Transparency and accountability are emphasized. The financials show $205,745.85 in income from ENS DAO streams and $61,954.39 in expenses. Progress includes nearing the launch of main components and ongoing development. Full report and details on the Forum.

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NameStone Q2 Update

NameStone has been funded by ENS DAO for over five months. The Q2 update covers platform statistics, the launch of ENSPro, a collaboration with Columbia GSB, and the upgrade of TeamNick to an EVM gateway. For more details, read the full report here.

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Namespace Q2 Update

Namespace has published its latest quarterly report, showcasing progress in user adoption, new partnerships, and feature enhancements on its ENS-based platform. The report emphasizes continued growth and innovation in decentralized identity solutions. Read the full report here.

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Public Goods

The Public Goods Working Group supports the greater Ethereum ecosystem by identfying and funding open-source development.

Meeting Minutes:

Meeting Info:

Thursdays · 5:00 - 5:45pm UTC
Meeting Link

Term 5 Public Goods Stewards:

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ETHMexico Update

ETHMexico has secured funding from the perpetual Public Goods bounty, ensuring continuous support for valuable initiatives. Leading up to the main event in September, several community-supported events are planned. Notably, Public Goods steward @vegayp is slated to be the keynote speaker at the upcoming ETHMexico conference.

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Astral.Global Presentation

John Hoopes presented Astral.Global, which offers open-source tools for location-based apps on the decentralized web, enabling a new vertical to emerge. They are developing a location proof protocol and a spatial registry/database that supports multiple geographic feature types. For more details, check their docs.

Their Logbook allows users to register location proofs and attach evidence to prove they are not spoofing their location. Astral.Global aims to create functionality that can do everything in one line of Solidity. They are applying for a large grant and are seeking feedback.

For more information, visit them on:

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Large Grants Articles Update

Leticiaferraz.eth has recently completed writing 8 articles focusing on the purpose and impact of large grants, how the funds are used, and the technology involved. This series covers the Q4 2023 grantees. For detailed insights, you can read the articles on the ENS DAO Grants page. Additionally, feedback is welcome on the forum post regarding the large grant winner articles, which can be found here.

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DAO Tokyo Update

The Public Goods Working Group will be sponsoring and be present at ETH Tokyo, supporting the hackathon and judging from August 23-26. For more information, visit the ETH Tokyo website.

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Resources

ENS DAO offers several resources for understanding and participating in its ecosystem.

ENS DAO Basics: Details the ENS DAO, including voting and governance.
Support Docs: Provides guidance on registration, renewals, and development aspects.
Governance Docs: Offers additional insights into governance structure.
ENS Agora: Governance hub for proposal review and voting.
Give Feedback: Feedback platform where users share input to improve ENS.
ENS Repository: The ENS Protocol’s main Github Repository.

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Thank you very much for reading! Goodbye.