ENS DAO Newsletter #78 — 1/14/25

ENS DAO Newsletter #78 - 01/14/2025

:sunny: Welcome

:newspaper: Newsletter Roundup

  • ENS Labs: dRPC Partnership, Updates on ENSv2
  • Community: ENS Fairy, DAO Security Report, Identity Kit
  • Meta-Gov: Endowment Report
  • Ecosystem: Updates from Labs, ENSIP updates, ENS Metadata Standards
  • Public Goods: Grantee Milestone Update

:date: Calendar

Refer to the official ENS DAO Calendar for meeting links and times. Any other sources are not guaranteed to be accurate. Access the ENS Calendar here.


ENS DAO Term 6 Dashboard

The ENS DAO Term 6 Dashboard is a comprehensive guide to ENS DAO’s governance and activities. It includes key resources such as the ENS DAO Constitution, meeting schedules via the ENS DAO Calendar, and updates through the bi-weekly ENS DAO Newsletter.

The dashboard outlines proposal processes, thresholds for social and executable proposals, governance environments, working group schedules, and details on Requests for Proposal (RFPs) for compensated tasks. It aims to enhance transparency, understanding, and participation within the ENS ecosystem.

:classical_building: Term 6 Proposals

Proposal Bulletin

Details of current proposals will be provided here. For backdated proposals, refer to the the Forum’s Proposal Bulletin for updates and detailed information on each proposal. For detailed governance information, refer to the Governance Documentation.

About Proposals

Proposals are how changes are made to the DAO’s status quo. They can be submitted by anyone meeting the required $ENS thresholds and are voted on by delegates based on their token holdings. If a proposal reaches quorum and passes, it is ratified and implemented.

Proposal Thresholds:

  • 10k ENS: Required for a social proposal — an agreement of the DAO on matters that cannot be enforced on-chain.
  • 100k ENS: Required for an executable proposal — involves smart contract operations executed by DAO-controlled accounts.

:cyclone: ENS Labs Updates

ENS x Linea Partnership Announcement

ENS has partnered with Linea to launch Namechain, leveraging Linea’s Type 2 zkEVM for scalability, cost efficiency, and Ethereum compatibility. ENS on L2 will enhance decentralized naming, profiles, and hosting. Read more.


ENS Labs Hiring

Inspired by the inaugural frENSday in Bangkok? ENS is shaping the future of decentralized identity and is hiring to help build the next generation of the web.

Explore open roles: Apply Now.


ENS Labs Partners with dRPC for CCIP Read Gateways

ENS Labs is teaming up with dRPC to operate trustless CCIP Read gateways, crucial for lowering gas fees and enhancing reliability as ENS transitions to Namechain. These gateways will be globally distributed, decentralized, and privacy-focused.

The partnership includes a pay-as-you-go model, cross-checked results, and nodes running for 90+ chains. ENS Labs will initially fund the setup and operations, with the DAO potentially funding directly in the future.

Launch Date: February 2025

Learn more about dRPC’s cost model and benefits in the full overview.


:busts_in_silhouette: Community Updates

Newsletter Contributions

Submissions for the ENS newsletter are open! Share updates on projects, events, achievements, or community changes for inclusion. Submit your segment here and leaving a comment.


ENS DAO Basics: Your Gateway to Governance

New to the ENS DAO or curious about how it works? basics.ensdao.org is your go-to resource for learning about governance, proposals, and ways to get involved in the ENS ecosystem. Whether you’re exploring ENS for the first time or looking to deepen your participation, this guide provides all the essentials.

Start your journey today: Visit ENS DAO Basics.


Opportunity for Builders: Feedback from Ethereum Core Devs and EF

ENS has recommended an excellent opportunity for builders to showcase their projects and receive feedback from Ethereum Foundation researchers and core developers. This initiative provides a platform for developers building innovative applications on Ethereum to gain valuable insights.

Interested builders can apply here: App Builder Submission.


Updating IPFS Configurations for ENS: Planetable.eth

Planetable.eth has provided guidance on updating IPFS configurations for ENS resolution following recent changes by Cloudflare. Previously, Cloudflare offered free gateway services for Ethereum and IPFS, but as of 2025, these services are no longer available.

The article explains how users can update their IPFS settings to ensure smooth ENS resolution in light of these changes. For detailed instructions, visit the full guide here: Updating IPFS Configurations for ENS Resolution.


ENS Public Goods Builders Grant: Coh3rence

Coh3rence has announced their selection by the ENS DAO Public Goods Builder Grants program to deliver their first course on Regenerative Governance. The initiative aligns with their vision for 2025, which they have declared as the year of #ReGov.

Learn more about the program on the ENS Public Goods Builders Grants platform.


DAO Security Report: Vulnerabilities and Mitigating Controls

A comprehensive analysis of DAO security vulnerabilities and practical controls has been published, funded by the Ethereum ESP grants program and developed in collaboration with Tally XYZ and ENS DAO Service Provider @ethlimo.eth. The report, titled “State of DAO Security: Vulnerabilities & Applicable Controls,” is open-source, project-agnostic, and non-prescriptive.

The research explores common vulnerabilities and provides actionable insights to help DAOs strengthen their security posture.

Check out the full report here: DAO Security Report.


ENS Fairy: Gift an ENS Address

Did you know you can gift an ENS address? ENS Fairy allows users to register an ENS name directly to another address, making it handy for situations where the recipient’s account doesn’t have ETH on mainnet.

Try it out here: ENS Fairy.


Identity Kit: Integrate ENS Names and Profile Pictures

You can now add ENS names and profile pictures to your app using Identity Kit by Paperclip Labs. This feature allows seamless integration of ENS-based identities into your applications.

Check it out here: Identity Kit.


ENS DAO Grants Update: NearX School

The Public Goods Working Group has awarded $32k USDC to NearX School to support blockchain education initiatives. Learn more about this grant and its impact here: NearX: Advancing Blockchain Knowledge in Portuguese.


AI Agent on ENS & IPFS: Powered by EIP-1577

AIWS, the autonomous onchain agent network built on Filecoin, has announced the launch of an AI agent running entirely on ENS and IPFS using EIP-1577. This innovative approach enables IPFS checksum verification of AI metadata and prompts, providing sovereign onchain identity for AI.


:pushpin: Working Group Bulletin

Term 6 Lead Working Group Stewards + Secretary Appointment

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

ENS DAO Working Group Schedule (2025)

Working Group Time Schedule Location
:balance_scale: Meta-Governance 2pm UTC Tuesday Google Meet
:seedling: Ecosystem 5pm UTC Thursday Google Meet
:sunny: Public Goods 6pm UTC Thursday Google Meet

:balance_scale: Meta-Governance

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

Term 6 Meta-Governance Stewards:


ENS Endowment Expansion Proposal

The ENS DAO is exploring a significant Endowment expansion led by karpatkey. Key proposals include:

  • Increase: Add 5,000 ETH for yield-generating opportunities.
  • Optimization: Adjust fee accrual to 25 days.
  • Goal: Ensure self-sufficiency through higher earnings.

December 2024 Endowment Report

Balance Overview:

  • Total funds in the endowment: $99.3m
  • Capital utilization: 100%
  • Monthly DeFi results: $421k

Review the full report prepared by @Karpatkey here.


December 2024 Financial Report

Financial Overview

  • Revenue > Cash Burn, Runway: 120 months
  • Revenue: $2.2m (vs. $1.8m last month)
  • Cash Inflow: $1.2m (vs. $.9m last month)
  • Normalized Cash Burn: $1.1m
  • Reserves: $134m (ETH: 126.3m, USDC: 7.3m)
  • Total Endowment: $100.5m
  • P&L: -$8.3m ($8.8M from ETH M2M)

Review the full report prepared by @Steakhouse here


Coinbase’s Role in Governance

Agora are considering ways to unlock ENS Delegations held by Coinbase to increase governance participation—proposed solutions include an upgrade to the ENS Governor followed by a delegate race.

More: Increasing Voting Supply with Coinbase


:seedling: Ecosystem

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


Term 6 Ecosystem Stewards:


Meeting Minutes:


ENS Labs Updates

ENS Labs is catching up from the recent break and addressing several key tasks. The team is focused on fixing bugs in the manager app and preparing it for ENS v2, currently in the design phase, to streamline future development.

Progress is being made on the ENS v2 contracts, and plans for 2025 events are underway, starting with ETH Denver. Additionally, a bug in Dune and Google Data Studio, which is causing a spike in reported revenue, is expected to be resolved imminently.


Ethereum Name Serive Improvement Proposals (ENSIP) — Updates

The ENSIP GitHub repository is available for review at ENS Improvement Proposals. Community members are encouraged to provide feedback or get involved by reaching out, such as to @Premm.eth on X. Looking ahead, the focus is on improving the ENSIP process throughout 2025, particularly with the implementation of ENSIP 19.


Strengthening ENS Metadata Standards and Ecosystem Integration

Work is underway to establish a metadata standard for creating a registry of agents. The operatorlabs/manifest GitHub repository outlines a lightweight standard for defining AI agent identities across platforms, and developers are invited to provide feedback.

Collaborations with projects and launchpads, such as pump.fun, aim to ensure metadata is automatically included in projects created on these platforms.


Web3j Update by Nischal Sharma

Nischal Sharma from Web3j shared an update on the Ethereum Name Service - Web3j integration. He has requested feedback and a merge for a pull request adding Web3j code samples, authored by NickSneo. The PR is currently pending review by Greg: Added web3j code samples - Pull Request #364.


:sunny: Public Goods

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


Term 6 Public Goods Stewards:


Meeting Minutes


Public Goods Shares Plans for 2025

The Working Group plans to expand and refine the Builder Grants platform launched last year. Feedback collected from users is continuously shared with the BG team to implement improvements, including grants for teams needing significant funding. Efforts are underway to establish a cadence for reviewing submissions, as seasons are no longer in use.


Large Grantee Updates: Gashawk.io

Presented by Daniel Hannum, Daniel Pfeffer, and Sohan Jagtap, Gashawk.io received a large grant in Q3 and completed its final milestones in December.

  1. Blob-Based Execution Services: Gashawk.io offers efficient onchain posting of call data or blobs, enabling Layer 2 sequencer operators to improve network efficiency as blob demand increases.
  2. Paymaster Service: Gashawk has developed a Paymaster service (currently demoing on Sepolia) to simplify transaction initiation. Previously, users needed ETH to cover costs; now, smart contract wallets can initiate transactions without holding the native token.

For more details, refer to the supporting article: GasHawk: Improving onchain transaction efficiency | Grants.


:green_book: Resources

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

  • ENS DAO Basics: Learn about the ENS DAO, including voting and governance.
  • Support Docs: Guidance on registration, renewals, and development aspects.
  • Governance Docs: Insights into governance structure.
  • ENS Agora: Governance hub for proposal review and voting.
  • ENS Repository: The ENS Protocol’s main GitHub repository.

Note: Posts older than 4 weeks are archival—browse cautiously, as links may be outdated or compromised.


Thank you for reading! Goodbye. :wave:


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