☎ ENS Public Goods – Weekly Meeting: 12pm ET/5pm UTC, Thursday – Term 6

[cap]

@simona_pop

Agenda

If you would like to add anything, just raise a topic for discussion live during the call or DM us https://discuss.ens.domains/g/PublicGoods_Stewards

• Welcome ALL
• PG updates
• Miscellaneous ENS updates
• mevlog-rs - EVM transactions querying presents milestone updates
• The DRC presents updates on the current legislative landscape
• Open floor for all questions, proposals and other presentations etc.

1. Welcome ALL [image]

• Welcome to the weekly dose of public goods goodness.

2. PG updates

• The calls will be on a biweekly cadence
• Builder grants restarted.

3. Miscellaneous ENS updates

• ENS Explorer announced.
• New ENS App announced on Sepolia.
• ENS App article.
• ENS Explorer article.

4. mevlog-rs - EVM transactions querying presents milestone updates

• Pavel gave an update on https://mevlog.rs/
• Mevlog is a CLI for querying EVM chains
• It’s more flexible and gives you more control over checking transactions
• You can query all the different EVM chains in a single place
• Integrated with the public directory of RPC endpoints
• Built-in search feature.
• Mevlog2 is the new iteration of the tool
• It’s simple to install and run with ‘mevlog2” command
• Doesn’t require configuration or RPC endpoint setup.
• It offers a list of >2k chains
• Users can browse transactions and view details (events, transfers, traces, etc.)
• Next update will be to explore an MPC endpoint.
• This will enable agents to use the tool.
• Work on mevlog inspired another open-source public good project
  • https://hotpath.rs/ that has 1k+ GitHub stars

5. The DRC presents updates on the current legislative landscape

• Stablecoin yield is a big issue.
• Banks negotiated a position in the Genius Act that stablecoin yield issuers can’t offer interest, but stablecoin business partnerships can.
• Coinbase offers 3.5 APY for USDC holders, which is attractive to consumers.
• Banks lobbied Republicans, arguing that exchanges offering high interest through stablecoin rewards would cause a bank run.
• Brian Armstrong (Coinbase CEO) threatened to pull support from the market structure bill if the stablecoin issue wasn’t resolved.
• AML and the fake secrecy act requirements in DeFi are contentious.
• 3 Republican offices supported the proposal, but it was pulled and will be reproposed in March
• The CFTC held a markup, with Republicans voting for it and Democrats abstaining.
• They’re advocating for a bipartisan quorum at the CFTC and SEC.
• Democrats are asking for the president to nominate and confirm Democrat and Republican commissioners at the SEC and CFTC before engaging with digital asset market structure rulemaking.
• Ethics concerns exist due to the President’s family’s involvement in digital asset markets.
• Democrats want an ethics provision preventing the President, Vice President, members of Congress, and senior executive branch officials from personally benefiting from digital asset financial dealings while in office.
• Working on narrow issues pertinent to ENS and its community, including developer protections to reduce liability.
• Rulemaking will happen from agencies like the SEC and CFTC, regardless of whether the market structure bill passes.
• Focusing on advocacy for L2s.
• Aiming to ensure L2s are not seen as traditional financial technology.
• Kicking off a working group with a broader group of L2s later this month.

6. Open floor for all questions, proposals and other presentations etc.

• /