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

🏛️ Public Goods
21

Details

Time/Day: 5PM UTC (12PM ET)(6PM CET) every Thursday
Meet Link: https://meet.google.com/fyt-qcrb-tth

Agenda: March 20th, 2025

  • Welcome ALL :sparkles:
  • Miscellaneous ENS updates of general interest
  • ENS x Octant PG Round Reminder
  • PG Allocation Strategies Discussion
  • Open floor for all questions, proposals and other presentations etc.

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1. Welcome ALL

2. Miscellaneous ENS updates of general interest

3. ENS x Octant PG Round Reminder

  • The ENS Octant PG round closes April 2nd (possibly April 1st in the US).
  • A notion page provides a guide for applicants.
  • Giveth hosted a Twitter space about the round.

4. PG Allocation Strategies Discussion

  • The Public Goods Working Group has been giving out grants through the builder grants program.
  • Possibility of growing the amount of funding given out through the public goods WG.
  • Interesting opportunities around funding mechanisms and how to allocate funding and measure impact.
  • Experimenting with different funding mechanisms and exploring ways to contribute larger amounts of funding to tools and infrastructure foundational to the Ethereum ecosystem.
  • A document has been created and shared for feedback, with the goal of presenting it as an RFC in the forum to discuss possibilities.
  • The Public Goods Working Group’s current builder grants are seen as providing smaller funding amounts, and there’s a need to rethink the size and distribution of funding to be more progressive.
  • There is a need to explore larger fundings, and partnerships, and leverage bigger funding opportunities.
  • Discussions often revolve around choosing between quadratic funding, direct grants, or retrofunding.
    • Different mechanisms have different strengths.
  • If scaling up the amount of funding, be intentional about the desired outcomes and how to scale in a way that allows for measurement before overcommitting.
  • Concerns exist about the public goods working group’s overhead costs.
  • The goal is to build alliances with other cornerstone players in the Ethereum ecosystem for a bottom-up approach.
  • Funding allocation decisions range from centralized grant managers to community-based approaches.
  • The 2024 expense report.

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

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