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

🏛️ Public Goods Meetings
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Time/Day: 5PM UTC (12PM ET)(6PM CET) every Thursday
Meet Link: https://meet.google.com/ctb-qibh-mvf

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 :sparkles:
  • 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.
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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

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

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.

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