[EP 5.25] [Executable] Collective Working Group Funding Request (Oct 2024) - Resubmission

Status Vote Now at Agora or Tally
Closes Tuesday November 26th, 2024
Previous Version EP 5.24
Author 5pence.eth

Description

This is a resubmission of [EP 5.24], with no changes to the funding amounts or technical specifications.

Abstract

This proposal executes all three Working Group funding requests for the October 2024 funding window as passed in EP 5.17.1, EP 5.17.2, and EP 5.17.3. For more detail, view the ENS Governance docs at Funding Requests

Proposal Components


1) Meta-governance Funding Request [EP 5.17.1]

The Meta-governance Working Group requests funding to fulfill anticipated budgetary needs through the next formal funding window in April 2025.

Destination USDC ETH $ENS
ENS Meta-Gov Main Multisig 254,000 0 0

This amount will cover all expected expenses while maintaining a 100,000 USDC prudent reserve to ensure continuity if future funding is delayed.


2) Ecosystem Funding Request [EP 5.17.2]

The ENS Ecosystem Working Group requests funding to support operations through April 2025. This is the only funding request of Term 5. The working group is responsible for growing and improving the ENS Ecosystem by funding builders and projects that are ENS-specific or ENS-centric.

Destination USDC ETH $ENS
ENS Ecosystem Main Multisig 836,000 0 0

3) Public Goods Funding Request [EP 5.17.3]

The ENS Public Goods Working Group requests funding to support operations through the next funding window in April 2025. The funds requested extend current needs through to next term to ensure that next season’s stewards have available funding before the next funding window.

Destination USDC ETH $ENS
Public Goods Main Multisig 226,000 0 0

Specification

The following transfers are to be made from the DAO treasury:

  1. Transfer 254,000 USDC to the Meta-governance safe:

    • Address: 0x91c32893216dE3eA0a55ABb9851f581d4503d39b
  2. Transfer 836,000 USDC to the Ecosystem safe:

    • Address: 0x2686A8919Df194aA7673244549E68D42C1685d03
  3. Transfer 226,000 USDC to the Public Goods safe:

    • Address: 0xcD42b4c4D102cc22864e3A1341Bb0529c17fD87d

Total transfer amount: 1,316,000 USDC


Calldata:

5.17.1 Tx to Metagov

{
    "target": "0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48",
    "value": 0,
    "calldata": "0xa9059cbb00000000000000000000000091c32893216de3ea0a55abb9851f581d4503d39b0000000000000000000000000000000000000000000000000000003b23946c00"
}

5.17.2 Tx to Ecosystem

{
    "target": "0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48",
    "value": 0,
    "calldata": "0xa9059cbb0000000000000000000000002686a8919df194aa7673244549e68d42c1685d03000000000000000000000000000000000000000000000000000000c2a57ba800"
}

5.17.3 Tx to Public Goods

{
    "target": "0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48",
    "value": 0,
    "calldata": "0xa9059cbb000000000000000000000000cd42b4c4d102cc22864e3a1341bb0529c17fd87d000000000000000000000000000000000000000000000000000000349ea65400"
}
3 Likes

Note: This is a resubmission of EP 5.24, with no changes to the funding amounts or technical specifications. The original proposal was rejected due to concerns about proposal bundling and procedural clarity. This resubmission contains only the working group funding requests that were previously approved via social proposals.

Hello friends at @blockful, could you please review the calldata in the transactions above and confirm the calldata for each transaction before we post the proposal onchain?

2 Likes

Calldata security verification

The simulation and tests of EP 5.25 can be found here . Calldata matched the proposal description as expected. The proposal was simulated by proposing, passing, executing, and asserting the difference between states after the USDC and ENS transfer operations.

This can be checked by cloning the repo and running:
forge test --match-path src/ens/proposals/ep-5-25/* -vvvv

Looks good to submit it onchain @5pence.eth!

Now it’s just confirming that the calldata submitted onchain will be the same as the one above.

This proposal is live, please vote now at Agora or Tally.

3 Likes

Gm, gm! :sparkles:

The results are in for the [EP 5.25] [Executable] Collective Working Group Funding Request (Oct 2024) - Resubmission on-chain proposal.

See how the community voted and more ENS stats:

2 Likes