MetaGov Transaction Transparency (Term 7 Index)

Background

This thread is the running reference for transactions executed by the Meta-Governance Working Group during Term 7. Posts in this thread follow each txn or execution batch, explaining what was signed and why.

Most MetaGov activity clusters near month-end. These may include service provider stream adjustments, endowment fee payments, working group disbursements, etc. The intent here is that anyone can see what moved, from where, on whose authority, without reconstructing it from block explorers.

Following Path forward on Working Groups for Term 7, MetaGov is the sole Working Group for Term 7, which changes the transparency picture in two ways: transactions consolidate around fewer addresses and a larger variety of transaction types may be administered by the MetaGov team as the team’s mandate becomes updated.

Term 7 Stewards: @netto.eth (Lead), @Sov, @abdullahumar.eth

Wallets

MetaGov WG multisig (main.mg.wg.ens.eth ; 0x91c32893216dE3eA0a55ABb9851f581d4503d39b)

  • This is the only operational WG Safe in Term 7. The threshold is 2 of 4, and the fourth seat is held by the DAO Timelock.
  • Each steward signs from a dedicated steward.* subname on a hardware wallet used for this multisig.

SPP Stream Safe (stream.mg.wg.ens.eth ; 0xB162Bf7A7fD64eF32b787719335d06B2780e31D1)

  • Threshold is 1 of 2, and the owners are the DAO Timelock and the MetaGov main Safe.
  • Receives the master USDCx stream from the Timelock and forwards it to Service Provider Program recipients via Superfluid.
  • Stream changes are executed from the main Safe acting as an owner of this one. Funds here remain DAO-owned and exist only to keep streams solvent and cover timing gaps, per EP 5.2.

Notes:

  • The two Safes have similar names and different jobs. main.mg is the operating wallet; stream.mg does nothing but run SPP streams.
  • Stewards can open, close, and change SPP provider stream rates via the stream Safe; trigger the endowment management-fee transfer as Allowance Module delegate, capped at 30 ETH per ~25-day period per EP 6.2; allocate WG funds under Rule 10.5; and execute distributions authorized by passed executable proposals.
  • Stewards cannot change the master stream rate, alter the SPP budget, select service providers, or move endowment assets. Those require a DAO executable or sit with kpk under the Zodiac Roles permissions policy.
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Term 7 Signer Rotation

Safe: main.mg.wg.ens.eth (0x91c3…d39b)
Nonce: 235
Txn Executed: 30 July 2026

What Txn Accomplished:

Rotated the Meta-Gov Safe from its Term 6 configuration to Term 7.

The three departing wallets are the Term 6 MetaGov signers whose seats did not carry into Term 7: 5pence.eth, daostrat.eth, and limes.eth. steward.netto.eth retained his seat and was not swapped.

Resulting Configuration:

Owner Address Seat
steward.netto.eth 0x75d91395CD36f24f990bbdE69993cB20B96EcFa6 Steward (Lead)
wallet.ensdao.eth 0xFe89cc7aBB2C4183683ab71653C4cdc9B02D44b7 DAO Timelock
steward.sovereignsignal.eth 0x7d7e46bEF5064CFae2CeD5CC627141005D1cDe76 Steward
steward.abdullahumar.eth 0x7Bd3AB8fA37d63c04a8d0BeE3298088C0f366709 Steward

The threshold is now 2/4. The fourth seat is the DAO Timelock, not a Secretary/Scribe. No Secretary/Scribe were appointed for Term 7. Rather than leave the fourth seat vacant or hand a fourth key to a placeholder individual, it was given to the DAO’s own Timelock contract. The Timelock can only act through a passed executable proposal, so in practice this gives the DAO a governance-controlled key on the Safe. It does not constrain stewards, but it does mean the DAO has an onchain path into this Safe that doesn’t depend on any person holding keys.

Steward Compensation, July 2026

Safe: main.mg.wg.ens.eth (0x91c3…d39b)
Nonce: 236
Txn Executed: 31 July 2026

What Txn Accomplished:

  • Paid July 2026 steward compensation. Three USDC transfers in one batch, at the monthly rates carried forward from Term 6 and codified in EP 6.44.
  • Total: $13,500 USDC. Each amount is exactly one month at the EP 6.44 rate of $5,500 for the Lead Steward and $4,000 for each Steward.

This payment was made from residual Term 6 funds held by the Safe.

Kpk Management Fee, July 2026

Safe: main.mg.wg.ens.eth (0x91c3…d39b)
Nonce: 237
Txn Executed: 1 August 2026

What Txn Accomplished:

  • Paid the July 2026 endowment management fee to karpatkey.
  • 23.46 ETH sent from the Endowment Safe (endowment.ensdao.eth) directly to the karpatkey (0x58e6c7ab…69E1C).
  • Executed through the Safe Allowance Module under the standing allowance granted by EP 6.2: 30 ETH per period, resetting roughly every 25 days. The allowance is authorized once, so no per-payment vote is required.
  • Corresponds to karpatkey’s 0.5% annual management fee, billed monthly in ETH.

The MetaGov Safe is the Allowance Module delegate, authorized to trigger the transfer. It is not the recipient, and the fee does not pass through this Safe.

SPP3 Stream Setup and Transition

Safe: main.mg.wg.ens.eth (0x91c3…d39b)
Nonce: 238
Txn Executed: 1 August 2026

What Txn Accomplished:

Switched the Service Provider Program streams from the SPP2 cohort to SPP3 and opened the SPP3 committee salary streams. Eleven setFlowrate calls in one atomic batch.


Closed the four SPP2 provider streams not selected for SPP3:

  • NameHash ($1.1M/yr)
  • Ethereum Identity Protocol($500k)
  • ZK Email ($400k)
  • JustaName ($300k)

Opened or adjusted the SPP3 cohort streams:

Recipient Address Rate
Namespace 0x168CAfEcFBE97dF85968Ea039CC11D10a9A44567 $500k/yr (from $400k)
Fluidkey 0xdcC34c0da55cEF7AeD38Bb749AD97DAC12A9936C $340k/yr (new)
Goldsky 0x79d46b9a85F0CC040aE66186aDCa8e318b064485 $450k/yr (new)

Opened the four committee salary streams, the 80% streamed portion of compensation set by EP 6.42: $36k/yr for the chair and $28k/yr for each of three members:

Recipient Address Rate
coltron.eth (chair) 0x1D5460F896521aD685Ea4c3F2c679Ec0b6806359 $36k/yr
sovereignsignal.eth 0x2D7d6Ec6198adFD5850D00BD601958F6E316b05E $28k/yr
austingriffith.eth 0x34aA3F359A9D614239015126635CE7732c18fDF3 $28k/yr
abdullahumar.eth 0xaA4a9282594a8ec02116fc97B634648CCc9fBe5f $28k/yr

The 20% upfront was paid directly (EP 6.49). gregskril.eth is the fifth committee member, uncompensated from the Labs team, so no stream was set.


Alterations to the Unruggable, eth.limo, and Blockful streams were not included in this batch. Superfluid streams run until explicitly changed, and these providers had theirs held constant: Unruggable’s SPP3 award matches its SPP2 award at $400k/yr, and eth.limo and Blockful hold two-year SPP2 streams that SPP3 does not touch.

Recipient Address Rate
eth.limo 0xB352bB4E2A4f27683435f153A259f1B207218b1b $700k/yr (SPP2)
Blockful 0x6dcc3939f811E22E9Faa5B2C591Fbdbf7Ee47Ee3 $700k/yr (SPP2)
Unruggable 0x64Ca550F78d6Cc711B247319CC71A04A166707Ab $400k/yr (SPP3)

Streams run from stream.mg.wg.ens.eth (0xB162…31D1), which is 1 of 2 with the MetaGov Safe and the DAO Timelock as signers. This transaction is the MetaGov Safe executing on the stream Safe as one of its owners.

This batch sets the pod’s total outflow to $3.21M/yr: $3.09M across six providers and $120k across four committee members. That comprises the SPP3 cohort at $1.69M (Namespace $500k, Goldsky $450k, Unruggable $400k, Fluidkey $340k) and the two continuing SPP2 streams at $1.4M (eth.limo and Blockful, $700k each). The four closed streams removed $2.3M/yr. These are annual rates, not a disbursement: the streams pay continuously from the master stream the Timelock sends to the pod, and the figure matches that inflow. This does not include any capital flows from the Marketplace RFP.

All Superfluid streams can be viewed here.

ENS DAO Communications Support, July 2026

Safe: main.mg.wg.ens.eth (0x91c3…d39b)
Nonce: 239
Txn Executed: 4 August 2026

What Txn Accomplished:

  • Paid the July 2026 monthly stipend for ENS DAO communications support.
  • 2,060 USDC to estmcmxci.eth.
  • Covers recurring communications work: researching, writing and publishing the newsletter, distributing it and related updates across ENS social channels, and additional editorial support for ENS DAO’s public-facing communications.

This continues a function previously funded through the grants process. The present arrangement continues that work as a monthly stipend, paid from residual Term 6 funds held by the Safe.

Delegation Incentives Program, Round 1 Distribution

Safe: main.mg.wg.ens.eth (0x91c3…d39b)
Nonces: 240, 241, 242
Txn Executed: 8 August 2026

What Txn Accomplished:

  • Paid Round 1 of the Delegation Incentives Program. Total: 5,000 ENS.
  • 734 ENS transfers to delegates and delegators.
  • The program is a 90-day pilot approved by Snapshot vote at [6.31] and funded onchain by [6.47], which transferred 90,000 ENS and 5 ETH from the Timelock to this Safe. Round 1 is the first of three monthly distributions.
  • Rewards are paid to both active delegates and the accounts delegating to them, with the intent of moving voting power away from idle wallets.
  • Distribution is claimless: recipients are sent ENS directly.
  • Stewards execute the distribution but do not set the recipient list or the amounts; the parameters come from the program’s calculation over onchain delegation data. Verify the data here.
Nonce Transfer Count ENS Sent
240 250 1,825.35
241 250 1,434.89
242 234 1,739.77
Total 734 5,000

The three batches are one distribution. Recipients were sorted by address and sliced 250 / 250 / 234.

Payouts range from 1 to 250 ENS, median 1.7351, mean 6.8120. No payout falls below 1 ENS, consistent with the program’s 1 ENS floor and the lottery that consolidates sub-1 ENS entitlements into whole payouts.