Details
Time: Tuesdays at 10:00 am ET (1pm UTC).
Google Meet Link: meet.google.com/bms-grvp-jbw
Stewards
- @5pence.eth (5pence.eth | X), Lead Steward
- @alextnetto.eth (netto.eth | X)
- @daostrat.eth (daostrat.eth| X)
Agenda
- Weekly Endowment Updates (@karpatkey + @Steakhouse )
- General DAO Updates Section
- Updates from Karpatkey
- OpenBox Proposal - Next Steps
- SPP2 Stream Update
- Lighthouse Labs re: Org Identity
- Open Discussion
β
1. Weekly Endowment Updates (@karpatkey + @Steakhouse )
- Endowment at around $96M.
- Reporting from Monday open to Sunday close.
- Bound range capital for the last month.
- Robinhood launched tokenized stocks on Arbitrum for the EU.
- Onchain proposal passed to activate Lidoβs stETH/LDO (voting here)
- sUSDS highest allocation now
2. General DAO Updates Section
2.1 Updates from Karpatkey
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2.2 OpenBox Proposal - Next Steps
- Ep 6:14 was the social proposal for the formation of the committee to do the due diligence on the open box proposal.
- The committee is made up of 5 voting members and an observer from Labs
- The 5 voting members are the 3 foundation directors and 2 appointees (Thomas and Coltron)
- The committee will work closely with Josh from Intercap.
- The committee will do due diligence, keep the DAO informed, and present back information.
- Questions raised whether issuing a strong recommendation aligns with the DAOβs interests vs just analysis, and cautions against setting rigid precedents that may guide future investment processes.
- It was clarified that due diligence should offer objective analysis and serve as an informed counterparty to OpenBox, not simply deliver a binary vote outcome.
- The committee aims to maintain objectivity and transparency throughout the due diligence process.
2.3 SPP2 Stream Update
- Proposal passed
- Due diligence done
- Everyone signed the ToS
- Streams are about to be activated soon
2.4 Lighthouse Labs re: Org Identity
- Proposal overview: DAO registry - HackMD
- Lighthouse Labs proposes a standard for ENS to serve as a registry for DAO metadata, enabling DAOs to control and publish key onchain data (e.g., treasury addresses, delegates), aiming to drive adoption and ENS usage.
- They suggest forming an ENS-endorsed working group with industry participants to develop and propose the standard as an ENSIP, with ENS DAO potentially piloting it.
- The effort builds on past, unrealized standards work; the group aims to accelerate adoption amid declining DAO coordinationβ¦
- Community response is positive, with discussion on formal support via Meta-Gov, Ecosystem, Public Goods, or a DAO proposal.
- A pilot would test how ENS DAO could use the spec to make delegate and organizational data onchain and queryable, enhancing transparency and setting an example for other DAOs.
- A public Telegram group has been launched to develop the spec, aiming for official ENSIP status and early ENS DAO adoption, requiring collaboration with tooling platforms and DAO members.
- Join here: https://t.me/+TER3iYWGxrlhMGY0
- Join here: https://t.me/+TER3iYWGxrlhMGY0
3. Open Discussion
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