1. Weekly Endowment Updates (@karpatkey + @Steakhouse )
- Looker studio for more detailed breakdown
- Endowment at 151M
- ETH: 112.5M
- Stables: 39M
- Weekly commentary
2. General DAO Updates Section
2.1 Executable Proposals passed
- SPP2 reactivation was successfully passed
- SEAL Safe Harbor Agreement adopted officially
2. 2 [TEMP CHECK] ENS Contract Naming Season
- Collaboration between multiple teams, SPs, and delegates.
- The proposal is on the forum and will move to a vote as the next step.
2. 3 [5.19] Distribution Dashboard - analysis by @danch.quixote
3. Open Discussion
3.1 Pur6 Status
- It’s in the forum, and the call data verification needs to be done.
- Once call data verification is complete, coordination is needed before it’s ready for the Tally executable.
- The goal is to batch it with the naming incentives for the same voting.
3.2 ENS rules and procedures
- Assessor created a 300-page document of rules and procedures for ENS.
- The document stemmed from the bylaws proposal.
3. 3 Proposals and Updates
- Proposal around delegation incentives will be posted this week or early next week
- Governance updates were discussed in the last Metagov calls
3. 4 Token Distribution Analysis EP 5.19
- Danch analyzed the tokens distributed on EP 5.19, a governance distribution led by AvsA, where Metagov distributed ENS tokens as grants.
- Results: Out of 25k ENS tokens distributed, only 3.7k were delegated and 1.2k were active on the last 5 proposals.
- Possible motive for low numbers: tokens were distributed as vesting contracts, requiring recipients to use an interface to delegate.
- The analysis indicates that the remaining tokens were either sold or not delegated at all.
- There are 98 recipients, and the list is available.
- It was suggested to reach out to recipients individually with guides on accessing their vesting contracts.
- Acknowledged that it would be difficult to reach out individually to everyone.