Details
Time: Tuesdays at 9:00 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
- Open Space for SPP Discussion
- Open Discussion
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Notes 
1. Weekly Endowment Updates (@karpatkey + @Steakhouse )
- Endowment at $81.8M
- Recovering from last week
- PUR v5 on queue
- TWAP resumed
- Karpatkey needs a PUR update that will allow the use of USDS
- Blockful reviewed the payload for it already
- Endowment monthly report forum post.
- Endomnet permissions update forum post.
2. General DAO Updates Section
2.1 Open Space for SPP Discussion
- Recap from the discussion around service providers
- @cap from Namespace did a 3-hour livestream last week with people from ENS, including AvsA, who spoke for 40 minutes about the service provider program which will be helpful for everyone to check out.
Similar Proposals Question
- What happens with the proposals that are essentially doing the same thing?
- Similar proposals are accepted, and all could be funded (it’s up to delegates)
- Proposals simply need to meet eligibility criteria
- However, delegates are encouraged to include all who they thing provides great service to the protocol or the DAO
Open Source Requirements
- Questions about the MIT license and open-sourced codebase.
- The idea is that this is the work that benefits the ENS ecosystem and is also a public good.
- Concerns that open-sourcing their proprietary client/apps removes the source for any other funding.
- Core services can be open source, with peripheral offerings being closed source.
- The program may fund an open-source SDK, for example, while allowing private repos for other initiatives.
- The work funded by the program should be MIT licensed, focusing on what is planned to be open-sourced.
Copeland Method and Ranked-choice Voting
- Snapshot introduced the ranked-choice voting method (see X post)
- Ranked-choice voting demo from Snapshot.
- Visualisation is needed for more transparency and insight into how the casted vote would impact the applicants
- Also, it doesn’t consider eligibility for 2-year streams
- Agora is building this!
SPP Proposals Deadline
- March 31, 11:59:59pm
- Midnight UTC is being considered as a cutoff point.
- Will post clarifying comment about the exact moment by the time applications need to be submitted.
Delegate meeting (next MetaGov call)
- Next Tuesday will be the delegate meeting
- Intended to be like a Delegate forum (all-hands delegate call)
- The goal is to provide ENS delegates with the necessary information for the upcoming month
- Question whether we should record the Delegate call
- Grassroots work will be done this week to reach out to everyone personally to ensure they have the delegate call on their calendar.
What’s next for MetaGov (plans for 2025)
- Delegate office hours, proposal reviews, and delegate onboarding with calendars are in the works.
- After SPP, there are plans for the endowment, including auto-funding and more.
- The Security Council is coming up on its one-year anniversary, and fixing challenges around the number of active delegated votes is a big initiative.
- Iterating on how the Meta Governance group runs meetings, such as changing the first meeting of the month to a delegate meeting.
- Regulatory requirements need to be focused on.
- Actions are being taken to improve coordination in the DAO, such as the delegate all-hands call.
- The goal is to increase delegation and voter engagement.
- There are ideas around treasury management, such as the DAO directly staking ETH.
- Looking back at the one-to-one ENS distribution to grant recipients, those votes are not getting delegated, so a better mechanism is needed.
- There is research going on in the background on Namechain to understand what the prices should be.
- And more improvements and experiments
3. Open Discussion
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