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
- Service Provider Program: Discussion on Vote Results, Timeline, and Metagov Facilitation
3.1. Metagov Call structuring
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1. Weekly Endowment Updates (@karpatkey + @Steakhouse)
- Endowment currently at $83.7M
- Decreased due to ETH price decline
- Almost 100% funds allocation
- TWAP update: almost 2.4k ETH sold so far at an average price of $2,670.
- Diversifying the endowment and having stables guarantees a certain amount for ENS operations.
- Blockful completed the call data verification.
- Discussion around whether to put it up for a vote before the Service Provider votes or bundle them together.
2. General DAO Updates Section
Agora update
- Looking to chat with teams who want to give product feedback
- Any opinion, feedback, or quick call is welcomed.
- Reach out to @brennan_agora if you wanna chat! TG: @brennanfoo
@dhive update
- Aggregates offchain and onchain governance data and presents it through data visualization.
- Due to ENS DAO Support - the improved app includes:
- Token holdings data
- Analytics rehaul and improvements
- Information related to voters and voting power
- See the full Dhive thread to learn more.
3. Service Provider Program: Discussion on Vote Results, Timeline, and Metagov Facilitation
Service Provider Program
- Inquiry about how to apply to the Service provider program by Arnold from Lighthouse.
- Inquiry + introduction about the Lighthouse proposal are here.
- Clarification is needed on the actual process to submit a Service Provider grant.
Service Provider Nominations
- Discussion around whether proposals should be in one thread or in separate threads to allow for comments and discussion for each application.
- Master thread with Summaries of all applicants was suggested + a directory of links to individual proposals.
- A post with Key Dates for the Service Provider Program should be public!
- Last year there were 35 applicants.
Service Provider Program Intent
- The intent is for anti-fragility for ENS.
- The goal is to ensure the ENS protocol and DAO would thrive even if ENS labs no longer existed.
- @AvsA’s mental model: at least 10 incredible teams building on the protocol to anchor the ecosystem.
- The minimum request amount is set to $300k because we want proven teams, not unproven one-person dev shops.
Questions and suggestions
- Should there be a distinction between people building the protocol, building things like subnames infrastructure, building apps, and governance-related improvements for the DAO?
- Suggestion to have AvsA, Metagov team, and/or others answer questions for those planning to apply for the Service Provider program, possibly as part of MetaGov weekly call sometime.
- A question raised about whether an RFP or list of priorities from Nick or someone from Labs would help applicants understand the direction of the Service Provider program.
- There is support for this idea, as more information is seen as beneficial.
- Service provider tag/category for service providers suggested for keeping up with the updates on the Forum.
- Metagov will be there to support everyone throughout the entire time.
3.1. Metagov Call structuring
- @netto.eth discusses improving coordination inside the DAO as a goal for MetaGov this year.
- Delegates seem positive about committing to one MetaGov call a month.
- The idea is to have an all-hands delegate call during the first MetaGov call of the month.
- This aims to improve coordination without increasing the agenda.
4. Open Discussion
@estmcmxci Announced Commons
- Extending newsletter to Spaces.
- It extends the bi-weekly ENS newsletter into a live discussion space.
- It will focus on builders and contributions to the ENS protocol.
- The first session is this Friday at 11 am ET with @netto.eth and @cap.
- In general, this initiative aims to do live discussion Spaces to cover:
- Latest ENS developments
- Builder discussions
- Talking in the open
- Join the first Commons Space this Friday!
Next Steps
- Coordinate with Labs, MetaGov, Marcus, and Cap to aim for a Metagov call next week and update everyone through forums and ENS DAO socials.
- There will be separate calls for the service provider program and all-hands delegate meetings.
- The subjects are different and can be lengthy.

