🏛️📞 MetaGov Working Group – 2025 Meetings: Tuesdays at 2pm UTC (Currently 9:00 am ET)

Details

Time: Tuesdays at 9:00 am ET (1pm UTC)
Google Meet Link: meet.google.com/bms-grvp-jbw

Stewards:

Agenda

  1. Weekly Endowment Updates (@karpatkey + @Steakhouse)
  2. General DAO Updates Section
  3. Service Provider Program: Discussion on Vote Results, Timeline, and Metagov Facilitation
    3.1. Metagov Call structuring

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.
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