Light agenda after DevConnect
KPK updates
- Endowment at 110M (ETH and Stables)
- Total results at -6M due to ETH price decrease.
- Generated $60k in yield.
- Weekly commentary:
- The market dropped by $3T.
- With the market drop, there are plans to buy some ETH at a lower price.
- Shoutout to the KPK team for acting quickly on the Compound incident
Proposal updates
- Working groups funding requests
- 3 social proposals for 3 WGs – all passed.
- Next is to request funds onchain.
- KPK, permission update proposal
- Enabling new protocols and EUR stablecoin usage.
Target allocation for Endowment discussion
- Discussion regarding IPS to better define risk parameters and improve IPS.
- Invite the community to participate.
- Endowment’s ETH vs stablecoin allocation targets.
Open Discussion
ENS discussions at Devconnect
- Discussions around Retro and the working group structures.
- Expecting James to post a proposal on the forum to move Retro to a vote.
- Proposal expected to go live soon.
- Before any changes to working group structures, an analysis is needed.
ENS Organizational Metadata
- An ecosystem project that defines a standard spec for adding organizational metadata to an ENS name and a tree of subnames.
- The initial phase involved community outreach.
- Current phase: technical system design.
- Next stage: community involvement.
- Technical details posted on the forum.