πŸ›οΈπŸ“ž MetaGov Working Group – 2026 Meetings: Tuesdays at 9am ET

:information_source: Quick notes:

  • There will be a MetaGov call next week – an all-hands delegates call.
  • Metagov team will provide updates on Retro next week.

1. Weekly Endowment Updates - @kpk + @Steakhouse

2. Recent proposals update

2.1. [Executable] Replace DNSSEC oracle algorithms

2.2. [Executable] Register on.eth to the ENS DAO wallet and set the resolver

  • Already been discussed multiple times.
  • Currently live - go vote here.

2.3. [Executable] Treasury Flow Automation

  • The proposal aims to change how revenue flows into the DAO and the endowment.
  • It improves the current setup and addresses the old registrar withdrawal hurdle.
  • It removes the need to require a proposal to the DAO for every operational step.
  • The new contract will have 2 new properties:
    • Permissionless withdrawal of ETH from the old register.
    • Direct ETH transfer to the endowment
    • The treasury manager (KPK) can then make the assets productive quickly.
  • The proposal aims to make it easier for funds to be transferred.
  • Also, make it less likely for the DAO wallet to run out of funds.

3. Proposal: Committee Model for SPP3 Funding Allocation

  • Committee Model vs. the Delegate Model
  • New proposal for a committee model for the SPP program, instead of the delegate model.
  • In the delegate model, applicants for funding are voted on by DAO delegates.
  • In the committee model, the chosen committee would pick the SPs.
  • Problems with the Delegate Model:
    • Exhausting for delegates: delegates are bombarded with requests to vote.
    • Applicant fatigue: stressful and tedious task to identify and contact delegates.
    • All-or-nothing funding: delegate model doesn’t allow for negotiations on funding.
  • Committee Model:
    • Small, engaged committee would read applications, schedule time with each team, and negotiate funding.
    • The DAO would still approve the program, select the committee, and handle onchain fund distribution.
    • The goal is to delegate the decision-making process to trusted individuals, improving efficiency.
  • Discussion and Feedback:
    • The committee model is perceived as a step forward.
    • A decision/evaluation framework for the committee model is universally recognized as a must-have / north-star document.
      • Criteria for evaluating projects (industries, verticals, categories)
    • Concern around the Committee selection process and composition.
    • Suggestions include someone from 1) MetaGov, 2) someone from the ecosystem, or 3) someone external selected.
    • Concern expressed about fairness in electing a committee from within the community, fearing an "echo chamber of friends voting for each other.”
    • A mix of internal and external expertise is necessary, referencing Sov as a potential resource for designing the committee framework.
    • A hybrid model with a committee for screening, rating, and negotiation, and delegates for the final decision, would be best.

4. Open discussion

4.1. Delegation incentives program update

  • The main goal of the program is to increase the security of the DAO.
  • The second-order effect is an increase in participation from delegates.
  • Delegation incentive system:
    • Working prototype is being improved
    • Onchain proposal this week
    • Aiming for broad appeal, targeting small ENS holders outside the DAO.
    • Goal: Encourage participation in making ENS safer
  • Governor Upgrade:
    • Risk assessment of current governance stack posted on the forum
    • Identified 10 critical points for improvement
    • Security Council’s term expiring in a little over 6 months
  • Modular Architecture:
    • Reviewing RFC internally, to be posted this week.
    • Goal: Make future upgrades easier.
    • Avoiding time lock migration and treasury migration.
  • Relevant links:
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