1. Weekly Endowment Updates - @kpk + @Steakhouse
- Endowment at $91M
- Rebalancing continues due to the $ETH price decreasing
- Need to convert stables into $ETH
- The balance will be back at 40:60 soon
- There is a limit of 1,000 ETH that can be bought per week.
- KPK’s monthly report will be published later this week
- Weekly commentary
- Final reports on the KPK website for ENS will come later this week.
2. Recent proposals update
2.1. [Executable] Enable Root and Registrar Security Controllers
- Live for voting.
- Allows security council to take action to secure the protocol in case of a vulnerability.
2.2. [EP 6.32][Executable] Transfer $2.5M USDC from Endowment to wallet.ensdao.eth
- Proposal passed last week.
2.3. Governance Security Assessment
- Security audit by the Blockful team.
- There are some high-risk concerns that will be discussed in the future.
- This assessment does not currently present any risk due to Security Council.
- New Governor upgrade should happen in the future.
2.4. [Executable] Register on.eth to the ENS DAO wallet and set the resolver
- Live for voting.
- Official website: https://interopaddress.com/
- Question about how
on.ethwill be utilized, whether for users or developers. - The chain registry resolver is useful for surfacing metadata about a chain.
- The new resolver will start with no data initialized, and each chain will initialize its data.
- Suggestion to use a multisig to initialize data for every chain.
- This would help with adoption, as opposed to relying on each chain to populate its data.
2.5. [Temp Check] Delegation Incentives Program
- Proposal passed last week.
3. ENS Pulse - @estmcmxci
- ENS Pulse is an ENS DAO monitor.
- It’s a dashboard that aggregates protocol and governance signals into one view.
- It provides the top 5 signals each time you visit it.
- Dashboard showcases:
- Prices (ETH, ENS) + Treasury holdings.
- Active proposals link to Tally for voting.
- Snapshot of the attack profitability analysis.
- Protocol metrics show ENS protocol performance.
- Total names, participants, primary names, daily/monthly revenue, etc.
- Lists all DAO-associated wallets.
- Shows upcoming events and social posts.
- Security aspect comments
- It costs $13M to attack the DAO (clearly visible on the Dashboard).
- The existence of the Security Council should be added to the dashboard.
- Netto posted about wallets accumulating funds.
- Compound DAO has been dealing with a whale attempting a takeover for 2 years.
- Blockful team is closely following the situations.
4. Organizational metadata (updates) - @jkm.eth
- Received funding to establish a standard for attaching additional metadata to ENS names/subnames.
- At its core, a standard defines a
classand aschemarecord, which is a self-descriptor. - Two main use cases:
- Expose onchain the organizational relevance of a subname.
- Expose context-specific metadata.
- For example, attaching all the details about a contract (version, ABI, source, etc.) as ENS records turns ENS into a canonical resource of data.
- Working on a draft ENSIP.
- UI dashboard to illustrate the power of the standard
- Can render a tree structure that shows the relationships between all of the subnames.
- Onchain, a user can specify a data schema to explain what type of attributes should be appended to that node.
- Schemas are being called in from canonical IPFS records.
- Standardized IP schema registry allows for collaboration and publishing to canonical representations.
- The standard is designed for maximum interoperability and flexibility.
5. Open discussion
5.1. Brief SPP3 discussion
- /