☎️ MetaGov Working Group – Weekly Meeting: 9am ET, Tuesday

Agenda and Minutes for Meta-Gov Meeting, May 7th, 2024

Details

Time: Tuesdays at 9am ET (1pm UTC).
Google Meet Link: meet.google.com/ihz-hdvb-bbq

Stewards: @5pence.eth (ENS | Twitter), @avsa.eth (ENS | Twitter), @estmcmxci.eth (ENS | Twitter),

New proposals are broadcast to Telegram

Agenda

  1. Weekly Endowment Updates (@karpatkey + @Steakhouse)
  2. General DAO Updates Section
    a. 2 offchain proposals live
  3. Open Discussion

14 Participants in Meeting (See list of participants at end of notes)


1. Weekly Endowment Updates (@karpatkey + @Steakhouse)

April Monthly Report



Link to Report: ENS Financial Reporting by Steakhouse - #22 by Steakhouse



ZRM v2 Migration Proposal Link: [EP 5.x] Roles Modifier V2 Migration & Updates to Endowment Permissions to continue managing endownment in non-custodial way and allow for more robust auditing


2. General DAO Updates Section

@avsa.eth sharing ENS DAO Risk Dashboard

  • Shows cost to attack the DAO; changes due to fluctuations in ENS token price
  • Link: https://dune.com/avsa/governancerisk
  • Ways to reduce risk: Increase delegated ENS and approve Netto’s proposal for a Security Council with the authority to cancel malicious proposals: Snapshot

Two Current Snapshot proposals

  • Security Council: Snapshot
  • ENS Steward Vesting Proposal: Snapshot
    • Ambiguous language around vesting in Snapshot vote, discussion around numbers
      • Netto: All ENS disbursements to stewards will be vested on a linear 24 month schedule from the time of their appointment
      • Netto: For the current term’s stewards, ENS vesting will be scaled retroactively based on the time since their appointment. ~37.5% of ENS will be distributed to stewards directly from the multisig, whilst the remaining ENS will then be deposited into each steward’s vesting contract
    • Eduardo: Poorly written and ambiguous in language, needs clarification
    • Marcus: Need to confirm with @James.eth what his intention was and have Meta-Governance provide a statement that clarifies the position

3. Open Discussion

Newsletter Released: ENS DAO Newsletter #60 — 05/07/2024


Notes by @don.nie


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