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

Meta-Governance Meeting Agenda — 04/23/24

Meeting Info:

Stewards:

Agenda:

  1. Quorum
  2. Endowment updates
  3. Q1 Review
  4. Open Discussion

Requests to add an item to the agenda may be forwarded by direct message to @Meta-Gov_Stewards

Agenda and Minutes for Meta-Gov Meeting, April 23rd, 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. Q1 Review
  3. Open Discussion

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


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


Zodiac RM v2: https://kit.karpatkey.com/ Drafting proposal, will share overview before goes to a vote. Makes auditing much simpler through the UI and lessens need for manual changes


2. Q1 Review


3. Open Discussion

Newsletter Published: ENS DAO Newsletter #59 — 04/23/2024


Notes by @don.nie


Stay up to date on active ENS DAO proposals by subscribing to the ‘notification-only’ Telegram channel.



Agenda and Minutes for MetaGov Meeting, April 30th, 2024

Time: Tuesdays at 9:00 am ET (1pm UTC).
Google Meet Link: meet.google.com/xxh-fmch-axe

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

  1. Weekly Endowment Updates (@karpatkey + @Steakhouse )
  2. General DAO Updates Section
    1. Upcoming Proposals
    2. Bylaws update
  3. Open Discussion

Agenda and Minutes for Meta-Gov Meeting, April 30th, 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. Upcoming Proposals
    b. Bylaws update
  3. Open Discussion

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


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


  • Tech team finishing ZRM v2 Migration Proposal, will post when complete during a voting window

2. General DAO Updates Section

Upcoming Proposals

  • Alex Netto proposing giving the allow contract to call the cancel function on the timelock for a social proposal tomorrow
  • This is the next step in safeguarding the DAO against a cryptoeceonomic attack whereby malicious users would take advantage of a lack of voting to pass issues against the best interests of the DAO
  • Will allow DAO to remove the veto contract (DAO using voting power to vote against attacks) which was a temporary solution for a cryptoeconomic attack against the DAO. Con of this solution relies on voting power, which can be overriden by malicious user with more votes
  • Jengajojo: While have reliable contributors today, want to create a DAO that outlasts contributors. Need to put measures in place that decentralize power, current proposal might not accomplish that with a security council
  • Netto: Security council is a short-term solution to security issue
  • Spike: Seems like a step backward in decentralizing the DAO
  • @avsa.eth: Need to stop malicious attempts to hijack the DAO, want to evolve in the future so we can get rid of this proposal
  • @5pence: All security council can do is stop a proposal, can’t create or remove proposals. Just to cancel a malicious activity
  • Jengajojo: Any discussions around delegating tokens in DAO?
  • @5pence: Yes discussions and thoughts about right way to do it are in the forum threads
  • Please bring discussions to the forum when it is posted
  • Another social proposal may be posted tomorrow related to ENS vesting requirements

Bylaws update

  • Have received bylaws proposal, working group will review before posting on the forum for feedback

3. Open Discussion

Q1 Spending Summary posted from @limes: Term 5: Working Group Spending Summary - 2024 Q1

Q1 Meta-Gov Review from @estmcmxci: Meta-Governance Q1 Review: Initiatives, Outcomes, and Future Dir… — marcus

Spike: What were key considerations when deciding between streaming payment services for paying stream providers?
@avsa.eth: Superfluid allowed an open-ended stream that could just be topped-up and put more money in it, others didn’t


Notes by @don.nie


Stay up to date on active ENS DAO proposals by subscribing to the ‘notification-only’ Telegram channel.



Screenshot 2024-04-30 at 9.11.38 AM

1 Like

Agenda and Minutes for MetaGov Meeting, May 7th, 2024

Details

Time: Tuesdays at 9:00 am ET (1pm UTC).
Google Meet Link: meet.google.com/xxh-fmch-axe

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

Agenda

  1. Weekly Endowment Updates (@karpatkey + @Steakhouse )
  2. General DAO Updates Section
    1. 2 Offchain Proposals live
  3. Open Discussion

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


Stay up to date on active ENS DAO proposals by subscribing to the ‘notification-only’ Telegram channel.



Agenda and Minutes for MetaGov Meeting, May 7th, 2024

Details

Time: Tuesdays at 9:00 am ET (1pm UTC).
Google Meet Link: meet.google.com/xxh-fmch-axe

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

Agenda

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

Agenda and Minutes for Meta-Gov Meeting, May 14th, 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. Agora
  3. Open Discussion

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


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


  • Montly Report posted: $350,000 made in April using DeFi protocols, endownment fluctuates due to price of ETH
  • Working on post to share shortly that will include additional analysis including breakdown of what assets gained under “APR”
  • This passed proposal allows fees to come directly from endownment: Tally | ENS Proposal
  • Working group will get ZRM v2 migration proposal up for vote no later than sometime in June

2. General DAO Updates Section

Kent Fenwick from Agora
Four intiatives working on:

  • Proposal Lifecycle Management: Allow anybody to draft proposals, send to sponsor to review, and allow anybody with enough ENS to put up vote, notifications system and integrations into systems included
    • Discussion around possibility of pooling ENS so multiple people could get together and put up for a vote
    • @avsa.eth: Want to make it easier to put things up for a vote, but want to ensure that proposals going up have high chance of passing / create cost for malicious proposals
  • Gas relay for free Agora Votes: Similar to Tally, abstract away costs of voting
  • Visualize streams for vendors: Explore vendors, how much paid, etc.
  • Gov Upgrade for Redelegation of Coinbase delegation: CB has large amount of delegated ENS tokens, difficult to delegate given how tokens are stored, proposal to CB to allow tokens to be delegated

3. Open Discussion

Veto Contract Discussion from @SpikeWatanabe.eth

  • Example of malicious attack against DAO happening at Compound, understand security risks against DAOs
  • But feels like a step backward from the multi-sig that was governing ENS in the past
  • Suggestion: Delegate incentivization to stay informed about everything happening at the DAO
  • Alex Netto: Finishing writing veto contract, next steps after deployed are around increasing DAO participation

Notes by @don.nie


Stay up to date on active ENS DAO proposals by subscribing to the ‘notification-only’ Telegram channel.



Agenda and Minutes for MetaGov Meeting, May 21st, 2024

Details

Time: Tuesdays at 9:00 am ET (1pm UTC).
Google Meet Link: meet.google.com/xxh-fmch-axe

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

Agenda

  1. Weekly Endowment Updates (@karpatkey + @Steakhouse )
  2. General DAO Updates Section
    1. Funding Request Next Month
  3. Open Discussion

Agenda and Minutes for Meta-Gov Meeting, May 21st, 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. Funding Request Next Month
  3. Open Discussion

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


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


  • Planning to inlcude custom section of monthly report showing Ether performance vs. Endownment performance
    • Will have for May report

2. General DAO Updates Section

Funding Request Next Month

  • Will look similar to funding requests in March
    • Objection to liquid distribution of ENS put into separate proposal
  • Social votes at beginning of month, executables mid-month

3. Open Discussion

Newsletter out: ENS DAO Newsletter #61 — 05/21/24

@avsa.eth governance risk update: Rise in price of ETH currently makes governance attack unprofitable

Netto receiving auditor feedback on cancel contract that prevents DAO governance attack

@limes.eth: ENS has Safe tokens in a few multi-sigs in order of tens of thousands of dollars. Wonder if something want to do with these tokens

  • Could do social proposal that elects delegator for votes
  • @limes.eth will do research and figure out how best to move forward

Notes by @don.nie


Stay up to date on active ENS DAO proposals by subscribing to the ‘notification-only’ Telegram channel.



1 Like

Agenda and Minutes for MetaGov Meeting, May 28th, 2024

Details

Time: Tuesdays at 9:00 am ET (1pm UTC).
Google Meet Link: meet.google.com/xxh-fmch-axe

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

Agenda

  1. Weekly Endowment Updates (@karpatkey + @Steakhouse )
  2. General DAO Updates Section
    1. Presentation from Andrey “We want to present the Goverland App (goverland.xyz)”
  3. Open Discussion