☎️ MetaGov Working Group – Weekly Meeting: Tuesdays at 2pm UTC (Currently 9:00 am ET)

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


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