Agenda and Minutes for Meta-Gov Meeting, July 2nd, 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
- Weekly Endowment Updates (@karpatkey + @Steakhouse)
- General DAO Updates Section
a. Executable proposals 5.11 & 5.12 - Open Discussion
20 Participants in Meeting (See list of participants at end of notes)
1. Weekly Endowment Updates (@karpatkey + @Steakhouse)
- Price of ETH, fees, and other variables change these models
- Goal is to have a clear investment statement/policy around exposure to ETH and other variables including how much runway to hold in stablecoins (2 years standard, currently at 4-5 years of stables)
- Endowment is very healthy, much better position than most DAOs
- Discussion around moving unused wallet funds into endowment to earn interest, opportunity cost to not having larger endowment. Working on forum post to share shortly
- Stakewise financial report for June: ENS Financial Reporting by Steakhouse - #24 by Steakhouse
2. General DAO Updates Section
Executable proposal 5.11
- Tally | ENS | [EP5.11] [Executable] Proposal: Fund the Meta-Governance Working Group (Term 5)
- Funds the metagovernance working group with 374k USDC and 150k ENS
Executable proposal 5.12
- Tally | ENS | [EP 5.12] Roles Modifier V2 Migration & Updates to Endowment Permissions
- This proposal aims to roll out an updated version of the Zodiac Roles Modifier module. The new version improves usability and transparency of treasury management operations. Upon approval, the Roles Modifier v2 module will be activated.
- Furthermore, this proposal requests authorization from the DAO to revise the permissions policy. A notable change includes enabling swapping actions on CoW Swap while the other permissions primarily focus on eliminating obsolete actions and protocols, and refining parameters within the existing permissions.
3. Open Discussion
Newsletter is out: ENS DAO Newsletter #64 — 07/02/24
Security Council Update: Getting addresses for security council multi-sig, then ready to initiate executable proposal during next voting cycle
New proposals posted on X, pls RT share w/ delegates: x.com
Notes by @don.nie
