We have $ENS listed in several exchanges and the price is been defined by the market. A potential owner of $ENS buys $ENS because of its voting power but this gets skewed by the fluctuating price.
You don’t want to put $1000 to contribute to $ENS and after a lot of effort exit with potentially less money. Hoping for more money by getting $ENS means that your intentions are skewed, meaning you’re hoping that a lot of other people will want to vote to change things, your focus will be growing the number of voters not increasing the impact of the service.
To solve this problem I propose converting $ENS into a stable coin. Allowing people that own the token to focus on creating value and helping the governance rather than focus too much on the price of the token.
I’ll be happy to get a better insight into how other things on the value of the token and if this is even feasible.