On August 14th, 2022 EP 16 passed the on-chain vote which funded the working groups for 2022 Term 2.
This summary aims to provide an overview of working group spending during the previous term.
The total working group spending was $1.27MM.
The amount spent was equal to 39% of the amount budgeted.
The Ecosystem working group spent the equivalent of 783k USD value.
Spending occurred across multi-sigs as defined in the budget. This chart depicts spending rolled up into meaningful categories to broadly illustrate the use of funding this term.
Note: Project/Builder Grants rolls up the spending from ens-buildors, ens-websites, ens-limo, retro grants, ccip/subdomains, experimental grants, and discretionary steward grants.
This category combines several pods. It funded numerous projects throughout the term, including eth.limo and Nimi. Some of the projects funded can be seen here.
The Ecosystem working group supported hackathons from the ens-hack pod. This funding provided prize pool money for developers submitting projects and boosted ENS’s presence by providing booths at hackathons
These funds were used to cover support ticket coverage across the ENS Discord and the governance forum.
ENS Ecosystem working group provided $69,420 to GR15 in September 2022. A summary can be found, here
Supported gregskril.eth as the ENS Ecosystem Fellow for 2022 Term 2. See the announcement.
The IRL events funded side events that coincided with ENS sponsorships of conferences and hackathons. Notable events this term was the Happy Hour in Bogotá during Devcon, which saw 169 attendees, and a co-sponsored meet-up during ETHSanFrancisco with Fuel Labs and Worldcoin.
Three Ecosystem Small Grants rounds were hosted on ensgrants.xyz. This initiative distributed 20E to more than 14 unique projects.
The Meta-Governance working group spent the equivalent of 237k USD value.
Note: Other spending rolls-up ens-governance, discretionary and unallocated.
The Meta-Governance working group funds compensation to DAO stewards and secretary as provisioned in the budget from the meta-gov main multi-sig.
This includes gas-free delegation on delegate.ens.domains and small amounts rolled up across discretionary, ens-governance, and unallocated.
The Public Goods working group spent the equivalent of 251k USD value.
The GR 15 grants round ran September 7-22nd providing 100k. A summary of GR15 can be found, here. This also includes a forward-looking payment of 50k to be used in Q1 2023.
The ENS Public Goods Scholarship provides 1,000 USDC per month for 12 months to 6 recipients who are building or working on public goods. Read the forum announcement and discussion.
The PG Small Grants hosted on ensgrants.xyz provided 25E to 18 unique winners of four rounds of grants. Three rounds awarded 1E to five winners, and one round awarded 10E to 10 winners.
A total of 5k was used for the cost of development for the Small Grants platform. Any ongoing work was shifted to the Meta-Gov working group.