📌 Term 6 Proposal Bulletin

Term 6 Proposal Bulletin

About the Proposal Bulletin

The Proposal Bulletin provides updates on recent ENS DAO proposals. Its primary objective is to inform community members about the nature, status, and outcomes of both social and executable proposals under consideration or recently concluded.

By consolidating this information, the bulletin aims to enhance transparency and ensure stakeholders remain informed about governance activities.

About Proposals

Proposals serve as the mechanism for implementing changes within the ENS DAO. There are two types of proposals:

  1. Social Proposals: Offchain proposals that seek the DAO’s agreement on social considerations that cannot be enforced onchain.
  2. Executable Proposals: Onchain proposals that execute code related to the ENS Protocol and ENS DAO smart contracts, as determined by DAO votes.

How to Submit a Proposal

The ENS DAO proposal process ensures structured, transparent decision-making. It consists of three phases:

  1. Temperature Check – An informal discussion on the Forum to gauge community interest.
  2. Draft Proposal – A draft proposal is created and refined with feedback from the ‘Temp Check’.
  3. Active Proposal – The proposal goes to either an offchain or onchain vote.

Anyone who meets the minimum threshold can submit a proposal directly. Alternatively, proposers may seek a sponsor. For full details, refer to the ENS Proposal Submission Guide and explore the ENS Agora Governance interface when preparing to submit a proposal.

Proposal Table

Criteria Social Proposals Executable Proposals
Type of proposal Offchain Onchain
Location Snapshot Tally
Minimum threshold 10,000 ENS 100,000 ENS
Quorum ≥ 1m $ENS, 50% Approval ≥ 1m $ENS, 50% Approval (Votes ‘For’ + Abstain count towards quorum)
Voting period 5 days 7 days
Subject to time-lock? No Yes, 2-day timelock
2 Likes

January 2025

Executable Proposals:

  1. [6.1] [Executable] Convert 6,000 ETH to USDC for DAO Operating Expenses
    The proposal suggests converting 6,000 ETH into USDC to replenish the ENS DAO’s USDC reserves, ensuring a 12-month operational runway for expenses such as payments to ENS Labs, Working Groups, and Service Providers.

    • Vote: Tally
    • Discussion: Open
    • Call Data: View
    • Action: Executed—view onchain results here.
  2. [6.2] [Executable] Endowment Expansion (Third Tranche)
    The proposal aims to transfer 5,000 ETH from the ENS DAO to the ENS Endowment to enhance financial self-sufficiency, and to adjust the ETH allowance reset time from 30 to 25 days to address payment delays.

    • Vote: Tally
    • Discussion: Open
    • Call Data: View
    • Action: Executed—view onchain results here.

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2 Likes

February 2025

Executable Proposals:

  1. [6.x] [Executable] Endowment permissions to karpatkey - Update #5
    This proposal seeks to update the ENS Endowment’s permissions by introducing new strategies focused on diversification of Ethereum Liquid Staking Token providers and stablecoin offerings, including the integration of MakerDAO’s migration to Sky Protocol, Origin Protocol’s oETH, USDT, and Real-World Assets like Mountain Protocol’s USDM.

    • Vote: Pending
    • Discussion: Open
    • Call Data: Pending
    • Action: Pending

Social Proposals:

  1. [6.3] [Social] Renew Service Provider Budget
    This proposal is a plan to renew the ENS Service Provider Program, which funds companies contributing to the ENS ecosystem, with a DAO vote to decide on maintaining, increasing, or reducing the current $3.6 million annual budget, or discontinuing the program.

2 Likes