📌 Term 6 Proposal Bulletin

🗳️ Meta-Governance
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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
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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.

Warning : Exercise caution when clicking external links, as they may be outdated, broken, or potentially compromised.

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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.

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April 2025

Social Proposals:

  1. [6.4] [Social] SP Season 2 Vote Amendement
    This proposal introduces ranked voting for Service Providers, letting voters choose between basic or extended budgets per team. It compares only a team’s own budget options and enforces adjacency in rankings to simplify Copeland-based allocation.

  2. [6.5] [Social] SP Season 2 Vote Amendment II
    This proposal enables voters to rank basic and extended budgets independently across all teams, allowing nuanced prioritization. It treats each budget option as a standalone candidate and aligns more closely with voter intent and UI display.

  3. [6.6.1] [Social] April Funding Request - ENS Meta-Governance Working Group Term 6
    ​This proposal requests funding to support the Meta-Governance Working Group through October 2025, allocating $589,000 USDC and 100,000 $ENS tokens to cover steward and secretary compensation, contract audits, DAO tooling, and governance initiatives—including a new program to reward delegates and delegators.

  4. [6.6.2] [Social] April Funding Request - ENS Public Goods Working Group Term 6
    ​This proposal requests $521,000 USDC to fund the Public Goods Working Group through October 2025, focusing on strategic grants, builder grants, and a discretionary buffer. The discretionary buffer is included to address emergent opportunities like hackathon sponsorships.

Special Note:

Both EP6.4 and EP6.5 aim to improve the voting process for the Service Providers Program by allowing more granular input on budgets. They emerged from extensive delegate and working group discussions following feedback during the April 1 All Hands meeting.

While similar in intent, they differ in how ballot preferences are interpreted, how budget types compete, and the degree of expressiveness allowed. EP6.4 bundles each team’s budget options together, while EP6.5 treats them as separate candidates for finer-grained prioritization.

How the vote will be resolved:

  • If both proposals pass, the one with more votes will take effect.
  • If only one passes, that proposal becomes the official amendment.
  • If neither reaches a passing threshold, the current SPP process remains unchanged.
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