🗳️ Voting Period Bulletin

🗳️ Meta-Governance
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:ballot_box: Voting Period Bulletin

About Proposals

Proposals are the means by which changes are made to the status quo. There are two types of proposals:

  1. Social Proposals: offchain proposals that ask for the agreement of the DAO on a social consideration that cannot be enforced onchain.
  2. Executable Proposals: onchain proposals that execute code related to the ENS Protocol and ENS DAO smart contracts, as voted on by the DAO.

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

These proposals are submitted for a vote, where delegates cast their votes in proportion to the number of tokens they hold in $ENS. If a proposal reaches the required quorum and passes, it is then ratified and implemented. Refer to the proposal table for details on each type of voting proposal.

Onchain voting is free! Courtesy of Tally and ENS DAO.

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April 2024

[EP 5.5] Funding Request: ENS Public Goods Working Group Term 5 (Q1/Q2)

In accordance with Rule 10.1 of the Working Group Rules, the Pubic Goods Working Group have put forth an executable proposal detailing a funding request. If successful, the request will transfer 450.3k USDC and 21.5 ETH from wallet.ensdao.eth to the Public Goods working group.

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[EP 5.6] Enable Self-Funding for the Endowment

Regular and routine management of the Endowment is necessary to continue operations. This executable proposal details a measure to finance the Endowment, as well as a reimbursement for interim funding provided from the Meta-Governance Multi-sig to settle Endowment fees during the months of January and February. The payload will be executed by the wallet.ensdao.eth to create the aforementioned allowance and reimbursement.

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Note: This thread is meant to distribute information about proposals. Please refrain from commenting otherwise.
2 Likes
3

May 2024

[5.7][Social] Security Council

The primary mission of ENS DAO is to govern the protocol and allocate resources in line with its constitution and objectives. However, changing economic dynamics make the DAO vulnerable to attacks aimed at draining its treasury. This proposal seeks approval from the ENS DAO to counter governance attacks by creating a veto role (veto.ensdao.eth), endowed with approximately 3.8 million $ENS delegated from ENS Labs. This role will be controlled by a multisig wallet pertaining to a trusted group to veto proposals that threaten the DAO’s integrity or violate its constitution. It also introduces a CANCEL role, assigned to the same multisig wallet.

  • Vote: Snapshot
  • Results: 100% Approval
  • Transaction: None

[5.8][Social] ENS Steward Vesting Proposal

This proposal suggests implementing a vesting schedule for $ENS tokens distributed to stewards of all three ENS DAO Working Groups. The proposed vesting will occur over a 24-month period to align steward interests with the DAO’s long-term goals, with provisions for both current and retroactive vesting terms.

  • Vote: Snapshot
  • Results: 58.77% Approval
  • Transaction: None

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Note: This thread is meant to distribute information about proposals. Please refrain from commenting otherwise.
1 Like
4

June 2024

[5.9.1][Social] Funding Request: ENS Meta-Governance Working Group

Meta-Governance is seeking funding to support DAO-wide operations, including Working Groups, treasury management, and governance initiatives. This request aligns with Rule 10.1.1 of the Working Group Rules, and amendments introduced in EP 4.8, and includes vesting contracts as per EP 5.8.

  • Vote: Snapshot
  • Results: 98.98% approval
  • Transaction: None

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[5.10][Social] Confirming the ENS DAO Security Council Members

Following EP5.7’s approval, this proposal confirms 8 Security Council members to protect ENS from governance attacks by canceling malicious proposals. The council operates under a 4/8 multisig configuration and has a 2-year veto power. A For/Against/Abstain vote will confirm the members, with a quorum of 1 million votes needed.

  • Vote: Snapshot
  • Results: 99.99% approval (excluding abstentions)
  • Transaction: None

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Note: This thread is meant to distribute information about proposals. Please refrain from commenting otherwise.
2 Likes
5

July 2024

[5.11][Executable] Fund the Meta-Governance Working Group (Term 5)

Meta-Governance is seeking funding to support DAO-wide operations, including Working Groups, treasury management, and governance initiatives. This request aligns with Rule 10.1.1 of the Working Group Rules and amendments introduced in EP 4.8. This proposal will execute the funding specification according to EP 5.9, as amended by EP 5.8.

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[5.12][Executable] Roles Modifier V2 Migration & Updates to Endowment Permissions

This proposal seeks to implement the updated Zodiac Roles Modifier v2 module, enhancing usability and transparency in treasury management. If approved, the module will be activated, and the DAO will revise the permissions policy. Key changes include enabling swaps on CoW Swap and eliminating obsolete actions and protocols while refining existing permissions.

* minimum approval is calculated as total of for votes plus against votes, as follows: for votes / ((for votes + against votes) * 100)

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[5.13][Executable] Security Council

This proposal aims to safeguard the ENS DAO against malicious proposals and mitigate governance attack vectors. A Security Council, elected through the DAO’s governance process, will be granted the PROPOSER_ROLE in the time lock, enabling it to cancel proposals (callable only by the Security Council multisig) without the power to initiate or modify other DAO actions.

The scope of this proposal is to assign the PROPOSER_ROLE to the Security Council contract. This contract will have a time-based expiration, allowing anyone to revoke the PROPOSER_ROLE after two years. The Security Council will act only in emergencies, such as proposals that violate the ENS constitution or have malicious intent, ensuring a secure interregnums while mitigating risks.

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Note: This thread is meant to distribute information about proposals. Please refrain from commenting otherwise.
2 Likes