Abstract
The ENS Meta-Governance Working Group requests funding of the below to support operations until the March 2024 funding window. This means the Working Group will not be requesting funds in the January 2024 Funding Window.
The Meta-Governance Working Group is responsible for providing governance oversight and supporting the management and operation of working groups through DAO tooling and governance initiatives as well as treasury management for the DAO.
This social proposal is submitted to satisfy the requirements set out in Rule 10.1.1 of the Working Group Rules (EP 1.8). If this proposal is passed, the funding request will be included in a collective executable proposal put forward by all three Working Groups.
Specification
| USDC | ETH | $ENS | |
|---|---|---|---|
| ENS Meta-Gov Main Multisig | 376,000 | 40 | 52,300 |
Description
Current Metagov Wallet Balances
(Values expected as of October 20th, 2023 - Use hyperlinked wallet names to see current balances)
| Address | ETH | USDC | $ENS |
|---|---|---|---|
| ens-metagov.pod.xyz | 1.2* | 162,653 | 1,990 |
| ens-governance.pod.xyz | 32 | 83,500 | 1,250 |
| ens-daotooling.pod.xyz | 0 | 85,993 | |
| ens-endowmentfees.pod.xyz | 86.69 |
*As of 10/18 this wallet also temporarily holds the 117 ETH being distributed via [EP4.3] [Executable] Refund .eth names affected by normalization updates
Expenditures
Meta-Gov sets aside funds to ensure coverage for critical mission initiatives. While we strive to estimate term expenditures accurately, the final spending depends on pending initiatives. We anticipate that Final Expenditures will not surpass the Expected Expenses allocated for the term.
Expected Expenses through March 2024
| USDC | ETH | $ENS | |
|---|---|---|---|
| Steward + Secretary Compensation | 276,000 | - | |
| Governance | 50,000 | - | 52,300 |
| DAO Tooling | 50,000 | 30 | - |
| DAO Sponsorship | - | 10 | - |
| Discretionary | - | - | - |
| Total Balance | 376,000 | 40 | 52,300 |
Description of Initiatives/Pods
Steward + Secretary Compensation: Working Group Steward and Secretary compensation totalling $276,000 USDC.
Governance: Fee reimbursements and initiatives related to reducing friction in the governance process. This can also include $ENS distributed in order to lower barriers to the governance proposal process.
DAO Tooling: Developing interfaces and dashboards to improve the governance process and increase transparency across the DAO.
DAO Sponsorship: Sponsoring DAO-specific events such as DAO NYC, DAO Tokyo, or others that fit the criteria.
Discretionary: Funds distributed at the discretion of stewards towards new initiatives + governance experiments.
This proposal was prepared by katherine.eth, lead steward of the ENS Meta-Governance Working Group.
Off-Chain Vote
For
1.28M ENS81.8%
Against
283.98K ENS18.2%
Abstain
49.11 ENS0%
Timeline
Oct 19, 2023Proposal created
Oct 20, 2023Proposal vote started
Oct 25, 2023Proposal vote ended
Dec 08, 2025Proposal updated