[3.1.2] [Social] Q1/Q2 2023 Funding Request: MetaGov Working Group
Abstract
The Meta-Governance Working Group requests funding of 364,000 USDC, 125 ETH, and 3,500 $ENS from the ENS DAO for Q1/Q2 2023.
This funding will be used to support the governance processes of the ENS DAO as well as manage and build infrastructure to support the ENS DAO and Working Groups.
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 | |
|---|---|---|---|
| MetaGovernance Multisig | 364,000 | 125 | 3,500 |
Description
MetaGovernance Multisig Balance
The MetaGovernance Working Group is requesting 364,000 USDC, 125 ETH, and 3,500 $ENS.
The MetaGovernance Working Group currently has 217,510 USDC, 17 ETH, and 8,940 $ENS in its multisigs.
If this funding request is approved, the MetaGovernance Working Group multisigs will have a total of 581,510 USDC, 142 ETH, and 12,440 $ENS.
| USDC | ETH | $ENS | |
|---|---|---|---|
| Carried Forward (from Q3/Q4 2022) | 217,510 | 17 | 8,940 |
| Requested (for Q1/Q2 2023) | 364,000 | 125 | 3,500 |
| Total Balance | 581,510 | 142 | 12,440 |
MetaGovernance Multisig Allocations for Q1/Q2 2023 (with funding request approved)
The table below shows the total allocations for the MetaGovernance Working Group multisig, and related pods, with funds carried forward from last term (Q3/Q4 2022) along with funds requested in this proposal for this term (Q1/Q2 2023).
| USDC | ETH | $ENS | |
|---|---|---|---|
| Steward + Secretary Compensation | 184,000 | - | 3,500 |
| Governance | 88,500 | 32 | 1,250 |
| DAO Tooling | 171,000 | 60 | 3,000 |
| DAO Sponsorship | 60,000 | 10 | - |
| Discretionary | 78,010 | 40 | 4,690 |
| Total Balance | 581,510 | 142 | 12,440 |
Allocation of Requested Funds
The 364,000 USDC, 125 ETH, and 3,500 $ENS of funds requested in this proposal will be allocated to the following initiatives/outcomes.
| USDC | ETH | $ENS | |
|---|---|---|---|
| Steward + Secretary Compensation | 184,000 | - | 3,500 |
| Governance | 40,000 | 30 | - |
| DAO Tooling | 80,000 | 50 | - |
| DAO Sponsorship | 60,000 | 10 | - |
| Discretionary | - | 35 | - |
| Total Requested Funds | 364,000 | 125 | 3,500 |
Description of Initiatives/Pods
Steward + Secretary Compensation: Working Group Steward compensation totalling $144k USDC + 3,000 $ENS plus Secretary compensation of $40k USDC.
Governance: Fee reimbursements and initiatives related to reducing friction in the governance 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, and Aragon’s DAO Global Hackathon
Discretionary: Funds distributed at the discretion of stewards towards new initiatives + governance experiments.
This proposal was prepared by Katherine Wu, lead steward of the MetaGovernance Working Group.
Off-Chain Vote
For
1.67M ENS100%
Against
178.12 ENS0%
Abstain
166.32 ENS0%
Timeline
Jan 24, 2023Proposal created
Jan 25, 2023Proposal vote started
Jan 30, 2023Proposal vote ended
Apr 15, 2025Proposal updated