ENS Completes a Quiet “Self-Revolution”
- The ENS DAO approved the 'Next Era of ENS DAO' proposal on August 11.
- The proposal aims to hand over daily operations and treasury management to the ENS Foundation.
- 54.6 million ENS tokens will remain under DAO control, with a one-time transfer of 1 million tokens for employee compensation.
- The foundation's board will manage a $65 million endowment fund, subject to a 9-day timelock for transactions.
- The new governance structure separates roles between the protocol, foundation, and development company.
On August 11, the ENS DAO officially voted to approve and execute the 'Next Era of ENS DAO' proposal. This marks a significant shift as the Ethereum domain name protocol seeks to establish a legal entity to represent it in the real world after nearly a decade of operation.
The proposal, initiated by ENS Foundation director Katherine Wu, aims to transfer the DAO's daily operations and treasury management to an institutionalized ENS Foundation. This move has sparked debates within the community, particularly regarding the delegation of voting power and the management of a substantial treasury.
The final approved version of the proposal includes key concessions, ensuring that the majority of ENS tokens remain under DAO control. Additionally, the foundation's management of the endowment fund will be subject to strict oversight, including a 9-day timelock for transactions, allowing the Security Council to veto unauthorized actions.
The new governance structure clarifies the distinct roles of the protocol, foundation, and development company, allowing ENS Labs to focus on product development while the foundation handles legal and operational responsibilities. This restructuring reflects broader trends in the Web3 industry, addressing governance challenges faced by DAOs in recent years.
ENS完成了一次低调的“自我革命”
8月11日，ENS DAO正式投票批准并执行了“ENS DAO的下一个时代”提案。这标志着以太坊域名协议在近十年的运营后，寻求建立一个法律实体以在现实世界中代表自己的重要转变。
该提案由ENS基金会主任Katherine Wu发起，旨在将DAO的日常运营和财务管理移交给一个制度化的ENS基金会。这一举措在社区内引发了关于投票权委托和巨额财务管理的激烈讨论。
最终批准的提案版本包含关键让步，确保大多数ENS代币仍由DAO控制。此外，基金会对捐赠基金的管理将受到严格监督，包括交易需经过9天的时间锁定，允许安全委员会否决未经授权的行为。
新的治理结构明确了协议、基金会和开发公司之间的不同角色，使ENS Labs能够专注于产品开发，而基金会则负责法律和运营事务。这一重组反映了Web3行业中的更广泛趋势，旨在解决近年来DAO面临的治理挑战。