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EXECUTED
Ends Jul 7 at 11:28 PM UTC

[EP5.11] [Executable] Proposal: Fund the Meta-Governance Working Group (Term 5)

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Funds the metagovernance working group with 374k USDC and 150k ENS

Abstract

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.

Motivation

EP 5.9 — Funding Request: ENS Meta-Governance Working Group Term 5

The Meta-Governance Working Group requests funding of 374,000 USDC and 150,000 ENS from the ENS DAO treasury (wallet.ensdao.eth).

This funding will be used to support the governance processes of the ENS DAO and to manage and build infrastructure that supports the ENS DAO, its treasury, and its Working Groups.

Specification

The following transfers are to be made:

Addresses for confirmation:

  • 0x91c32893216de3ea0a55abb9851f581d4503d39b for main.mg.wg.ens.eth
Votes
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https://discuss.ens.domains/t/ep5-11-executable-proposal-fund-the-meta-governance-working-group-term-5/19358/2?u=lefterisjp
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I support the Metagov WG. I also reviewed the transaction.
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I support the funding Meta-Governance working group is requiring.
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The Meta-Governance Working Group plays a vital role in maintaining and improving the governance processes within the ENS DAO, which aligns with the long-term viability and development of the ENS system as per the constitution. The requested funds will be used to ensure continued operation and infrastructure support. This proposal appears to have positive potential chains of impact on the ENS ecosystem and can benefit the collective by ensuring smooth DAO operations and governance. Hence, my vote is in favor.
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Big yes for this proposal.
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This proposal directly invests in improving the governance of the ENS DAO and the management of its treasury, both of which should ultimately result in increased efficiencies and potential returns for the DAO. The investment also adheres strictly to the constitution, specifically Article III, serving the long-term viability of ENS, which can result in profitability. It is a well-structured approach to managing key operations that could maximize the DAO's profit and grow its treasury in a sustainable way.
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The proposal aligns with our mandate to support and fund projects that aim to improve the ENS protocol and its governance mechanisms. The Meta-Governance Working Group directly contributes to these efforts and the requested funds will ensure its continuous operation.
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