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EXECUTED
Ended Jul 20 at 12:36 AM UTC

[Executable] Establishing a new Security Council

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Votes
4.23Mfor
94.53Kagainst
242.24Kabstain
447.1%Quorum
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Abstract

This proposal establishes the new ENS Security Council based on the results of EP 6.50 “Election of the New ENS DAO Security Council”. The term will last two years, until 16 July 2028.

Motivation

The Security Council was originally established in EP 5.13 as a 4-of-8 multisig with a single power: to cancel malicious proposals made to ENS DAO. It cannot propose, amend, or initiate any governance action. Its term was two years, ending 24 July 2026.

The purpose of this proposal is to establish a new Security Council that will inherit the same responsibilities for the coming two years.

Specification

A single call to the DAO’s TimelockController, granting PROPOSER_ROLE to Blockful’s Security Council contract, which is owned by a multisig with the Security Council members elected in EP 6.50.

The Security Council contract has been deployed to 0x2acBf518b3759f6e1fA163294eda55bF1d0ae051, and the multisig to 0x7101B78638e34444F0a5AdE9e1149fbEeC029931.

After two years, any address may call renounceTimelockRoleByExpiration() to revoke its cancel power unless extend() is called first by a separate DAO proposal.

Votes
4.23Mfor
94.53Kagainst
242.24Kabstain
447.1%Quorum
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Fire Eyes has voted abstain on this proposal. Driven by a number factors, primarily that given the majority of the security council currently views the decisions of ENS Labs and Nick.eth as illegitimate and an attack on the $400m treasury, moving it from a decentralised DAO to a small group of insiders.
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The entire process is illegitimate and everyone knows it.
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ENS
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ENS DAO | [Executable] Establishing a new Security Council