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Welcome to the ENS DAO Newsletter:

•  New editions — published bi-weekly (Tuesday)

• 📑 Previous editions are archived on the ENS DAO Governance Forum.

• 🗳 New proposals are broadcasted to Telegram.

• 💬 Submit feedback — tell us what to feature!

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Refer to ENS DAO Calendar for ENS DAO working group calls and other events.

• Calendar: Public Access

• Calendar: Access with Gmail

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• [EP4.9][Social] Select providers for EP4.7 streams

The DAO will be conducting Steward Elections concurrently with the Service Provider vote. We ask delegates to review proposals carefully before casting their vote. For more information on the Steward Election Process and the Service Provider vote, click either respective hyperlink.

• December 6-9: Nomination Period for Steward Elections

• December 10: Steward Elections begin at 9am UTC

• December 15: Steward Elections end at 9am UTC

• Service Provider Nomination Thread and PDF

• Meta-Governanance Nomination Thread

• Ecosystem Nomination Thread

• Public Goods Nomination Thread

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Note: A minimum of 100k $ENS is required to submit executable proposals. Once a proposal gains momentum, the stewards will prioritize it for a vote during the designated voting window. See our Governance Docs for more information. To view the real-time distribution of voting power among delegates, visit votingpower.xyz.

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In November 2023, ENS (Ethereum Name Service) saw substantial activity with 20.8k new .eth domain registrations, increasing the total number of names to 2.3 million. This activity generated $1.1 million in protocol revenue, which was entirely directed to the ENS DAO. The ENS ecosystem expanded with 16k new Ethereum accounts holding at least one ENS name, bringing the total to 795k accounts. The month also marked the setting of 14k primary ENS names, resulting in a total of 690k names. In addition to these milestones, the personalization of ENS profiles grew with 3.5k new avatar records set, achieving a total of 138k avatars.

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Notice: Please be informed that the ENS Repository has been updated with new commits and actions in the past two weeks since our last newsletter. While we strive for accuracy, there may be instances of incompleteness or errors. For the most precise and up-to-date information, we recommend checking the ENS Repository directly. We appreciate your understanding and encourage your due diligence.

1. Repository: ensdomains/offchain-gateway-rs

   • Antony1060 (Merged PR): Implement encoding for multicoins

   • Antony1060 (Commit): Basic multicoin address encoding (working ETH)

   • Antony1060 (Commit): Fix comment

   • Antony1060 (Commit): Implement multicoin encoding

   • Antony1060 (Commit): Misc

   • lucemans (Merged and Deleted Branch): feat/multicoin-encoding

2. Repository: ensdomains/offchain-resolver

   • mdtanrikulu (Merged PR): retrieve signer from extradata for proxy calls

   • mdtanrikulu (Commit): retrieve signer from extradata for proxy calls

   • mdtanrikulu (Commit): update test

   • mdtanrikulu (Merged and Deleted Branch): mdt/retrieve-signer-from-extradata

3. Repository: ensdomains/governance-docs

   • ENSpunks (Update): Update README.md

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Nick.eth recently spoke to CoinDesk regarding a patent issue, claiming that Unstoppable Domains patented technology based on innovations developed by ENS. He is now considering challenging the patent, asserting the importance of open-source standards over patented technology. Unstoppable Domains, however, denies the validity of this claim, stating that their patent is for technology they independently developed and used, including unique features like gasless transactions. — — 11.21.23 

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In a recent thread, Sadaf.eth, Director of Marketing for ENS Labs, posited that ENS represents a fundamental paradigm shift in digital identity management. The discourse emphasizes ENS’s key principles of decentralization, trustlessness, permissionlessness, and interoperability, lauding the framework’s innovative approach to blockchain technology. Sadaf.eth asserts that ENS extends beyond mere technical features; it is a commitment to democratizing the internet and promoting digital autonomy. The trustless and permissionless nature of ENS is portrayed as a stride towards inclusivity and a new standard in establishing digital trust, while its interoperability signifies a transformative step in facilitating seamless interactions across various blockchain platforms.

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• ENS Radio: Airstack — 11.28.23 

• Community Space: Ethereum Follow Protocol — 11.30.23 

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In response to the ongoing public discussion about disputed patents, @slobo.eth has launched a site where the community can mint a complimentary teamnick.eth subname to signal their support for open-source and open standards in decentralized innovation. The site was built using technology such as CCIP-read, ENSIP-10: Wildcard Resolution and more. This effort demonstrates a commitment to open innovation on the decentralized net. We encourage the community to mint their subname at teamnick.xyz — 11.27.23 
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OnThis.xyz aims to improve the user experience by simplifying complex DeFi interactions. Instead of multiple steps to transact, ENS Shortcuts allow users to execute actions such as swaps, staking, or bridging with just a single domain reference, like sending ETH to specific ENS names like portal.base.eth. They are introducing an incentive layer for Shortcut creators and users where they can be rewarded for everyday transactions. To participate, users are instructed to create a post on the Onthis Forum that describes their Shortcut and share it to boost activity and awareness. The Onthis team will select the Shortcut that receives the most support on the forum, then build and deploy it, including the creator’s wallet address upon deployment. Users can then use a Shortcut to earn points. For more information, review their thread on X — 11.21.23 

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Coinbase Wallet has achieved a significant milestone by issuing over 4 million ENS subnames to date via their cb.id domain. This achievement underscores the growing adoption of the Web3 ecosystem, with leaders like Sadaf.eth prompting users to secure their own ENS names if they haven’t already. — 11.29.23 

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ENS Ecosystem project 1W3, a no-code web3 site builder, launched a browser extension which allows for ENS Website Resolver accessible on Chrome and Edge via extension. Check out their video tutorial and download the extension here to get started. — 11.28.23 

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Forge is an initiative by ENS.Vision at the forefront of developing open-source software dedicated to enhancing and innovating within the ENS Ecosystem. Their key offerings include:

• Forge.Node: This component efficiently consolidates ENS data from on-chain, off-chain, and secondary markets into one accessible location.

• Forge.Substore: A smart contract that enables users to create their own subdomain stores, facilitating the easy minting of subdomains from a parent domain. This is particularly useful for launching Initial Subdomain Offerings (ISOs).

• Forge.Registrar: This smart contract within Forge aids in domain registration by allowing the minting of multiple domains in a single transaction. Its design is gas-efficient and includes a built-in revenue-sharing program, making it an ideal choice for platforms that aim for streamlined domain acquisition and distribution.

Their team is committed to ongoing innovation and expansion, continuously evolving alongside the ENS ecosystem. — 11.29.23 

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Receipts.xyz is a platform that integrates fitness achievements from Starva with blockchain technology. Users can connect their wallets, authenticate their fitness account achievements, and compete to be the top runner on their ENS-supported leaderboard. The platform then allows users to attest these accomplishments to their wallets using the Ethereum Attestation Service. This attestation process involves creating a metadata record of the achievement, which is then published to IPFS and can be queried by anyone. Additionally, users have the option to mint these attestations as NFTs, making them shareable and viewable across various applications and platforms. Essentially, Receipts.xyz provides a way to record and showcase fitness accomplishments using blockchain technology. — 12.1.23 

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ZKP2P is creating a trustless P2P fiat-to-crypto onramp using zero-knowledge proofs (zk proofs) to ensure secure and private transactions. Its latest feature enables users to conduct transactions with selected counterparties, including those with ENS profiles. This capability not only enhances trust by allowing transactions with known entities but also leverages ENS for greater transparency in the P2P crypto space. — 12.1.23 

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The Token Name Service (TNS), which is built on ENS Protocol, has recently marked a significant milestone by integrating with Blockscout, a blockchain explorer. TNS is a decentralized registry that assigns symbols to tokens and maintains a shared dataset of token metadata on the Ethereum Mainnet. With this integration, Blockscout can source accurate and decentralized token information directly from TNS, enhancing the information’s reliability. This facilitates the provision of a decentralized source of truth for token metadata, such as names, logos, and project URLs, which is particularly valuable for tokens not listed on centralized platforms like Coingecko or CoinMarketCap. — 12.1.23 

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Interface, a social platform for the Ethereum community, has introduced a “suggested user list” feature that promotes ENS names as the primary identifiers for its users. This innovative integration underscores the platform’s commitment to leveraging Ethereum’s unique capabilities to enhance the social connectivity within the blockchain space. By using ENS names, Interface not only simplifies user interactions but also fosters a sense of community and identity tied to the Ethereum ecosystem. This move aligns with the growing trend of integrating blockchain technology into social platforms to ensure user-centric, secure, and decentralized digital identities. — 12.1.23 

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The Ethereum Follow Protocol (EFP) is poised to enhance ENS by adding a social graph component, with a planned rollout in the first half of Q1 2024. EFP aims to give ENS a competitive edge against rival social graph projects that offer their own naming and profiling systems. Key team members include brantly.eth, cory.eth, an innovator in the ENS ecosystem, and esm.eth, a developer known for his decentralized social media platform built on ENS and recognition in the Web3 space. These individuals bring a wealth of experience and deep connections within the ENS community, indicating a promising start for EFP. Launch partners include Skiff, Nifty Island, ENS Vision, Llamafolio, Interface, and more. — 12.1.23 

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• Meta-Governance @ 3PM UTC Tuesday — Google Meet

• Public Goods @ 4pm UTC Tuesday — Google Meet

• 🌱 ENS Ecosystem @ 4pm UTC Thursday — Google Meet

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Note: The DAO will observe a moratorium in advance of the holiday season. This year’s final Working Group meeting will take place on the 15th. The DAO will resume business as usual on the first fiscal business day of the new year (2024).

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• Minutes for Weekly Meta-Gov Meeting — November 21st

• Minutes for Weekly Meta-Gov Meeting — November 28th

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The November 2023 financial report for ENS presents a positive financial outlook. Key highlights include:

1. Sustainability: The organization’s revenues exceed its cash burn, with a cash inflow greater than the cash burn, ensuring a substantial runway of 134 months.

2. Endowment: The second tranche of the endowment has been funded, and there’s ongoing diversification of ETH holdings. The endowment’s recurring revenues now cover 23% of the cash burn.

3. Revenues and Cash Inflow: The report shows revenues of $2.0 million, an increase from $1.8 million in the previous month and $2.3 million from the previous year. The cash inflow is recorded at $1.2 million, consistent with the previous month but lower than the $1.7 million from the previous year. The cash inflow is 1.67 times the cash burn.

4. Cash Burn and Reserves: The normalized cash burn is $0.7 million, slightly higher than the previous month’s $0.6 million but lower than the $0.9 million from last year. The reserves stand at $92 million, up from $85 million in the previous month and significantly higher than the $53 million from the previous year. These reserves include $67 million in ETH and $25 million in USDC.

5. Endowment Assets and P&L: The endowment assets total $64.9 million, with $13.0 million in stablecoins and $51.8 million in ETH. The profit and loss (P&L) for the period is $5.9 million, primarily from ETH mark-to-market (M2M) gains.

This summary indicates a strong financial position for ENS, with significant reserves, a healthy cash inflow, and a robust endowment, underscoring its sustainability and growth potential. Review the full report prepared by @Steakhouse here. — 12.5.23 

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In a recent Q&A session with @AvsA about standards and metrics for the Stream for Providers initiative, it was recommended that Meta-Governance oversee the overall process, with individual streams being managed by the Ecosystem Working Group. The formation of a new working group to handle the Streams Initiative was proposed for next year, but is still up to debate. Service providers are expected to give regular updates; however, if these updates cease, Stewards should step in and halt stream payments. The identity of next year’s Stewards is still undetermined, but they will be encouraged to develop their own processes. A minimum one-month interval for updates is suggested to confirm ongoing activity, but Stewards may require more frequent updates as needed. The overarching goal is to enhance the stability and growth of ENS, maintaining leniency to allow all projects to be eligible for the ballot. — 11.28.23 

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In a recent discussion regarding the update and new ETA for Name Normalization, it was revealed that the algorithm for refunding .eth names affected by normalization updates had a minor flaw, which was fortunately identified just before its distribution. To ensure thoroughness, a few more weeks have been allocated, allowing for the detection of any additional issues. The objective remains to complete the distribution before the year’s end, though it could potentially be expedited if necessary. — 11.28.23 

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The Meta-Governance working group is seeking proposals from qualified individuals or firms to create comprehensive DAO bylaws for the ENS DAO. These bylaws should be clear, adaptable, and follow best practices, including existing DAO documentation. They will cover aspects like working group operations, voting processes, bylaws amendments, and the DAO’s responsibilities. The RFP is open until January 8th, with submissions accepted via DM to @Meta-Gov_Stewards. After review, the selected party will work with the Meta-Governance Working Group to draft the bylaws for DAO review and adoption through a social vote. — 11.20.23 

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• Minutes for Weekly Public Goods Meeting — November 21st

• Minutes for Weekly Public Gooods Meeting — November 28th

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Public Goods Steward @vegayp.eth recently hosted a space on X to discuss and inform the community about the ENS Small Grants initiatives which encourages Web3 developers to build open-source projects on ENS. You may review the talk here. — 11.27.23 

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The ENS DAO Public Goods Stewards hosted a panel at NotDEVCON where they discussed the Public Goods grants initiatives, the mission and purpose, the voting process and more. The panel featured past grantees including RevokeCash, Token Engineering Academy, and Clave. Watch highlights from the talk here. — 11.27.23 

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A 501(c) non-profit in the US, discussed their work on building infrastructure for digital self-governance and the State of Web3 Grants report, alongside their active contributions to the Web3 space through DAOstars, a subsidiary focusing on Web3 standards. They plan to hold a “Web3 Grants Summit” at EthDenver and are engaged in research and technical standards. — 11.30.23 

Giveth is conducting ENS-sponsored quadratic funding rounds to support public good projects, with plans to run multiple rounds simultaneously, similar to Gitcoin’s model. They have completed a successful first round and are seeking feedback for future rounds. — 11.30.23 

Bankless Academy is an interactive Web3 education platform. Independent from BanklessDAO and BanklessHQ, it aids users in building their digital presence and sovereignty, offering lessons on creating Web3 wallets and onboarding to the Optimism network, and aims to extend its outreach within the ENS ecosystem. Each project embodies a facet of the broader goal to support and develop the Web3 ecosystem through education, infrastructure, and community engagement. — 11.30.23 

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• Minutes for Weekly Ecosystem Meeting — November 23rd

• Minutes for Weekly Ecosystem Meeting — November 30th

Note: The ENS Ecosystem Working Group offers rolling grants, and applicants can apply anytime. The evaluation process takes around four weeks, and unsuccessful applicants are welcome to reapply in the future.

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ENS Labs has signaled the imminent launch of ENS.js version 3, boasting enhancements in efficiency, bug fixes, and smoother operation across the Ethereum Name Service (ENS). This update promises to streamline user experiences and provide more robust service capabilities. — 11.28.23 

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In a notable collaboration, luxury brand Louis Vuitton has released an NFT collection that utilizes an ENS name, with ENS Labs playing a pivotal role in securing the primary ENS name for this initiative. — 11.28.23 

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Alex Plutta has introduced an ENS Gateway and Verifier on Arbitrum at the ETHGlobal Istanbul Hackathon. This project facilitates the verification of state proofs from contracts on Layer 2 within a Layer 1 context, enhancing cross-chain interactions. — 11.28.23 

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Sem Bee’s ENS Wayback Machine is a new tool allowing users to travel back in time to explore the history of ENS-linked decentralized applications (dApps), adding a historical dimension to the ENS experience. — 11.28.23 

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NameHashLabs.org has launched NameKit, a tool designed to improve the economics of integrating ENS into applications. This aligns with the goal of making ENS more accessible and ensuring compatibility with other community builders. — 11.28.23 
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The Handle.eth project aims to create the largest subdomain network within the ENS ecosystem, envisioning it as a marketing powerhouse for ENS and offering free subdomain registrations. — 11.28.23 

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• ENS DAO Basics

• Support Docs

• Governance Docs

• ENS Agora

• Give Feedback

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Thank you very much for reading! Goodbye. 👋🏻

_

Welcome to the ENS DAO Newsletter:

•  New editions — published bi-weekly (Tuesday)

• 📑 Previous editions are archived on the ENS DAO Governance Forum.

• 🗳 New proposals are broadcasted to Telegram.

• 💬 Submit feedback — tell us what to feature!

—

Refer to ENS DAO Calendar for ENS DAO working group calls and other events.

• Calendar: Public Access

• Calendar: Access with Gmail

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Ratification Update for DAO Delegates: The DAO has voted FOR the belowmentioned proposals and will be implemented on or after November 10th. For a detailed review of the discussions and to track the implementation, delegates can refer to the respective proposal links. Thank you for your continued participation in ENS DAO Governance.

• [EP 4.5] [Executable] Endowment permissions to karpatkey

• [EP 4.6] [Executable] October 2023 Working Group Funding

• [Social] Create Streams for new service providers

• [Social] Amend working groups rules to extend to a full year

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Note: A minimum of 100k $ENS is required to submit executable proposals. Once a proposal gains momentum, the stewards will prioritize it for a vote during the designated voting window. See our Governance Docs for more information. To view the real-time distribution of voting power among delegates, visit votingpower.xyz.

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In October 2023, ENS experienced significant growth; the service witnessed 56,000 new .eth domain registrations, bringing the total number of names to 2.4 million. This generated $1.2 million in protocol revenue, which was fully allocated to the ENS DAO. Additionally, the ENS ecosystem grew with 49,000 new Ethereum accounts that hold at least one ENS name, culminating in a total of 790,000 such accounts. The month also saw 47,000 primary ENS names being set, amounting to a cumulative total of 677,000. Furthermore, there was an increase in the personalization of ENS profiles with 11,600 new avatar records set, reaching a new high of 135,000 in total. — 11.02.23 

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Notice: Please be informed that the ENS Repository has been updated with new commits and actions in the past two weeks since our last newsletter. While we strive for accuracy, there may be instances of incompleteness or errors. For the most precise and up-to-date information, we recommend checking the ENS Repository directly. We appreciate your understanding and encourage your due diligence.

1. Repository: ensdomains/ens-app-v3

   • storywithoutend pushed: Merge pull request #599 from ensdomains/fix/non-ev-delete-advanced-ed Test #2336 & Cloudflare Pages #2552, Commit fb93a2f

   • storywithoutend pushed: Merge pull request #600 from ensdomains/FET1316-tests Test #2335 & Cloudflare Pages #2551, Commit df1be51

   • storywithoutend pushed: fix bug in useExpandableRecordsGroup Test #2334 & Cloudflare Pages #2550, Commit c336a75

   • sugh01 pushed: (test) Add few more records to test Test #2333 & Cloudflare Pages #2549, Commit 9d17fd0

   • storywithoutend pushed: update profile editor spec for abi record item Test #2332 & Cloudflare Pages #2548, Commit 3d64f1a

   • storywithoutend pushed: update unit test Test #2331 & Cloudflare Pages #2547, Commit be7d797

   • storywithoutend pushed: advanced editor fix: abi, rebuilding state, delete addresses Test #2330, Commit 4fe785f

   • gskril merged: 

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In a nuanced situation, Unstoppable Domains (UD) has made strategic moves that have stirred the waters with ENS Labs. UD, having secured a patent and actively pursuing others, positions itself protectively within the Web3 domain. They have extended an invitation to ENS Labs to join the Web3 Domain Alliance, an initiative led by UD, which ostensibly champions open innovation.

Nick Johnson of ENS Labs has publicly expressed concern about this direction. ENS, a proponent of open-source and open standards, seems to feel that UD’s actions could potentially stifle innovation in the Web3 naming space. There is an implication that ENS Labs sees the requirement to join the Web3 Domain Alliance as a form of strong-arming, given UD’s patent activities.

ENS has suggested an alternative: a legally enforceable patent pledge from UD to the entire Web3 community, ensuring open-source access and preventing potential litigation against innovators in the space. However, UD’s response indicates a belief in the protective power of patents and a preference for managing these issues within the alliance framework they lead.

The discourse suggests a tension between two philosophies: one that believes in an unencumbered commons for innovation and another that sees strategic patenting and alliances as necessary for defending against threats, particularly from Web2 incumbents. ENS Labs stands firm in its position, willing to challenge the patent if they believe it encroaches upon their innovations. Meanwhile, UD holds that their approach with the alliance and patenting is in the best interest of Web3’s future, implying that their methods provide a safeguard for the community.

Both parties appear to remain open to dialogue, although their stances on how best to foster innovation within Web3 are at odds. The resolution of this conflict could set a precedent for how intellectual property is handled in the emergent and rapidly evolving Web3 space. — 11.16.23 

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ENS Labs has unveiled the EVM Gateway; it is designed to enhance interoperability across Ethereum Layer 1 and Layer 2 networks, paving the way for a new era of seamless blockchain integration. By facilitating secure and efficient cross-chain interactions, the EVM Gateway serves as a cornerstone for the next generation of Layer 2 resolvers. Its modular architecture empowers developers to either set up their own gateways or leverage existing ones, ensuring a versatile and user-friendly experience. Already making waves, the EVM Gateway has been adopted for early use on the Optimism Goerli Testnet, marking a significant milestone in ENS Labs’ Layer 2 roadmap. With the potential to revolutionize communication between smart contracts and decentralized applications, the EVM Gateway is poised to foster a more connected and efficient ecosystem. — 11.15.23 

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At Chainlink’s Constellation Connect in London, Matoken.eth delivered a presentation on the EVM CCIP-Read Gateway. This event marked the first public unveiling of this scaling technology developed by ENS Labs. The presentation covered various aspects, including ENS’s offchain strategy, the intricacies of the EVM L2 Gateway, and its applications beyond ENS. Matoken.eth also introduced practical components like the Offchain Resolver Starter Kit and the EVM Gateway Starter Kit. Review the presentation and visit the repository. — 11.08.23 

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At Devconnect, @matoken.eth and tanrikulu.eth (@mdt) presented a comprehensive overview of “The ENS Canon.” This presentation explored the intricacies of ENS and its multifaceted utilities in Web3. Key highlights of the presentation included an in-depth explanation of what ENS is, its integration examples, and its role as a Web3 username. The speakers delved into three levels of building on ENS: reading ENS data, writing ENS data, and utilizing the EVM Gateway. They demonstrated the practical use of ENS in various scenarios, such as reverse lookups and avatar text record examples. The discussion also touched upon advanced concepts like the EVM Gateway’s role in verifying Layer 2 data on Layer 1, emphasizing its importance in a trust-minimized gateway. This presentation not only informed the audience about the technical aspects of ENS but also highlighted its significance in improving user experience in the Web3 ecosystem. — 11.17.23 

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ENS Labs has announced a significant new hire for their team, bringing on board Alex Urbelis from Crowell. Alex will serve as the General Counsel and Chief Information Security Officer (CISO) for the organization. With a track record of international recognition as a technology attorney and cybersecurity expert, Alex’s previous roles include serving as CISO at the NFL and substantial work with ICANN and DNS. His expertise encompasses threat intelligence, digital asset protection, and cybersecurity practices, and he is noted for his unique multidisciplinary approach to legal issues. ENS Labs has expressed their enthusiasm for Alex joining their team, underscoring the valuable addition he will make with his breadth of experience and depth of knowledge in the field. Welcome, Alex! — 11.09.23 

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• ENS Spotilight: Nick.eth discusses scaling ENS via CCIP Read — 11.04.23 

• ENS Spotlight: Sadaf.eth explosres SocialFi via ENS — 11.17.23 

• ENS Radio: Small Grants Highlights — 11.07.23 

• ENS Radio: ETH.LIMO — 11.14.23 

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The ENS DAO is observing its biennial anniversary by reflecting on the significance of its Constitution and the core values and principles it established for decision-making. There is a call to revisit the five foundational articles that guide the governance of ENS. The Constitution serves as a bedrock for the community, guiding aspects beyond the scope of DAO smart contracts to ensure legitimacy and alignment with the community in discretionary decisions. This anniversary marks a milestone of over 84,000 voters who ratified the Constitution two years ago, underscoring the active participation and engagement of the ENS community in the governance process. — 11.16.23 

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Coinbase has integrated Ethereum Attestation Service (EAS) to enable users to verify their account and country credentials directly on the Ethereum blockchain, a process fully authenticated by Coinbase. This feature allows users to confirm the legitimacy of their trading accounts and, if desired, their country of residence, linking these verifications to their self-custodial Ethereum wallet addresses, which are not transferable. Additionally, Coinbase leverages ENS subnames, particularly through verifications.coinbase.eth, to further underscore its commitment to trust and reliability, demonstrating the effective application of ENS subnames in enhancing user security. — 11.09.23 

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6229.eth recently secured “The Goose” artwork, at thegoose.6529.eth. This move not only showcases the artwork’s unique identity but also underscores the growing trend of utilizing ENS subnames for digital asset management. ENS subnames serve as a simplifying layer, offering memorable and personalized addresses for complex blockchain identifiers. — 11.10.23 

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The Public Goods Working Group hosted a panel during ITU Blockchain’s event “notDEVCON”; the talk featured a retrospective on ENS DAO’s Public Goods funding model where they presented several initiatives including ENS Grants, Small Grants and Large. — 11.17.23 

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Status.app is an open-source, decentralized crypto communication super app that offers various features designed for web3. It’s integrated ENS, which allows users to utilize their ENS names for simplified sign-ups to its beta. Status.app offers a diverse set of web3 features, including decentralized community engagement, private messaging with encryption, multi-chain cryptocurrency management, and a dApp browser for web3 applications. — 11.18.23 

_

1W3’s inaugural buildathon has closed and the organizers are pleased to reveal the outstanding winners. A total of $1150 in prizes was distributed among six exceptional participants:

• artiefishal.eth

• aft3rparty.eth

• tradfi.web3kz.eth

• joyful.eth

• chapy.eth

• frogfrens.eth

These winners distinguished themselves with their inventive and forward-thinking solutions, highlighting the remarkable talent and collaborative spirit within the tech community. Their achievements emphasize the crucial role of such events in fostering innovation.

1W3 expressed their gratitude to ENS DAO and Labs for their invaluable support and collaboration in bringing the 1W3-sponsored Buildathon to fruition. — 11.18.23 

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@Raffy.eth has developed a convenient tool to streamline the process of ENS domain name expirations. This innovative solution, available at raffy.antistupid.com/eth/ens-exp.html, provides users with a hassle-free way to verify the expiration status of multiple ENS domains in one go. By using this tool, users can efficiently manage their ENS portfolio, ensuring they never miss an important renewal date. — 11.18.23 

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Blockful.io hosted an impromptu “frENS hour” event at Devconnect Istanbul, proudly organized and supported by Blockful, FireEyesDAO, and POAP. This event brought together blockchain enthusiasts, developers, and members of the community for an engaging and informative gathering. Participants had the opportunity to network, share insights, and learn from experts in the field. It was a dynamic occasion that showcased the collaborative spirit of the blockchain ecosystem. — 11.14.23 

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• Meta-Governance @ 3PM UTC Tuesday — Google Meet

• Public Goods @ 4pm UTC Tuesday — Google Meet

• 🌱 ENS Ecosystem @ 4pm UTC Thursday — Google Meet

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• Minutes for Weekly Meta-Gov Meeting — November 7th

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The ENS DAO October Financials reveal a strong position in terms of sustainability and endowment. Revenues are higher than cash burn, with a cash inflow of $1.2 million, which is 2.17 times the cash burn rate, and an operating runway of 151 months. This indicates a healthy financial status, with the current revenues at $1.8 million compared to $1.9 million in the previous month and $2.8 million in the previous year. The normalized cash burn stands at $0.6 million, consistent with the previous month and down from $0.8 million the previous year. Reserves have increased to $85 million, up from $80 million last month and $62 million last year, consisting of $59 million in ETH and $26 million in USDC​​.

The endowment is also well-funded, with the second tranche completed and a social consensus reached to reduce stETH exposure to 20%. The endowment’s assets amount to $58.8 million, with $13.0 million in stablecoins and $45.8 million in ETH invested. The Profit and Loss (P&L) for the period stands at $4.3 million, which includes $4.2 million from ETH mark-to-market and $117k from returns. These returns count token yield farming rewards when they are claimed and converted to the base currency. The financial reporting indicates that the endowment’s recurring revenues cover 21% of the cash burn, which is a positive sign of financial health and forward planning.​ — 11.09.23 

Read the full reports here:

• Karpatkey October Treasury Report

• Steakhouse October Financial Report

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The Meta-Governance working group is seeking proposals from qualified individuals or firms to create comprehensive DAO bylaws for the ENS DAO. These bylaws should be clear, adaptable, and follow best practices, including existing DAO documentation. They will cover aspects like working group operations, voting processes, bylaws amendments, and the DAO’s responsibilities. The RFP is open until November 21st, with submissions accepted via DM to @Meta-Gov_Stewards. After review, the selected party will work with the Meta-Governance Working Group to draft the bylaws for DAO review and adoption through a social vote. — 11.20.23 

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• Minutes for Weekly Public Goods Meeting — November 7th

—

The discussion consisted of increasing accessibility of engaging in DAO proposals. Coltron.eth expressed a keen interest in fostering discussions on this matter. The conversation revolved around strategies to acquire voting power, including delegate races and potential collaborations with entities such as Coinbase, which holds a significant number of delegations. Coltron recommended setting aside this topic for a future meta-governance discussion. Additionally, it was announced that a DAO Town Hall is scheduled for December, with the exact date yet to be confirmed. — 11.07.23 

—

• Minutes for Weekly Ecosystem Meeting — November 9th

• Minutes for Weekly Ecosystem Meeting — November 16th

Note: The ENS Ecosystem Working Group offers rolling grants, and applicants can apply anytime. The evaluation process takes around four weeks, and unsuccessful applicants are welcome to reapply in the future.

—

Hidayath.eth recently presented their project, eth.cd, during the ecosystem working group call. Their initiative revolves around creating a social network centered around ENS domains, aiming to assign a “Social Score” based on the number of ENS records associated with users. In the future, they plan to expand this score to encompass other protocols as well. With approximately 70,000 unique names complete with avatars, they intend to display the top 100 names on the platform’s homepage. Additionally, they are actively working on establishing standards for ENS records, such as integrating Instagram links. Hidayath.eth’s vision extends to integrating various social and social graph tools into their protocol, including the Ethereum Follow Protocol. — 11.09.23 

—

The DAO has made a noteworthy decision by allocating a substantial $3.6 million USDC funding pool for service providers dedicated to advancing the ENS ecosystem. This move follows a successful vote within the ENS DAO, reflecting the community’s strong commitment to fostering ENS’s growth. Nominations for service providers are now open, welcoming development teams engaged in ENS-related projects to participate, with up to $1 million in annual funding available for selected providers who meet the minimum 10,000 $ENS token threshold for eligibility. The nomination window is set to close on December 1st, and interested parties can submit their nominations on the forum and view official rules here.  — 11.16.23 

—

• ENS DAO Basics

• Support Docs

• Governance Docs

• ENS Agora

• Give Feedback

–

Thank you very much for reading! Goodbye. 👋🏻

—

Welcome to the ENS DAO Newsletter:

•  New editions — published bi-weekly (Tuesday)

• 📑 Previous editions are archived on the ENS DAO Governance Forum.

• 🗳 New proposals are broadcasted to Telegram.

• 💬 Submit feedback — tell us what to feature!

—

Refer to ENS DAO Calendar for ENS DAO working group calls and other events.

• Calendar: Public Access

• Calendar: Access with Gmail

—

• [EP4.9][Social] Select providers for EP4.7 streams

The DAO will be conducting Steward Elections concurrently with the Service Provider vote. We ask delegates to review proposals carefully before casting their vote. For more information on the Steward Election Process and the Service Provider vote, click either respective hyperlink.

• December 6-9: Nomination Period for Steward Elections

• December 10: Steward Elections begin at 9am UTC

• December 15: Steward Elections end at 9am UTC

• Service Provider Nomination Thread and PDF

• Meta-Governanance Nomination Thread

• Ecosystem Nomination Thread

• Public Goods Nomination Thread

—

Note: A minimum of 100k $ENS is required to submit executable proposals. Once a proposal gains momentum, the stewards will prioritize it for a vote during the designated voting window. See our Governance Docs for more information. To view the real-time distribution of voting power among delegates, visit votingpower.xyz.

—

In November 2023, ENS (Ethereum Name Service) saw substantial activity with 20.8k new .eth domain registrations, increasing the total number of names to 2.3 million. This activity generated $1.1 million in protocol revenue, which was entirely directed to the ENS DAO. The ENS ecosystem expanded with 16k new Ethereum accounts holding at least one ENS name, bringing the total to 795k accounts. The month also marked the setting of 14k primary ENS names, resulting in a total of 690k names. In addition to these milestones, the personalization of ENS profiles grew with 3.5k new avatar records set, achieving a total of 138k avatars.

—

Notice: Please be informed that the ENS Repository has been updated with new commits and actions in the past two weeks since our last newsletter. While we strive for accuracy, there may be instances of incompleteness or errors. For the most precise and up-to-date information, we recommend checking the ENS Repository directly. We appreciate your understanding and encourage your due diligence.

1. Repository: ensdomains/offchain-gateway-rs

   • Antony1060 (Merged PR): Implement encoding for multicoins

   • Antony1060 (Commit): Basic multicoin address encoding (working ETH)

   • Antony1060 (Commit): Fix comment

   • Antony1060 (Commit): Implement multicoin encoding

   • Antony1060 (Commit): Misc

   • lucemans (Merged and Deleted Branch): feat/multicoin-encoding

2. Repository: ensdomains/offchain-resolver

   • mdtanrikulu (Merged PR): retrieve signer from extradata for proxy calls

   • mdtanrikulu (Commit): retrieve signer from extradata for proxy calls

   • mdtanrikulu (Commit): update test

   • mdtanrikulu (Merged and Deleted Branch): mdt/retrieve-signer-from-extradata

3. Repository: ensdomains/governance-docs

   • ENSpunks (Update): Update README.md

—

Nick.eth recently spoke to CoinDesk regarding a patent issue, claiming that Unstoppable Domains patented technology based on innovations developed by ENS. He is now considering challenging the patent, asserting the importance of open-source standards over patented technology. Unstoppable Domains, however, denies the validity of this claim, stating that their patent is for technology they independently developed and used, including unique features like gasless transactions. — — 11.21.23 

—

In a recent thread, Sadaf.eth, Director of Marketing for ENS Labs, posited that ENS represents a fundamental paradigm shift in digital identity management. The discourse emphasizes ENS’s key principles of decentralization, trustlessness, permissionlessness, and interoperability, lauding the framework’s innovative approach to blockchain technology. Sadaf.eth asserts that ENS extends beyond mere technical features; it is a commitment to democratizing the internet and promoting digital autonomy. The trustless and permissionless nature of ENS is portrayed as a stride towards inclusivity and a new standard in establishing digital trust, while its interoperability signifies a transformative step in facilitating seamless interactions across various blockchain platforms.

—

• ENS Radio: Airstack — 11.28.23 

• Community Space: Ethereum Follow Protocol — 11.30.23 

—

In response to the ongoing public discussion about disputed patents, @slobo.eth has launched a site where the community can mint a complimentary teamnick.eth subname to signal their support for open-source and open standards in decentralized innovation. The site was built using technology such as CCIP-read, ENSIP-10: Wildcard Resolution and more. This effort demonstrates a commitment to open innovation on the decentralized net. We encourage the community to mint their subname at teamnick.xyz — 11.27.23 
—

OnThis.xyz aims to improve the user experience by simplifying complex DeFi interactions. Instead of multiple steps to transact, ENS Shortcuts allow users to execute actions such as swaps, staking, or bridging with just a single domain reference, like sending ETH to specific ENS names like portal.base.eth. They are introducing an incentive layer for Shortcut creators and users where they can be rewarded for everyday transactions. To participate, users are instructed to create a post on the Onthis Forum that describes their Shortcut and share it to boost activity and awareness. The Onthis team will select the Shortcut that receives the most support on the forum, then build and deploy it, including the creator’s wallet address upon deployment. Users can then use a Shortcut to earn points. For more information, review their thread on X — 11.21.23 

—

Coinbase Wallet has achieved a significant milestone by issuing over 4 million ENS subnames to date via their cb.id domain. This achievement underscores the growing adoption of the Web3 ecosystem, with leaders like Sadaf.eth prompting users to secure their own ENS names if they haven’t already. — 11.29.23 

—

ENS Ecosystem project 1W3, a no-code web3 site builder, launched a browser extension which allows for ENS Website Resolver accessible on Chrome and Edge via extension. Check out their video tutorial and download the extension here to get started. — 11.28.23 

—

Forge is an initiative by ENS.Vision at the forefront of developing open-source software dedicated to enhancing and innovating within the ENS Ecosystem. Their key offerings include:

• Forge.Node: This component efficiently consolidates ENS data from on-chain, off-chain, and secondary markets into one accessible location.

• Forge.Substore: A smart contract that enables users to create their own subdomain stores, facilitating the easy minting of subdomains from a parent domain. This is particularly useful for launching Initial Subdomain Offerings (ISOs).

• Forge.Registrar: This smart contract within Forge aids in domain registration by allowing the minting of multiple domains in a single transaction. Its design is gas-efficient and includes a built-in revenue-sharing program, making it an ideal choice for platforms that aim for streamlined domain acquisition and distribution.

Their team is committed to ongoing innovation and expansion, continuously evolving alongside the ENS ecosystem. — 11.29.23 

—

Receipts.xyz is a platform that integrates fitness achievements from Starva with blockchain technology. Users can connect their wallets, authenticate their fitness account achievements, and compete to be the top runner on their ENS-supported leaderboard. The platform then allows users to attest these accomplishments to their wallets using the Ethereum Attestation Service. This attestation process involves creating a metadata record of the achievement, which is then published to IPFS and can be queried by anyone. Additionally, users have the option to mint these attestations as NFTs, making them shareable and viewable across various applications and platforms. Essentially, Receipts.xyz provides a way to record and showcase fitness accomplishments using blockchain technology. — 12.1.23 

—

ZKP2P is creating a trustless P2P fiat-to-crypto onramp using zero-knowledge proofs (zk proofs) to ensure secure and private transactions. Its latest feature enables users to conduct transactions with selected counterparties, including those with ENS profiles. This capability not only enhances trust by allowing transactions with known entities but also leverages ENS for greater transparency in the P2P crypto space. — 12.1.23 

—

The Token Name Service (TNS), which is built on ENS Protocol, has recently marked a significant milestone by integrating with Blockscout, a blockchain explorer. TNS is a decentralized registry that assigns symbols to tokens and maintains a shared dataset of token metadata on the Ethereum Mainnet. With this integration, Blockscout can source accurate and decentralized token information directly from TNS, enhancing the information’s reliability. This facilitates the provision of a decentralized source of truth for token metadata, such as names, logos, and project URLs, which is particularly valuable for tokens not listed on centralized platforms like Coingecko or CoinMarketCap. — 12.1.23 

—

Interface, a social platform for the Ethereum community, has introduced a “suggested user list” feature that promotes ENS names as the primary identifiers for its users. This innovative integration underscores the platform’s commitment to leveraging Ethereum’s unique capabilities to enhance the social connectivity within the blockchain space. By using ENS names, Interface not only simplifies user interactions but also fosters a sense of community and identity tied to the Ethereum ecosystem. This move aligns with the growing trend of integrating blockchain technology into social platforms to ensure user-centric, secure, and decentralized digital identities. — 12.1.23 

—

The Ethereum Follow Protocol (EFP) is poised to enhance ENS by adding a social graph component, with a planned rollout in the first half of Q1 2024. EFP aims to give ENS a competitive edge against rival social graph projects that offer their own naming and profiling systems. Key team members include brantly.eth, cory.eth, an innovator in the ENS ecosystem, and esm.eth, a developer known for his decentralized social media platform built on ENS and recognition in the Web3 space. These individuals bring a wealth of experience and deep connections within the ENS community, indicating a promising start for EFP. Launch partners include Skiff, Nifty Island, ENS Vision, Llamafolio, Interface, and more. — 12.1.23 

—

• Meta-Governance @ 3PM UTC Tuesday — Google Meet

• Public Goods @ 4pm UTC Tuesday — Google Meet

• 🌱 ENS Ecosystem @ 4pm UTC Thursday — Google Meet

—

Note: The DAO will observe a moratorium in advance of the holiday season. This year’s final Working Group meeting will take place on the 15th. The DAO will resume business as usual on the first fiscal business day of the new year (2024).

—

• Minutes for Weekly Meta-Gov Meeting — November 21st

• Minutes for Weekly Meta-Gov Meeting — November 28th

—

The November 2023 financial report for ENS presents a positive financial outlook. Key highlights include:

1. Sustainability: The organization’s revenues exceed its cash burn, with a cash inflow greater than the cash burn, ensuring a substantial runway of 134 months.

2. Endowment: The second tranche of the endowment has been funded, and there’s ongoing diversification of ETH holdings. The endowment’s recurring revenues now cover 23% of the cash burn.

3. Revenues and Cash Inflow: The report shows revenues of $2.0 million, an increase from $1.8 million in the previous month and $2.3 million from the previous year. The cash inflow is recorded at $1.2 million, consistent with the previous month but lower than the $1.7 million from the previous year. The cash inflow is 1.67 times the cash burn.

4. Cash Burn and Reserves: The normalized cash burn is $0.7 million, slightly higher than the previous month’s $0.6 million but lower than the $0.9 million from last year. The reserves stand at $92 million, up from $85 million in the previous month and significantly higher than the $53 million from the previous year. These reserves include $67 million in ETH and $25 million in USDC.

5. Endowment Assets and P&L: The endowment assets total $64.9 million, with $13.0 million in stablecoins and $51.8 million in ETH. The profit and loss (P&L) for the period is $5.9 million, primarily from ETH mark-to-market (M2M) gains.

This summary indicates a strong financial position for ENS, with significant reserves, a healthy cash inflow, and a robust endowment, underscoring its sustainability and growth potential. Review the full report prepared by @Steakhouse here. — 12.5.23 

—

In a recent Q&A session with @AvsA about standards and metrics for the Stream for Providers initiative, it was recommended that Meta-Governance oversee the overall process, with individual streams being managed by the Ecosystem Working Group. The formation of a new working group to handle the Streams Initiative was proposed for next year, but is still up to debate. Service providers are expected to give regular updates; however, if these updates cease, Stewards should step in and halt stream payments. The identity of next year’s Stewards is still undetermined, but they will be encouraged to develop their own processes. A minimum one-month interval for updates is suggested to confirm ongoing activity, but Stewards may require more frequent updates as needed. The overarching goal is to enhance the stability and growth of ENS, maintaining leniency to allow all projects to be eligible for the ballot. — 11.28.23 

—

In a recent discussion regarding the update and new ETA for Name Normalization, it was revealed that the algorithm for refunding .eth names affected by normalization updates had a minor flaw, which was fortunately identified just before its distribution. To ensure thoroughness, a few more weeks have been allocated, allowing for the detection of any additional issues. The objective remains to complete the distribution before the year’s end, though it could potentially be expedited if necessary. — 11.28.23 

—

The Meta-Governance working group is seeking proposals from qualified individuals or firms to create comprehensive DAO bylaws for the ENS DAO. These bylaws should be clear, adaptable, and follow best practices, including existing DAO documentation. They will cover aspects like working group operations, voting processes, bylaws amendments, and the DAO’s responsibilities. The RFP is open until January 8th, with submissions accepted via DM to @Meta-Gov_Stewards. After review, the selected party will work with the Meta-Governance Working Group to draft the bylaws for DAO review and adoption through a social vote. — 11.20.23 

—

• Minutes for Weekly Public Goods Meeting — November 21st

• Minutes for Weekly Public Gooods Meeting — November 28th

—

Public Goods Steward @vegayp.eth recently hosted a space on X to discuss and inform the community about the ENS Small Grants initiatives which encourages Web3 developers to build open-source projects on ENS. You may review the talk here. — 11.27.23 

—

The ENS DAO Public Goods Stewards hosted a panel at NotDEVCON where they discussed the Public Goods grants initiatives, the mission and purpose, the voting process and more. The panel featured past grantees including RevokeCash, Token Engineering Academy, and Clave. Watch highlights from the talk here. — 11.27.23 

—

A 501(c) non-profit in the US, discussed their work on building infrastructure for digital self-governance and the State of Web3 Grants report, alongside their active contributions to the Web3 space through DAOstars, a subsidiary focusing on Web3 standards. They plan to hold a “Web3 Grants Summit” at EthDenver and are engaged in research and technical standards. — 11.30.23 

Giveth is conducting ENS-sponsored quadratic funding rounds to support public good projects, with plans to run multiple rounds simultaneously, similar to Gitcoin’s model. They have completed a successful first round and are seeking feedback for future rounds. — 11.30.23 

Bankless Academy is an interactive Web3 education platform. Independent from BanklessDAO and BanklessHQ, it aids users in building their digital presence and sovereignty, offering lessons on creating Web3 wallets and onboarding to the Optimism network, and aims to extend its outreach within the ENS ecosystem. Each project embodies a facet of the broader goal to support and develop the Web3 ecosystem through education, infrastructure, and community engagement. — 11.30.23 

—

• Minutes for Weekly Ecosystem Meeting — November 23rd

• Minutes for Weekly Ecosystem Meeting — November 30th

Note: The ENS Ecosystem Working Group offers rolling grants, and applicants can apply anytime. The evaluation process takes around four weeks, and unsuccessful applicants are welcome to reapply in the future.

—

ENS Labs has signaled the imminent launch of ENS.js version 3, boasting enhancements in efficiency, bug fixes, and smoother operation across the Ethereum Name Service (ENS). This update promises to streamline user experiences and provide more robust service capabilities. — 11.28.23 

—

In a notable collaboration, luxury brand Louis Vuitton has released an NFT collection that utilizes an ENS name, with ENS Labs playing a pivotal role in securing the primary ENS name for this initiative. — 11.28.23 

—

Alex Plutta has introduced an ENS Gateway and Verifier on Arbitrum at the ETHGlobal Istanbul Hackathon. This project facilitates the verification of state proofs from contracts on Layer 2 within a Layer 1 context, enhancing cross-chain interactions. — 11.28.23 

—

Sem Bee’s ENS Wayback Machine is a new tool allowing users to travel back in time to explore the history of ENS-linked decentralized applications (dApps), adding a historical dimension to the ENS experience. — 11.28.23 

—

NameHashLabs.org has launched NameKit, a tool designed to improve the economics of integrating ENS into applications. This aligns with the goal of making ENS more accessible and ensuring compatibility with other community builders. — 11.28.23 
—

The Handle.eth project aims to create the largest subdomain network within the ENS ecosystem, envisioning it as a marketing powerhouse for ENS and offering free subdomain registrations. — 11.28.23 

—

• ENS DAO Basics

• Support Docs

• Governance Docs

• ENS Agora

• Give Feedback

–

Thank you very much for reading! Goodbye. 👋🏻

_

Welcome to the ENS DAO Newsletter:

•  New editions — published bi-weekly (Tuesday)

• 📑 Previous editions are archived on the ENS DAO Governance Forum.

• 🗳 New proposals are broadcasted to Telegram.

• 💬 Submit feedback — tell us what to feature!

—

Refer to ENS DAO Calendar for ENS DAO working group calls and other events.

• Calendar: Public Access

• Calendar: Access with Gmail

—

Ratification Update for DAO Delegates: The DAO has voted FOR the belowmentioned proposals and will be implemented on or after November 10th. For a detailed review of the discussions and to track the implementation, delegates can refer to the respective proposal links. Thank you for your continued participation in ENS DAO Governance.

• [EP 4.5] [Executable] Endowment permissions to karpatkey

• [EP 4.6] [Executable] October 2023 Working Group Funding

• [Social] Create Streams for new service providers

• [Social] Amend working groups rules to extend to a full year

—

Note: A minimum of 100k $ENS is required to submit executable proposals. Once a proposal gains momentum, the stewards will prioritize it for a vote during the designated voting window. See our Governance Docs for more information. To view the real-time distribution of voting power among delegates, visit votingpower.xyz.

—

In October 2023, ENS experienced significant growth; the service witnessed 56,000 new .eth domain registrations, bringing the total number of names to 2.4 million. This generated $1.2 million in protocol revenue, which was fully allocated to the ENS DAO. Additionally, the ENS ecosystem grew with 49,000 new Ethereum accounts that hold at least one ENS name, culminating in a total of 790,000 such accounts. The month also saw 47,000 primary ENS names being set, amounting to a cumulative total of 677,000. Furthermore, there was an increase in the personalization of ENS profiles with 11,600 new avatar records set, reaching a new high of 135,000 in total. — 11.02.23 

—

Notice: Please be informed that the ENS Repository has been updated with new commits and actions in the past two weeks since our last newsletter. While we strive for accuracy, there may be instances of incompleteness or errors. For the most precise and up-to-date information, we recommend checking the ENS Repository directly. We appreciate your understanding and encourage your due diligence.

1. Repository: ensdomains/ens-app-v3

   • storywithoutend pushed: Merge pull request #599 from ensdomains/fix/non-ev-delete-advanced-ed Test #2336 & Cloudflare Pages #2552, Commit fb93a2f

   • storywithoutend pushed: Merge pull request #600 from ensdomains/FET1316-tests Test #2335 & Cloudflare Pages #2551, Commit df1be51

   • storywithoutend pushed: fix bug in useExpandableRecordsGroup Test #2334 & Cloudflare Pages #2550, Commit c336a75

   • sugh01 pushed: (test) Add few more records to test Test #2333 & Cloudflare Pages #2549, Commit 9d17fd0

   • storywithoutend pushed: update profile editor spec for abi record item Test #2332 & Cloudflare Pages #2548, Commit 3d64f1a

   • storywithoutend pushed: update unit test Test #2331 & Cloudflare Pages #2547, Commit be7d797

   • storywithoutend pushed: advanced editor fix: abi, rebuilding state, delete addresses Test #2330, Commit 4fe785f

   • gskril merged: 

—

In a nuanced situation, Unstoppable Domains (UD) has made strategic moves that have stirred the waters with ENS Labs. UD, having secured a patent and actively pursuing others, positions itself protectively within the Web3 domain. They have extended an invitation to ENS Labs to join the Web3 Domain Alliance, an initiative led by UD, which ostensibly champions open innovation.

Nick Johnson of ENS Labs has publicly expressed concern about this direction. ENS, a proponent of open-source and open standards, seems to feel that UD’s actions could potentially stifle innovation in the Web3 naming space. There is an implication that ENS Labs sees the requirement to join the Web3 Domain Alliance as a form of strong-arming, given UD’s patent activities.

ENS has suggested an alternative: a legally enforceable patent pledge from UD to the entire Web3 community, ensuring open-source access and preventing potential litigation against innovators in the space. However, UD’s response indicates a belief in the protective power of patents and a preference for managing these issues within the alliance framework they lead.

The discourse suggests a tension between two philosophies: one that believes in an unencumbered commons for innovation and another that sees strategic patenting and alliances as necessary for defending against threats, particularly from Web2 incumbents. ENS Labs stands firm in its position, willing to challenge the patent if they believe it encroaches upon their innovations. Meanwhile, UD holds that their approach with the alliance and patenting is in the best interest of Web3’s future, implying that their methods provide a safeguard for the community.

Both parties appear to remain open to dialogue, although their stances on how best to foster innovation within Web3 are at odds. The resolution of this conflict could set a precedent for how intellectual property is handled in the emergent and rapidly evolving Web3 space. — 11.16.23 

—

ENS Labs has unveiled the EVM Gateway; it is designed to enhance interoperability across Ethereum Layer 1 and Layer 2 networks, paving the way for a new era of seamless blockchain integration. By facilitating secure and efficient cross-chain interactions, the EVM Gateway serves as a cornerstone for the next generation of Layer 2 resolvers. Its modular architecture empowers developers to either set up their own gateways or leverage existing ones, ensuring a versatile and user-friendly experience. Already making waves, the EVM Gateway has been adopted for early use on the Optimism Goerli Testnet, marking a significant milestone in ENS Labs’ Layer 2 roadmap. With the potential to revolutionize communication between smart contracts and decentralized applications, the EVM Gateway is poised to foster a more connected and efficient ecosystem. — 11.15.23 

—

At Chainlink’s Constellation Connect in London, Matoken.eth delivered a presentation on the EVM CCIP-Read Gateway. This event marked the first public unveiling of this scaling technology developed by ENS Labs. The presentation covered various aspects, including ENS’s offchain strategy, the intricacies of the EVM L2 Gateway, and its applications beyond ENS. Matoken.eth also introduced practical components like the Offchain Resolver Starter Kit and the EVM Gateway Starter Kit. Review the presentation and visit the repository. — 11.08.23 

—

At Devconnect, @matoken.eth and tanrikulu.eth (@mdt) presented a comprehensive overview of “The ENS Canon.” This presentation explored the intricacies of ENS and its multifaceted utilities in Web3. Key highlights of the presentation included an in-depth explanation of what ENS is, its integration examples, and its role as a Web3 username. The speakers delved into three levels of building on ENS: reading ENS data, writing ENS data, and utilizing the EVM Gateway. They demonstrated the practical use of ENS in various scenarios, such as reverse lookups and avatar text record examples. The discussion also touched upon advanced concepts like the EVM Gateway’s role in verifying Layer 2 data on Layer 1, emphasizing its importance in a trust-minimized gateway. This presentation not only informed the audience about the technical aspects of ENS but also highlighted its significance in improving user experience in the Web3 ecosystem. — 11.17.23 

—

ENS Labs has announced a significant new hire for their team, bringing on board Alex Urbelis from Crowell. Alex will serve as the General Counsel and Chief Information Security Officer (CISO) for the organization. With a track record of international recognition as a technology attorney and cybersecurity expert, Alex’s previous roles include serving as CISO at the NFL and substantial work with ICANN and DNS. His expertise encompasses threat intelligence, digital asset protection, and cybersecurity practices, and he is noted for his unique multidisciplinary approach to legal issues. ENS Labs has expressed their enthusiasm for Alex joining their team, underscoring the valuable addition he will make with his breadth of experience and depth of knowledge in the field. Welcome, Alex! — 11.09.23 

—

• ENS Spotilight: Nick.eth discusses scaling ENS via CCIP Read — 11.04.23 

• ENS Spotlight: Sadaf.eth explosres SocialFi via ENS — 11.17.23 

• ENS Radio: Small Grants Highlights — 11.07.23 

• ENS Radio: ETH.LIMO — 11.14.23 

—

The ENS DAO is observing its biennial anniversary by reflecting on the significance of its Constitution and the core values and principles it established for decision-making. There is a call to revisit the five foundational articles that guide the governance of ENS. The Constitution serves as a bedrock for the community, guiding aspects beyond the scope of DAO smart contracts to ensure legitimacy and alignment with the community in discretionary decisions. This anniversary marks a milestone of over 84,000 voters who ratified the Constitution two years ago, underscoring the active participation and engagement of the ENS community in the governance process. — 11.16.23 

—

Coinbase has integrated Ethereum Attestation Service (EAS) to enable users to verify their account and country credentials directly on the Ethereum blockchain, a process fully authenticated by Coinbase. This feature allows users to confirm the legitimacy of their trading accounts and, if desired, their country of residence, linking these verifications to their self-custodial Ethereum wallet addresses, which are not transferable. Additionally, Coinbase leverages ENS subnames, particularly through verifications.coinbase.eth, to further underscore its commitment to trust and reliability, demonstrating the effective application of ENS subnames in enhancing user security. — 11.09.23 

—

6229.eth recently secured “The Goose” artwork, at thegoose.6529.eth. This move not only showcases the artwork’s unique identity but also underscores the growing trend of utilizing ENS subnames for digital asset management. ENS subnames serve as a simplifying layer, offering memorable and personalized addresses for complex blockchain identifiers. — 11.10.23 

—

The Public Goods Working Group hosted a panel during ITU Blockchain’s event “notDEVCON”; the talk featured a retrospective on ENS DAO’s Public Goods funding model where they presented several initiatives including ENS Grants, Small Grants and Large. — 11.17.23 

—

Status.app is an open-source, decentralized crypto communication super app that offers various features designed for web3. It’s integrated ENS, which allows users to utilize their ENS names for simplified sign-ups to its beta. Status.app offers a diverse set of web3 features, including decentralized community engagement, private messaging with encryption, multi-chain cryptocurrency management, and a dApp browser for web3 applications. — 11.18.23 

_

1W3’s inaugural buildathon has closed and the organizers are pleased to reveal the outstanding winners. A total of $1150 in prizes was distributed among six exceptional participants:

• artiefishal.eth

• aft3rparty.eth

• tradfi.web3kz.eth

• joyful.eth

• chapy.eth

• frogfrens.eth

These winners distinguished themselves with their inventive and forward-thinking solutions, highlighting the remarkable talent and collaborative spirit within the tech community. Their achievements emphasize the crucial role of such events in fostering innovation.

1W3 expressed their gratitude to ENS DAO and Labs for their invaluable support and collaboration in bringing the 1W3-sponsored Buildathon to fruition. — 11.18.23 

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@Raffy.eth has developed a convenient tool to streamline the process of ENS domain name expirations. This innovative solution, available at raffy.antistupid.com/eth/ens-exp.html, provides users with a hassle-free way to verify the expiration status of multiple ENS domains in one go. By using this tool, users can efficiently manage their ENS portfolio, ensuring they never miss an important renewal date. — 11.18.23 

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Blockful.io hosted an impromptu “frENS hour” event at Devconnect Istanbul, proudly organized and supported by Blockful, FireEyesDAO, and POAP. This event brought together blockchain enthusiasts, developers, and members of the community for an engaging and informative gathering. Participants had the opportunity to network, share insights, and learn from experts in the field. It was a dynamic occasion that showcased the collaborative spirit of the blockchain ecosystem. — 11.14.23 

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• Meta-Governance @ 3PM UTC Tuesday — Google Meet

• Public Goods @ 4pm UTC Tuesday — Google Meet

• 🌱 ENS Ecosystem @ 4pm UTC Thursday — Google Meet

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• Minutes for Weekly Meta-Gov Meeting — November 7th

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The ENS DAO October Financials reveal a strong position in terms of sustainability and endowment. Revenues are higher than cash burn, with a cash inflow of $1.2 million, which is 2.17 times the cash burn rate, and an operating runway of 151 months. This indicates a healthy financial status, with the current revenues at $1.8 million compared to $1.9 million in the previous month and $2.8 million in the previous year. The normalized cash burn stands at $0.6 million, consistent with the previous month and down from $0.8 million the previous year. Reserves have increased to $85 million, up from $80 million last month and $62 million last year, consisting of $59 million in ETH and $26 million in USDC​​.

The endowment is also well-funded, with the second tranche completed and a social consensus reached to reduce stETH exposure to 20%. The endowment’s assets amount to $58.8 million, with $13.0 million in stablecoins and $45.8 million in ETH invested. The Profit and Loss (P&L) for the period stands at $4.3 million, which includes $4.2 million from ETH mark-to-market and $117k from returns. These returns count token yield farming rewards when they are claimed and converted to the base currency. The financial reporting indicates that the endowment’s recurring revenues cover 21% of the cash burn, which is a positive sign of financial health and forward planning.​ — 11.09.23 

Read the full reports here:

• Karpatkey October Treasury Report

• Steakhouse October Financial Report

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The Meta-Governance working group is seeking proposals from qualified individuals or firms to create comprehensive DAO bylaws for the ENS DAO. These bylaws should be clear, adaptable, and follow best practices, including existing DAO documentation. They will cover aspects like working group operations, voting processes, bylaws amendments, and the DAO’s responsibilities. The RFP is open until November 21st, with submissions accepted via DM to @Meta-Gov_Stewards. After review, the selected party will work with the Meta-Governance Working Group to draft the bylaws for DAO review and adoption through a social vote. — 11.20.23 

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• Minutes for Weekly Public Goods Meeting — November 7th

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The discussion consisted of increasing accessibility of engaging in DAO proposals. Coltron.eth expressed a keen interest in fostering discussions on this matter. The conversation revolved around strategies to acquire voting power, including delegate races and potential collaborations with entities such as Coinbase, which holds a significant number of delegations. Coltron recommended setting aside this topic for a future meta-governance discussion. Additionally, it was announced that a DAO Town Hall is scheduled for December, with the exact date yet to be confirmed. — 11.07.23 

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• Minutes for Weekly Ecosystem Meeting — November 9th

• Minutes for Weekly Ecosystem Meeting — November 16th

Note: The ENS Ecosystem Working Group offers rolling grants, and applicants can apply anytime. The evaluation process takes around four weeks, and unsuccessful applicants are welcome to reapply in the future.

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Hidayath.eth recently presented their project, eth.cd, during the ecosystem working group call. Their initiative revolves around creating a social network centered around ENS domains, aiming to assign a “Social Score” based on the number of ENS records associated with users. In the future, they plan to expand this score to encompass other protocols as well. With approximately 70,000 unique names complete with avatars, they intend to display the top 100 names on the platform’s homepage. Additionally, they are actively working on establishing standards for ENS records, such as integrating Instagram links. Hidayath.eth’s vision extends to integrating various social and social graph tools into their protocol, including the Ethereum Follow Protocol. — 11.09.23 

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The DAO has made a noteworthy decision by allocating a substantial $3.6 million USDC funding pool for service providers dedicated to advancing the ENS ecosystem. This move follows a successful vote within the ENS DAO, reflecting the community’s strong commitment to fostering ENS’s growth. Nominations for service providers are now open, welcoming development teams engaged in ENS-related projects to participate, with up to $1 million in annual funding available for selected providers who meet the minimum 10,000 $ENS token threshold for eligibility. The nomination window is set to close on December 1st, and interested parties can submit their nominations on the forum and view official rules here.  — 11.16.23 

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• ENS DAO Basics

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• ENS Agora

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Thank you very much for reading! Goodbye. 👋🏻