ENS DAO Newsletter #73
11/5/24
New editions — Bi-weekly on Tuesdays
Previous editions — Archived on the ENS DAO Archive
New editions — Bi-weekly on Tuesdays
Previous editions — Archived on the ENS DAO Archive
ENS DAO Dashboard — Available for public review
Submit feedback — Share what you’d like to see
ENS Labs: frENSday Speakers, ENSv2 Funding Proposal
Community: Curated Tools, gon.id, Uniswap hits 1m
Meta-Gov: Special Election, Voting Period
Ecosystem: Gitcoin Round, Service Provider Updates
Public Goods: Grantee Updates
Refer to the ENS DAO Calendar for working group calls and events.
Calendar: Public Access / Access with Gmail
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[5.22] ENSv2 Development Funding Request
This proposal seeks to secure increased funding for ENS Labs to develop, maintain, and audit ENSv2, a major upgrade designed to enhance decentralization, scalability, and flexibility by integrating Layer 2 solutions and a redesigned protocol, enabling ENS to better support Ethereum’s evolving rollup-centric infrastructure.
[5.23] Governance Security Bounty
This proposal requests compensation for the blockful team for their critical role in identifying and mitigating a $150M vulnerability in ENS DAO’s governance, leading to the establishment of a Security Council that strengthens ENS DAO’s resilience, with payment structured as $100k USDC and 15k vested ENS tokens over two years to ensure sustained commitment to ENS security.
[5.24] Term 5 Q4, Collective Working Group Funding Proposal
This proposal approves and executes the funding requests for the October 2024 funding window, allocating USDC funds to the Meta-governance, Ecosystem, and Public Goods Working Groups to ensure continuity of operations and maintain prudent reserves until the next funding window in April 2025.
Voting is now open to fill a Meta-Governance steward vacancy following Alex Van de Sande’s resignation. The candidates are:
Nick.eth
SpikeWatanabe.eth
Full nomination details are available on the forum. Please review each nomination statement before casting your vote.
Proposals are the means by which changes are made to the status quo. There are two types of proposals:
Social Proposals: Offchain proposals seeking the DAO’s agreement on social considerations that cannot be enforced onchain.
Executable Proposals: Onchain proposals that execute code related to the ENS Protocol and ENS DAO smart contracts, as voted on by the DAO.
Proposal Threshold: A minimum of 10k $ENS is required to submit social proposals, while 100k $ENS is needed for executable proposals.
Stay updated on DAO governance and proposals by regularly checking the Term 5 Dashboard and the Voting Period Bulletin. For detailed governance information, refer to our Governance Docs. To see real-time voting power distribution, visit votingpower.xyz.
The much-anticipated frENSday at Devcon is almost here—attendees can look forward to insights from top Web3 figures, including representatives from the Ethereum Foundation, Google, Venmo/PayPal, Base, and more (full line up available here).
Tickets with unique QR codes are essential for check-in; retrieve or release yours if needed. Virtual attendance is also available. See you soon in Bangkok!
ENS announced an official partnership with POAP for #frENSDay at Devcon in Bangkok, Thailand. This collaboration aligns with frENSDay’s mission to celebrate innovation and unity among frENS in the Web3 space. Attendees are encouraged to join in and collect a unique piece of Web3 history.
ENS is excited to announce Jesse Pollak, creator of Base, as a speaker at frENSDay on November 11, 2024, in Bangkok, Thailand. With a wealth of insights and a commitment to supporting the builder community, Jesse embodies the spirit of innovation in the Ethereum ecosystem.
ENS announced a collaboration with XMTP and Converse, an Ethereum-based messaging app, for frENSDay at Devcon. Attendees can look forward to secure, seamless communication within the app, including group chats, DMs, and exclusive event insights. This integration aims to foster real-time connections among participants, enhancing the Devcon experience.
ENS invites builders to participate in frENsday 2024, hosting lightning talks in Bangkok. Applicants have an opportunity to present their latest ENS-related projects in a 10-minute slot (3-5 minutes for the talk, followed by Q&A). These talks will be recorded and potentially shared on ENS’s social platforms. Apply Here.
Help improve the ENS ecosystem by providing feedback on Canny, where ENS Labs members and Working Group stewards will address your submissions. You can submit Feature Requests, Integrations, Bug Reports, or upvote and comment on existing posts. Share your feedback on Canny here.
Submissions for the ENS newsletter are open! Share updates on projects, events, achievements, or community changes for inclusion. Submit your segment by visiting the Newsletter ddocs site here and leaving a comment.
mely.eth has curated a collection of useful ENS tools designed to support the ENS community. These tools span a variety of functionalities, from managing ENS names to creating decentralized websites and social connections, helping users enhance their experience in the Ethereum ecosystem.
ETH Tools: Offers ENS & Ethereum utilities, including hash generators and bulk tools.
Vision: Marketplace for ENS with profile management and subname launch pad.
EFP (Ethereum Follow Protocol): Onchain social graph using ENS profiles for decentralized connections.
Webhash: Decentralized, no-code website builder linked to ENS domains.
NameStone: Gasless ENS subname provider with API integration and admin tools.
ETH Limo: Enables decentralized website hosting on ENS by adding .link or .limo.
Converse: Decentralized messaging app using ENS, works across web3 platforms.
3DNS: Tokenize web2 domains to work as ENS & DNS onchain.
Wannabet: Platform for creating onchain bets with ENS users.
Namespace: User-friendly ENS subname management for individuals and communities.
ETH CD: Social network for ENS names, showcasing onchain information about profiles.
Namefi: Tokenize DNS names for crypto payments and ENS compatibility.
Dentity: Verification service adding proof of personhood to ENS profiles.
ENS Book: Tool for managing and tracking ENS names, with status and link info.
Unicorn.eth, a leading Web3 membership platform, announced its partnership with ETHDenver as the event’s official infrastructure provider. Offering secure, user-friendly tools like single-sign-on smart wallets and branded subdomains, unicorn.eth will empower Every ETHDenver attendee with a safe wallet powered by ENS and Namespace.
Safe has launched a multichain feature, allowing users to deploy the same wallet address across 15+ networks with no gas fees on major Layer 2s. This simplifies multichain management with one-click deployments, unified tracking, and seamless network switching. Eric Kuhn highlighted that ENS names are now compatible, enabling users to maintain a consistent identity across chains.
Dynamic.xyz introduces Global Identities, a feature that provides users with a consistent identity across multiple platforms and dApps. This innovation allows users to establish a singular profile and reputation that travels seamlessly with them in the Web3 ecosystem, reducing friction and enhancing user experience in decentralized spaces. With this release, Dynamic.xyz aims to empower users to manage their digital presence across chains and platforms more effortlessly than ever.
NameStone introduces gon.id, a platform offering limitless digital identities on Polygon. Users can start with 7 free mints for names with 5+ characters. Notably, 30% of revenue will support ENS DAO, promoting community growth. Built in collaboration with ENS Domains and Polygon, gon.id aims to provide users with versatile identity solutions in Web3.
BrianknowsAI API and app now support ENS subdomain resolution, enabling users to send and receive assets by specifying subdomains like “frank.base.eth” directly in prompts. This update simplifies onchain transactions and enhances user experience by making digital identities more accessible. Future updates will enable write operations, such as registration and renewal, supporting even more robust identity management in the Web3 space.
Power Agents, developed at ETHGlobal SF, allows users to create and manage AI agents with unique ENS subdomains (e.g., agentname.poweragents.eth) via XMTP messaging. Each agent has its own wallet and uses the Coinbase SDK and BrianknowsAI API to execute blockchain transactions on command. Users interact in natural language, instructing agents to handle tasks like bridging, transfers, and recurring payments, with updates provided in real-time. This innovation simplifies the crypto experience by making complex transactions accessible through familiar messaging interfaces.
Uniswap Labs celebrates surpassing 1 million uni.eth usernames. Users can now claim their personalized uni.eth address via the Uniswap Extension, simplifying crypto transactions with a unique identifier. The username “unicornintern.uni.eth” is already taken, showcasing the growing popularity of Uniswap’s identity layer.
EFrogs NFT community members can now use their efrogs.eth ENS subdomain to send and receive crypto and NFTs via MetaMask, offering a simpler alternative to traditional wallet addresses. This integration, supported by LineaBuild and MetaMask, positions EFrogs as an innovative NFT community across Ethereum and Layer 2s.
adraffy.eth introduces a proof-of-concept for a trustless crosschain ENS solution, showcased in the ENS-Link GitHub repository. Powered by unruggable.eth, this approach enables logic to be lifted from Layer 2 to Layer 1 and executed within a provable VM. The demo implements a rented NFT that becomes inaccessible post-expiration, leveraging a crosschain rental bytecode for time-based NFT validity. This breakthrough could pave the way for secure, decentralized ENS rentals across multiple chains.
3NUMLabs now offers a namespace for users, powered by ENS, through their Speak3Z client. Speak3z.ID usernames are available to all Speak3Z users, providing a standardized, ENS-backed identity solution for streamlined communication. This integration reinforces ENS as the standard for decentralized usernames, enabling a consistent digital identity across platforms.
Meta-Governance – @5pence.eth
ENS Ecosystem – @slobo.eth
Public Goods – @simona_pop
DAO Secretary - @limes
The responsibilities of the Lead Stewards & Secretary are set out in Rule 9.8 and Rule 9.9 of the Working Group Rules.
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Working Group | Time | Schedule | Location |
|---|---|---|---|
 Meta-Governance | 2pm UTC | Tuesday | |
 Ecosystem | 5pm UTC | Thursday | |
 Public Goods | 6pm UTC | Thursday |
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In Q3 2024, ENS generated $6.3M in total revenue:
$4.72M from registration fees,
$838k from temporary premium fees,
$738k from DeFi returns on the ENS endowment.
Year-to-date revenue stands at $22.6M, driven by registration, premium fees, and DeFi yields. For more details, read the full report.
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In Q3 2024, ENS Working Groups collectively spent approximately $501k.
The Ecosystem Group allocated 197,707 USDC and 6 ETH, covering initiatives like bug bounties, grants, events, and services.
Meta-Governance spent 151,300 USDC, focusing on compensation, DAO tooling, and events.
Public Goods dedicated 136,999 USDC to grants, including ETH Mexico and various projects, along with event sponsorships. Full balance details are viewable at enswallets.xyz.
For more details, read the full report.
The Meta-Governance Working Group provides governance oversight and support for working group operations through DAO tooling and governance initiatives.
Avsa.eth prepared an analysis of EP5.19. The analysis reveals insights into how ranked-choice voting affects decision-making. Despite a tight race between budget options, the Medium (60k ENS) budget emerged as the favored outcome. This evaluation demonstrates the nuances of ranked-choice methods, addressing vote-splitting and advocating for transparency. Findings emphasize Round Robin as a preferred alternative, enhancing decision alignment with community preferences and potentially improving future governance practices in ENS.
Following the resignation of Alex Van de Sande (avsa.eth) as Meta-Governance steward, ENS has launched a special election to fill the vacancy. Nominations run from Nov 2-5, with voting from Nov 5-10. The elected steward will start on Nov 11, serving until Dec 31. Candidates must gather 10,000 Snapshot votes to be eligible. Read the forum post for more information.
Revenue > Cash Burn, Runway: 157 months
Revenue: $1.6M (vs. $1.9m last month)
Cash Inflow: $.8M (vs. $1M last month)
Normalized Cash Burn: $0.7M
Reserves: $117M (ETH: 105M, USDC: 12M)
Total Endowment: $82.5M
P&L: 2.3M (ETH mark-to-market)
Review the full report prepared by @Steakhouse here.
Balance Overview:
Total funds in the endowment: $81.7m
Capital utilization: 100%
Monthly DeFi results: $216,758
Review the full report prepared by @Karpatkey here.
The Ecosystem Working Group strengthens the ENS Protocol by facilitating developer relations, identifying and funding high-potential projects that enhance ENS, and supporting ENS-aligned initiatives.
The ENS Ecosystem Working Group is participating in Gitcoin Grants Round 22 with a 70k USDC matching pool. This round supports projects building on ENS, using Gitcoin’s quadratic funding model, which rewards both the total amount raised and the number of contributors.
Donation Period: 2024/10/23 12:00 UTC - 2024/11/06 23:59 UTC
Chain: Arbitrum
Eligible Projects: Must be building on ENS
A new contract scheme will enable proxy NFTs to simulate voting, allowing split delegation within a single transaction, making governance more dynamic and accessible. Code is complete and in final testing phases. The goal is to release this feature soon to simplify participation in ENS governance.
In a recent forum post, clowes.eth sought feedback on the ENSIP supersession of resolver implementations and client integrations. They detail challenges in achieving compatibility across ENSIPs, highlighting specific inconsistencies and ambiguities in client implementation guidance. Clowes.eth suggests clearer notices on superseded standards and an ideal process for client-side discovery and precedence handling to enhance ENSIP clarity.
Unruggable Labs
Unruggable is preparing to audit its gateway by year-end, enabling trustless data resolution from L2 chains with proof verification on L1. This includes multichain middleware and primary name resolution across networks. A partnership with ENS Labs now allows setting primary names directly on any L2. Documentation is available at Unruggable Docs.
NameStone
NameStone is collaborating with Dynamic to expand ENS integration, targeting both Web3 and Web2 companies. They’re also working with Polygon to let users create ENS subnames on the Polygon POS network, allowing address resolution in MetaMask and distinguishing ETH Mainnet from Polygon. More details at NameStone Docs.
NameSpace
NameSpace provides a solution for issuing ENS subnames for diverse user groups. It supports Base subdomains, recently added Optimism, and is developing a new front-end application. Interested users can join their Telegram group to test the SDK.
Blockful
Blockful invites community feedback on its latest service provider reports, including the Q3 report, to improve service quality and alignment with community needs. Check the report for more insights and share feedback.
Webhash
Webhash has launched its premium plans, reaching a milestone with 124 paid users, showing strong user interest and potential for sustainable revenue. The team continues enhancing features to drive further user engagement.
eth.cd
Eth.cd introduced in-app messaging with XMTP, allowing seamless communication on the platform. Users can set notification preferences for specific contacts to minimize spam, improving the user experience and efficiency of communication.
web3.bio
Web3.bio is an open-source project making ENS data accessible for public use. The platform supports rich exploration of ENS-linked social activity through an intuitive search interface. The API processes ~3 million requests monthly, with plans for batch profile queries and customizable profile widgets. Web3.bio is participating in the Gitcoin Grant round and welcomes community support. Meet Web3bio at Devcon to discuss more.
filmfundeth.com
FilmFundEth is developing an IMDB-style platform for crypto-focused films, aiming to change the negative perception of crypto. Users can review and rate crypto-related movies, TV shows, and documentaries. The platform will also invite young filmmakers to submit scripts highlighting crypto’s positive impacts. They discussed implementing ENS-based logins to enhance user identity and security.
ENSIP GitHub Repository: The ENSIP proposals are hosted on GitHub, providing a centralized place for contributions and discussions. You can access it here: ENS Improvement Proposals.
ENSIP0 Focus: The team is currently focusing on ENSIP0, which aims to standardize the process for contributing to ENSIPs. This includes setting guidelines for editors and defining their responsibilities to ensure a consistent approach to proposal development. More details are available in the ENSIP0 document.
Chain Coin Type Priority List: Work is ongoing to prioritize coin types for onchain integration, ensuring that supported assets align with community needs and technical standards.
Community Involvement: The team encourages feedback and community engagement. Those interested in contributing or providing feedback are invited to reach out to Premm.eth on X.
Upcoming ENSIP Meetup: An ENSIP meetup is scheduled to take place at Devcon, where contributors and community members can discuss ongoing projects and future ENSIP developments.
The Public Goods Working Group supports the Ethereum ecosystem by identifying and funding open-source development.
Scaffold ETH
Scaffold ETH has advanced Ethereum development tooling by creating an EIP5792-compliant extension for Coinbase Smart Wallet and testing one for Foundry. A tutorial video is available here, with more updates to come during frENSDay. View their GitHub for technical details: scaffold-eth/create-eth-extensions.
ETHMexico
ETHMexico saw strong global interest, with about 85% of attendees traveling to the event. Access the full event report here and watch the Public Goods Stewards session on YouTube.
Borderless Africa Updates by Yoseph Ayele
Borderless Africa is establishing a coordination layer to foster onchain development across Africa. The Magma Residency program brought together 24 founders and builders, divided into advanced, early-stage, and research groups. A final report will follow. Most Magma community members are attending Devcon with scholarship support. GM Day, held with Pagoda, boosted regional Ethereum contributions. Looking ahead, Magma will host biannual cohorts, with the next in April 2025, along with bi-weekly feedback sessions and regular podcasts sharing personal stories and project impacts.
ENS DAO offers several resources for understanding and participating in its ecosystem:
ENS DAO Basics: Learn about the ENS DAO, including voting and governance.
Support Docs: Guidance on registration, renewals, and development aspects.
Governance Docs: Insights into governance structure.
ENS Agora: Governance hub for proposal review and voting.
Give Feedback: Share input to help improve ENS.
ENS Repository: The ENS Protocol’s main GitHub repository.
Thank you for reading! Goodbye.
📰 Newsletter Roundup:
ENS Labs: Lightning Talk Applications, Search ENS on Google, frENSday Speakers
Community: Highlights, ENS on Opensea, Auto-Renewal Module
Meta-Gov: DAO Tooling Updates, ENS Ledger, Endowment Report
Ecosystem: Gitcoin Grants Round 22, Service Provider Updates, Project Highlights
Public Goods: P256 EVM Update, Octant & Public Goods Funding
New editions — Bi-weekly on Tuesdays
📑 Previous editions — Archived on the ENS DAO Archive
🗳 New proposals — Updates via Telegram
🧭 ENS DAO Dashboard — Available for public review
💬 Submit feedback — Share what you’d like to see
Refer to the ENS DAO Calendar for working group calls and events.
Calendar: Public Access / Access with Gmail
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The first voting period has closed with near-unanimous support for all proposals:
Meta-Governance: $254k USDC allocated for governance tools and operations.
Ecosystem: $836k USDC allocated for ecosystem initiatives, grants, and hackathons.
Public Goods: $236k USDC allocated to support Web3 infrastructure.
These will be included in an upcoming Executable Proposal.
Proposals are the means by which changes are made to the status quo. There are two types of proposals:
Social Proposals: Off-chain proposals seeking the DAO’s agreement on social considerations that cannot be enforced on-chain.
Executable Proposals: On-chain proposals that execute code related to the ENS Protocol and ENS DAO smart contracts, as voted on by the DAO.
Proposal Threshold: A minimum of 10k $ENS is required to submit social proposals, while 100k $ENS is needed for executable proposals.
For a list of recent proposals, visit the Term 5 dashboard or the ENS DAO Governance documentation.
Governance Distribution Program (Pilot)
ENS distribution program for grant recipients with a 3-year vesting period to decentralize governance.
Details: ENS Forum
Make Wrapped Names Immutable
Remove ENS DAO’s ability to reclaim wrapped names, making them immutable after fuses are burned.
Details: ENS Forum
Compensating Blockful for Preventing a Potential Attack on the ENS DAO
Compensate Blockful for identifying a $150M governance vulnerability, leading to the creation of the Security Council.
Details: ENS Forum
Stay updated on DAO governance and proposals by regularly checking the Term 5 Dashboard and the Voting Period Bulletin. For detailed governance information, refer to our Governance Docs. To see real-time voting power distribution, visit votingpower.xyz.
ENS invites builders to participate in frENsday 2024, hosting lightning talks in Bangkok. Applicants have an opportunity to present their latest ENS-related projects in a 10-minute slot (3-5 minutes for the talk, followed by Q&A). These talks will be recorded and potentially shared on ENS’s social platforms. Apply Here.
ENS has welcomed six more speakers to the frENSday 2024 stage, bringing diverse expertise and perspectives. They will present on November 11, 2024, in Bangkok.
Devan Mitchem: Global Product & Partnerships, Google Web3.
Tascha P: Founder & CEO, INFINIT.
Josh Brandley (josh.box): President & Founder, Intercap / Box Domains.
Moises Jaramillo (moisesj.eth): Principal Engineer, Dentity.
Slobo.eth: Founder, Namestone & Ecosystem Working Group Lead Steward, ENS DAO.
Evin.eth: Founder, Disco.xyz.
ENS Labs announced a major milestone: Google has integrated ENS Domains into its search capabilities. Users can now search any .eth name, like “vitalik.eth,” on Google and view associated wallet balances and blockchain data directly in the search results. This integration simplifies access to Web3 and makes it easier for mainstream users to explore decentralized finance (DeFi). Google pulls balance and transaction details from Etherscan, offering seamless blockchain accessibility to the public.
A new contract scheme will enable proxy NFTs to simulate voting, allowing split delegation within a single transaction, making governance more dynamic and accessible. Code is complete and in final testing phases. The goal is to release this feature soon to simplify participation in ENS governance.
Members of ENS Labs, including the Developer Relations Team, participated in the latest ETHGlobal event and awarded a $10,000 prize pool at ETHGlobal San Francisco for projects using ENS.
$2,500 – Qiao: The Qiao Protocol offloads computation to offchain resources, enables cross-chain delegations, and offers a universal resolver for smart contracts to ensure seamless interoperability
$1,500 – DAZU: Allows invoices to be stored on the blockchain for the first time. Generating invoices on blockchain solves for a number of business to business payment needs
$1,000 – Power Agents: AI agents that spawn and chat with in an XMTP Group Chat.
2 teams winning $2,500 each:
Beertalik Brokerin: A tool for event organizers to let customers trade beer. The more users purchase beer, the higher the prices rise.
BenderBite: an AI-powered assistant designed to enhance the ETHGlobal hackathon experience by serving as a virtual employee with multiple interactive features.
Help improve the ENS ecosystem by providing feedback on Canny, where ENS Labs members and Working Group stewards will address your submissions. You can submit Feature Requests, Integrations, Bug Reports, or upvote and comment on existing posts. Share your feedback on Canny here.
Submissions for the ENS newsletter are open! Share updates on projects, events, achievements, or community changes for inclusion. Submit your segment by visiting the Newsletter ddocs site here and leaving a comment.
Mely.eth highlighted the 2024 integration of ENS with PayPal and Venmo, simplifying crypto transactions by allowing users to transfer cryptocurrency using their ENS names. This collaboration introduces millions of users to decentralized finance (DeFi) while making crypto addresses user-friendly. ENS aims to become the global naming system for financial transactions, with over 2 million names registered and 750 integrations already in place.
Devin Finzer, co-founder and CEO of OpenSea, responded to a user request by adding ENS domains to the search bar. Users can now easily search for ENS domains like “crypto.eth” directly on OpenSea.
Destiner.eth introduced an ENS Renewals module, allowing smart accounts to automatically renew ENS domains they own. The module works by installing it in a 7579-compatible account, where users can specify domains and renewal criteria. The module could lead to broader use cases, like automated payroll and token conversions. An open challenge remains on how to incentivize external accounts to execute these modules. More details are available on the GitHub repository ENSRenewal GitHub.
Luc.eth revealed that the upcoming World App v3 by Worldcoin will feature native ENS subnamesunder the world.id domain. This update allows users to create personalized subnames, such as “@tiago.world.id,” making identity verification and credential management more seamless and decentralized within the app.
Nalin announced that their Ethereum faucet for Sepolia and Holesky has integrated ENS. Now, users can simply enter an ENS address to receive faucet drips of ETH, enhancing accessibility and ease of use within Ethereum’s testnets. This integration simplifies obtaining testnet ETH for developers and users, bringing ENS’s utility further into Ethereum’s ecosystem.
The Devcon website is now fully decentralized, hosted on Swarm, ENS, and eth.limo. The Swarm team developed a Decentralized Improvement Proposal (DIP) to align the Devcon website with Web3’s ethos.
@estmcmxci published an article on implementing the P256 precompile in the EVM, highlighting its potential to improve Ethereum’s compatibility with WebAuthn, DNSSEC, and ENS. This integration is key to unifying identity frameworks in Web3, aligning with existing web standards. Read more here.
Meta-Governance – @5pence.eth
ENS Ecosystem – @slobo.eth
Public Goods – @simona_pop
DAO Secretary - @limes
The responsibilities of the Lead Stewards & Secretary are set out in Rule 9.8 and Rule 9.9 of the Working Group Rules.
—
Working Group | Time | Schedule | Location |
|---|---|---|---|
Meta-Governance | 1pm UTC | Tuesday | |
🌱 Ecosystem | 4pm UTC | Thursday | |
Public Goods | 5pm UTC | Thursday |
—
In Q3 2024, ENS generated $6.3M in total revenue:
$4.72M from registration fees,
$838k from temporary premium fees,
$738k from DeFi returns on the ENS endowment.
Year-to-date revenue stands at $22.6M, driven by registration, premium fees, and DeFi yields. For more details, read the full report.
The Meta-Governance Working Group provides governance oversight and support for working group operations through DAO tooling and governance initiatives.
The proposed compensation structure for Term 6 includes $4,000 USDC per month for stewards and $5,500 for lead stewards, alongside a new $ENS token distribution equal to their USDC earnings, vested over two years. Tokens are distributed based on the price on July 1st, and 25% will have vested by that date. The proposal will be put to a DAO vote.
The ENS Open Ledger is a newly launched platform for tracking and visualizing DAO budgets. Through an interactive Sankey diagram, users can view fund allocations and transfers across working groups and categories.
The tool allows filtering by quarter or year, providing a detailed, intuitive view of ENS financial data, including recipient information. Charts and data are updated every two hours and can be exported for further analysis. Explore the Open Ledger here.
During a recent Metagov Working Group call, x23.ai presented updates on their latest product developments:
Community Newsfeed: A newsfeed offering general updates about the ENS community and its ongoing activities.
ENSWizard: A newly introduced Telegram bot designed to assist in onboarding new contributors and addressing any ENS-related inquiries.
The team behind x23.ai encourages the community to explore these tools and provide feedback. More details can be found at x23.ai.
Since its MVP launch, Dhive.io has introduced several key features:
ENS Domain Search: Users can now search profiles via ENS domains.
DAO Reports: Detailed insights into DAO activities, proposals, and voter participation.
Active Proposals: Tracks voter participation for both on-chain and off-chain governance, with encrypted vote support.
New DAOs: Dhive.io now supports 16 DAOs.
Ranked-Choice Voting: New custom Sankey chart for ranked-choice proposals.
Explore the new features and share feedback on their platform.
Revenue > Cash Burn, Runway: 157 months
Revenue: $1.6M (vs. $1.9m last month)
Cash Inflow: $.8M (vs. $1M last month)
Normalized Cash Burn: $0.7M
Reserves: $117M (ETH: 105M, USDC: 12M)
Total Endowment: $82.5M
P&L: 2.3M (ETH mark-to-market)
Review the full report prepared by @Steakhouse here.
Balance Overview:
Total funds in the endowment: $81.7m
Capital utilization: 100%
Monthly DeFi results: $216,758
Review the full report prepared by @Karpatkey here.
The Ecosystem Working Group strengthens the ENS Protocol by facilitating developer relations, identifying and funding high-potential projects that enhance ENS, and supporting ENS-aligned initiatives.
ENS Data (pugson.eth)
Pugson.eth received a 10,000 USDC grant to maintain the ENS Data API, which now handles over 70 million lookups. The grant covers infrastructure costs and performance improvements, with updates like linking ENS names to Farcaster, gradient avatars, and IPFS media rendering. Monthly costs have risen to $175.
Fast ENS API for Web3 (frolic.eth)
Frolic.eth was awarded 15,000 USDC to enhance the fast ENS API, handling millions of requests monthly. The grant supports rising infrastructure costs (~$350/month) and a major API rewrite to improve performance and introduce a strongly typed SDK. Yearly expenses are expected to be around $4,200.
The ENS Ecosystem Working Group is participating in Gitcoin Grants Round 22 with a 70k USDC matching pool. This round supports projects building on ENS, using Gitcoin’s quadratic funding model, which rewards both the total amount raised and the number of contributors.
Application Period: 2024/10/14 12:00 UTC - 2024/10/23 12:00 UTC
Donation Period: 2024/10/23 12:00 UTC - 2024/11/06 23:59 UTC
Chain: Arbitrum
Eligible Projects: Must be building on ENS
Namestone Q3 2024 Update:
Namestone saw significant growth in Q3, with over 10,000 subnames created and 1.9M total resolutions. Product updates include support for Layer 2 (Optimism, Base, Arbitrum, Polygon) and the open-sourcing of ENSPro. Notable events include SheFi’s gasless subnames at their Singapore summit and strong hacker adoption at ETHBrussels and ETHRome. Read the full report.
Eth.limo Q3 2024 Update:
Eth.limo has completed the migration of the eth.link service to its platform, now handling 64% of traffic. User growth surged, with over 4,000 new contenthashes added in August for dWebsites. Next steps include launching serverless WASM tools for ENS domains and a trustless IPFS content verification service worker. Read more here.
Namespace Q3 2024 Report
Namespace’s Q3 report highlights significant progress in L2 subnames for Base and Optimism, with ongoing improvements to the platform. Key updates include marketplace functionality, off-chain subname registration, and UI/UX redesigns. They also launched successful partnerships and integrations, enhancing user experience and scalability. A new L2 minting infrastructure is in development, along with enhanced tools for subname minting and management. Read the full report
Rescue.Name
Decentralized ENS renewal manager by Daniel Zarzecki. Users create a vault to renew names with ETH; others can renew for a reward.
GitHub: v3xlabs/rescue-name
Voting Power
Added governance stats for on-chain voting, including historical data.
Awesome ENS
A curated repository with tools for ENS integration.
Persona by Daniel Adebimpe
Converts PFPs into unique Web3 identities using ERC-6551. Sepolia deployment; Mainnet and Base integration coming.
GitHub Repository: ENS Improvement Proposals
ENSIP0 Focus: Codifying contribution standards for ENSIPs.
New Drafts:
Wildcard Writing: Off-chain resolver for domains to save gas.
Multiaddress Resolver: Resolves multiple addresses, enhancing cross-chain compatibility.
EOA/Reverse Resolution:
ENSIP-19 enables reverse resolution across EVM chains, adds default address support for L2s, and proposes fallback addresses.
More info
Editor Recommendations: Suggests adding two new editors.
Get Involved: Reach out to @nxt3d on Twitter or join the Telegram Dev Chat.
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The Public Goods Working Group supports the Ethereum ecosystem by identifying and funding open-source development.
Octant, spun out of the Gollum Foundation, helps fund public goods by staking 100k ETH and donating the yield. Octant is exploring collaborations with ENS for community events and themed grant epochs. They have 1,000 users with a 50% participation rate and are running a raffle to fund projects each round. A demo day is planned for October 24th.
ENS DAO offers several resources for understanding and participating in its ecosystem:
ENS DAO Basics: Learn about the ENS DAO, including voting and governance.
Support Docs: Guidance on registration, renewals, and development aspects.
Governance Docs: Insights into governance structure.
ENS Agora: Governance hub for proposal review and voting.
Give Feedback: Share input to help improve ENS.
ENS Repository: The ENS Protocol’s main GitHub repository.
Thank you for reading! Goodbye. 👋
ENS Labs: Arianee, ETHGlobal SF, frENSday Speakers
Community: EFP Launch, Spooky Box, Baseframes
Meta-Gov: October Funding Window, RFP
Ecosystem: Service Provider Updates
Public Goods: Grantee Updates
New editions — Bi-weekly on Tuesdays
Previous editions — Archived on the ENS DAO Archive
New proposals — Updates via Telegram
ENS DAO Dashboard — Available for public review
Submit feedback — Share what you’d like to see
Refer to the ENS DAO Calendar for working group calls and events.
Calendar: Public Access / Access with Gmail
[5.15][Social] ENS Governor Improvement Proposal: ProposalBond
This proposal introduces “ProposalBond,” lowering the proposal threshold while maintaining accountability. Bonds are forfeited if proposals receive significant “Against with penalty” votes.
Vote: Snapshot
Discussion: Open
Results: 50.21% Approval
[EP 5.16][Executable] ENS Labs’ Legal Fee Reimbursement
Reimburses ENS Labs $1.2M USDC for eth.link domain litigation.
[5.17.1] ENS Meta-Governance Working Group Funding
Requests $254k USDC for operations through April 2025, covering compensation, tools, and resources for governance.
[5.17.2] ENS Ecosystem Working Group Funding
Requests $836k USDC for ecosystem initiatives, including grants, hackathons, and partnerships.
[5.17.3] ENS Public Goods Working Group Funding
Requests $236k USDC for grants, events, hackathons, and bounties supporting Web3 infrastructure.
All funding votes begin October 9th, included in the collective proposal.
Governance Distribution Program (Pilot)
Proposes a 1:1 ENS Matching Program for grant recipients with 3-year vesting, aimed at decentralizing governance.
Details: ENS Forum
Make Wrapped Names Immutable
Proposes removing ENS DAO’s ability to reclaim wrapped names, ensuring names become immutable after fuses are burnt.
Details: ENS Forum
Convert 20% of ENS DAO’s USDC to Glo Dollar
Proposes converting $920k USDC to Glo Dollar to fund public goods without additional costs, diversifying treasury holdings.
Details: ENS Forum
Ranked Choice Voting in Snapshot
Proposes using the Copeland method for ranked choice voting in Snapshot, offering a transparent alternative to Instant Runoff Voting.
Details: RFP
Proposals are the means by which changes are made to the status quo. There are two types of proposals:
Social Proposals: Offchain proposals seeking the DAO’s agreement on social considerations that cannot be enforced onchain.
Executable Proposals: Onchain proposals that execute code related to the ENS Protocol and ENS DAO smart contracts, as voted on by the DAO.
Proposal Threshold: A minimum of 10k $ENS is required to submit social proposals, and 100k $ENS is required for executable proposals.
Stay updated on DAO governance and proposals by regularly checking the Term 5 Dashboardand the Voting Period Bulletin, which provide comprehensive updates and summaries. For detailed governance information, refer to our Governance Docs. To see real-time voting power distribution, visit votingpower.xyz.
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ENS core team members participated in various hackathons and delivered key presentations across the ecosystem:
@Esk3nder.eth, Head of Product and Strategy, ppresented at Magma in Kenya, highlighting ENS’s global influence.
@matoken.eth judged a hackathon in Malaysia, supporting the next generation of Web3 talent.
@gregskril spoke at ETHRome, where ENS sponsored a $5k bounty and led discussions on decentralized identity and ENS’s evolving role.
ENS has partnered with Arianee to integrate ENS for onchain verified identity management. This enhances secure digital identities for brands. Now, companies using Arianee can link domain names to ENS, adding transparency and authenticity.
Breitling, the first to adopt this, has set their corporate domain as an ENS name, providing verifiable Digital Product Passports for their watches.
This partnership sets a new standard for blockchain-based identity management, helping brands secure their products and customer interactions.
Learn more about the partnership.
Simona Pop (@simona_pop) and @5pence.eth, ENS DAO Stewards, have been the most recent additions as speakers for frENSday 2024:
Simona.eth, Lead Steward of the Public Goods Working Group
5pence.eth, Lead Steward of the Meta-Governance Working Group
They will discuss ENS governance and the future of public goods. To submit questions to the speakers, visit the frENSday submission page.
Additional speakers include:
Medha Kothari (medha.eth), Product Manager, Uniswap Labs
Paulio.eth, Founder & CEO, 3DNS
Vitalik Buterin, Co-founder, Ethereum
Nick Johnson, Lead Developer, ENS Labs
Steve Ptucha, Product, Venmo/PayPal | Crypto
ENS will sponsor ETHGlobal San Francisco from October 18-20, offering $10,000 in prizes for hackers building with ENS.
For details and registration, visit the ETHGlobal San Francisco website.
The new ENS brand page is live at ens.domains/brand. Whether you’re building with ENS or just a fan, the brand page provides everything you need to stay on-brand:
Logos, including the ENS mark and $ENS token icon, available in PNG and SVG formats
New ENS colors with copyable values for consistent branding
A detailed brand guide PDF covering typography and pathways for effective brand use
This resource makes it easier for developers and supporters to keep their ENS projects visually aligned.
Past:
Upcoming:
Help improve the ENS ecosystem by providing feedback on Canny, where ENS Labs members and Working Group stewards will address your submissions. You can submit Feature Requests, Integrations, Bug Reports, or upvote and comment on existing posts. Share your feedback on Canny here.
Submissions for the ENS newsletter are open! Share updates on projects, events, achievements, or community changes for inclusion. Submit your segment by visiting the Newsletter ddocs site here and leaving a comment.
The Ethereum Follow Protocol (EFP) is now live on mainnet (ethfollow.xyz), adding a decentralized onchain social graph to Ethereum’s identity stack, integrating ENS. EFP lets users follow and tag Ethereum accounts, enabling relationships to be displayed in any crypto app.
ZKP2P has launched its digital goods marketplace, enabling Web2 domain trading on Base with faster settlements, lower fees, and zkEmail-secured transactions. You can also set your DNS name as your ENS name, enhancing onchain functionality.
Get started at domains.zkp2p.xyz.
Vision has released an update integrating ENS Banners for Vision profiles. Users can now display their ENS banner and view EFP Follower & Follow counts on their profile, enhancing customization and engagement within the ENS community.
Basenames now support Frames, allowing users to create an onchain Linktree-like experience. Pin frames to your Basename profile for payments, subscriptions, and more. Creators can experiment by building their own frames, exploring new onchain features.
Uniswap Labs announced that nearly 1 million uni.eth usernames have been claimed. Onchain identities are available to everyone, and you can claim yours for free via the Uniswap mobile app.
Get yours by downloading the Uniswap mobile app and claim your unique uni.eth username.
Celebrate Halloween onchain with Spooky Box, an adventure hosted by 3DNS on Base. Participants can mint Spooky.boxes, usable as both ENS and DNS domains. Mint more boxes before October 31, 2024, to increase your chances of unlocking surprises. A Halloween snapshot will select lucky holders for additional treats.
Mint your Spooky.box at Spooky.box.
Basenames, a core identity project on Base, has hit 450,000 registrations. Basenames serve as decentralized usernames, driving the demand for onchain identities.
Claim your Basename at the official Basenames page.
Unruggable has launched Unruggable Gateways, providing a secure, trustless method for verifying data from Layer 2 (L2) rollups on Layer 1 (L1) Ethereum. This innovation ensures data retrieved from L2 is final and reliable on L1.
Unruggable Gateways fetch data from rollups and provide inclusion proofs, verifying that data exists within the chain’s structure. The proof is checked against the block’s state root and verified through Merkle Tries, ensuring data integrity.
Rollups finalize state in different ways:
Fault-proof systems contest state roots.
Zero-Knowledge rollups use validity proofs for state transitions.
Finalization time varies, with fault-proof systems potentially taking a week, while others finalize faster with lower gas costs. Unruggable Gateways are adaptable to evolving L2 needs, offering robust data verification and finalization solutions for trustless applications on Ethereum.
Meta-Governance – @5pence.eth
ENS Ecosystem – @slobo.eth
Public Goods – @simona_pop
DAO Secretary - @limes
The responsibilities of the Lead Stewards & Secretary are set out in Rule 9.8 and Rule 9.9 of the Working Group Rules.
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Working Group | Time | Schedule | Location |
|---|---|---|---|
 Meta-Governance | 1pm UTC | Tuesday |
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The Meta-Governance Working Group provides governance oversight and support for working group operations through DAO tooling and governance initiatives.
Revenue > Cash Burn, Runway: 157 months
Revenue: $1.6M (vs. $1.9m last month)
Cash Inflow: $.8M (vs. $1M last month)
Normalized Cash Burn: $0.7M
Reserves: $117M (ETH: 105M, USDC: 12M)
Total Endowment: $82.5M
P&L: 2.3M (ETH mark-to-market)
Review the full report prepared by @Steakhouse here.
The Ecosystem Working Group strengthens the ENS Protocol by facilitating developer relations, identifying and funding high-potential projects that enhance ENS, and supporting ENS-aligned initiatives.
3DNS, the first ICANN-accredited onchain domain registrar, integrates traditional DNS with ENS through their .box project, allowing users to manage identities and payments across Web3. They are expanding identity solutions for Optimism and Base. A grant of 118,750 USDC was approved for audit reimbursements and recognition of 3DNS’s contributions, including the success of my.box and Superchain initiatives.
Learn more on their GitHub.
SheFi Summit: Distributed subnames to all attendees.
ETHGlobal Singapore Prize Winners:
ETHGlobal Feedback: Developers provided feedback on ENS Docs and Developer Tools during the ETHGlobal Hackathon. Navigation structure has been revised. Additional feedback is welcome via the GitHub repo.
New ENS Brand Page: Logos, token icons, and usage guidelines available. Feedback requested at the ENS Brand Page.
Participate in Gitcoin Grants GG22 by visiting Gitcoin Grants. ENS is contributing $50k USDC, with an additional $25k match from Gitcoin for the ENS Community Round. Grants open on October 23, and while Stewards are ineligible, other ENS-related projects and service providers are encouraged to apply.
EFP: Service Provider Report Q3 2024
The report details how the Ethereum Follow Protocol (EFP) used ENS DAO funding in Q3 2024. EFP launched on mainnet in September, with 4.4k lists created and 100k list operations. The project focuses on full ENS integration and decentralization through its web3 social graph protocol.
For more details: Service Provider Report.
Namespace: Service Provider Report Q3 2024
Namespace’s Q3 report highlights progress in integrating subname minting on L2 chains like Base and Optimism. New features include a subname trading marketplace and SDK for ENS subname registration. Stats show increased L1 and L2 subnames minted, with new partnerships like WebHash integration. Namespace onboarded new developers and is undergoing contract audits by Code Arena. Expenses are primarily covered by a 200k USDC grant.
More details: Q3 Report.
Eth.Limo: Now Administers eth.link
Eth.limo regained control of eth.link after litigation with CloudFlare. DNS records have been migrated, and eth.link now handles 38% of new users while remaining interoperable with eth.limo. Both domains will continue to operate. An MVP for a decentralized gateway is in development, alongside ongoing SEO discussions. For decentralized websites, consider Planetable or Webhash.
eth.cd
EFP Integration: Users can view and follow profiles, with chat features.
Base Name Support: Integration of Base names is now live.
Webhash Integration: Add EFP to decentralized Webhash websites.
ENSIP GitHub Repo: ENS Improvement Proposals
ENSIP0 Focus: Working with @netto.eth to standardize ENSIP contributions.
Exploring an editor system for DAO proposals.
@slobo.eth will share updates on this initiative soon.
Get Involved: Reach out to @nxt3d on Twitter for feedback or to get involved.
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The Public Goods Working Group supports the Ethereum ecosystem by identifying and funding open-source development.
Marco Galluccio from Urbe Campus presented updates from ETH Warsaw, which took place from September 5-6, with over 25 attendees and 10 hours of workshops. ETH Warsaw was a test for future events, with lessons being applied to ETH Rome (Sep 30 - Oct 3) and Devcon in Bangkok. The Devcon collaboration with a coding school partner will offer pre-event experiences in Bangkok. Discussions on bringing people to frENS Day and ETH Rome payments were also mentioned.
For more info: ENS Public Goods Large Grants Q3 2024
@alisha.eth presented updates on the Firefly project, an open-source Ethereum hardware wallet and gaming device. They aim to distribute at least 500 units before and during Devcon. A developer bounty program is being created, with milestone tracking available on Questbook. The biggest cost issue is with the 3D-printed cases. Discussions are ongoing about the effectiveness of composable bags for shipping. Users can try out the firmware on Chrome via Firefly Box.
Follow updates on X: Firefly.
ENS DAO offers several resources for understanding and participating in its ecosystem:
ENS DAO Basics: Learn about the ENS DAO, including voting and governance.
Support Docs: Guidance on registration, renewals, and development aspects.
Governance Docs: Insights into governance structure.
ENS Agora: Governance hub for proposal review and voting.
Give Feedback: Share input to help improve ENS.
ENS Repository: The ENS Protocol’s main GitHub repository.
Thank you for reading! Goodbye. 👋
Status: Executed
 Ecosystem | 4pm UTC | Thursday |
 Public Goods | 5pm UTC | Thursday |
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