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EP 5.4.1 & 5.4.2 Add Link & Update Spacing (#231)
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lucemans authored Apr 18, 2024
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10 changes: 10 additions & 0 deletions app/local/config/navigation/protocol.ts
Original file line number Diff line number Diff line change
Expand Up @@ -405,6 +405,16 @@ export const navigation: SectionData[] = [
{
title: '📖 Proposals Term 5',
links: [
{
// eslint-disable-next-line prettier/prettier
title: '5.4.2 - [Social] Funding Request: ENS Meta-Governance Working Group Term 5 (Q1/Q2)',
href: '/dao/proposals/5.4.2',
},
{
// eslint-disable-next-line prettier/prettier
title: '5.4.1 - [Social] Funding Request: ENS Meta-Governance Working Group Term 5 (Q1/Q2)',
href: '/dao/proposals/5.4.1',
},
{
// eslint-disable-next-line prettier/prettier
title: '5.3 - [Social] Determine ENS Labs\' next steps in eth.link litigation',
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24 changes: 15 additions & 9 deletions docs/dao/proposals/5.4.1.mdx
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Expand Up @@ -3,7 +3,11 @@ export const meta = {
description: 'This specification is the amount requested from the DAO treasury to the Metagov Multisig to fulfill anticipated budgetary needs through September 2024.',
emoji: '📖',
contributors: [
'5pence.eth, avsa.eth, estmcmxci.eth'
// '5pence.eth',
// 'avsa.eth',
'alexvansande',
// 'estmcmxci.eth'
'estmcmxci'
],
proposal: {
snapshot: '0xfa1fdf0cfb94eabecf613ccd6b0c3a9247c21e64047cf330c000760970a02536',
Expand All @@ -13,23 +17,26 @@ export const meta = {

# [5.4.1] [Social] Funding Request: ENS Meta-Governance Working Group Term 5 (Q1/Q2)

## Abstract
## Abstract

The ENS Meta-Governance Working Group requests funding of the below to **support operations until the September 2024 funding window**.

The Meta-Governance Working Group is responsible for providing governance oversight and supporting the management and operation of working groups through DAO tooling and governance initiatives as well as treasury management for the DAO.

This social proposal is submitted to satisfy the requirements set out in Rule 10.1.1 of the Working Group Rules ([EP 1.8](https://docs.ens.domains/v/governance/governance-proposals/term-1/ep12-working-group-rules)) and further required by [this snapshot proposal in Nov. 2023 modifying steward rules.](https://snapshot.org/#/ens.eth/proposal/0x26a5c8dec547837495707e70446d1e7cd874a91f75753c602998f6e70083a266) If this proposal is passed, the funding request will be included in a collective executable proposal put forward by all three Working Groups.

## Specification
## Specification

This specification is the amount requested from the DAO treasury to the Metagov Multisig to fulfill anticipated budgetary needs through September 2024.

| | USDC | ETH | $ENS |
| --- |:----:|:---:|:----:|
ENS Meta-Gov Main Multisig | 374k | 0 | 105k |
| ENS Meta-Gov Main Multisig | 374k | 0 | 105k |

## Description

### Current Metagov Wallet Balances

(Values expected as of March 5th, 2024 - Use hyperlinked wallet names to see current balances)

| Address | ETH | USDC | $ENS |
Expand All @@ -40,6 +47,7 @@ ENS Meta-Gov Main Multisig | 374k | 0 | 105k |
**This value includes 22.89 that the metagov safe loaned to the endowment fees payments that will be repaid to the metagov safe with executable that implements the new Endowment fees strategy*

## Expenditures

Meta-Gov sets aside funds to ensure coverage for mission-critical initiatives. While we strive to estimate term expenditures accurately, the final spending depends on pending initiatives. We anticipate that final expenditures will not surpass the expected expenses allocated for the term.

### Expected Expenses through September 2024
Expand All @@ -53,7 +61,8 @@ Meta-Gov sets aside funds to ensure coverage for mission-critical initiatives. W
| **Total Balance** | **484,000** | **15** | **105k** |

### Governance Distributions
| Recipient Category | Amount of $ENS | Method |

| Recipient Category | Amount of $ENS | Method |
| --------------------------- | -------------- | -------------------------------------------------------------------- |
| Contributors and Developers | 60k | Vesting contracts |
| Elected Stewards | 45k | Change to vesting contracts is planned for the 2025 guidance |
Expand All @@ -64,13 +73,10 @@ Meta-Gov sets aside funds to ensure coverage for mission-critical initiatives. W

**Governance**: Fee reimbursements and initiatives related to reducing friction in the governance process. This can also include $ENS distributed in order to lower barriers to the governance proposal process.



**DAO Tooling**: Developing interfaces and dashboards to improve the governance process and increase transparency across the DAO. An example of DAO tooling spend is our current engagement with Agora as they help build out an enhanced DAO proposal flow to streamline the proposal process.

**Discretionary**: Funds distributed at the discretion of stewards towards new initiatives + governance experiments. In this cycle, we've consolidated the former DAO Sponsorship category into this discretionary category.


## Conclusion

This funding request will allow the ENS Meta-Governance Working Group to continue its essential work in providing governance oversight, supporting the management and operation of working groups, and ensuring effective treasury management for the DAO. The requested funds will enable us to maintain our ongoing initiatives and develop new tools to enhance the governance process. We are grateful for the community's ongoing support and engagement, which is crucial to the success of the ENS DAO. The Meta-Governance Working Group remains committed to serving the ENS community and driving the long-term growth and sustainability of the ecosystem.
This funding request will allow the ENS Meta-Governance Working Group to continue its essential work in providing governance oversight, supporting the management and operation of working groups, and ensuring effective treasury management for the DAO. The requested funds will enable us to maintain our ongoing initiatives and develop new tools to enhance the governance process. We are grateful for the community's ongoing support and engagement, which is crucial to the success of the ENS DAO. The Meta-Governance Working Group remains committed to serving the ENS community and driving the long-term growth and sustainability of the ecosystem.
27 changes: 12 additions & 15 deletions docs/dao/proposals/5.4.2.mdx
Original file line number Diff line number Diff line change
Expand Up @@ -3,7 +3,7 @@ export const meta = {
description: 'This specification is the amount requested from the DAO treasury to the Public Goods Multisig to fulfill anticipated budgetary needs through September 2024.',
emoji: '📖',
contributors: [
'Coltron.eth, Vegayp.eth, Simona.eth'
// 'Coltron.eth, Vegayp.eth, Simona.eth'
],
proposal: {
snapshot: '0xd3437f1c9ece8a309da116be5bffaf31fa40df5361e04e43f9c913970a8746ee',
Expand All @@ -14,42 +14,38 @@ export const meta = {
# [5.4.2] [Social] Funding Request: ENS Public Goods Working Group Term 5 (Q1/Q2)

## Abstract

The ENS Public Goods Working Group requests funding of the below to **support operations until the September 2024 funding window**.

The Public Goods working group funds projects and builders improving the Web3 ecosystems. This funding stream is authorized in [Article III](https://docs.ens.domains/dao/constitution#iii-income-funds-ens-and-other-public-goods) of the ENS DAO
Constitution. This funding supports initiatives related to open-source software, tooling, research and any practical implementations that broadly benefit a wide range of users of Ethereum and Web3.
The Public Goods working group funds projects and builders improving the Web3 ecosystems. This funding stream is authorized in [Article III](https://docs.ens.domains/dao/constitution#iii-income-funds-ens-and-other-public-goods) of the ENS DAO Constitution. This funding supports initiatives related to open-source software, tooling, research and any practical implementations that broadly benefit a wide range of users of Ethereum and Web3.

This social proposal is submitted to satisfy the requirements set out in Rule 10.1.1 of the Working Group Rules ([EP 1.8](https://docs.ens.domains/v/governance/governance-proposals/term-1/ep12-working-group-rules)) and further required by [this
snapshot proposal in Nov. 2023 modifying steward rules.](https://snapshot.org/#/ens.eth/proposal/0x26a5c8dec547837495707e70446d1e7cd874a91f75753c602998f6e70083a266) If this proposal is passed, the funding request will be included in a collective
executable proposal put forward by all three Working Groups.
This social proposal is submitted to satisfy the requirements set out in Rule 10.1.1 of the Working Group Rules ([EP 1.8](https://docs.ens.domains/v/governance/governance-proposals/term-1/ep12-working-group-rules)) and further required by [this snapshot proposal in Nov. 2023 modifying steward rules.](https://snapshot.org/#/ens.eth/proposal/0x26a5c8dec547837495707e70446d1e7cd874a91f75753c602998f6e70083a266) If this proposal is passed, the funding request will be included in a collective executable proposal put forward by all three Working Groups.

# Specification
The current balance of the Public Goods multisig contains 147.2k USDC and 33.5 ETH. The working group requests an additional 450.3k USDC and 21.5 ETH from the DAO to accommodate this proposed budget.

The current balance of the Public Goods multisig contains 147.2k USDC and 33.5 ETH.
The working group requests an additional 450.3k USDC and 21.5 ETH from the DAO to accommodate this proposed budget.

## Current Balances (March 2024)

| USDC | ETH | ENS |
| ------ | ---- | ---- |
| ------ | ---- | --- |
| 147.2k | 33.5 | 200 |

*Balance information can be found at [https://enswallets.xyz
](https://enswallets.xyz/)
*Balance information can be found at [https://enswallets.xyz](https://enswallets.xyz/)

## Expected Spend (Through September 2024)

| Initiative | USDC | ETH |
| ------------------- | ------ | --- |
| Large Grants | 387.5k | 0 |
| Small Grants | 0 | 50 |
| Bounties | 45k | 0 |
| Bounties | 45k | 0 |
| Events + Hackathons | 115k | 0 |
| Discretionary | 50k | 5 |
| Total | 597.5k | 55 |

*Mult-sig contains 200 ENS that has no planned use. This may be transferred back to the DAO wallet during the term.


---

# Description of Initiatives

Expand Down Expand Up @@ -81,7 +77,8 @@ The current earmarked events are:
- [ETHGlobal Bangkok](https://ethglobal.com/events/bangkok)
- [Devcon](https://devcon.org/en/)

This list is not guaranteed as several events are still in the planning stages. The PG stewards will continuously assess opportunities to expand the public goods conversation and collaborations.
This list is not guaranteed as several events are still in the planning stages.
The PG stewards will continuously assess opportunities to expand the public goods conversation and collaborations.

## [](https://discuss.ens.domains/t/public-goods-group-budget-h1-2024/18725#discretionary-6)Discretionary

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