ENS DAO Newsletter
Issue #14 - 09/15/2022
👋 Hello!
Welcome to the Ethereum Name Service DAO Newsletter!
New publications are released on the 1st and 15th of every month.
Current outlets where it is available include the ENS DAO Forum, through a dedicated Substack, and on the Newsletter’s Twitter, through Revue.
If you are new here, the Term 2 dashboard is a great place to get started!
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We Merged! - Shortly before publication, history was made when Ethereum successfully transitioned from Proof-of-Work to Proof-of-Stake consensus. This migration has been in development since the very first days of Ethereum, and represents the efforts of countless contributors working years on end. It isn’t an exaggeration to say that this is one of the most significant moments in cryptocurrency history, and we are happy to have shared it with you.
Huge thanks to our supporters on Gitcoin!
We are just past the halfway mark for Gitcoin Grants Round 15, and the support from the community has been incredible! We are extremely grateful for the continued support and interest in our newsletter. Your contributions allow us to continue our operations and expand in new and exciting ways.
🗳️ Recent Proposals
Note: The numbering scheme for proposals has been revised to reflect the relevant term.
[EP2.2.4] [Social] ENS Endaoment - Passed
📝 Ecosystem Updates
@estmcmxci shared the first editorial written in Spanish with a special collaboration with Futurx, Latin America’s first web-based learning and sharing community for Music and Web3. ENS Como una Herramienta de Identidad y Pertenencia en la Web 3
Led by @estmcmxci, the Weekly ENS Global meetings will be hosted on Wednesdays at 3PM Eastern and will focus on the Learn Docs translation initiative. Two languages are near completion: Portuguese and Spanish. If you are interested in participating, please review the ENS Global Dashboard and leave a message in the forum.
@rocco has provided another update on the progress of EP10 - Community Run Identity Server (August). If you need a refresher on EP10, the Snapshot proposal can be found here.
In response to Vitalik Buterin proposing the idea of demand-based recurring fees on ENS domains, ENS Lead Developer Nick Johnson published an initial response that outlines his thoughts on the subject.
📰 Working Group News
⚖️ Meta-Governance
The Meta-Gov Working Group hosted meetings on September 5th and 12th, 2022 at 7PM UTC.
The meeting minutes are linked below:
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Highlights
ENS EnDAOment - The Snapshot vote passed on September 13th. Proposals can be submitted by direct message on the forum to @nick.eth or any Meta-Governance stewards. All proposals will be kept confidential until the closing of the submission period, and then posted publicly on the forum.
Gitcoin GR15 is active now until September 22nd. Click here to view all grants participating in the ENS Ecosystem $69,420 matching round!
ENS Small Grants - Rounds for the Public Goods and Ecosystem working groups are scheduled to go live on Thursday, September 15th. The project will be migrated to the DAO Github Organization after this round. For a summary of recent grants provided by the ENS Ecosystem Working Group, see our recent article, ENS DAO Midterm Grants Review (2022).
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🔄Ecosystem
The Ecosystem Working Group hosted meetings on September 5th and 12th, 2022 at 6PM UTC.
The meeting minutes are linked below:
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Highlights
Devcon Bogotá - The team is looking forward to attending this event hosted by the Ethereum Foundation in October. The DAO has a roll call in a forum post and a Telegram channel is also available here.
Name Wrapper - This much-anticipated core upgrade has passed the audit, and the User Interface is expected to be released in the new manager app.
ENS Project Highlights - Ten projects participating in the ENS Ecosystem round in GR15 were highlighted on the most recent call. More information and links can be found in the meeting minutes.
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✅ Public Goods
The Public Goods Working Group hosted meetings on September 6th and 13th, 2022 at 6PM UTC.
The meeting minutes are linked below:
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Highlights
Women-led initiatives in our Ecosystem - The Public Goods working group is highlighting women-led initiatives within the ENS ecosystem and Web3 adjacent ecosystems. Led by @elle97 (hellenstans.eth), the initiative will seek to highlight Gitcoin GR15 and leaders in the space who focus on protocol development, education, and advocacy. This is an exercise in building rapport with those underserved communities and establishing our unique identity as a vehicle for funding Public Goods.
Discussion on donations for objectionable names - An open space for discussion was available regarding the registration of objectional .eth names and if the DAO should handle this revenue differently.
Additional public goods topics - Several community members presented ways they are contribute to Public Goods in the ENS Ecosystem, including Women Build Web3, WAGMI, ENS Latino, and more. More information can be found in the meeting minutes.
🌐 DAO2DAO
This week, the Public Goods Working Group is highlighting women-led initiatives in ENS, web3, and leaders focused on protocol development, education, & advocacy.
As part of this initiative, hellenstans.eth is hosting a series of Twitter Spaces to feature different projects within this context, including:
Blu3 DAO - "A DAO focused on empowering women, non-binary people, and allies to learn, earn, and play in web3 towards financial freedom."
ENS Queens - "A group of women that focus on onboarding and educating on all things ENS and web3."
Women Build Web3 - "An accelerator for female and nonbinary engineering talent."
Be sure to follow the ENS DAO Twitter so you don’t miss any future community spotlights.
🤝 Get Involved
Follow the ENS DAO and ENS DAO Newsletter accounts on Twitter.
Join our Governance Forum!
Join us on our Discord to chat about ENS or speak to a moderator.
Visit our Governance Docs.
🔒 Security Tip
Learn about the latest crypto scams and how you can avoid becoming a victim in our recent report, The State of Crypto Scams, Sept. 2022.
📈 Market News
During the first week of September, ENS domain sales overtook Bored Ape Yacht Club, becoming the top-selling collection in seven-day volume on the NFT marketplace OpenSea.
“According to OpenSea, there are over 508,000 owners of ENS NFTs with a total trading volume of 56.3k ETH, representing around $86.2 million.”
Source: Ethereum Domain Names Top NFTs as Most Traded Asset on OpenSea
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According to the Twitter account ENS Sales Bot, the top five .eth name sales (letters) of the past two weeks were:
bit.eth - 50.28Ξ (~80,000 USD)
anon.eth - 25Ξ (~40,000 USD)
spain.eth - 16Ξ (~25,500 USD)
diamondhands.eth - 12Ξ (~19,100 USD)
food.eth - 8.88Ξ (~14,100 USD)
And the top five .eth name sales (numbers) were:
022.eth - 69.22Ξ (~110,000 USD)
062.eth - 45Ξ (~71,800 USD)
026.eth - 42Ξ (~67,000 USD)
708.eth - 38.7Ξ (~61,750 USD)
917.eth - 36.65Ξ (~58,500 USD)
Honorable Mentions
👨✈.eth - 10Ξ (~16,000 USD)
🧙🏼♀.eth - 3.7Ξ (~5,900 USD)
69069.eth - 3.5Ξ (~5,600 USD)
Approximate exchange rate as of September 14th, 2022.
Thank you very much for reading! Take care. 👋