[EP3.1.1] [Social] Q1/Q2 2023 Funding Request: ENS Ecosystem Working Group
Abstract
The ENS Ecosystem Working Group requests funding of 935,000 USDC and 254 ETH from the ENS DAO for Q1/Q2 2023.
The ENS Ecosystem Working Group is responsible for growing and improving the ENS Ecosystem by funding people and projects that are ENS-specific or ENS-centric. In line with Article III of the ENS DAO Constitution, the requested funds will be used to support projects and builders contributing to the development and improvement of the ENS protocol and the ENS ecosystem.
This social proposal is submitted to satisfy the requirements set out in Rule 10.1.1 of the Working Group Rules (EP 1.8). If this proposal is passed, the funding request will be included in a collective executable proposal put forward by all three Working Groups.
Specification
| USDC | ETH | $ENS | |
|---|---|---|---|
| ENS Ecosystem Multisig | 935,000 | 254 | - |
Description
ENS Ecosystem Multisig Balance
The ENS Ecosystem Working Group is requesting 935,000 USDC, 254 ETH, and 0 $ENS.
The ENS Ecosystem Working Group currently has 879,982 USDC, 110 ETH, and 40,936 $ENS in its multisigs.
If this funding request is approved, the ENS Ecosystem Working Group multisigs will have a total of 1,814,982 USDC, 364 ETH, and 40,936 $ENS.
| USDC | ETH | ENS | |
|---|---|---|---|
| Carried Forward (from Q3/Q4 2022) | 879,982 | 110 | 40,936 |
| Requested (for Q1/Q2 2023) | 935,000 | 254 | 0 |
| Total Balance | 1,814,982 | 364 | 40,936 |
ENS Ecosystem Multisig Allocations for Q1/Q2 2023 (with funding request approved)
The table below shows the total allocations for the ENS Ecosystem Working Group multisig, and related multisigs, with funds carried forward from last term (Q3/Q4 2022) along with funds requested in this proposal for this term (Q1/Q2 2023).
| USDC | ETH | $ENS | |
|---|---|---|---|
| Hackathons | 235,000 | 20 | - |
| Support | 178,000 | 20 | 1,250 |
| Grants | 220,580 | 30 | - |
| Builders | 250,000 | 39 | 2,000 |
| IRL | 84,256 | 10 | 1,000 |
| Merch | 50,967 | 5 | 500 |
| ENS Fairy | 50,000 | 174 | - |
| ENS Fellowship | 60,000 | - | - |
| Layer 2 | 150,000 | - | - |
| Normalization | 50,000 | - | - |
| ETH.Limo | 85,000 | 10 | - |
| Bug Bounty** | 240,000 | - | - |
| Discretionary | 161,179 | 56 | 36,186** |
| Total Balance | 1,814,982 | 364 | 40,936 |
** The USDC in the Bug Bounty and the $ENS held by the ENS Ecosystem Working Group multisig is available if needed and will likely be carried forward into future terms.
Allocation of Requested Funds
The 935,000 USDC, 254 ETH, and 0 $ENS of funds requested in this proposal will be allocated to the following initiatives/outcomes.
| USDC | ETH | $ENS | |
|---|---|---|---|
| Hackathons | 230,000 | 10 | - |
| Support | 90,000 | 5 | - |
| Grants | 105,000 | 30 | - |
| Builders | 100,000 | 15 | - |
| IRL | 45,000 | 5 | - |
| Merch | 40,000 | 5 | - |
| ENS Fairy | 50,000 | 174 | - |
| ENS Fellowship | 60,000 | - | - |
| Layer 2 | 105,000 | - | - |
| Normalization | 40,000 | - | - |
| ETH.Limo | 70,000 | 10 | - |
| Total Requested Funds | 935,000 | 254 | - |
Description of Initiatives/Pods
Support: Support mods for social platforms, technical and non-technical educational and archival content
Grants: Small grants funding for ENS proposals on ensgrants.xyz + evergreen integration bounties
Builders: Support for builders shipping code that improves ENS
IRL: Funding In Real Life events that coincide with the existing Ethereum event schedule + funding IRL community meetups
Merch: Subsidizing the cost of creating and shipping physical ENS merchandise including shirts, hats, and pins
ENS Fairy: Funds continued development of ensfairy.xyz + acquisition by validator.eth of names on temporary premium that can be utilized to grow ENS adoption + funding the ENS fairy registration bot to gift .eth names to IRL community members and builders
ENS Fellowship: Supports exceptional developers actively creating and contributing to the ENS ecosystem with a 6 month Fellowship
Layer 2: Development of ENS Layer 2 solutions
Discretionary: Funds in the Ecosystem Working Group multisig that are utilized at the discretion of stewards
This proposal was prepared by Slobo.eth, lead steward of the ENS Ecosystem Working Group.
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x9831...1b6744 | 205,395 | Against |
 0xb8c2...A267d5 | 178,353 | For |
 0x809F...eBF68e | 161,524 | For |
 0x2B88...537d12 | 158,135 | For |
 0xed11...a5bb04 | 155,279 | For |
VOTE POWER
Proposal Status
- Wed January 25 2023, 04:00 pmVoting Period Starts
- Mon January 30 2023, 04:00 pmEnd Voting Period
Current Results
1-For
1.449M
2-Against
208,582.378
3-Abstain
13,640.353