Ethereum Name Service

Summary

The Public Goods Working Group is requesting funding of 430,650 USD equivalent for the second term. The budget has five categories. All figures are presented in USD equivalent.

July 19, 2022. ETH = 1500 USD and ENS = 11.00 USD.

Multisigs / Subgroups: $431k USD Value

Funding for each category is associated with a multisig wallet that has a clearly defined mandate. These multisigs been approved by current stewards of the ENS Public Goods working group.

Budget

Description

The breakdown of each Multisig/Subgroup is the following. The PG Pod is the main multisig for the Public Goods Working Group.

Grants: $173K USD Value

Funding in this category supports grants that will be distributed through two mechanisms for this term. Rapid Grants will be distributed through the ENS DAO small grants platform, adopting the Nouns Prop.House model. Grants may also be funded for retro-active value provided by web3 Public Goods, with Steward approval.

Budget

Bounties: $113K USD Value

Funding for projects that accomplish certain goals that will be set out in a list of available bounties. Bounties will relate to initiatives and projects for which there is a need that benefits the broader web3 community.

Budget

Gitcoin GR15 & GR16: $100K USD Value

Funding in this category relates to matching funds provided for the main Gitcoin Grants Rounds over the next six months, GR15 and GR16. This amount is not related to the funding for the ENS Ecosystem Round, which is funded by the Ecosystem Working Group.

Budget

Unallocated: $45K USD

The funds in this category are reserved for unforeseen grants and unexpected expenses for the term.

Budget