Meta-Governance Updates — July 15 ✧  

Endowment ~$107M (77% ETH). Second TWAP discussed; Q2 revenue health questioned. Tally to post offchain proposal for Gov UI funding. Updated L2 subname proposal coming soon.

Endowment near ATH at ~$110M. Weekly: ~$11.3M gain, $61K yield, 100% invested. BTC hit $122K, ETH & SOL ETFs saw inflows. GMX hack ($40M) mostly returned. 

DAO to spend ~$15M in 2025, needs ~$30M runway in stables.

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Q2 revenue was $3.7M. Annual spend projected at $15.5M—$10M ENS Labs, $4.5M service providers, $1.5M WGs.

Tally proposal revised to tap Meta-Gov budget, adding Snapshot indexing & full proposal transparency, as well as milestone-based payments. https://discuss.ens.domains/t/should-the-dao-have-tally-as-a-dedicated-governance-service-provider/20937?u=estmcmxci

Q2 revenue was $3.7M. Annual spend projected at $15.5M—$10M ENS Labs, $4.5M service providers, $1.5M WGs.
https://discuss.ens.domains/t/ens-revenue-reports/20577/4

Endowment near ATH at ~$110M. Weekly: ~$11.3M gain, $61K yield, 100% invested. BTC hit $122K, ETH & SOL ETFs saw inflows. GMX hack ($40M) mostly returned. 

DAO to spend ~$15M in 2025, needs ~$30M runway in stables.

🔗 https://lookerstudio.google.com/u/0/reporting/455e7884-3a66-4dff-97cf-74cb9c1de98a/page/9XwGF