Meta-Governance Updates — June 4 ✧

Yesterday’s meeting covered endowment updates and the OpenBox proposal, which positions ENS as the identity layer for tokenized TLDs via .box. 

A social proposal is expected soon, with technical/legal clarity to follow on the forum.

Endowment: ~$94.5M, slightly down from last week but within range. Yield is led by USDS (2.98% APR), with $2M in ETH pending redeployment. 

TWAP sale nearly complete (289 ETH left). Notably, Consensys-backed Sharplinks committed $425M to buy ETH.

🔗

Endowment: ~$94.5M, slightly down from last week but within range. Yield is led by USDS (2.98% APR), with $2M in ETH pending redeployment. 

TWAP sale nearly complete (289 ETH left). Notably, Consensys-backed Sharplinks committed $425M to buy ETH.

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

ENS is considering OpenBox as its official non-exclusive registrar to lead TLD tokenization via .box. 

The proposal outlines partnerships, Namechain integration, and ICANN alignment.

The Working Group is finalizing an EP for Season 2 of the Service Provider Program, reflecting a $4.5M budget, updated streams, and two new providers. 

They're testing stream changes, transition payments, and allowances—DAO vote expected June 11.

This is the final post in the thread. For further guidance, reach out to the Meta-Governance Stewards.

🔗 https://discuss.ens.domains/g/Meta-Gov_Stewards

The Working Group is finalizing an EP for Season 2 of the Service Provider Program, reflecting a $4.5M budget, updated streams, and two new providers. 

They're testing stream changes, transition payments, and allowances—DAO vote expected June 11.

https://discuss.ens.domains/t/spp2-stream-implementation-preparing-the-executable-proposal/20890

ENS is considering OpenBox as its official non-exclusive registrar to lead TLD tokenization via .box. 

The proposal outlines partnerships, Namechain integration, and ICANN alignment.
https://discuss.ens.domains/t/temp-check-ens-dao-investment-in-openbox-inc/20828?u=estmcmxci