Newsletter Roundup (tl;dr)
ENS Labs Update: GoDaddy Partnership, ETH Denver, Nick.eth on CNBC
Community Updates: Uniswap UI integrates ENS, Mywallet.is, offramps.eth
Meta-Governance: DAO Bylaws, Service Provider Streams
Ecosystem: NameFi, NameSys, Mailchain
Public Goods: Gashawk Milestone Presentation, Clave’s Solution
Welcome to the ENS DAO Newsletter:
New editions — published bi-weekly (Tuesday)
New proposals are broadcasted to Telegram.
ENS DAO Dashboard is now available for public review.
Submit feedback — tell us what to feature!
Refer to ENS DAO Calendar for ENS DAO working group calls and other events.
The Term 5 Dashboard, managed by the Meta-Governance Working Group, provides updated summaries of DAO governance and initiatives. Regularly check it for the latest developments.
[EP5.1] [Executable] Upgrade DNSSEC support (Executed)
Note: A minimum of 100k $ENS is required to submit executable proposals. Once a proposal gains momentum, the stewards will prioritize it for a vote during the designated voting window. See our Governance Docs for more information. To view the real-time distribution of voting power among delegates, visit votingpower.xyz.
ENS Labs Updates
ENS Stats: January 2024
In January 2024, the ENS Protocol registered 39.8k new .eth domains, bringing the total to 2.1 million. The protocol generated revenue of $1.3 million during this period, all of which was allocated to the ENS DAO. The number of Ethereum account holders with at least one ENS name increased by 33.9k, totaling 818k. There were 31.7k primary ENS names set, making the overall count 737k. Additionally, 8k new avatar records were created, reaching a cumulative total of 149k.
Join ENS Labs as Technical Content Writer
ENS Labs has announced a job opening for a Technical Content Writer. The position, which is open to remote candidates, calls for an individual who can effectively simplify complex technical concepts for a diverse audience. The role involves creating accessible, impactful resources that will serve the global community, covering a spectrum from technical specifications to blogs.
Key responsibilities include:
Managing a wide range of technical documentation and ensuring adherence to industry best practices.
Demonstrating exceptional technical writing skills through an impressive portfolio.
Developing a variety of community content, from interactive guides to blogs, with a focus on usability for developers.
Operating proficiently with technical writing tools and popular content management systems.
ENS Labs emphasizes the importance of this role in shaping how users interact with the New Internet, indicating a dynamic and influential work environment for the prospective candidate. Qualified individuals may apply here. — 01.30.24
ENS on Farcaster
ENS Labs announced its official account on Warpcast, which is a Farcaster client. Farcaster is a sufficiently decentralized social network, built on Ethereum, that functions as a public platform similar to Twitter and Reddit. Farcaster integetrates ENS in its namespace as part of its identity layer Users retain ownership of their accounts and relationships with other users, and they are free to migrate between different applications. Follow ENS on Warpcast now. — 01.30.24
ENS Announces Presence at Ethereum Denver
ENS announced its participation in ETHDenver, scheduled from February 29th to March 3rd. The ENS Labs team, along with the ENS Working Group Stewards, will attend to engage with the community in real life, with various activities planned to enhance the ETHDenver experience. ENS is also reintroducing IYK enabled ENS Cards at the event, allowing attendees to print their ENS names and avatars with custom designs. Pre-registering for ENS Swag Cards is recommended and can be done by visiting the ENS Swag Site. ENS has also planned a side event on February 9th, from 6PM to 9PM, Local Time at Lady Jane. Register for the event by visiting the event page. — 01.31.24
ENS Announces Partnership with GoDaddy
ENS announced a strategic partnership with GoDaddy, the world’s largest domain registrar, to facilitate the integration of DNS domains into the ENS ecosystem. This collaboration aims to make it effortless for GoDaddy’s vast customer base to link their DNS domains with Ethereum addresses. The initiative leverages the recent launch of Gasless DNSSEC, which permits the verification of DNS records without incurring transaction fees, thereby enabling DNS domains to be used within ENS at no additional cost. This development is poised to enhance user experience by allowing the use of familiar domain names in place of complex Ethereum addresses across various web3 applications. The integration represents a significant convergence between traditional internet infrastructure and the burgeoning web3 space, marking an important step in ENS’s mission to foster widespread adoption of decentralized web technologies. Read more at ENS’ Blog. — 02.05.24
“Welcome to the New Internet”: ENS Updates its Landing Page
Sadaf.eth, the Director of Marketing at ENS, announced that the organization has updated its main landing page. This update includes a banner explaining their partnership with GoDaddy to newcomers to web3, highlights the power of offchain names, and features an updated integrations page with new apps like Farcaster. Be sure to visit the landing page to explore these and other updates. —02.05.24
Nick.eth Explains GoDaddy Partnership on CNBC
Nick Johnson sat down with Talia Kaplan of CNBC Business News to discuss ENS’ latest partnership with GoDaddy and how it can help remove barriers to web3 mainstream adoption. Watch the full discussion here. — 02.06.24
ENS contemplates its Layer 2 Strategy
ENS is actively exploring the development of its protocol on Ethereum Layer 2 networks, according to ENS executive director Khori Whittaker (@khori.eth). They are considering whether to integrate with an existing Ethereum Layer 2 network or to launch their own in-house Layer 2, termed “the identity layer.” The focus is largely on developing on Optimism, and future development may incorporate zero-knowledge proofs for user information protection. For more details, read the full article on Cointelegraph. — 02.07.24
ENS x GoDaddy Music Video
ENS has launched a promotional campaign in collaboration with GoDaddy, featuring a unique music video to mark the partnership. They encouraged users to partake in this celebration by minting the official ENS x GoDaddy music video, which is available as an open edition NFT on Zora, a platform for buying, selling, and trading digital goods. The announcement highlights the opportunity for fans and supporters to collect this special edition NFT at no cost, an effort to possibly drive engagement and adoption within the communities of both ENS and GoDaddy. — 02.12.24
ENS and IRC Unite for Humanitarian Aid in Gaza Through Blockchain Donations
ENS has announced a noteworthy initiative in support of the International Rescue Committee’s (IRC) humanitarian efforts in Gaza. This partnership signifies a pivotal use of blockchain technology for philanthropic purposes. ENS is leveraging its platform to facilitate donations by directing supporters to contribute through irc.eth, a dedicated digital identity for the IRC on the blockchain. This initiative enables the crypto community to directly participate in humanitarian aid, accepting a variety of cryptocurrencies for donations. By engaging with the global reach and efficiency of Web3, ENS and IRC aim to enhance the impact of relief efforts and showcase the potential for digital assets to contribute to global social causes. — 02.12.24
ENS Media Alerts
Patch Wallet: Simplifying Crypto Transactions with ‘Zero Onboarding’ Integration
Patch Wallet simplifies crypto transactions by integrating wallet addresses with social media handles and identifiers using ENS. It’s a “zero onboarding” wallet, requiring no setup for users with email, phone, GitHub, Twitter, or Farcaster accounts. By linking wallets to familiar user IDs, it streamlines the user experience, enabling transactions through familiar identifiers. For example, a Twitter handle followed by “.twitter.usr.id” can serve as a proxy for a blockchain wallet address, potentially lowering barriers for new users. — 01.30.24
Uniswap Integrates ENS Names for Simplified Token Transfers
Uniswap has introduced a new feature that allows users to send tokens directly from the Uniswap interface using ENS names. This enhancement, integrated into the Uniswap interface, simplifies the process of transferring tokens by enabling the use of human-readable addresses instead of traditional hexadecimal wallet addresses. — 02.02.24
3DNS Announces ENS Forward Resolution Support for .box Domains
3DNS announced that .box domains now support ENS forward resolution. Users with .box domains can go to my.box/domains and add ENS forward resolution by clicking the specified button and signing the transaction. Following this, their ENS profile will be viewable at app.ens.domains. — 02.03.24
Tutorials on Heavens.Tools Integration with .eth and Tokenized Domains
Dylan Meador, a top caster in the ENS community on Farcaster, is actively creating educational video content about Heavens.Tools. These tools facilitate website building on .eth and tokenized .com domains, integrating seamlessly with existing GoDaddy sites. He’s also investigating adding crypto records through web3 registrars like 3DNS and Namefi, and utilizing GoDaddy’s latest Ethereum address feature. The aim is to enhance accessibility and functionality of web services in the blockchain domain, simplifying user management and deployment of crypto features on their sites. — 02.05.24
Jefflau.eth on Embracing ENS Integration with Traditional Web Domain
Jefflau.eth reflects on the integration of gasless DNSSEC with GoDaddy as a step towards mainstream adoption of ENS. He underscores ENS’s commitment to permissionless integration and views the protocol as foundational to internet infrastructure. Jefflau.eth draws an analogy to the creation of new currencies and the necessity of bridging web3 with traditional systems. He believes that ENS’s compatibility with DNS enhances its utility and positions it as a potential norm for web2 domain records storage, likening it to the widespread adoption of SSL and HTTPS. The integration represents more than a niche use case, potentially extending to email, gamer IDs, and identity solutions, indicating a broader scope of application for ENS. — 02.06.24
1W3.io Unveils MyWallet.is for Gasless ENS Name Registration
1W3 founder, @Hidayath.eth annoounced the launch of MyWallet.is, which allows users to register ENS names for their Ethereum wallets without incurring any gas fees. MyWallet.is leverages
Gasless DNSSEC, a security protocol for internet domain names, to facilitate this cost-effective process. Additionally, the platform promises easy management of ENS names, including updates and deletions, and is designed to be open-source, allowing anyone to contribute or modify the service. — 02.06.24
GeoCities: Pioneering Decentralized Web Search
GeoCities offers a specialized search engine for decentralized websites, often known as dWebsites. These sites typically utilize ENS names, and they are resolved through the eth.limo gateway, a popular choice in the ENS community. In collaboration with eth.limo, GeoCities has dedicated efforts to create a seamless search experience. This initiative aims at enhancing the exploration of the decentralized web, thereby complementing and expanding the usability of ENS domains. — 02.06.24
Utopia Labs Launches offramps.eth for Simplified Crypto to Cash Transfers
Utopia Labs introduced a new service called offramps.eth, a service streamlining USDC to USD conversion and bank transfers. Users send USDC to the offramps.eth ENS address to initiate transactions. It offers a convenient alternative to costly off-ramp widgets (up to 5% fees) or slower processes through centralized exchanges. With just two clicks, offramps.eth promises a more efficient experience, charging a flat fee of 1.5% and delivering funds in 1-3 days. Compatible with Ethereum, Optimism, and Arbitrum networks. — 02.06.24
Community Leaders Speaking at ETH Denver
Several leaders from the ENS Ecosystem are poised to present at this year’s Ethereum Denver conference. Those scheduled to speak include the Developer Relations at ENS Labs, @lucemans; @griff of Giveth, whose project,
Unicorn.eth is a recipient of the Service Provider Stream; and @alextnetto.eth of Blockful, who is also a recipient of the Service Provider Stream. For a full list of speakers, follow ETHDenver’s list on X. — 02.08.24
Converse: Next Gen Messaging with XMTP and ENS
Converse, a pioneering web3 messaging app, integrates XMTP and ENS for decentralized communication. Users can now create and manage free usernames through ENS, enhancing both user-friendliness and security. The app prioritizes privacy by requiring consent for messaging, unlike traditional platforms. It also supports USDC payments via Base and Circle integration and enables SMS logins through Privy.io. Available on iOS, Android, Web, and Mac, Converse ensures broad accessibility as a versatile blockchain messaging tool. — 02.08.24
Fleek Partners with 3DNS and ENS to Enhance Onchain Domain Management
Fleek, a web development platform known for its integration with decentralized web technologies, has announced a collaboration with 3DNS and ENS. With 3DNS, an onchain domain registry that supports a variety of top-level domains (TLDs) such as .com, .io, .box, and .xyz, users will be able to import existing domains or register new ones, streamlining their presence on the decentralized web. — 02.09.24
ENS Frames Brings ENS Domain Visibility on Farcaster
ENS Frames launched a new service aimed at supercharging the visibility of ENS domains on Farcaster. With the deployment of ensframe.com, as announced by aaalex.eth, users now have a dynamic tool to cast single ENS names, with a link to the marketplace listing. The service enhances user interaction with domain names, bringing a more robust ENS experience to the Farcaster community. — 02.12.24
Working Group Bulletin
Term 5 Lead Working Group Stewards + Secretary Appointment
The responsibilities of the Lead Stewards & Secretary are set out in Rule 9.8 and Rule 9.9 of the Working Group Rules.
ENS DAO Working Group Schedule (2024):
Meta-Governance @ 2PM UTC Tuesday — Google Meet
Public Goods @ 5pm UTC Thursday — Google Meet
Ecosystem @ 6pm UTC Thursday — Google Meet
The Meta-Governance Working Group provides governance oversight and support for working group operations through DAO tooling and governance initiatives.
Tuesdays · 2:00 – 2:45pm UTC
Term 5 Meta-Governance Stewards:
2024 1H Budget: Meta-Governance Working Group
The Meta-Governance Working Group’s budget for Term 5 Q1/Q2 2024 is organized into several categories. These include:
Working Group Steward Compensation (294,000 USDC): Funds allocated for compensating the stewards and secretary of the Working Group.
Governance Reimbursements (5 ETH): Allocated for fee reimbursements and initiatives aimed at reducing friction in the governance process.
Tooling (130,000 USDC): For developing interfaces and dashboards to enhance the governance process.
DAO Sponsorship (5000 USDC): Funds for sponsoring DAO-specific events.
Discretionary (30,000 USDC, 5 ETH): Funds distributed at the discretion of stewards for new initiatives and governance experiments.
Contract Audits (90,000 USDC): For smart contract reviews and security audits.
DAO Bylaws Initiative (25,000 USDC): A one-time expense for creating a comprehensive set of DAO Bylaws.
Endowment Management Fees (132 ETH): Fees paid for treasury management services.
The budget also includes a distribution plan for $ENS governance tokens to contributors and developers, and elected stewards through vesting contracts. For more detailed information, please refer to the original post on the ENS DAO Governance Forum here.
Balance information can be found at enswallets.xyz
Hedgey: Token Vesting and Delegation Tools
Hedgey, a token infrastructure software for onchain teams, showcased their innovative software focused on Token Vesting Contracts and Delegation. The demo, led by Lindsey Winder, provided insights into the platform’s capability to front-load governance, allowing the release of tokens over a scheduled timeline while still enabling future token holders to participate actively in governance. The demonstration outlined the user-friendly interface, which guides users through selecting a token, choosing a network, setting revocable status, and establishing vesting timelines. Additionally, Hedgey highlighted a feature that allows recipients of tokens the option to delegate their voting rights to another wallet address. More information about Hedgey’s offerings and their platform can be found on their website. — 02.06.24
Update: DAO Bylaws
The Meta-Governance Working Group has chosen Lemma Solutions, to collaborate on drafting the ENS DAO Bylaws. The timeline involves conducting a gap analysis, crafting the initial draft for feedback, refining it based on community input, and then sharing the revised version for further feedback. The Bylaws will undergo review and comment ahead of a social vote for adoption, with the first round of social feedback expected to be ready for review in a few weeks. The Working Group appreciates all the bids submitted and encourages ongoing participation in ENS DAO’s Working Group initiatives. — 02.06.24
Update: Service Provider Streams
ENS DAO has selected Superfluid for streaming $5.4 million to the 9 selected Service Providers over a span of 1.5 years. Superfluid’s role will involve leveraging their streaming financial technology to ensure a smooth and continuous allocation of funds. View the dashboard here. — 02.09.24
Financial Report: January 2024
Endowment Report: January 2024
The January Endowment report is now available on Karpatkey’s Website. This report provides a detailed overview of the endowment’s finances and allocations.
Total funds in the endowment: $71,162,466
Capital utilization: 100%
Monthly DeFi results: $226,077
Annual Percentage Yield (APY): 3.93%
The Ecosystem Working Group strengthens the ENS Protocol by facilitating developer relations, identifying and funding high-potential projects that enhance ENS, and bolstering support for ENS-aligned initiatives overall.
Thursdays · 5:00 – 6:00pm UTC
Term 5 Ecosystem Stewards:
a. Gasless DNSSEC and GoDaddy Partnership:
Gasless DNSSEC is now live, allowing DNS owners to connect with ENS for free.
b. Protocol and Product Developments:
Deployment of a manager app to the testnet (Holesky) in preparation for the next Ethereum upgrade (Dencun).
ENS Cards will be available at EthDenver
c. Announcements and Collaborations:
Announcement of Gasless DNSSEC on Mainnet with details on the ENS Blog.
Collaboration with popular apps in the ecosystem to ensure support and resolve issues.
X Space with the President of Domains at GoDaddy explained why ENS is beneficial, as seen on Twitter.
2024 H1 Ecosystem Working Group Budget
The Ecosystem Working Group’s budget for Term 5 Q1/Q2 2024 is organized into several categories. These include:
Hackathons (330,000 USDC): This category involves allocating funds for participating in hackathons globally. These events provide valuable opportunities for developers to collaborate, innovate, and build solutions within the ENS ecosystem.
Bug Bounty Program (275,000 USDC): Funds are allocated for bug bounties, which incentivize security researchers to identify and report vulnerabilities within ENS projects. Transitioning to platforms like Immunefi, this program enhances the overall security posture of the ecosystem.
Grants (150,000 USDC, 30 ETH): The grants category supports projects and individuals contributing to the ENS ecosystem. Grants are typically awarded retroactively based on demonstrated contributions, fostering innovation and development within the community.
Audit Support (100,000 USDC): Funds in this category are dedicated to conducting audits aimed at improving the security and functionality of open-source ENS projects. These audits primarily focus on protocol-level enhancements, ensuring the reliability and robustness of the ecosystem.
Other (100,000 USDC): This catch-all category encompasses various expenses such as in-real-life events, moderator support, and archival content like newsletters. It serves to address miscellaneous needs and support functions essential for the smooth operation of the Ecosystem Working Group.
Leveraging existing multisig balances, the group has foregone the need for additional funding requests from the DAO. For more detailed information, please refer to the original post on the ENS DAO Governance Forum here.
Balance information can be found at enswallets.xyz
NameFi’s Vision for Modernizing Web3 Domain Management
Victor Zhou from NameFi presented their platform’s mission to bring all names onchain by tokenizing general DNS names into NFTs. Describing itself as the “GoDaddy for Web3 with a better database,” NameFi aims to streamline the process of transferring DNS ownership and modernize related protocols. As an active ecosystem contributor to ENS, NameFi collaborates with entities like 3dns.box to foster holistic growth. Zhou emphasized the complexities of DNS operations and the need for modernization, highlighting NameFi’s role in simplifying these processes. — 02.01.24
NameSys Unveils Enhanced Off-Chain Infrastructure and Dynamic Avatars for ENS
@NameSys introduced offchain infrastructure for ENS and Ethereum, addressing UI complexity concerns by simplifying their lite client. The lite client now offers easy, one-time secure record storage on Web2 servers. They maintain their pro client at app.namesys. Additionally, they launched IPNS.eth, a free, open-source IPNS pinning service for secure publishing on IPFS. NameSys also unveiled Dynamic Avatars enabled by offchain resolvers, allowing avatar changes without manual updates or transactions. This feature is set to launch within a week, showcasing the benefits of offchain records for ENS. They underscored the need for standardized offchain record support across ENS clients and are drafting standards with their proposed [Draft] EIP-X: OffChain Data Write Protocol. — 02.08.24
Mailchain Introduces Seamless Video Call Invitations and Verification in ENS Ecosystem
@verycozy.eth from Mailchain showcased their latest feature, introducing ENS enabled video calls. Leveraging .eth names registered on Mailchain, users are automatically verified upon joining. This integration streamlines the process of initiating video calls and enhances user verification seamlessly within the Mailchain ecosystem. — 02.08.24
The Public Goods Working Group supports the greater Ethereum ecosystem by identfying and funding open-source development.
Thursdays · 6:00 - 6:45pm UTC
Term 5 Public Goods Stewards:
2024 H1 Public Goods Working Group Budget
The Public Goods Working Group’s budget for Term 5 Q1/Q2 2024 is organized into several categories. These include:
Large Grants (187,500 USDC): Aimed at funding projects with significant impact.
Small Grants (60 ETH): These are community-voted micro-grants.
Bounties (40,000 USDC): Funds allocated for specific tasks or challenges.
Events and Hackathons (75,000 USDC): Support for participation in industry events.
Discretionary Funds (30,000 USDC): Reserved for unforeseen expenses and opportunities.
Each category is designed to address different aspects of the Public Goods Working Group’s objectives and operations. For a detailed breakdown, you can view the full document here.
Balance information can be found at enswallets.xyz
Clave’s Solution: Re-Imagining Wallet UX
@letfrz has published a review of Clave, a Large Grants recepient, as part of the Large Grants highlights. The article details their innovative approach to enhancing wallet user experience in the Web3 space. Clave’s solution focuses on seamless user experiences, improved security, and the integration of advanced technologies like Apple’s Secure Enclave system. This approach aims to bridge the gap between the simplicity of Web2 user experiences and the evolving nature of Web3, marking a significant step in the wider adoption and usability of blockchain technologies. For more detailed information, you can read the full article on ENS DAO Journal. — 01.31.24
Gashawk Milestones Presentation
Daniel Pfeffer presented milestones for GasHawk, detailing progress and future plans. GasHawk aims to optimize blockchain operation costs by submitting signed transactions during low gas fee periods set by users. Their first milestone, a browser extension nearing completion, targets full release by mid-to-late February pending browser store approvals. The second milestone involves developing webhooks for integration with high transaction volume services, accessible via API. Pfeffer confirmed ongoing development and improvements, promising updates in the coming months — 02.01.24
Update: Retroactive Public Goods Funding Cohort
In the latest update from the Retroactive Public Goods Funding (RPGF) cohort, it was announced that @estmcmxci has been accepted into a training program focused on retroactive public goods funding. This program, conducted by Gitcoin, is designed to enhance understanding and implementation of public goods funding. Following the completion of the training, estmcmxci.eth is expected to report the learnings back to the working group. Further details of the cohort program can be found here. — 02.01.24
ETHLatam Discusses Upcoming Event
ETHLatam delivered a presentation outlining their upcoming event in San Pedro Sula, Honduras, at the Copantl Convention Center slated for 13-14 March 2024. The event, primarily conducted in Spanish with live English translations available, aims to integrate and empower the Latin American community that has often felt overlooked by similar events. ETHLatam emphasized the significance of Honduras as a location due to its attractive $40 billion USD cryptocurrency market. The presentation highlighted that a hackathon is scheduled to begin online prior to the event and will culminate there. — 02.08.24
SiHer Discusses Summit
Kara Howard delivered a presentation on the SiHer Summit, a one-day virtual event scheduled for February 22nd, 2024, from 9 am to 9 pm CST. The summit is designed to spotlight web3 organizations, communities, and the varied voices spearheading the transition into the decentralized web. Also mentioned was MirnaMaria, known as ArtsyBolivian, a key member of the Si3 team. — 02.08.24
Charmverse: Solution for Grant Applications
Alex Poon introduces Charmverse.io, a dynamic grant application platform with adaptable evaluation workflows, customizable templates, EVM-compatible milestone tracking, and detailed role-based control. It integrates with SnapShot for voting and allows sharing on social media. Charmverse.iooffers public or private commenting, confidential field visibility, auto-generated user profiles linked to wallet addresses, and a credentialing system via EAS and Ceramic. It features a notification system for state changes and a pricing model based on input fields, with the first 30,000 blocks free. Noted for improving grant proposal visibility. — 02.08.24
ENS DAO offers several resources for understanding and participating in its ecosystem.
ENS DAO Basics: Details the ENS DAO, including voting and governance.
Support Docs: Provides guidance on registration, renewals, and development aspects.
Governance Docs: Offers additional insights into governance structure.
ENS Agora: Governance hub for proposal review and voting.
Give Feedback: Feedback platform where users share input to improve ENS.
ENS Repository: The ENS Protocol’s main Github Repository.
Thank you very much for reading! Goodbye. 👋🏻