ENS Community Makes DAO's Fund Management Decision - Coinleaks
Current Date:September 21, 2024

ENS Community Makes DAO’s Fund Management Decision

Ethereum Name Service ( ENS), the project decentralizeddonation funds according to the voting result of the management side to Karpatkeywill entrust.

Decentralizeddomain name service ENS, Web3 continues its efforts at full speed. popular project, Ethereum received great attention in its domain name service. The project also came to the fore by leaving its management completely to its community. The platform, which turns hard-to-read data for wallet addresses and hashes into easily readable addresses, has gone to a new vote with its community. In voting, DAO management of donations. The community has chosen Karpatkey with a large percentage in this regard.

ENS DAO to Trust Karpatkey with $52 Million Fund

Treasury management platform Karpatkey, Ethereum Name Service ( ENS) 52 million of the DAOwill manage the endowment funds.

DAOvoting carried out by 18-23 November took place between in voting Karpatkey’snot including, avant-gardeand llama also took place. The community was also presented with the none option. Voting was carried out by the graduated method. Karpatkey’sfirst in results, noneoption ranked second.

Cryptocurrency exchange coinbaseand Ethereum wallet platform rainbow , they chose the none option. defending his choice coinbase, ENS DAOHe stated that the risk and reward do not seem reasonable.

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