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ENS DAO plans to establish a full-time operating foundation and allocate 1 million ENS for employee salaries

2026-07-31 01:15

Odaily Planet Daily News: ENS DAO has released a new proposal on platform X, aiming to establish a full-time operational foundation and set up a five-member board responsible for managing the endowment fund.

According to the proposal, ENS DAO plans to allocate 1 million ENS for employee salaries of the foundation. Token holders will still retain control over the protocol, including the ENS held by the DAO, operational wallets, and the authority to appoint and dismiss foundation directors.