Governance Tools used by ENS DAO
This essay is one of 7 essays for The Tech Progressive Writing Challenge. Join the build_ Discord to join the conversation.
This essay focuses on the tools used by ENS DAO for their governance efforts. I'm excited to observe how Web3 organizations govern and lead. Let's take a look at the tools they use to do it.
First off, The ENS DAO is a DAO that governs the ENS protocol.
The Ethereum Name Service (ENS) is a distributed, open, and extensible naming system based on the Ethereum blockchain. For a thread explaining a ENS use case, see @nptacek:
Let's get into the tools.
GitBook helps publish beautiful docs for users, and centralizes teams' knowledge for advanced collaboration.
ENS DAO uses GitBook to clearly communicate important links and resources.
ENS DAO uses familiar tools to share context about their protocol. They use a homepage, Twitter account, Discord Server, and email newsletter to communicate and distribute information about the DAO.
ENS DAO launched the $ENS token on November 8th, 2021. Token holders have the opportunity to:
govern protocol parameters, like pricing, the price oracle, and more
control funds from the existing community treasury, as well as receive future revenue.
The $ENS token announcements from the DAO came from Mirror.
For working group discussions on proposals, the ENS DAO uses a discourse forum. Members with a proposal idea can use the forum to get a temperature check, the first phase of a proposal.
Once feedback is received, the ENS DAO member can create a draft proposal, also in the discourse forum, and then tag a moderator to request to advance the proposal.
The ENS DAO uses Snapshot as a simple voting interface that allows users to signal sentiment off-chain. Votes on snapshot are weighted by the number of ENS delegated to the address used to vote.
Two governance portals are in use for token holders to delegate their votes, and allows delegates to create and vote on binding proposals: Sybil and Tally
Tally empowers user owned governance through real time research and analysis, governance tooling, and evergreen educational content.
Sybil is another governance portal used by ENS DAO to show delegate information.
As more tools are used, the documentation will be updated by the DAO community.
This essay highlights practices and tools that the ENS DAO (among others) use for governing their ENS protocol. We're just scratching the surface for how organizations govern and make decisions. I hope you enjoyed exploring with me.
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