Delegates to the ENS DAO escalated opposition to a governance proposal that would hand the ENS Foundation broad control over the protocol's treasury Monday, with one Security Council member calling it a governance attack and ENS Labs founder Nick Johnson having already self-delegated enough tokens to pass the measure over their objections.
The temp check, published Thursday by katherine.eth, Katherine Wu, COO of ENS Labs, would shift management of the DAO's operational wallet, its ENS token holdings, and the Endowment managed by Karpatkey to a five-seat Foundation board. As The Defiant reported Friday, the proposal retains on-chain tokenholder authority over protocol upgrades, pricing, and root-key control, but hands day-to-day treasury operations and grants to the expanded Foundation.
The opposition hardened after Johnson stated on June 22 that he intended to delegate his personal ENS holdings to vote on the proposal. Delegate Lefteris Karapetsas, founder of Rotki and an active ENS delegate, wrote in the governance forum that Johnson had "delegated ~50% of the voting supply to himself, essentially becoming the DAO." Karapetsas wrote: "In the end Nick has all the voting power right now so there is no DAO anymore."
