# [EP 5.24] [Executable] Term 5 Q4, Collective Working Group Funding Proposal

[EP 5.24] [Executable] Term 5 Q4, Collective Working Group Funding Proposal

Description

This proposal executes all three Working Group funding requests for the October 2024 funding window as passed in EP 5.17.1, EP 5.17.2, and EP 5.17.3 as well as EP 5.21 and EP 5.19. For more detail, view the ENS Governance docs

Proposal Components

1) Meta-governance Funding Request [EP 5.17.1]

The Meta-governance Working Group requests funding to fulfill anticipated budgetary needs through the next formal funding window in April 2025.

Destination	USDC	ETH	$ENS
ENS Meta-Gov Main Multisig	354,000	0	45,000

This amount will cover all expected expenses (including the ENS required for vesting on 5.19 and 5.21) while maintaining a 100,000 USDC prudent reserve to ensure continuity if future funding is delayed.

2) Ecosystem Funding Request [EP 5.17.2]

The ENS Ecosystem Working Group requests funding to support operations through April 2025. This is the only funding request of Term 5. The working group is responsible for growing and improving the ENS Ecosystem by funding builders and projects that are ENS-specific or ENS-centric.

Destination	USDC	ETH	$ENS
ENS Ecosystem Main Multisig	836,000	0	0

3) Public Goods Funding Request [EP 5.17.3]

The ENS Public Goods Working Group requests funding to support operations through the next funding window in April 2025. The funds requested extend current needs through to next term to ensure that next season's stewards have available funding before the next funding window.

Destination	USDC	ETH	$ENS
Public Goods Main Multisig	226,000	0	0

Specification

The following transfers are to be made from the DAO treasury:

Transfer 354,000 USDC to the Meta-governance safe:
- Address: 0x91c32893216dE3eA0a55ABb9851f581d4503d39b
Transfer 836,000 USDC to the Ecosystem safe:
- Address: 0x2686A8919Df194aA7673244549E68D42C1685d03
Transfer 226,000 USDC to the Public Goods safe:
- Address: 0xcD42b4c4D102cc22864e3A1341Bb0529c17fD87d
Transfer 45,000 ENS to the Meta-governance safe:
- Address: 0x91c32893216dE3eA0a55ABb9851f581d4503d39b

Total transfer amount: 1,416,000 USDC and 45,000 ENS

start

October 31, 2024

4:27 PM

end

November 7, 2024

1:56 AM

Voting ends in

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basic

Voters

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1,161,009

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Against

1M ENS

90%

For

135.2 ENS

0.01%

Abstain

115.9K ENS

9.98%

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0x000000000000

Mon 00, 2024 00:00

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