ENS founder Nick Johnson used his large ENS holdings to vote against the Security Council's renewal, while simultaneously proposing a new plan to transfer most DAO operational and treasury control to the ENS Foundation. The Security Council originally held veto power to prevent malicious proposals from stealing treasury assets. The incident raises concerns about centralization risks in DAO governance.
The ENS DAO's on-chain vote for Security Council renewal has been effectively vetoed by founder Nick Johnson. Johnson cast a large number of his ENS tokens against the renewal and immediately submitted a new proposal on the forum, aiming to transfer most of the DAO's operational rights and treasury control to the ENS Foundation.
The ENS Security Council is designed to prevent malicious proposals, possessing a one-veto power over any treasury-threatening initiative. Johnson's move essentially seeks to weaken the council's independent authority and re-centralize treasury management. This event highlights the inherent tension between "founder privilege" and community autonomy in major DAOs, and is expected to trigger intense debate among ENS token holders in the governance forum.
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