The ENS DAO security council renewal proposal entered on-chain voting, but founder Nick Johnson cast a veto using his substantial ENS holdings. He also proposed a new council framework on the forum, aiming to transfer most DAO operational power and treasury control to the ENS Foundation. The security council was originally designed to veto malicious proposals and protect treasury assets.
The ENS DAO security council renewal proposal entered on-chain voting, but founder Nick Johnson cast a veto using his substantial ENS holdings. He also put forward a new security council proposal on the forum, aiming to transfer most of the DAO's operational power and treasury control to the ENS Foundation. The ENS security council is designed to prevent malicious proposals from draining the treasury, with a one-veto power over proposals.
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