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The goals and intentions of the ENS DAO are set out in the ENS DAO Constitution
$ENS tokenholders who claimed the airdrop were able to vote on the ratification of the ENS DAO Constitution.
The Constitution was ratified in November 2021, by a social vote of $ENS tokenholders with 97% approval of those who voted.
A total of 84,350 wallets voted with 15m votes participating.
A free digital copy of the ENS DAO Constitution can be downloaded from constitution.ens.domains. Physical hardcopies of the ENS DAO Constitution are also available to order.
Delegates are expected to understand and be familiar with the ENS DAO Constitution and vote on proposals in a way that is consistent with each article of the Constitution.
The Constitution contains five articles β each article is listed below. As per Article 5, the Constitution may be amended with a two-thirds majority and at least 1% of all tokens participating (currently 1m $ENS).
Articles of the ENS DAO Constitution
Article 1 β Name ownership shall not be infringed Article 2 β Fees are primarily an incentive mechanism Article 3 β Income funds ENS and other public goods Article 4 β ENS integrates with the global namespace Article 5 β Amendments to this Constitution by majority vote
Article 1 β Name ownership shall not be infringed
ENS governance will not enact any change that infringes on the rights of ENS users to retain names they own, or unfairly discriminate against name ownersβ ability to extend, transfer, or otherwise use their names.
Examples
Article 2 β Fees are primarily an incentive mechanism
The primary purpose of registration fees is as an incentive mechanism to prevent the namespace becoming overwhelmed with speculatively registered names. A secondary purpose is to provide enough revenue to the DAO to fund ongoing development and improvement of ENS. ENS governance will not enact any fee other than for these purposes.
Examples
Article 3 β Income funds ENS and other public goods
Any income generated to the ENS treasury is to be used first of all to ensure the long-term viability of ENS, and to fund continuing development and improvement of the ENS system. Funds that are not reasonably required to achieve this goal may be used to fund other public goods within web3 as ENS governance sees fit.
ENS governance will not allocate funds to a team or individual who does not commit to uphold the same principles outlined in this constitution in their use of the allocated funds.
Examples
Article 4 β ENS integrates with the global namespace
In order to facilitate making the most widely usable naming system, ENS aims to integrate with the legacy DNS naming system to the greatest extent possible without sacrificing decentralization of ENS. ENS governance will not enact changes that compromise ENSβs ability to do this.
Examples
Article 5 β Amendments to this constitution by majority vote
Any change may be made to this constitution only by two-thirds majority and at least 1% of all tokens participating.
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- ENS DAO Constitution
- Articles of the ENS DAO Constitution
- Article 1 β Name ownership shall not be infringed
- Article 2 β Fees are primarily an incentive mechanism
- Article 3 β Income funds ENS and other public goods
- Article 4 β ENS integrates with the global namespace
- Article 5 β Amendments to this constitution by majority vote