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Greg
@greg
AMA about ENS (protocol, DAO, or Labs)
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Dinesh Raju
@dinesh.eth
The ENS constitution has an article about funding public goods As the treasury inevitably gets bigger with ENS adoption, do you think there's a risk of funding capture along the lines of the EIP-1890 & EIP-2025 discussions in 2019? (FWIW I don't think there's a risk this happens in the near term)
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Greg
@greg
Interesting question. I guess it depends how you look at it. Like today ENS Labs has a stream from ENS DAO (it's primary source of funding) to continue building the protocol (a public good itself) and contributing to the ecosystem - is that value capture or just a healthy relationship? I think the latter
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Greg
@greg
There's also a public goods working group which has gotten funded to the tune of hundreds of thousands of dollars to distribute to public goods projects (related to ENS or not) I think that's cool/healthy vs value capture but curious to hear your take
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Dinesh Raju
@dinesh.eth
Oh I don't think there's a risk of capture for ENS-specific public good funding (ENS Labs, etc). Founding team & ethos is strong enough to ensure that until ENS the protocol is ossified & such funding is no longer needed. Qn is more about non-ENS public goods funding. Not an issue today when treasury is still small.
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Dinesh Raju
@dinesh.eth
IMO danger is when treasury gets much bigger & more political as ENS goes mainstream & founding influence wanes. Feels like risk of capture at that point if consensus isn't established earlier when treasury is small Planning a longer post about this to structure my thoughts. Will send that over to see what you think
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