Q4 Working Group Spending Summary:

This report provides a "cash basis" fiscal review of the Working Groups for the fourth quarter of 2024.

🔗 https://discuss.ens.domains/t/term-5-working-group-spending-summary-2024-q4/20170

Cumulative Working Group Spend:

Combined spending totaled ~$888k in USD equivalents, with specific conversion rates applied at the time of transactions.

Ecosystem:

Spending totaled $294,091 USDC and 45 ETH, covering grants, audit subsidies, events like frENSDay and Devcon, services such as Discord moderation and social media management, and sponsorships for hackathons and a web3 documentary.

🔗 https://discuss.ens.domains/t/term-5-working-group-spending-summary-2024-q4/20170#p-56008-ecosystem-4

Meta-Governance:

Spending totaled $250,190 USDC, covering costs for compensation, DAO tooling like ENS Ledger and Karma plugin, IRL events at frENSDay and Devcon, and contract audits by Code4rena for Unruggable Gateways.

🔗 https://discuss.ens.domains/t/term-5-working-group-spending-summary-2024-q4/20170#p-56008-meta-governance-11

Public Goods:

Spending totaled $170,500 USDC on public goods grants for milestone completions via Questbook, IRL event costs at frENSDay and Devcon, and DAO tooling for managing the large grants program.

🔗 https://discuss.ens.domains/t/term-5-working-group-spending-summary-2024-q4/20170#p-56008-public-goods-17

Governance Distribution:

4,576 ENS tokens were distributed: 4,000 for Term 5 Ecosystem grants and 576 via Hedgey Vesting in the Governance Distribution Pilot.

For a live view of ENS Working Group wallet balances, visit enswallets.xyz.


Cumulative Working Group Spend:

Combined spending totaled ~$888k in USD equivalents, with specific conversion rates applied at the time of transactions.
