Q2 Working Group Spending Summary: This report provides a "cash basis" fiscal review of the Working Groups for the second quarter of 2024.

Cumulative Working Group Spend: Combined spending totaled ~$693k in USD equivalents, with specific conversion rates applied at the time of transactions.

Ecosystem: Spending totaled $370,018 USDC and 0.67 ETH, covering the ENS bug bounty, hackathons, grants such as the ENS Identity Round and Drips, .eth name sponsorship for ETHGlobal Hackers, and expenses for events like ETH Belgrade and an ENS workshop at Rio Onchain Week.

Meta-Governance: Spending totaled $153,882 USDC, covering costs for compensation, DAO tooling, and the drafting of ENS DAO Bylaws. Special initiatives included sponsoring token costs for x23.ai and AI Delegate who use AI to summarize ENS Governance discussions.

Public Goods: Spending totaled $108,500 USDC and 15.5 ETH on grant initiatives, including the Large, Small, and Perpetual Grants programs. Other initiatives included event sponsorship and support for DAO Tokyo and the Latina Blockchain Hackathon.

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