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ENS DAO Delegates Oppose Proposal to Shift Wallet and Endowment Control to Foundation Board

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2026-06-23 20:06:49
ENS DAO delegates opposed a proposal that would move the DAO’s operational wallet, ENS token holdings, and Endowment management to a five-seat Foundation board.

According to NS3.AI, delegate Lefteris Karapetsas said Nick Johnson delegated about 50% of the voting supply to himself.

Separately, Security Council member Brantly Millegan said he would prepare a veto transaction that would require three additional co-signers.
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