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ENS DAO Governance Crisis: Founder Unilaterally Blocks Security Council Renewal, Community Calls for Dissolution of DAO
Deep Tide TechFlow news, July 2, according to The Defiant, ENS DAO is facing a severe governance crisis. ENS co-founder Nick Johnson holds approximately 3.26 million ENS tokens, accounting for nearly 50% of all current delegated voting power. On June 30, he voted against the on-chain binding vote for the renewal of the Security Committee, causing the proposal to fail with 82% opposition votes. The Security Committee's authorization will expire on July 24. Previously, Johnson also self-delegated a large amount of voting power to support a proposal to transfer the DAO's operational wallet, ENS token holdings, and the endowment fund managed by Karpatkey to the five-member board of the ENS Foundation, sparking strong community doubts about "governance capture."
Rotki founder Lefteris Karapetsas bluntly stated "the DAO is dead," and Security Committee member Brantly Millegan characterized the proposal as "financial capture by ENS Labs." In response, Christoph Jentzsch, the original author of "The DAO," publicly proposed directly dissolving ENS DAO, suggesting destroying the ENSv2 universal router key and distributing the remaining funds to formally transition the protocol into public infrastructure. Currently, the on-chain vote for the Security Committee will close on July 5, and ENS Labs COO Katherine Wu has released a draft for a successor committee, with the nomination window closing on July 3.