Deep Tide TechFlow news: On July 07, according to The Defiant, ENS co-founder Alex Van de Sande proposed delegating 5 million idle ENS tokens from the ENS DAO community treasury to individual participants to improve the governance structure and ease the problem of excessive concentration of voting power. At present, a single delegate already holds enough voting power to reach a quorum and influence the outcome of proposals.

Earlier, ENS Labs proposed transferring the DAO’s operating wallet, ENS holdings, and endowment fund to a five-member board, which has drawn external criticism over the “centralization of treasury control.” Van de Sande emphasized that the tokens’ ownership still belongs to the DAO, and the entrusted party has no right to sell them.