ENS Governance Reform Sparks Chaos After Founder Blocks Security Council Vote

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TL:DR: The founder of ENS used approximately half of the protocol’s active voting power to block an on-chain proposal to renew the Security Council. The ENS DAO treasury holds about $350 million in total assets, which drops to $88 million if native ENS tokens are excluded. The governance token is trading around $4.

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Telemac
Telemachttp://cryptoinfo.ch
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