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“# ENS’ director of operations says that DAO-based governance ‘has always been the plan’ ” On Monday, distributed domain protocol Ethereum Name Service, or ENS, launched its own governance token in an effort to distribute voting rights for its new decentralized autonomous organization, or DAO, to active users of the ecosystem. Cointelegraph spoke with Brantly…
“# Ethereum Name Service’s new token already has a fully-diluted cap of $3.1T ” The official announcement on Mirror from ENS states that $ENS will be used to vote on a proposed constitution and govern protocol parameters. The first issues holders can vote on in the new ENS DAO are the price oracle, and how…
“# OpenSea bug appears to have destroyed nearly $100K in NFTs ” Reports have emerged that a bug on OpenSea’s marketplace has deleted user-owned NFTs worth 28.44 Ethereum (ETH), nearly $100,000 at the time of writing. The information was revealed online by Nick Johnson, lead developer of Ethereum Name Service, or ENS, who reportedly lost…