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Ethereum Name Service to Pass Governance Over to Community, Details ENS Airdrop
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cryptonews.comEthereum Name Service (ENS), a distributed, open-source naming system based on the Ethereum (ETH) blockchain that has .ETH as its native name suffix, aims to pass governance over to its community through the launch of the ENS governance token and the creation of a decentralized autonomous organization (DAO).
The team behind the protocol insisted that ENS has always been an "open public utility that belongs to the community," noting that the project has matured enough to pass the responsibility of governing to the community.
"Specifically, we wish to have the ENS root multisig pass over control of the existing ENS treasury, its future funds, and control of the .ETH registrar contract that is in charge of the pricing and registration mechanism
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