# ENS DAO

* ENS is a naming protocol. ENS names are names are registered on the Ethereum blockchain.
* .eth names are ENS names that are native to Ethereum.
* any DNS TLD (like .com, .org, .xyz) that is DNSSEC compliant can be imported into ENS and enjoy the majority of features and benefits of a .eth name.
* The ENS DAO is a decentralized autonomous organization, a mechanism that allows $ENS tokenholders to govern the ENS protocol, and associated treasury, by voting on proposals that are executed by smart contracts.

## Tokenholders
The $ENS token was launched a year ago, on November 8 2021. $ENS is a governance token. There is no utility for the token other than voting power. The distribution of the $ENS token was intended to distribute governance power of the ENS DAO across contributors and community members.

#### Airdrop
A total of 137,689 accounts were eligible for the $ENS airdrop, which amounted to 25% of the total supply of $ENS.

Of the 25m $ENS that could be claimed in the airdrop, a total of 19,631,825 was claimed in the six month period which closed on May 4th 2022.


Each $ENS token represents 1 vote. The voting power within each $ENS token is not automatically delegated. Instead, tokenholders must actively delegate their voting power to activate it.

## Delegates
ENS uses a Delegate system, encouraging tokenholders to delegate their voting power to community representatives who have the capacity and expertise to vote on their behalf.

Tokenholders can delegate their voting power to either themselves, anyone with a .eth name, or a Delegate that has [public expressed](https://discuss.ens.domains/t/ens-dao-delegate-applications/815) their intention on the ENS Governance Forum.

Delegation can be carried out on [delegate.ens.domains](https://delegate.ens.domains).


## Proposals
There are two main proposal types for the ENS DAO; executable proposals and social proposals.
#### Executable Proposals
This is a proposal for a series of smart contract operations to be executed by accounts the DAO controls. These can include transfers of tokens as well as arbitrary smart contract calls. Examples of this include allocating funding to a workstream multisig wallet, or upgrading an ENS core contract.

Executable proposals have a quorum requirement of 1% and require a minimum approval of 50% to pass.

Executable proposals are carried out on [Tally](https://www.tally.xyz/governance/eip155:1:0x323A76393544d5ecca80cd6ef2A560C6a395b7E3).


#### Social Proposals
This is a proposal that asks for the agreement of the DAO on something that cannot be enforced onchain. Examples of this include a proposal to change the royalty percentage for the ENS secondary market on OpenSea, or a petition to the root keyholders.

Social proposals have a quorum requirement of 1% and require a minimum approval of 50% to pass.

Social proposals are carried out on [Snapshot](https://snapshot.org/#/ens.eth?state=all).


## ENS DAO Consitution
The ENS DAO Constitution was ratified on November 15th, 2022. A total of 84,350 accounts signed the Constitution.

There are five articles in the Constitution. The Constitution was drafted by ENS Labs, the team that founded ENS and launched the ENS DAO.

The intention of the Constitution is to aligned $ENS tokenholders in pursuit of the mission of ENS. In practical terms, every proposal that is put to the DAO can be supported or denied on the basis that is either aligned with the Constitution, or not.