ENS DAO Approves New Security Committee with Two-Year Term and Veto Power over Malicious Proposals

TechFlow reports that on July 21, according to official sources, ENS DAO has passed a proposal to formally activate its new Security Committee, which will serve a two-year term. The committee consists of 8 members and employs a 5/8 multisignature mechanism, enabling it to veto malicious proposals that meet emergency criteria and cancel transactions during the two-day timelock period between governance proposal approval and execution.

Per the guidelines, the Security Committee's authority is strictly limited. It cannot move treasury funds, submit proposals, modify approved proposals, or supersede the DAO's governance decisions, and may only cancel transactions awaiting execution in the timelock queue. ENS stated that this measure aims to reduce the risk of governance attacks, including scenarios involving borrowed voting power, concealed malicious code, or the use of stolen credentials to push harmful proposals. The committee's authority will expire after two years, unless the ENS DAO votes again to extend its term.