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TechFlow news: A governance proposal put forward by the Ethereum Name Service (ENS) DAO suggests liquidating 10,000 ETH to cover operating expenses for the next two years. The draft proposal was submitted on January 18 and is currently under discussion within the ENS community. The DAO’s treasury currently holds 40,746 ETH and 2.46 million USDC. Selling 10,000 ETH through a Gnosis auction would generate at least $13 million in USDC stablecoins.
Read moreA governance proposal put forward by members of the Ethereum Name Service (ENS) DAO suggests liquidating 10,000 ETH to cover operating expenses for the next two years. The draft proposal was submitted on January 18 and is currently under discussion within the ENS community. The DAO's treasury currently holds 40,746 ETH and 2.46 million USDC. Selling 10,000 ETH through a Gnosis auction would generate at least $13 million in USDC stablecoins.
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