TechFlow — ENS DAO has announced that the proposal to "provide direct financial support to ecosystem development teams" has been approved, with a support rate of 64.89%. Going forward, ENS DAO will provide annual funding of $3.6 million in USDC to support development teams within the ENS ecosystem.
According to the proposal, ENS DAO will deposit funds into designated service provider liquidity pools to support those working on enhancing the ENS ecosystem. Development teams can later apply for funding by submitting proposals. ENS DAO will release detailed guidelines on how to submit such proposals.
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