ENS DAO Launch ENSv2 voting on the proposal to activate the Ethereum mainnet
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AT A GLANCE
ENS DAO Launch ENSv2 mainnet activation voting, with support currently at approximately 100%, but quorum has not yet been reached.
Article
ENS DAO Launch ENSv2 on-chain voting on the proposal to activate the mainnet
BlockBeats reports,October 19, according to Snapshot data,ENS DAO has launched on-chain voting on a proposal to activate ENSv2 on the Ethereum mainnet. Voting will end on October 25 13: 32.
As of publication, 6 wallets have cast 531,252 ENS, with approximately 100%voting in favor, but quorum has not yet been reached. The proposal includes 15 actions, all of which will be executed at once by an execution contract controlled by DAO. If any action fails, none will take effect. The previously approved pricing plan will take effect upon execution of the proposal and will also apply to renewals of unmigrated domain names. Some voters opposed raising the annual fee for domain names with 5 or more characters from 5 USD to 8 USD.
Original link https://m.theblockbeats.info/flash/372581
Key points
01
According to Snapshot data,ENS DAO has launched voting on a proposal to activate ENSv2 on the Ethereum mainnet.
02
Voting will end on October 25 13: 32.
03
As of publication, 6 wallets have cast a total of 531,252 ENS, with approximately 100%voting in favor, but quorum has not yet been reached.
04
The proposal includes 15 actions, which will be executed at once by an execution contract controlled by DAO; if any action fails, none of the actions will take effect.
05
The previously approved pricing plan will take effect upon execution of the proposal and will also apply to renewals of unmigrated domain names.
06
Some voters oppose raising the annual fee for domain names with 5 or more characters from 5 USD to 8 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This is an ongoing governance vote intended to activate ENSv2 on the Ethereum mainnet. Nearly all current votes are in favor, but participation has not yet reached the minimum threshold required for the proposal to take effect. Even if the proposal passes, the 15 actions must all be executed successfully; otherwise, the entire batch of actions will not take effect.
Why it matters to readers
The voting result will determine whether ENSv2 can be activated on the Ethereum mainnet and whether the previously approved new pricing plan can begin to be implemented.
Beginners should distinguish between a high proportion of votes in favor and a proposal having passed: quorum has not yet been reached and voting has not ended. Domain renewal prices may be affected by the new pricing plan.
Risks and unknowns
Voting has not yet ended, and the final result is unknown.
Quorum has not yet been reached, and the proposal may fail to pass.
Even if the proposal passes, 15 failure to execute any of the actions will cause all actions not to take effect.
5 The adjustment to the annual fee for domain names with or more characters faces voter opposition.
The original text only states that the data is from Snapshot and provides no proposal ID or voting page, so it cannot be further verified based on the available evidence.
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Related concepts
DAO
Abbreviation for decentralized autonomous organization, listed in the text as an application scenario for multisignature wallets.
