ENS DAO members propose to sell 10,000 ETH to cover operational costs for the next two years
ChainCatcher message, a governance proposal put forward by members of the Ethereum Name Service (ENS) DAO suggests liquidating 10,000 ETH to cover operational costs for the next two years. The proposal draft 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 USDC stablecoins. (CoinDesk)
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