The Drama Unfolds
In a twist that feels straight out of a reality TV show, the Ethereum Name Service (ENS) is currently embroiled in a controversy over the future of its Director of Operations, Brantly Millegan. Recently booted from his position, Millegan’s fate now lies in the hands of the ENS decentralized autonomous organization (DAO) members, who are casting their virtual votes with as much enthusiasm as a kid at a candy store.
The Numbers Game
As of Thursday, the tally shows a significant division among the community. Over one million members, accounting for 42% of the total votes, have said, “Nah, let him stay!” That’s a hefty chunk of the pie, given approximately 2.4 million ENS DAO users are participating. Meanwhile, 28.61% are waving their flags for removal, while 29.29% are still scratching their heads in confusion, opting for the not-so-committal route of abstaining.
DAO Governance: Flawed or Just Fuzzy?
It’s not all rainbows and butterflies, though. A fair number of users are raising eyebrows about the governance model of the DAO, especially when it comes to leadership decisions. Millegan himself voted against his removal using over 363,000 tokens! Yes, you read that right – he used a small army of tokens, many of which were handed over by DAO users before the scandal erupted. Talk about taking matters into your own hands, and by hands, we mean wallets!
Who’s Who in the Nomination Zoo
If the votes tip in favor of his ousting, the ENS community will hop into a new round of nominations faster than you can say “Web3 needs a restructuring!” Some familiar names in the ring include ENS co-founder Alex Van de Sande and community members with the mystical names daylon.eth and healingvisions.eth, who have made their strong opinions clear on social media.
A Social Media Firestorm
The outrage stems from Millegan’s old tweets, which resurfaced like a bad sequel no one asked for. Back in 2016, he made remarks that many found to be offensive regarding LGBTQIA issues. After facing backlash, he stood by his words, attributing them to his Catholic beliefs. It all led to his eventual contract termination by True Names Limited on Feb. 7 due to the uproar.
Community Voices and the Future of ENS
With the vote still ongoing, ENS delegate Eleftherios Karapetsas is biding his time, stating he plans to assess community sentiment before casting his vote. In this age of online democracy, every voice counts; just make sure you’re not yelling into the void!
As ENS continues to develop since its launch in 2017—allowing users to register .eth domain names—the price of the ENS token has seen a rocky path, falling over 4% in the last day alone. With the current environment rife with uncertainty, the community is left to wonder: will letterhead governance expand the ENS, or will it create even more drama? Only time will tell!
+ There are no comments
Add yours