Update on the ENS Streams: dates, rules and implementation

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The Ethereum Name Service (ENS) community is debating the establishment of Service Provider Streams to support providers, focusing on eligibility, funding, and selection processes, with transparency and community involvement being crucial. The community must finalize these processes and choose the best technical streaming solution amidst concerns over implementation speed and potential risks.

What is this about?

The discussion is centered on the implementation of ENS Service Provider Streams, designed to support service providers within the Ethereum Name Service (ENS) ecosystem. The conversation includes the drafting of rules and processes, which encompass eligibility criteria, funding rules, voting procedures, and the selection process for service providers. The Meta-Governance Working Group is tasked with managing the application process, funding distribution, and rule compliance. There is an ongoing debate about the optimal technical solution for managing these streams, with Superfluid, Sablier, and Hedgey being potential candidates.

How is the community reacting?

The community is actively participating in the discussion, offering various viewpoints on the proposed rules and technical implementations. Transparency is a key concern, with service providers expected to disclose potential conflicts of interest and provide regular updates. Some members are worried about the timing of the proposal and suggest allowing more time for a comprehensive voting process. The debate also extends to the appropriate funding increments for service providers, with figures between $100,000 and $200,000 being proposed. Technical discussions are ongoing regarding the most suitable streaming solutions, with different providers promoting their services. Lcfr.eth raised a question about whether there are rules preventing well-funded companies from seeking funds from the community29, to which AvsA responded by explaining that the funds are not handouts but payments for future services to ENS DAO, subject to the DAO's continued approval30.

Why this is positive?

  • It encourages the growth and innovation of the ENS ecosystem by supporting service providers.
  • The comprehensive rules and processes promote transparency and accountability.
  • Active community involvement reflects a robust and participatory governance process.
  • The variety of streaming solutions under consideration allows for effective fund and service management.

Why this is negative?

  • Concerns about the hasty implementation of the proposal could lead to unfair advantages for certain teams.
  • The complexity of streaming solutions and the risk of undiscovered bugs could introduce risks.
  • The proposal's timing, coinciding with steward elections, might create management challenges for incoming stewards.

Next actions

The community needs to finalize the rules and processes for the ENS Service Provider Streams, decide on the most suitable streaming solution, and plan the service provider selection process. Ongoing discussions are necessary to address concerns and achieve consensus on the best way forward.

Posted 19 days ago

Last reply 3 days ago

Summary updated 3 days ago

Last updated 04/12 00:20