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ENS co-founder blocks Security Council renewal, pushing for stricter governance rules

Market News
01 Jul 2026, 00:16 WIB
Crypto Briefing
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ENS co-founder blocks Security Council renewal, pushing for stricter governance rules

Nick Johnson, co-founder of Ethereum Name Service (ENS), used his large token holding to block the renewal of the ENS DAO's Security Council, citing concerns over its unchecked authority. He voted against the proposal with about 50% of the active voting supply, effectively killing it. Johnson supports a new proposal for an eight-member council requiring a supermajority to veto actions, aiming to prevent power concentration and protect the $350 million treasury. The ENS community must quickly decide on the new council by July 3 to maintain governance security.

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