PANews|Jul 03, 2026 00:33
[ENS DAO Closes Public Goods Working Group After Four and a Half Years of Operation]
According to The Defiant, the ENS DAO Public Goods Working Group has officially shut down after operating for four and a half years. The announcement was made by the working group lead, Simona Pop, on the X platform.
In its sixth and final round of funding, the working group provided 450,000 USDC and 72.5 ETH, approximately $123,000, to Ethereum infrastructure projects such as Vyper, Argot Collective, and Remix Labs. Of this, $375,000 USDC was allocated as strategic funding, co-funded with the Ethereum Foundation at a roughly 1:1.2 ratio.
Pop stated that ENS holds one of the largest treasuries in the crypto space, and the closure of the working group represents a missed opportunity to become what Vitalik Buterin referred to as an 'ecosystem hero.'
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