ENS governance crisis intensifies as community proposes to delegate 5 million ENS tokens to reform voting power allocation

Foresight News reports that ENS DAO core contributor AvsA recently published a draft proposal on the forum, aiming to reform the DAO governance structure by delegating (rather than distributing) 5 million ENS tokens. According to the draft, 5 million ENS will be transferred from the DAO treasury to a multi-signature delegation contract, with 1 million allocated to each of five stakeholder groups (users, integrators, developers, traditional domain name system participants, governance community). Up to 10 candidates will be selected for each group based on certain criteria. Delegates will not receive any financial rights to the tokens, only voting rights. If a delegate does not participate in voting for over 6 months, their voting power will be reassigned.

The background of the proposal is a governance crisis in ENS, where a single delegate currently holds enough voting power to independently pass any proposal, and the total delegated voting volume continues to decrease, with recent proposals seeing significantly low voter participation. The proposal is currently in the feedback collection stage and has not yet entered the formal voting process.