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ENS DAO onchain vote has 712,320 votes for new Security Council, nearing 1 M quorum; see how the 5‑of‑8 veto power and token concentration could shape ENS
The ENS DAO’s on‑chain vote to seat a new Security Council has amassed 712,320 ENS votes in favor, clearing the majority‑support threshold and moving toward the 1 million‑token quorum needed to lock in the emergency veto that protects the protocol [1]. The outcome will determine who can cancel malicious proposals for the next two years, a key safeguard for the $172 million‑cap ENS naming service.
| At a glance | |
|---|---|
| Votes for council | 712,320 ENS |
| Votes abstaining | 66,730 ENS |
| Quorum needed | 1,000,000 ENS |
| Vote closes | ~July 20 2024 |
The executable proposal, filed by co‑founder Nick Johnson (nick.eth), grants the PROPOSER_ROLE to a Security Council contract built by security firm Blockful. The council operates as an eight‑member multisig with a 5‑of‑8 threshold to cancel timelocked proposals, up from the previous 4‑of‑8 requirement [1]. Its members include ENS co‑founders Nick Johnson and Alex Van de Sande, Blockful founder Alex Netto, security veterans Griff Green and Pablo Sabbatella, and delegates Colton Liberacki and Kevin Gaspar, with an eighth anonymous signer [1]. The council’s authority is narrowly limited to canceling proposals deemed malicious; it cannot propose or amend governance actions [1].
The vote follows a June clash where an earlier renewal (EP 6.45) failed on‑chain after Johnson voted against it, despite passing an off‑chain Snapshot vote. Johnson controls roughly 3.26 million ENS tokens—about half of all delegated voting supply—giving him decisive sway over outcomes [1][2]. Critics argued this concentration effectively placed the DAO under a single actor’s control, prompting a community member to suggest dissolving the DAO altogether [2]. The new council’s stricter threshold, binding appointment agreements, and mandatory KYC checks aim to address these concerns [1].
ENS’s token price rose 3.2 % over the past 24 hours, outpacing Bitcoin’s 2 % gain but lagging Ethereum’s 5.3 % rise, according to CoinGecko data [1]. Over the past week the token has been roughly flat, while it remains down about 14 % over the last 30 days [1].
The vote’s success will cement a two‑year emergency veto under a more diversified, yet still token‑heavy, council, while the unresolved concentration of voting power leaves open questions about ENS’s long‑term governance resilience.
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AI-assisted synthesis by the TrendWatcher Editorial Desk · sourced from 2 outlets · Jul 14, 2026 · How we report
The attacker purchased approximately $4.4 million worth of BONK tokens, reaching the quorum threshold of 879.95 billion BONK and securing a 99.9% yes vote, which automatically executed the transfer.
BonkDAO lacked a timelock delay, a multisig or council veto mechanism, and had a quorum design that enabled control with only about 1% of token supply, all of which could have halted the malicious proposal.
CRV increased by roughly 4% over a day, with on‑chain data showing reduced selling pressure and a 16% rise in open interest, indicating increased speculative leverage.