ENS DAO has initiated a proposal to establish a new Security Council with a term lasting until July 2028.
According to ChainCatcher, ENS DAO has initiated a proposal to establish a new Security Council based on the EP 6.50 election results, with a term of two years ending on July 16, 2028.
According to the proposal, the new Security Council will inherit the current responsibilities and will continue to be responsible for canceling malicious proposals in ENS DAO. It will not have the authority to initiate, modify, or actively promote governance proposals. The proposal will be configured by granting the corresponding permissions to the DAO's TimelockController.
The proposal also states that after the two-year term expires, if the DAO does not pass a new proposal to extend it, any address may call the relevant function to revoke its proposal cancellation authority.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Indonesian Rupiah: External headwinds and MSCI risks – OCBC
Taiwan Dollar: Strong fundamentals but near-term pressure – Commerzbank

Hassett Downplays AI Debt Risk: The Industry Has Sufficient Funds, No Risk of Broad Sell-Off
Kevin Hassett, Director of the White House National Economic Council, stated that the recent substantial decline in technology stocks does not indicate a comprehensive sell-off risk for the AI industry. He acknowledged that some enterprises are indeed burdened with significant debt, which warrants attention. However, he also pointed out that there are many financially strong companies within the industry that hold both equity and debt in related firms; these companies may be poised to acquire or provide funding support when opportunities arise.

