DAO Reddit Mentions | ChartExchange

Hey Lefteris here.
Nice overview and I love the way you made the video. Wish I had such video editing skills.
Some notes as I watched.
The fight is not between decision by committe or decision by each token holder voting. ENS DAO like many other DAOs has had working groups. A panel of 3 experts that are voted in by the DAO and those experts get to do all the day to day decisions for so long as their term lasts.
No DAO would ever work where everyone votes for everything every time. That was never the question in ENS (or any other DAO). All DAOs I saw ended up creating those working groups.
There is a lot of theatrics on the "independent foundation" front but the fight is between the DAO existing in any way or form, or being completely captured by ENS Labs through that "independent foundation". If you see the proposal 2 /5 seats are ENS Labs people and the rest are "independent" people picked up by ENS Labs.
Looking at the cloak and dagger theatrics they end up doing in DAO governance to hide that they are controlling more votes than is obvious, by having independent DAO delegates be their sock puppets ( [https://x.com/avsa/status/2074156478500409675](https://x.com/avsa/status/2074156478500409675) ) I would not trust a foundation chosen in this way with a 5-foot pole. I also reject the need for a foundation at this point as the problem they identify is already solved by working groups from inside the DAO itself.
Also you mentioned that token holders would decide where revenue goes. That's not true. Theat's part of the treasury management which is now taken away from the DAO. The only thing they end up doing is rubber stamping ENS Labs upgrades to the protocol: [https://x.com/Jefflau/status/2073559565699023355](https://x.com/Jefflau/status/2073559565699023355)
And if they really think that token holders have all that power over the foundation then ... it's Nick + Labs having all this power over themselves? It makes no sense.
I guess due to time but you also did not mention that the DAO's own security council was going to block this move as an attack against the DAO. But Nick used his tokens and ENS Lab's sock puppets to block the renewal of the security council and then went ahead to nominate a new security council under their control.
Finally and perhaps more importantly forgot to mention that empowering the ENS foundation is not a problem for us. We just want it more accountable and not completely controlled by ENS Labs. Which is why we have made this proposal which has unfortunately not have had any fruitful engagements from Labs who seem to want zero compromises and want to push their own version of the foundation proposal.

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