ENS Co-Founder Proposes Delegating 5M ENS Tokens to Combat Voting Concentration on July 7

ENS-2.87%
According to BlockBeats, ENS co-founder Alex Van de Sande proposed on July 7 delegating 5 million ENS tokens from the DAO's idle community treasury to individual participants to reform governance. Currently, one representative's voting power is sufficient to reach quorum and execute any proposal, surpassing the combined voting power of the next 50 representatives. Van de Sande stated that delegated tokens remain DAO-owned and cannot be sold, positioning the proposal as a direct response to ENS's concentrated voting power issue.
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