ENS DAO initiated a ballot proposal to hire a fund manager to manage the Endowment Fund

Nick Johnson, head of ENS development, initiated a ballot proposal on September 9 regarding the hiring of a fund manager to manage the Endowment Fund, which can pay for ongoing development needs without relying on registration and renewal income, BlockBeats news. The funds will come from the ETH and USDC currently held by the DAO, as well as a percentage of the DAO's ongoing revenue. The voting time is September 14. ENS DAO currently has 13,069 ETH revenues, 3,817,067 USDC and 18,184 ETH pre-collected revenues.