ENS Founder Nick Johnson Opposes Security Committee Renewal and Proposes Shifting DAO Control to ENS Foundation

ENS founder Nick Johnson cast a large number of votes against an on-chain proposal to renew the ENS DAO Security Committee and submitted a revised Security Committee proposal on the forum. According to Foresight News, Johnson said the new proposal would move most of the DAO’s operational authority and treasury control to the ENS Foundation. The ENS Security Committee is intended to prevent malicious proposals from stealing assets from the ENS treasury. It holds a one-vote veto power over proposals.