ENS Co-founder Nick Johnson Blocks Security Council Renewal with 80% Voting Power
Source:
www.theblock.co
According to The Block, ENS co-founder Nick Johnson cast a dissenting vote in the on-chain executable vote regarding the renewal of the ENS DAO Security Council, causing the proposal to be currently blocked with 82% "against" votes. Johnson holds approximately 3.26 million ENS tokens, accounting for approximately 80% of the votes cast in this vote and approximately 50% of all delegated ENS tokens. Johnson stated that his vote reflects substantial concerns regarding the composition of the current Security Council members, rather than manipulating governance, and pointed out that "current Security Council members have clearly stated they will use veto power to block proposals they personally disagree with." The voting will officially close on July 5.