ENS Report (10K Club)

A proposal to include 0000-9999.eth in the FloorDAO treasury.

Main point of discussion will be funding the renewal of names within the NFTX vault. It is in the interest of all vault token holders to continue to renew names. Possible routes:

  • use NFTX/Uniswap V3 fee earnings to cover cost
  • issue slightly discounted FLOOR to users that renew names inside the vault (max of X years)
  • “laissez faire” approach for if the vault token becomes unbacked

Complimentary routes:

  • enforce a minimum expiry period for assets that are minted to the vault (can be done via eligibility module)
  • communicate with other LPs to share costs across the top X% of vault token holders