[EP 6.32] [Executable] Transfer $2.5M USDC from Endowment to wallet.ensdao.eth
AI summary
This proposal asks the ENS DAO to transfer $2.5 million in USDC stablecoin from its Endowment fund to the main DAO treasury wallet, called wallet.ensdao.eth. This transfer is needed because a previously approved funding proposal for various working groups cannot be executed due to insufficient USDC in the main treasury. The goal is to ensure that approved payments and operations can continue without interruption, especially for service providers and ongoing streams.
If passed, the ENS DAO will have enough USDC in its main operational wallet to fund approved working group activities and service provider payments, preventing potential disruptions. This benefits the working groups and service providers who rely on these funds. No one directly loses, but the Endowment's USDC balance will decrease by $2.5 million.
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[EP 6.32] [Executable] Transfer $2.5M USDC from Endowment to wallet.ensdao.eth
Abstract
Following the approval of the [Executable] Collective Working Group Funding Request (Oct 2025), the transactions included in that proposal cannot fully execute due to insufficient USDC in the ENS DAO timelock (wallet.ensdao.eth).
This proposal enables a one-time internal transfer of 2.5M USDC from the ENS Endowment to the ENS DAO timelock (wallet.ensdao.eth) to ensure exec…