# [6.47][Executable] Delegation Incentives Program (Funding Transfer)
AI summary
This proposal seeks to transfer 90,000 ENS tokens and 5 ETH from the DAO treasury to the MetaGov stewards multisig. This funding is for the Delegation Incentives Program, a 3-month pilot designed to encourage ENS token holders to delegate their voting power to active delegates. The program will distribute incentives to both delegates and their delegators, with any unused funds being returned to the treasury.
If passed, 90,000 ENS tokens (worth approximately $2.25 million at $25/ENS) and 5 ETH (worth approximately $17,500 at $3,500/ETH) will be moved from the main DAO treasury to the MetaGov stewards. This aims to increase active participation in ENS governance by incentivizing delegation, potentially benefiting active delegates and token holders who delegate their votes. The MetaGov stewards will be responsible for managing and distributing these funds.
Voting results
🐳 Whale votes
0 votes > 5% VPFull proposal
[6.47][Executable] Delegation Incentives Program (Funding Transfer)
https://discuss.ens.domains/t/temp-check-delegation-incentives-program/21824
Abstract
This is the on-chain executable proposal to fund the Delegation Incentives Program, already approved by ENS governance via Snapshot ([6.31] Delegation Incentives Program). It transfers 90,000 ENS and 5 ETH from the DAO treasury to the MetaGov stewards multisig, which will manage distribution over the program's t…