According to CoinMeta, Wu said that ENS DAO has initiated a new proposal to “empower the ENS Foundation,” aiming to establish a full-time operating foundation and set up a five-person board of directors responsible for managing the endowment fund. The proposal plans to authorize the foundation to operate the fund and allocate 1 million ENS tokens for employee salaries. Holders of ENS tokens will still retain control over the ENS protocol, the holding of ENS, the operation of wallets, as well as the appointment and removal of foundation directors.