The proposal passed 1,269,420 ENS in favor to 480,690 against, clearing the required 1 million-token quorum.
The executable transaction ran on the morning of August 11, 2026, swapping the Endowment Safe's owner for a new Foundation-controlled timelock.
Any Foundation withdrawal now passes through a nine-day timelock, and a Security Council can cancel it with 5 of 8 signatures.
The board pairs Executive Director Alexander Urbelis and founder Nick Johnson with three independent directors: Kartik Talwar, Brett Sun and Anthony Leutenegger.
Track how the Foundation actually deploys the $65 million and whether tokenholders use their director-removal power if they disagree with its spending.
Read More →