[EP 5.29] Funding request for Unruggable to build and operate a network of gateways supporting the rollout of ENSIP-19: EVM-chain Reverse Resolution
We are requesting funding from the ENS DAO to build a production network of gateways. These gateways will support the rollout of reverse resolution for Arbitrum, Base, Linea, Optimism, and Scroll. We also plan to continue our research and development on the ENS protocol and actively contribute to the ENS ecosystem with a focus on resolving names from L2s. Our funding request focuses on infrastructure, talent acquisition and retention, and ongoing development to sustain this critical ENS infrastructure.
We are requesting $1,200,000 USDC annually and 24,000 ENS tokens (vested over 2 years with a one year cliff).
This request gives consideration to the feedback on our Temp Check on the ENS DAO forum.
This proposal constitutes two streams:
- A stream of $1,200,000 USDC per year (12 months).
- A stream of 24,000 ENS tokens over 2 years (24 months) with a 1 year cliff (12 months).
Both streams are controlled directly by the ENS DAO Wallet. They can be cancelled at any time with a DAO vote should Unruggable not fulfil their promises.
This calldata has been generated using thIs codebase: https://github.com/unruggable-labs/unruggable-stream/tree/3d3c49980defbab315b6e09385b22946dd9729b0, which generates and simulates execution of the below listed transactions.
Tenderly simulation links are listed below.
Platform: Superfluid.
Superfluid is a tried and tested platform for streaming funds. It has been used for nearly a year now for [EP5.2] [Executable] Commence Streams for Service Providers.
Initialising the Superfluid stream involves 4 transactions:
| Description | Target Name | Target Address | Function Signature | Function Arguments | Calldata [1] | Simulation |
|---|---|---|---|---|---|---|
| This function approves the Super USDCx contract to spend $100,000 of USDC on behalf of the sender, the ENS DAO wallet. | USDC | 0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48 | function approve(address spender, uint256 amount) external returns (bool) | ["0x1BA8603DA702602A8657980e825A6DAa03Dee93a", 100000000000] | 0x095ea7b30000000000000000000000001ba8603da702602a8657980e825a6daa03dee93a000000000000000000000000000000000000000000000000000000174876e800 | Simulation |
| This function 'upgrades' $100,000 USDC from the ENS DAO wallet/'Timelock' to USDCx. | USDCx | 0x1BA8603DA702602A8657980e825A6DAa03Dee93a | function upgrade(uint256 amount) | [100000000000] | 0x45977d03000000000000000000000000000000000000000000000000000000174876e800 | Simulation |
| This function sets up the stream to the Unruggable multisig wallet. [2] | Superfluid | 0xcfA132E353cB4E398080B9700609bb008eceB125 | function setFlowrate(address tokenAddress, address receiverAddress, int96 amountPerSecond) | ["0x1BA8603DA702602A8657980e825A6DAa03Dee93a", "0x64Ca550F78d6Cc711B247319CC71A04A166707Ab", 38026517538495352] | 0x57e6aa360000000000000000000000001ba8603da702602a8657980e825a6daa03dee93a00000000000000000000000064ca550f78d6cc711b247319cc71a04a166707ab000000000000000000000000000000000000000000000000008718ea8ded5b78 | Simulation |
| This function increases the amount of USDC (owned by the ENS DAO wallet/Timelock) that the Autowrap strategy contract is able to spend. | USDC | 0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48 | function increaseAllowance(address spender, uint256 increment) | ["0x1D65c6d3AD39d454Ea8F682c49aE7744706eA96d", 1100000000000] | 0x395093510000000000000000000000001d65c6d3ad39d454ea8f682c49ae7744706ea96d000000000000000000000000000000000000000000000000000001001d1bf800 | Simulation |
Platform: Hedgey
Hedgey has been utilised by the ENS DAO for allocating delegateable ENS tokens to deserving ecosystem participants.
Initialising the Hedgey stream involves 2 transactions:
| Description | Target Name | Target Address | Function Signature | Function Arguments | Calldata [1] | Simulation |
|---|---|---|---|---|---|---|
Approve the BatchPlanner to spend 24,000 ENS tokens owned by the ENS DAO Wallet | ENS Token | 0xC18360217D8F7Ab5e7c516566761Ea12Ce7F9D72 | function approve(address spender, uint256 amount) external returns (bool) | [ "0x3466EB008EDD8d5052446293D1a7D212cb65C646", 24000000000000000000000 ] | 0x095ea7b30000000000000000000000003466eb008edd8d5052446293d1a7d212cb65c6460000000000000000000000000000000000000000000005150ae84a8cdf000000 | Simulation |
| Create the Vesting Plan. Tokens vested over 24 months, with a 12 month cliff. [3] | Hedgey Batch Planner | 0x3466EB008EDD8d5052446293D1a7D212cb65C646 | function batchVestingPlans(address locker, address token, uint256 totalAmount,(address recipient, uint256 amount, uint256 start, uint256 cliff, uint256 rate)[], uint256 period, address vestingAdmin, bool adminTransferOBO, uint8 mintType) | ["0x1bb64AF7FE05fc69c740609267d2AbE3e119Ef82", "0xC18360217D8F7Ab5e7c516566761Ea12Ce7F9D72", 24000000000000000000000, [["0x64Ca550F78d6Cc711B247319CC71A04A166707Ab", 24000000000000000000000, 1735065935, 1766601935, 380517503805175]], 1, "0xFe89cc7aBB2C4183683ab71653C4cdc9B02D44b7", true, 4] | 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 | Simulation |
[1] You can deep dive into this calldata at the following link: https://ethtools.com/calldata-collections/unruggable-executable-proposal
[2] 38026517538495352 represents $0.038.. USDC per second noting that USDC has 18 decimals and there are 31556926 seconds in a year.
[3] period, and mintType arguments are taken from the Hedgey documentation: https://hedgey.gitbook.io/hedgey-community-docs/for-developers/technical-documentation/token-vesting/integration-and-direct-contract-interactions
