We intend for the permanent registrar to run until a deficiency is detected and/or determined. Unlike the interim registrar, which was intended to be replaced after two years, there are no plans to replace the permanent registrar - though changes may be made to registration and renewal fees as needed.
The permanent registrar uses a first-in-first-served (FIFS) registration system. It replaces the Vickery auction used in the interim registrar.
The permanent registrar uses two transactions (register and reveal) to register a name. This is one fewer transaction than the interim registrar required.
It takes less than 5 minutes to register a name. No more waiting 5 days, like the interim auction required!
If you have a .eth name, you will have a year (May 4 2019 to May 4 2020) to migrate your name to the new registrar. Migrated names are renewed for free from the date of migration until May 4, 2020.
In order to retain your name past May 4, 2020, you will need to renew your name at a cost of $5/name/year. If you don't migrate or renew, the name will become available for registration by others.
You can migrate a name registered using the interim registrar to the permanent registrar any time between now and May 3, 2020.
You can renew any existing name at any time.
Anyone can take ownership of the name, though you can always get your locked ETH back by pressing “Release” button on the manager.
Yes! Once you migrate your name to the permanent registrar, you will have to pay a fee to retain it. You can renew your name for any period of time at any time.
Note: For simplicity, the ENS Dapp initially only allows renewals on an annual basis. The underlying smart contracts support renewal periods defined in seconds.
Anyone can extend the expiry date of any existing name by paying the required fee, at any time.
There is no maximum limitation of the renewal duration but there is a minimum renewal period of 28 days.
You can renew your name at any time during the period you own it. Making sure you renew before the name expires will prevent someone else from registering the name.
There is also a 'grace period' of 90 days after your name expires. You can renew the name to retain ownership of it during the grace period.
Yearly renewals cost $5/year for names that are 7 characters or longer. Shorter names will renew at higher prices once they become available. Fees are paid in ETH. The ETH/USD exchange rate is set by the DAI USD oracle.
Rather than being locked and held, as in the interim registrar, renewal fees in the permanent registrar are spent. You will not get them back.
Initially, funds will be sent to the ENS root multisig, for the keyholders to determine how funds get allocated. We're considering other options for the long-term, such as funding the core ENS team, as well as other teams building on ENS. There are also tax considerations to address.
It's ultimately up to the keyholders to allocate the funds. We hope they will fund ENS ecosystems projects. If available funds exceed the reasonable needs of the ENS ecosystem, we hope other Ethereum projects will receive them.
ENS Listing has an interface for this here. We will be adding support for this to our manager Dapp soon.
Yes, .eth names are tradeable as NFT tokens.
You can do this using our manager interface here, or using any tool with NFT support.
Only the registration and renewal process for .eth domains has changed. Resolution, and management of other names remains the same.
The cost of doing this is the only limitation in place.
This is a new concept introduced by the permanent registrar. The domain name owner can set different address as a controller to delegate the management of domain so that a non-owner can change the name’s resolver and set its address, etc.