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Ethereum Name Service's new token already has a fully-diluted cap of $3.1T
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cointelegraph.comThe official announcement on Mirror from ENS states that $ENS will be used to vote on a proposed constitution and govern protocol parameters. The first issues holders can vote on in the new ENS DAO are the price oracle, and how to allocate existing and future community treasury funds.
Ethereum wallet users who have created an ENS domain in the past are eligible to claim $ENS from the claims site by May 4, 2022. Unclaimed tokens will be sent to the DAO treasury. An ENS domain maps easy-to-read names that end in .eth (like “alice.eth”) onto Ethereum addresses.
One-quarter of the entire $ENS supply was made available to .eth domain holders to claim in total. Each wallet received a varying quantity of $ENS based on how long they’ve held their
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