ENS Ecosystem Working Group Partners with Drips Network to Support Open-Source Projects
Over the next six months, the ENS Ecosystem Working Group has joined forces with the Drips Network to provide financial support to crucial open-source projects and their creators. The initiative aims to allocate $50,000 USDC to seven core projects, including Wagmi, ethers.js, graphql-request, OpenZeppelin contracts, noble hashes, scure-base, and dns-packet. This program is a testament to ENS DAO’s commitment to recognizing and rewarding the vital contributions of OSS initiatives that are essential for the smooth functioning of their systems.
ENS Leads the Way in Sustainable Funding for Public Infrastructure through Drips
Through the Drips Network, ENS is paving the way for continuous and transparent funding to sustain software dependencies. By supporting both primary and secondary dependencies, ENS ensures the stability and reliability of its ecosystem.
Eleftherios Diakomichalis, the mind behind Drips, emphasizes that ENS is setting a new standard by proactively funding the fundamental public infrastructure that forms the backbone of their operations. This strategic approach not only simplifies the funding process but also sets a precedent for future initiatives seeking to support public goods.
Acknowledging Foundational Projects with Drips
Slobo.eth, the ENS ecosystem steward, views Drips as a valuable tool for supporting open-source developers who play a crucial role in enhancing the ENS ecosystem. By extending financial support to projects that serve as the foundation for their system, ENS DAO demonstrates its appreciation for the contributions of these essential projects.
Drips Network’s comprehensive funding approach not only addresses direct software dependencies but also encompasses secondary dependencies, ensuring a sustainable and transparent funding model. By championing decentralized funding mechanisms, ENS is setting an example for other enterprises looking to nurture their digital infrastructure.
Setting the Bar with Ongoing Support for Open-Source Developers
The importance of providing consistent and reliable funding for open-source projects cannot be overstated. ENS’ commitment to sustaining these projects serves as a model for other organizations, highlighting the need for continuous support to foster a thriving open-source ecosystem. By prioritizing the financial well-being of crucial software projects and their developers, ENS is paving the way for a more robust and sustainable open-source community.