ENS Ecosystem Working Group to Support Open-Source Projects with Drips Network
In a groundbreaking move, the ENS Ecosystem Working Group has partnered with the Drips Network to provide financial assistance to key open-source projects and their creators for the next six months. A total of $50,000 USDC will be allocated to seven core projects, namely Wagmi, ethers.js, graphql-request, OpenZeppelin contracts, noble hashes, scure-base, and dns-packet. This initiative reflects ENS DAO’s commitment to recognizing and rewarding essential OSS initiatives that are vital for the proper functioning of their systems.
ENS Embraces Sustainable Funding for Public Infrastructure through Drips
The Drips Network enables continuous and transparent funding for software dependencies, ensuring ongoing support for critical components. ENS not only supports primary software dependencies but also secondary ones that are essential for the overall ecosystem to thrive.
Eleftherios Diakomichalis, the mind behind Drips, sees ENS as a trailblazer in establishing a new cultural norm where on-chain organizations consistently fund the essential public infrastructure they rely on. The straightforward and effective nature of this method underscores the future of funding public goods.
ENS DAO Acknowledges Foundational Projects with Drips
As observed by Slobo.eth, an ENS ecosystem steward, Drips offers a valuable opportunity to back open-source developers contributing to the ENS Ecosystem. This initiative demonstrates ENS DAO’s recognition of projects that serve as the backbone of their system.
Drips Network goes beyond supporting direct software dependencies by extending its reach to secondary dependencies, promoting sustainable transparency in funding mechanisms. By showcasing the success of ENS in nurturing digital infrastructure, other enterprises can learn from this model of decentralized funding.
ENS Leads the Way in Providing Ongoing Support for Open-Source Developers
Consistent and reliable financial support for open-source projects is crucial, as highlighted by this innovative collaboration. The lack of stable funding often hampers the maintenance and development of software tools in the open-source community.
ENS’s approach to continuous funding sets a benchmark for other organizations looking to enhance their digital infrastructure sustainably. By ensuring that essential software projects and their creators have the resources they need, ENS is cultivating a healthier and more resilient open-source ecosystem.
Tags: USDC
