# ENS DAO proposal to dissolve and transfer $500M treasury to foundation

Source: https://firefly.social/post/x/2069126550314701172?sid=1506745023

DAOs are so dead that I see nobody noticed or discussed this proposal that @ENS_DAO essentially dissolves itself and transfers control of the entire treasury (almost half a billion in ENS + stables) to the ENS foundation.

## Comments

**mishaderidder.eth**: More on this: https://firefly.social/post/x/2070013947705729476