ENS is the governance token for the Ethereum Name Service where one token represents one vote. Token holders are encouraged to use ENS and participate in the community by choosing a representative to control their votes or by using their ENS to vote directly on a given proposal. Early last month, the ENS decentralized autonomous organization (DAO) voted on whether to remove Brantly Millegan, one of the three directors of the Ethereum Name Service Foundation, for his homophobic and transphobic tweets in the past. Active for a week, the vote to remove Millegan failed.
Smart Money Is Staking ETH on Rocket Pool and Selling ENS, Nansen Data Suggests – CoinDesk
