The ENS Ecosystem Working Group has announced a partnership with the Drips Network to provide financial support to key open-source projects and their creators for the next six months. A total of $50,000 USDC will be distributed among seven core projects, including Wagmi, ethers.js, graphql-request, OpenZeppelin contracts, noble hashes, scure-base, and dns-packet. This initiative by ENS DAO aims to recognize and reward the vital contributions of these OSS initiatives, which are essential for the proper functioning of their systems.
ENS Paves the Way for Sustainable Funding of Public Infrastructure with Drips
The Drips Network enables continuous and transparent funding for software dependencies, ensuring ongoing financial support for essential components. ENS is committed to supporting not only immediate software dependencies but also the second-order dependencies that enable their functionality.
According to Eleftherios Diakomichalis, the creator of Drips, ENS is setting a new standard by continuously funding the public infrastructure critical to their operations. The process is straightforward and transparent, providing the necessary resources for the future funding of public goods.
ENS DAO Recognizes Foundational Projects through Drips
As noted by Slobo.eth, an ENS ecosystem steward, Drips offers a unique opportunity to support open-source developers who contribute to the ENS Ecosystem. This initiative demonstrates ENS DAO’s appreciation for projects that serve as the foundation of their system.
Drips Network not only supports direct software dependencies but also extends its reach to finance secondary dependencies, promoting sustainable transparency in funding. By establishing decentralized funding mechanisms, other organizations can learn from ENS’s example of nurturing their digital infrastructure.
ENS Leads the Way in Providing Continuous Support to Open-Source Developers
Consistent and reliable funding for open-source projects is essential, as highlighted by this initiative. Without adequate funds, software tools may not be maintained or developed due to inconsistent income sources for open-source projects.
ENS’s commitment to continuous support sets a benchmark for other organizations looking to sustain and enhance their digital infrastructure. This approach ensures that critical software projects and their developers receive the necessary resources, fostering a healthier and more resilient open-source ecosystem.