The ENS Ecosystem Working Group has announced a new initiative to support vital open-source projects and their creators over the next six months. Through the Drips Network, they will be providing $50,000 USDC to seven core projects, including Wagmi, ethers.js, graphql-request, OpenZeppelin contracts, noble hashes, scure-base, and dns-packet. This program by ENS DAO aims to recognize and reward the essential OSS initiatives that are crucial for the proper functioning of their systems.
ENS Leads the Way in Continuous Funding for Public Infrastructure with Drips
Continuous and transparent funding is made possible through the Drips Network, ensuring ongoing financial support for software dependencies. ENS is committed to supporting both immediate and secondary software dependencies through Drips, setting a new standard in the industry.
According to Eleftherios Diakomichalis, the mind behind Drips, ENS is pioneering a cultural shift by continuously funding the crucial public infrastructure on which they rely. The simplicity and clarity of this method make it a model for funding future public goods.
ENS DAO Recognizes Foundational Projects with Drips
Slobo.eth, the ENS ecosystem steward, views Drips as a fantastic opportunity to support open-source developers contributing to the ENS Ecosystem. This initiative demonstrates ENS DAO’s appreciation for projects that form the foundation of their system.
Drips Network not only supports direct software dependencies but also extends its reach to financing secondary dependencies, promoting sustainable transparency in funding. By showcasing decentralized funding mechanisms, ENS sets an example for other enterprises to follow in nurturing their digital infrastructure.
ENS Establishes a New Standard with Continuous Support for Open-Source Developers
Providing constant and reliable funding for open-source projects is crucial, as highlighted by this initiative. Without consistent income, software tools cannot be maintained or developed, creating a significant challenge for open-source projects.
ENS’s approach to continuous funding sets a benchmark for other organizations, aiming to sustain and enhance their digital infrastructure. By ensuring that crucial software projects and their developers have the necessary resources, ENS contributes to a more robust and healthier open-source ecosystem.
