ENS DAO is considering a proposal to move its day-to-day operations and treasury assets to the ENS Foundation, following the Ethereum Foundation’s announcement of a 20% staff cut.

According to NS3.AI, DeFiLlama data estimates the ENS DAO treasury at about $350 million, or about $88 million when excluding the project’s own ENS token.

Separately, Gnosis DAO voted in favor of a second, simplified treasury redemption proposal.