ENS Co-founder Nick Johnson Blocks Security Council Renewal With 80% Vote Share on July 1

According to The Block, ENS co-founder Nick Johnson vetoed the Security Council renewal proposal on July 1 with 3.26 million ENS tokens, representing 80% of votes cast, causing the executable vote to fail with an 82% rejection rate. The proposal aimed to extend the Security Council's term by two years. Johnson cited concerns about current members potentially using veto powers to block proposals he disagreed with, and separately supported an alternative measure to raise the threshold from 4/8 to 5/8.

The move triggered significant community backlash on X, with Ethereum community members expressing concerns that Johnson's voting concentration is a poor sign for the project's governance. Johnson currently holds approximately 50% of all delegated ENS tokens, intensifying ongoing debates within ENS DAO about centralization and voting power concentration.