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Memo 0xe000367b…f27861 on Ethereum

eth.limo has been amazing and core to the ENS product and community.We support the Unruggable team and trust them to coordinate and create a team to handle this core infrastructure. While the proposal seeks stable funding, in practice, this will not happen. The calldata and how it's structured are much more similar to the service provider program than to labs. The requirement for annual USDC approval renewal contradicts the goal of providing the stable, open-ended funding that Labs has. We gave early feedback/concerns in the forum and also in DMs, which continue to be the same. Mainly about focusing on maturing the service provider program and also about the funding amount/team expansion needed. We agree with the vision that Unruggable is trying to push for the DAO to have a more equitable structure for funding mechanisms and reporting for teams, including labs. Labs also look favorable to advance discussions regarding this future structure. The main reason to vote against it is that, in our view, discussions and efforts need to evolve this subject openly rather than push one specific proposal in a rushed way.