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Ethereum Name Service’s new token already has a fully diluted cap of $3.1B -Breaking

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On Monday, The Name Service (ENS), launched its governance token, ENS. This will help to promote the decentralization and use of popular domain services for Ethereum wallets.

The Official announcement MirrorAccording to Ethereum Name Service, the ENS token can be used for voting on a Proposed constitutionGovern protocol parameters. First issues that holders will be able to vote on are: the price oracle, and the allocation of existing and future community treasury resources.