ENS Labs has shared a $300,000 settlement offer from Manifold Finance to resolve a contentious dispute over the eth.link domain name with the decentralized autonomous organization (DAO) governing the platform.
The settlement offer includes confidentiality and non-disparagement clauses, according to the Feb. 13 proposal.
The legal contention began in August 2022 after the domain, crucial for Ethereum network users to access ENS names via web browsers, was unexpectedly sold and subsequently auctioned.
The dispute
The heart of the dispute traces back to the unexpected transfer and auction of the eth.link domain, a vital resource for the Ethereum community’s access to Ethereum Name Service (ENS) names via web browsers.
Originally under the stewardship of ENS Labs, the domain was inadvertently sold, leading to a complex legal challenge spearheaded by ENS Labs to reclaim control.
A preliminary injunction by a federal district court in Phoenix, Arizona, temporarily resolved the issue by or
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