The new permanent ENS registrar was launched at midnight UTC on May 4th, just over a week ago.
Apart from some minor bugs we’ve been able to fix quickly, the launch has been a success!
Here are some stats from the first week
- 1189 new .eth names registered
- 7964 names migrated so far from the old registrar; this is about 2.9% of the total ~275,000 names currently registered
- Even though names can be registered for multiple years at a time, only about 90 names have been extended beyond one year
- 2102 names have been released, despite the fact that migrated names get a year of rent for free
- About 1867 years of registration have been paid for so far
- Just over USD$14,000 has been raised from rent paid for newly registered names (remember, migrated names get their first year’s rent free); you can watch rent come in to this contract
This is actually more activity than we were expecting in many ways, since migration isn’t urgent in this first week. Owners of names on the old registrar have one year to migrate to the new registrar before their name is automatically released.
The 2102 names released is a bit surprising since migrated names get both their original deposit back and a year of rent for free. But perhaps the owners already know they don’t plan on paying rent after the first year and simply find it easier to release them now? If that’s the case, then the new rent system — adopted to discourage name squatting — may be working as planned. But we’ll see how things play out over the next year.
The 1189 new names registered is promising. We hope the near-instant registration process encourages people who may have been scared off by the previous auction system but who actually want to use a particular name to get their desired name.
- ENS Manager: the official app where you can register new names, migrate your old ones, and manage names you control
- Step-by-Step Guide to Migrating Your .Eth Name to the New ENS Registrar
- Step-by-Step Guide to Registering a .Eth Name on the New ENS Registrar
- Migrating your ENSNow domains to the new registrar
- Where You Can Use the New ENS Registrar
- Why Does ENS Need Rent? Here’s Our Thinking
- What Will ENS Do With All That Rent Money? Here’s What You Need to Know
If you are a developer and are interested in integrating ENS, we have everything you need in one place right here.