ada_ddy

With cut costs, this is good. Would have liked it lower. But this is presence and there's already a great deal of work that went into this. Hopeful to see the outcome and for next year to have a more sustainable ask.

Scalability and cheaper tx's needs to happen. Especially with full scale leios and peras not being implemented until 2028ish. But this is the last time I am funding anything Hydra.

I am a proponent of investing in our own ecosystem with our own funds. However, at currently prices and trading volume levels, this proposal will not make a difference in todays market. Please up the withdraw to 90mil ADA, and use it to increase the volume of daily trade activity for each pairing, and report "revenue" to the treasury as fees paid. Since Sundae is leading this proposal, would be wise for them to lower fees on specified trading pairs. This will boost their trading volume ratio in the ecosystem and increase LP fee ratio. So Cardano sees an uptick in TVL, on-chain transactions, fee collection and DeFi gets higher liquidity and LP rewards.

HLaps has a great track record, however, if not for Pebble being included in this proposal I would have said no. So this is a rather expensive ask in my opinion. But since there is a working product in order, I have high confidence that it will be done in a timely manner for Cardano. Pebble should be prioritized over Gerolamo in my opinion.

I agree Catalyst is necessary and I believe CF is the best organization to take charge in the matter. However, fund withdraws from the treasury for Catalyst reasons will only approved in the future if the specific disbursements are relatively small and they must include strict "Cardano benefit" terms and conditions. The disbursement cap can be voted on as well as the terms and conditions for how each project must abide to benefit Cardano (i.e. must build on Cardano only for 5 years, must provide reimbursement to the treasury for 3 years, must create net positive inflow from XYZ chain for 4 years, etc.)