Beyond DRep

While I recognize the need to incentivize broader adoption, the treasury plays a critical role in funding transformative projects that keep Cardano competitive and capable of adapting to ever-evolving technological demands and innovations.

However, this proposal hinges on the assumption that ADA’s value will increase in the future, rather than relying on its current value, which introduces a significant level of risk. Moreover, the proposal does not mention any treasury control or oversight mechanisms, raising concerns about long-term sustainability and financial stability.

For these reasons, I find it prudent to abstain until more concrete safeguards and plans are provided to address the risks associated with reducing the treasury cut.

I vote in favor of the Cardano Constitution because it establishes a structured, decentralized governance system that empowers the community, ensuring transparency and long-term stability. The extensive consultation process and the principles embedded in CIP-1694 provide a solid foundation for decision-making that aligns with the core values of decentralization, representation, and fairness.

However, my support comes with reservations regarding areas that require further refinement, such as enhancing oversight of the Constitutional Committee, preventing power concentration among DReps, improving the efficiency of constitutional amendments, and ensuring full transparency in treasury allocations.