Chris-O

Since Catalyst Fund 8, Cardano has made sustained investments in both technological development and strategic business partnerships. The current on-chain proposal marks a decisive milestone, propelling the project into its next phase of meaningful scale. Rather than following the conventional venture capital path, the initiative is establishing the 5AM Foundation to safeguard the core technology as a neutral, open public good—ensuring it remains decentralized, accessible, and aligned with the long-term interests of the entire ecosystem.

TLDR: This is a commercialization and adoption proposal and aligns with my voting priorities

Using ADA from Cardano’s treasury to boost DeFi liquidity offers key benefits:

• Improved Trading: Adding 50M–140M ADA to stablecoin pools reduces slippage (e.g., from 6% on $100K trades), enabling efficient, large-volume transactions.
• Increased TVL and Adoption: Tripling stablecoin liquidity (from ~18M to 68M ADA) attracts dApps, yield farming, and users, rivaling Ethereum/Solana’s ecosystems.
• Treasury Revenue: 5–10% yields from liquidity provision or lending, with 15% returned monthly, create sustainable, non-inflationary income for future projects.
• Institutional Appeal: Deeper liquidity draws VCs, RWAs, and TradFi, stabilizing pegs and enabling Bitcoin DeFi or cross-chain bridges.
• Governance and Resilience: There is sufficient Decentralized and organizational oversight which ensures accountability

This turns the treasury into a growth engine, addressing Cardano’s low DeFi liquidity while enhancing adoption and sustainability.

For this reason I voted yes

As a supporter of the Snek community the proposal wrapped as a repayable loan-based treasury withdrawal introduces accountability via repayable funds w/ interest, aid the project in growing and help achieve the following outcomes for the broader ecosystem:

1. Boost ADA liquidity on global trading platforms
2. Enhance Cardano visibility for mainstream users
3. Build reusable exchange infra for CNTs
4. Set tech/legal foundation for future token listings
5. Drive user growth via community traction
6. Create liquidity bridges for DeFi, NFTs, L2s, dApps
7. Share listing playbooks w/ ecosystem

For this reason I vote yes as appropriate use of the treasury

Cardanoの生きがい - Ikigai - Deposit Reimbursement should be a separate proposal and not bundled with this proposal. Need estimate ROI on ADA spend based on data from similar activities to justify.

Good effort but needs iteration. NCL and the need for change or removal is not addressed, info actions are a necessary function in governance, mingovaction cost of 100k ADA is not addressed are 3 examples. Additionally any changes to current constitution should require a larger feedback and debate mechanism amongst the broader community

Although a supporter of the project the ecosystem treasury should be only deployed for efforts that benefit all and not specifically one project even if 2nd order effects do benefit the community. Winners and losers cannot be selected through this process

Although a supporter of the project the ecosystem treasury should be only deployed for efforts that benefit all and not specifically one project even if 2nd order effects do benefit the community. Winners and losers cannot be selected through this process

CC is a core part of on chain governance. Members are tasked with reviewing the constitutionality. The CC allows the system to evolve. It is vital to enshrine this body of Cardano Governance