drep1y23tfs3c25kfm...
Badges (5)
drep1y23tfs3c25kfm... is an active Cardano DRep, registered in epoch 539. They hold 756.5K ₳ of delegated voting power, about 0.01% of the active stake. drep1y23tfs3c25kfm... has cast 15 on-chain governance votes (5 yes, 10 no, 0 abstain). Since registering, they have taken part in 14 of 132 decided actions (11%). They have published 3 rationales explaining their votes.
On-chain data as of 1d ago.
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Voting stats
- Yes5 (33%)
- No10 (67%)
- Abstain0 (0%)
Voting history (15)
NoDingo: a Production-Grade Block Producer in Go by Blink LabsEpoch 625RationaleEnacted4mo ago
I am voting NO on the Dingo proposal because I believe it represents unnecessary redundancy. With the community already supporting the development of a second node implementation (Amaru), allocating another 6.9M ADA to a third implementation—managed by a private company rather than a non-profit—is not a prudent use of treasury funds. Furthermore, the $250k per FTE personnel costs and the recurring $500k audit fees across multiple projects suggest a lack of capital efficiency in our core infrastructure funding.
NoCardano Budget Process Framework (facilitated by Intersect)Epoch 623RationaleClosed4mo ago
I am voting NO because this framework creates an exclusionary 'pay-to-play' system. The 1,000 ADA entry fee and 100,000 ADA minimum request size protect the interests of large organizations while shutting out the grassroots developers who are the heartbeat of Cardano. Furthermore, I oppose the use of off-chain filters to decide on-chain outcomes. Governance should remain as direct and permissionless as possible, without institutional gatekeepers.
NoAmaru Treasury Withdrawal 2026Epoch 621RationaleEnacted4mo ago
DRep Rationale: Why I am voting "NO" on Amaru 2026
While I value the technical expertise of the Amaru team and the importance of node diversity, I am voting NO on this withdrawal for the following reasons:
Inefficient Treasury Allocation: The 4M ADA "market contingency" buffer is excessive. It locks up significant community capital that could be used for other initiatives. I prefer a model where projects request additional funds if market conditions shift, rather than over-budgeting by 40%.
Performance vs. Cost: The 2025 retrospective shows that key deliverables like Block Production and Mempool implementation are behind schedule. I cannot support a 10.1M ADA expansion until the primary goals of the previous funding round are fully realized and stable.
High Overhead: The fixed costs (Audit and Testing) and high FTE rates set a high-cost precedent for Cardano development. I am looking for proposals that demonstrate more aggressive cost-optimization for the benefit of the ADA holders.
I encourage the Amaru team to return with a more focused, milestone-driven proposal that addresses the current delays without the heavy contingency padding.