DRepActive

drep1y23tfs3c25kfm...

drep1y23t...gq5dx7c7

827,826 ₳827.8K ₳voting power

26 delegators0.02% of active voting power

About

Overview

Generated from public on-chain data

drep1y23tfs3c25kfm... is an active Cardano DRep, registered in epoch 539. They hold 827.8K ₳ of delegated voting power, about 0.02% 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 15 of 145 decided actions (10%). They have published 3 rationales explaining their votes.

Governance record

Participation10%Voted on 15 of 145 concluded actionsAhead of 20% of 350 active DReps
Votes with rationale20%3 of 15 votes with rationaleAhead of 57% of 332 active DReps with votes
Vote timingDay 10.9Median point after submission across 15 timed votes
Voting pattern
15votes
  • Yes5 (33%)
  • No10 (67%)
  • Abstain0 (0%)

No vote changes

Percentiles compare active DReps with at least five concluded actions since their registration. What these numbers mean

Voting power trend4.0%vs last epoch
46.5K ₳827.8K ₳26Epoch 540Epoch 654
43.6%over 115 epochsDelegators26+4over 8 epochs

Recognition (5)

Veteran
Active Voice
Bronze
Constitution Voter
View all 5 badges

Activity

Want to see how your own views compare? Find a DRep who votes like you.

NoNet Change Limit: Cardano Treasury (Epochs 613-713)Decided epoch 647No rationale publishedClosed2mo ago
NoEternl: Path to Sustainability - v2Decided epoch 645No rationale publishedEnacted2mo ago
NoDingo: a Production-Grade Block Producer in Go by Blink LabsDecided epoch 625View rationaleEnacted6mo 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)Decided epoch 623View rationaleClosed6mo 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 2026Decided epoch 621View rationaleEnacted6mo 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.

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NoCardano Defi Liquidity Budget - Withdrawal 1Decided epoch 625No rationale publishedEnacted6mo ago
YesReimburse Ikigai Info Governance Action Deposit.Decided epoch 597No rationale publishedClosed9mo ago
NoLoan ₳5,000,000 to Expand Cardano's Global ListingsDecided epoch 598No rationale publishedEnacted9mo ago
YesSecuring Generic Top-Level Domains for the Cardano EcosystemDecided epoch 597No rationale publishedClosed9mo ago
NoConstitutional Committee Compensation Epochs 581-653Decided epoch 596No rationale publishedClosed9mo ago
YesCARDANO BLOCKCHAIN ECOSYSTEM CONSTITUTION v2.0Decided epoch 581No rationale publishedExpired1y ago
NoCardano GovTool Budget - 12 months full active maintenance and developmentDecided epoch 574No rationale publishedClosed1y ago
NoAmaru Treasury Withdrawal 2025Decided epoch 571No rationale publishedEnacted1y ago
Yes2025 Cardano Blockchain Ecosystem Budget - 7.5M ₳ for community buildersDecided epoch 563No rationale publishedClosed1y ago
YesCardano Constitution to Replace the Interim ConstitutionDecided epoch 542No rationale publishedEnacted1y ago

On-chain profile details

DRep ID
drep1y23t...gq5dx7c7
Registered since
Feb 9, 2025
Last metadata update
1y ago
Data freshness
On-chain data as of 1d ago