MREDGARCROSS

Intersect, Cardano Foundation, IOG, EMURGO, and Midnight Foundation are once again asking for money from the Cardano treasury.

This time they want to withdraw 23,000,000 ADA for CCI V2 — the continuation of the Cardano Critical Integrations program.

Previously, CCI V1 already received 70,000,000 ADA.

And this is the main issue:

the first phase still does not look fully completed, some integrations are still ongoing, yet a new funding request is already being pushed.

🚫 I VOTE NO

This is becoming a dangerous trend for Cardano.

First, tens of millions of ADA are taken from the treasury.
Then the work is still not fully finished.
Then another request appears: “give more money or infrastructure may stop.”

That is not how trust is built.

If CCI V1 received 70 million ADA, the community should first receive:

— completed results
— full transparency
— clear measurable value for the ecosystem

Only after that should another 23 million ADA request even be considered.

My position is simple:

results first — new money later.

DReps spend time analyzing proposals, voting, and carrying responsibility for the ecosystem, yet there is still no meaningful support for their work.

But somehow millions of ADA are always available for licenses, administration, legal structures, maintenance, and external integrations.

That is why my vote is NO.

I registered as a DRep and I am ready to help shape the future of the ecosystem.
Optimistic about building the largest digital community in the world. 🖤

My DRep ID:
➡️ drep1y269ehxj30k4vfzfc2z84v0xykd3amuy2xn0kv9zf8rhcec2fg2jr

More details: https://t.me/PROCENT666/338

✅ MY VOTE IS YES

I vote YES on the Update Plutus Cost Models proposal.

This is a technical Cardano parameter update, not a Treasury withdrawal. This is not about conferences, marketing, or funding external events. This is about the core protocol and the way Plutus smart contracts work.

The idea is simple: Cardano is preparing for the van Rossem hard fork and the move to Protocol Version 11. After that, new Plutus functions will become available, and the network needs to know in advance how much CPU and memory these operations will cost.

In blockchain terms, this is close to a “gas model.”
If an operation exists, it needs a clear execution cost. Without that, smart contracts cannot properly use new functionality.

The update includes:

— new cryptographic operations;
— array operations;
— list operations;
— token and value operations;
— updates for Plutus V1, V2, and V3;
— revised costs for some existing operations.

As a DRep, this looks logical to me.

If Cardano wants to grow DeFi, dApps, cross-chain solutions, complex smart contracts, and stronger infrastructure, these updates are necessary. This is not spending for appearance. This is tuning the internal engine of the network.

It is also important that similar changes have already been tested on:

— SanchoNet — March 2026;
— Preview — April 2026;
— Preprod — May 2026.

No specific security concerns are stated in the proposal. The cost values are based on benchmarking data. There are no negative cost values.

My position is clear:

if a proposal strengthens Cardano’s technical foundation, helps developers, and makes Plutus more functional, I support it.

My vote: YES.

Cardano must evolve not only through governance discussions, but also through real technical improvements to the protocol.

I registered as a DRep and I am ready to help shape the future of the ecosystem. I am optimistic about building the largest digital community in the world. 🖤 My DRep ID: ➡️ drep1y269ehxj30k4vfzfc2z84v0xykd3amuy2xn0kv9zf8rhcec2fg2jr More details here: https://t.me/PROCENT666/338

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📌 Note: This post is for informational and analytical purposes only. It does not contain calls for action, protest, or violation of the law. Everything stated here reflects the author’s personal opinion.

📌 Cardano is voting on the proposal
“Eternl: Path to Sustainability (2026–2027)”

🗓 Proposal submitted: May 15, 2026
🗓 Voting expires: June 19, 2026
📍 Epoch 631 → 638

🗳 Treasury request:
₳1,680,000 ADA

What they want:
— 12 months of Eternl wallet operations
— backend servers and infrastructure
— Cardano hardfork updates
— governance and DRep tooling
— Ledger, Trezor, OneKey support
— mobile app development
— developer and support team funding

Eternl is also launching a paid Pro model:
— $96/year personal
— $384/year company

The team says the goal is long-term self-sustainability instead of permanent treasury dependence.

🗳 My vote: YES.

Because this is real Cardano infrastructure people actually use every single day.

Eternl powers:
— transactions
— staking
— governance
— DRep voting
— dApp access
— Ledger signing
— mobile access to the network

And I personally use this wallet constantly.

Compared to millions of ADA spent on endless summits, flights, coffee and networking events — funding a working wallet makes far more sense.

#Cardano #ADA #Eternl #Crypto #Blockchain #DRep #Governance #Web3 #DeFi #Ledger

I registered as a DRep and I am ready to help shape the future of the ecosystem. - Optimistic about building the largest digital community in the world. 🖤 My DRep ID: ➡️ drep1y269ehxj30k4vfzfc2z84v0xykd3amuy2xn0kv9zf8rhcec2fg2jr More details here https://t.me/PROCENT666/338

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📌 Disclaimer: This post is informational and analytical only. It does not contain calls for action, protests, or violations of the law. Everything stated reflects the personal opinion of the author.

🗳 Cardano Governance Vote: Scalus — Treasury Withdrawal

They are asking for ₳8,503,000 ADA from the Cardano Treasury for the Scalus project by Lantr Engineering.

Timeline: 12 months
Period: July 2026 — June 2027
Proposal type: Treasury Withdrawal
Submitted: May 14, 2026
Expires: June 14, 2026

The proposal focuses on building a large Cardano application platform with:

• Smart contracts
• L1 node infrastructure
• L2 integration
• Formal verification
• JVM / Java / Kotlin / Scala ecosystem support

My answer: NO.

Why?

Because this project already exists.
Because they already received funding before.
Because they should finish and prove real ecosystem results first before asking for another massive Treasury withdrawal.

Cardano Treasury should not become an endless funding machine where the same teams continuously request millions of ADA without delivering clear large-scale impact first.

First results.
Then new funding requests.

My vote: NO.

I registered as a DRep and I am ready to help shape the future of the ecosystem.
Optimistic about building the largest digital community in the world. 🖤

My DRep ID:
➡️ drep1y269ehxj30k4vfzfc2z84v0xykd3amuy2xn0kv9zf8rhcec2fg2jr

More info: https://t.me/PROCENT666/338

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#Cardano #ADA #DRep #CardanoGovernance #Scalus #Crypto #Blockchain #Web3

IOG / IO Research want to withdraw ₳32,916,667 — nearly $7.9 million — from the Cardano treasury for the Cardano Vision 2026 program.

Officially, the funds are requested for research, prototypes, and development of:

• Leios and Peras
• ZK and Layer 2
• post-quantum security
• identity and governance
• light clients
• Babel Fees
• bridges and cross-chain infrastructure

But I vote NO ❌

📌 First there must be real results from previous programs — then ask for more money.

They already received funding for Cardano Vision 2025.
Now, while there is still no clear large-scale result for:

• regular users
• DeFi
• TVL
• ADA price
• real network growth

— they are asking for another massive treasury withdrawal.

📌 This is starting to look less like Cardano development and more like continuous treasury extraction under attractive words like:

research
vision
innovation
roadmap
reports
prototypes

₳32,916,667 is a massive amount of money.

Meanwhile, DReps — the people actually reading proposals, analyzing documents, voting, explaining governance to the community, and carrying responsibility toward delegators — cannot even receive basic compensation for their work.

📌 The model now looks strange:

• large organizations request millions of ADA
• research groups receive budgets
• universities and partners get funded
• while DReps keeping governance alive receive almost nothing

This governance model will not work long term.

Cardano should not become a treasury machine for endless reports and research without direct ecosystem results.

🔥 MY VOTE: NO ❌

I registered as a DRep and I am ready to help shape the future of the ecosystem. - Optimistic about building the largest digital community in the world. 🖤

My DRep ID:
➡️ drep1y269ehxj30k4vfzfc2z84v0xykd3amuy2xn0kv9zf8rhcec2fg2jr

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📌 CARDANO VOTE: dOSPO + OMF PROGRAM — REQUEST FOR ₳12,000,000 ADA FROM THE TREASURY OVER 36 MONTHS

Another “ecosystem support” proposal where millions of ADA are requested from the treasury under the usual slogans about open source, sustainability, security, and growth.

👉 What they want:
• ₳6M ADA — developer and maintainer funding
• ₳3M ADA — training and onboarding new contributors
• ₳2M ADA — management, councils, legal and operations
• hackathons, bounties, reports, audits and more bureaucracy

In reality:
Cardano is once again being asked to finance a massive administrative structure instead of delivering direct value to the network.

⚠️ Same cycle again:
• ask for millions
• publish presentations and reports
• create more councils and structures
• ask for more millions later

Meanwhile:
The treasury keeps shrinking.
ADA price and adoption do not magically grow from endless governance bureaucracy.

🗣️ My vote: NO ❌

First deliver results.
First finish previous initiatives.
First prove real value for Cardano.
Then ask for another ₳12 million.

I registered as a DRep and I am ready to help shape the future of the ecosystem.
Optimistic about building the largest digital community in the world. 🖤

My DRep ID:
➡️ drep1y269ehxj30k4vfzfc2z84v0xykd3amuy2xn0kv9zf8rhcec2fg2jr

More details here
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📌 Note: This post is purely informational and analytical. It does not contain calls for action, protests, or violations of the law. Everything stated reflects the personal opinion and analysis of the author.

#Cardano #ADA #DRep #Crypto #Blockchain #Web3 #CardanoGovernance #OpenSource #DeFi #Treasury #Governance #CryptoNews

Voting: NO ❌

Harmonic Labs is asking for 4.6 million ADA from the Cardano treasury for the Gerolamo project — a browser-based light node for dApps and wallets.

The idea sounds attractive:
run a validating Cardano node directly inside the browser and reduce dependence on centralized RPC servers and APIs.

But in reality, this looks like another expensive R&D experiment wrapped in decentralization marketing.

📌 My position is simple:
I vote NO.

Cardano does not need another multi-million ADA research proposal with endless milestones, audits, reports, and FTE calculations.

The ecosystem needs:
— real adoption
— real users
— real liquidity
— real growth

4.6 million ADA is a massive amount of treasury funds.

And what does the average ADA holder get right now?

Almost nothing.

No direct impact on adoption.
No major increase in network activity.
No meaningful benefit for the majority of users.

Again:
roadmaps, committees, reports, oversight boards, milestones.

A lot of presentations.
Very little real-world impact.

The Cardano treasury should not become an endless ATM for teams constantly asking for millions before delivering meaningful ecosystem-wide results.

First results.
Then more funding.

My vote: NO ❌

I registered as a DRep and I am ready to help shape the future of the ecosystem.
Optimistic about building the largest digital community in the world. 🖤

My DRep ID:
➡️ drep1y269ehxj30k4vfzfc2z84v0xykd3amuy2xn0kv9zf8rhcec2fg2jr

More details: https://t.me/PROCENT666/338

#Cardano #ADA #DRep #CardanoGovernance #Web3 #Crypto #Blockchain #DeFi

Cardano at TOKEN2049 Singapore 2026: Top-Up ‘Title’ Sponsorship Upgrade — my answer is NO.

This proposal asks for another 1,768,167 ADA from the Cardano treasury.

Not for development.

Not for DReps.

Not for infrastructure.

But for upgrading to a more expensive marketing package at TOKEN2049 Singapore 2026.

The proposal upgrades the sponsorship from Platinum to Title Sponsorship.

What does Cardano get for the extra treasury money?

• a larger booth
• a 15-minute keynote on the main stage
• press release mentions
• media introductions
• branded lanyards
• a protein shake station
• extra tickets and VIP access

So once again, this is mainly about marketing, visibility, branding, networking, and event positioning.

I do not see enough value here to justify spending treasury funds at this scale.

If the baseline proposal is already questionable, then spending even more ADA for a premium sponsorship upgrade makes even less sense.

In my opinion, treasury funds should prioritize real governance work.

DReps work every single day:

• reviewing proposals
• analyzing treasury spending
• voting
• educating the community
• protecting ADA holders’ interests

The conference will end.

The marketing exposure will fade.

But governance remains.

My vote is — NO.

I registered as a DRep and I am ready to help shape the future of the ecosystem. Optimistic about building the largest digital community in the world. 🖤

My DRep ID:
➡️ drep1y269ehxj30k4vfzfc2z84v0xykd3amuy2xn0kv9zf8rhcec2fg2jr

More info:
https://t.me/PROCENT666/338

🗳️ VOTING: Tweag Core Cardano Infrastructure: Treasury Withdrawal 2026–2028

Tweag is requesting ₳39,787,316 ADA from the Cardano treasury — nearly $10 million — for infrastructure work planned for 2026–2028.

The proposal includes Peras, testing frameworks, developer tooling, network monitoring, storage optimization, and node infrastructure maintenance.

My vote: NO.

I am not voting against Peras.
I am not saying Tweag is a weak team.
I am voting against the funding model itself.

Requesting treasury funds for 2 full years upfront is not healthy governance for Cardano.
First there should be clear delivery and measurable results after 1 year, then a new review, new evaluation, and a new vote.

Almost 40 million ADA in a single package is too large.
Especially when critical infrastructure, optional tooling, maintenance, and secondary initiatives are all bundled together.

The Cardano treasury is not an unlimited wallet.
If every strong infrastructure contractor starts requesting tens of millions of ADA years in advance, governance turns into a constant treasury drain.

The approach should stay simple:

• deliver results first
• return for additional funding later
• smaller focused proposals
• better transparency
• stronger treasury discipline

That is why my vote on this proposal is: NO.

I registered as a DRep and I am ready to help shape the future of the ecosystem.
Optimistic about building the largest digital community in the world. 🖤

My DRep ID:
➡️ drep1y269ehxj30k4vfzfc2z84v0xykd3amuy2xn0kv9zf8rhcec2fg2jr

More info: https://t.me/PROCENT666/338

#Cardano #ADA #DRep #CardanoGovernance #Peras #Treasury #Blockchain #Crypto #Web3

🔥 CARDANO TREASURY WANTS ANOTHER ₳4.6M ADA

Harmonic Labs is asking for ₳4.6 MILLION ADA from the Cardano treasury to build the Pebble programming language and maintain Cardano TypeScript infrastructure.

📌 What they promise:
• new Pebble smart contract language
• Plutus V4 support
• tooling
• IDE
• tutorials
• maintenance of core libraries

Sounds good on paper. But this is becoming a systemic problem ⚠️

Cardano is slowly turning into an endless treasury request machine:
• first millions for development
• then more millions
• then maintenance
• then audits
• then governance reports

But where is the massive adoption?
Where are millions of users?
Where is exploding TVL?
Where are the killer apps?

The ecosystem already has:
• Aiken
• Plutarch
• Helios
• Opshin
• and now Pebble

Instead of consolidation, we keep getting fragmentation and treasury competition.

📌 Another major issue:
they value 1 FTE at $200k per year and want funding for 5 FTEs.

The Cardano treasury is increasingly becoming a developer salary fund.

My position is simple:
show real results, adoption, and usage first.
Then ask for millions from the treasury.

My vote: NO ❌

I registered as a DRep and I am ready to help shape the future of the ecosystem. - Optimistically building the largest digital community in the world. 🖤 My DRep ID: ➡️ drep1y269ehxj30k4vfzfc2z84v0xykd3amuy2xn0kv9zf8rhcec2fg2jr More info here https://t.me/PROCENT666/338

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Cardano at TOKEN2049 Singapore 2026 — my answer is NO.

This proposal asks for 3,303,750 ADA from the Cardano treasury for a Platinum sponsorship at TOKEN2049 Singapore 2026.

And again, I do not see real value in this.

At the end of the day, this is still about:

• booths
• stages
• tickets
• logistics
• marketing
• videos
• networking
• presentations about partnerships and institutions

Yes, they call it “Cardano promotion.”

But the simple reality is this:

millions of ADA from the treasury are once again being spent on an offline event.

Not on development.

Not on supporting active DReps.

Not on the people who constantly review proposals, vote, analyze budgets, and explain governance to the community.

In my opinion, these funds would create far more value if they were allocated toward supporting DRep work.

Because a conference lasts two days.

Governance work happens every single day.

My vote is — NO.

I registered as a DRep and I am ready to help shape the future of the ecosystem. Optimistic about building the largest digital community in the world. 🖤

My DRep ID:
➡️ drep1y269ehxj30k4vfzfc2z84v0xykd3amuy2xn0kv9zf8rhcec2fg2jr

More info:
https://t.me/PROCENT666/338

🍈 2,400,000 ADA FOR DURIANS? NO, NO AND NO

Another massive Treasury request just landed in Cardano.

They want 2.4 million ADA for the OriLife × TonFarm project to track 180 million durians in Vietnam using AI, NFTs, DIDs and Cardano blockchain infrastructure.

Simple translation:
they want millions from the Cardano Treasury to digitally identify durians.

And my answer as a DRep is: NO.

What kind of nonsense is this?

Cardano still has major ecosystem problems, governance issues, lack of support for active contributors and DReps — yet somehow millions of ADA are available for “AI durian tracking”.

DReps spend time analyzing proposals, voting, studying governance actions and helping the ecosystem move forward.

But instead of supporting the people actually maintaining governance, the Treasury keeps getting hit with giant funding requests full of buzzwords:

“AI”
“Real World Adoption”
“NFTs”
“Biometrics”
“SDK”
“DIDs”

At some point the community needs to ask:

Where is the real value returned to Cardano?

First show sustainable results.
First prove economic value for the network.
First demonstrate real adoption at scale.

Then ask for millions.

Right now this looks more like Treasury extraction than responsible ecosystem growth.

I vote NO.

I am registered as a DRep and ready to help shape the future of the ecosystem. 🖤
My DRep ID:
➡️ drep1y269ehxj30k4vfzfc2z84v0xykd3amuy2xn0kv9zf8rhcec2fg2jr

#Cardano #ADA #DRep #CardanoGovernance #Catalyst #Web3 #Blockchain #Crypto #DeFi #Treasury #CardanoCommunity

Revised Cardano Summit 2026 Singapore — I’m voting NO.

This proposal asks for 7,800,000 ADA from the Cardano treasury to fund Cardano Summit 2026 in Singapore.

And honestly, I see no real value in spending that kind of money on stages, coffee, flights, hotels, networking, panels, and presentations.

Yes, they call it:

• institutional exposure
• strategic meetings
• ecosystem growth
• enterprise adoption
• global visibility

But the simple reality is this:

millions of ADA from the treasury are being spent on a short event that will come and go.

Meanwhile, real governance work happens every single day.

In my opinion, it would make far more sense to allocate treasury funds toward supporting DReps for actual governance work.

Because DReps are the ones who:

• review proposals
• analyze budgets
• vote on governance actions
• explain governance to the community
• protect ADA holders’ interests
• actively participate in the future of Cardano

A conference lasts two days.

Governance work never stops.

That’s why my vote is — NO.

I registered as a DRep and I am ready to help shape the future of the ecosystem. Optimistic about building the largest digital community in the world. 🖤

My DRep ID:
➡️ drep1y269ehxj30k4vfzfc2z84v0xykd3amuy2xn0kv9zf8rhcec2fg2jr

More info:
https://t.me/PROCENT666/338

₳11.9 MILLION ADA FOR PLUTUS — MY ANSWER IS NO ⚠️

I am voting NO on this proposal.

This proposal requests ₳11,877,575 from the Cardano Treasury to improve Plutus — Cardano’s smart contract language. On paper, the goal sounds good: improve Plutus, make smart contracts cheaper, strengthen security, and make life easier for developers.

But the problem is not the beautiful description. The problem is something else.

IOG and affiliated entities have already received major funding from the Cardano Treasury. The proposal itself states that the total allocated amount was ₳130,708,860, of which ₳78,459,777 has already been withdrawn.

And now they are asking for almost 12 million ADA again.

For me, this is the weak point. You cannot keep coming back to the Treasury and saying: “Give us more, we will improve the infrastructure.”

First, there must be a simple and strict report: what was received, what was delivered, what results were achieved, which metrics improved, how many developers came in, and how much easier it actually became to build on Cardano.

Without that, this new proposal does not look like development. It looks like another funding request for basic work that the ecosystem has been waiting for a long time.

Plutus really does need improvement. But that does not mean every large Treasury request should be automatically supported.

The Cardano Treasury is not an endless wallet. It is community money.

That is why my answer is: NO.

First results. Then new money.

I have registered as a DRep and I am ready to help shape the future of the ecosystem. - Optimistic about building the largest digital community in the world. 🖤 My DRep ID: ➡️ drep1y269ehxj30k4vfzfc2z84v0xykd3amuy2xn0kv9zf8rhcec2fg2jr More details here https://t.me/PROCENT666/338

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🚫 MY ANSWER IS NO. REJECTED.

IOG and related entities have already received major funding from the Cardano Treasury.

The document clearly states:

Total allocated: ₳130,708,860
Already withdrawn: ₳78,459,777

Now they are asking again for:

₳13,078,578 from the Cardano Treasury.

For me, this looks simple:

first show real results for the money already received, then come back for new funding.

Yes, the proposal sounds good on paper: security, formal verification, Blaster, developer tools, and smart contracts.

But the issue is not the beautiful description.

The issue is different:

where is the final result for the millions of ADA already received?
what is the concrete benefit for ordinary Cardano users?
why should the Treasury keep paying for work that large structures should be able to develop themselves?

I am not against Cardano development.
I am against constant Treasury withdrawals without strict accountability and clear results.

My position is simple:

first results — then new money.

My vote on this proposal:

🚫 NO
🚫 REJECTED
🚫 The Cardano Treasury must not become an endless wallet for the same players.

I registered as a DRep and I am ready to help shape the future of the ecosystem. - Optimistic about building the largest digital community in the world. 🖤 My DRep ID: ➡️ drep1y269ehxj30k4vfzfc2z84v0xykd3amuy2xn0kv9zf8rhcec2fg2jr More details here https://t.me/PROCENT666/338

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no

CARDANO TREASURY IS NOT AN ENDLESS ATM 🏦

The proposal asks for ₳27,714,342 from the Cardano Treasury to fund IO / IOG work on Leios — a major scaling upgrade for Cardano.

Leios is important.
Nobody denies that.

It is designed to increase Cardano’s throughput by 10–65x, help the network move toward the 2030 target of more than 27 million monthly transactions, and prepare the path from public testnet to a mainnet-ready release candidate.

But here is the problem.

This proposal does not guarantee mainnet activation.
It funds preparation, testing, engineering, documentation, workshops and hard-fork readiness — but the actual hard fork still depends on external factors, ecosystem readiness and future governance approval.

That means Cardano is being asked to pay again before the final result is secured.

IOG and related entities have already been allocated ₳130,708,860 across Treasury-funded projects, with ₳78,459,777 already withdrawn.

My position is clear:

NO. Refusal.

First finish what was already funded.
First show completed results.
First prove delivery.

Only after that should new large Treasury withdrawals be considered.

Cardano needs scaling.
Cardano needs Leios.
But Cardano also needs discipline, accountability and protection of the Treasury.

The Treasury belongs to the ecosystem, not to permanent contractors.

I registered as a DRep and am ready to help shape the future of the ecosystem.
I am optimistic about building the largest digital community in the world.

🖤 My DRep ID:
➡️ drep1y269ehxj30k4vfzfc2z84v0xykd3amuy2xn0kv9zf8rhcec2fg2jr

More details: https://t.me/PROCENT666/338

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no

no

🚫 MY ANSWER ON POGUN — NO

Pogun is asking for ₳12.29 million ADA from the Cardano Treasury, roughly $2.95 million, to build Bitcoin DeFi infrastructure: a credit market, a yield application, and a Bitcoin bridge through BitVM.

The idea sounds strong on paper:
bring BTC into Cardano, give it credit utility, create a bridge, yield, and a new liquidity market.

But my answer as a DRep is simple:

No.

First, let the team build the product with their own money.
Let them show real demand, real users, real fees, real security, and a clear economic model.

Only after that should Treasury funding be discussed.

The Cardano Treasury is not a venture fund for beautiful presentations.
It is a shared ecosystem resource, and it should not be distributed based on promises, even when the idea looks promising.

₳12.29 million ADA is a serious amount of money.
For that kind of funding, there must be more than a roadmap — there must be proven viability.

Cardano needs strong projects.
But a strong project proves itself through execution first, not by immediately asking for millions from the Treasury.

My position:

Product first.
Metrics next.
Trust after that.
Only then — funding.

I registered as a DRep and I am ready to help shape the future of the ecosystem. - I am optimistic about building the largest digital community in the world. 🖤 My DRep ID: ➡️ drep1y269ehxj30k4vfzfc2z84v0xykd3amuy2xn0kv9zf8rhcec2fg2jr More details here https://t.me/PROCENT666/338

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🚫 MY VOTE IS NO. I REJECT THIS PROPOSAL

Cardano has a vote to allocate ₳7,920,000 from the treasury for Blockfrost and Project Cayley.

Formally, this is presented as infrastructure development, data indexing, and support for free API access for developers.

But for me, the essence is simple:

they are coming to the treasury for money again.

Cardano already has infrastructure solutions for data access. There is already Blockfrost, Koios, cardano-db-sync, Ogmios, Kupo, and other tools.

Now they want to take money from the common treasury again to support a separate infrastructure layer and fund its development.

I am not against Cardano development.
I am against turning the treasury into a feeding system for constant requests.

₳7.92 million is not a small amount.
This is community money.
This is the resource of the whole ecosystem.
And every request like this must pass a strict filter.

My position is simple:

first, they should prove by themselves that the model is sustainable, necessary, and does not create dependence on one provider.

Only after that can we talk about the treasury.

Right now, my vote is:

NO / REJECT

Cardano must be built not on constant requests to the treasury, but on strong, sustainable, and independent infrastructure.

Otherwise, this is no longer decentralization.
It becomes a regular grant system where some build, and others constantly pay.

I registered as a DRep and I am ready to help shape the future of the ecosystem. - Optimistic about building the largest digital community in the world. 🖤 My DRep ID: ➡️ drep1y269ehxj30k4vfzfc2z84v0xykd3amuy2xn0kv9zf8rhcec2fg2jr More details here https://t.me/PROCENT666/338

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MY VOTE — NO. REJECTED.

Another request for money from the Cardano treasury.

This time they are asking for ₳10,425,871 for L2 scaling: Hydra, Midgard, and shared Layer 2 infrastructure.

On paper, everything looks beautiful:

Hydra,
Midgard,
Data Availability,
fast transactions,
low fees,
DeFi,
AI payments,
gaming,
consumer applications.

But I have one simple question:

Where are the results from the money that was already taken before?

If large funding was already received, then first they must show:

what has been completed,
what is actually working,
which products were finished,
which metrics were achieved,
what real benefit ordinary Cardano users have already received.

Not come back to the treasury again asking for millions more ADA under new promises.

Cardano must not become an endless cash machine for the same structures.

First finish the old work.
First show the result.
First deliver a working product.
Then new proposals can be discussed.

My position as a DRep is simple:

I vote NO. Rejected.

I am not against Cardano development.
I am against constant funding without clear accountability and completed results.

I registered as a DRep and I am ready to help shape the future of the ecosystem. - Optimistic about building the largest digital community in the world. 🖤 My DRep ID: ➡️ drep1y269ehxj30k4vfzfc2z84v0xykd3amuy2xn0kv9zf8rhcec2fg2jr More details here https://t.me/PROCENT666/338

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📌 MILLIONS FROM THE TREASURY AGAIN FOR A SHOW, NOT FOR THE PEOPLE WHO ACTUALLY MOVE CARDANO FORWARD

They want to take a huge amount from the treasury for a summit and sponsorship of someone else’s event.
On paper, they call it ecosystem promotion, reach, branding, connections, and media exposure.
In reality, it looks like an expensive showcase paid for by the community.

I am against this approach.

Cardano is not built by stages, banners, or flashy booths.
Cardano stands on the people who actually work inside the system every day:
DReps, developers, content creators, educational channels, local communities, translators, analysts, ambassadors.

And here is the main question.
Why is there money for events in the millions, but no money for the people who have been carrying the ecosystem for years for free?

👉 If the system has a treasury, then it should strengthen the foundation, not the decorations.

What would actually be more useful:

• pay DReps who read documents, analyze votes, and spend their time
• allocate budgets to local bloggers and media who really bring Cardano to people
• fund educational content, translations, guides, and deep dives
• support developers and open-source initiatives
• strengthen regional communities instead of draining the treasury into expensive conferences

Because one event happens and ends.
But a strong DRep, a strong blogger, a strong community, and a strong developer create impact every single day.

📌 A treasury is not a wallet for pretty presentations.
A treasury is a tool for growing the ecosystem.

When millions go to the stage while the people who actually do the work get no support, that is a clear distortion.
That is exactly how trust in governance begins to break down.

As a DRep, I work for free.
I spend time, attention, and resources not for a show, but for the future of the network.
That is why I cannot support these expenses when the priorities are upside down.

🔥 My view is simple:
first the people doing the real work
then infrastructure
then education
and only after that expensive events

Otherwise this is no longer decentralization.
It is just treasury redistribution in favor of the showcase.

I registered as a DRep and I am ready to help shape the future of the ecosystem. - I am optimistic about building the largest digital community in the world. 🖤 My DRep ID: ➡️ drep1y269ehxj30k4vfzfc2z84v0xykd3amuy2xn0kv9zf8rhcec2fg2jr More here https://t.me/PROCENT666/338

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📌 AS A DREP — I AM AGAINST THIS PROPOSAL

This is not a small, targeted funding request.
This is a large withdrawal from the Cardano treasury based on future promises.

The proposal asks for 8,035,714 ADA.
And it is not only for a node.
It includes:
• Gerolamo
• Pebble
• TypeScript infrastructure maintenance
• hard fork readiness
• IDE tooling
• documentation
• extra contingency on top

👉 In simple terms: they want the money now, while the results are promised later.

🔥 What I do not like

• The node is not ready yet
• Block production is not even part of the current goal
• The project is stretched over 12 months
• The budget looks like full team funding from the treasury
• They also added 25% contingency, meaning extra funds for miscalculations and delays

This no longer looks like a modest infrastructure request.
It looks like an attempt to pull a large amount from the treasury under a broad package of promises.

📉 What the real issue is

A node can be launched with much less funding.
Especially when this is not a full production block-producing node, but a light node, relay, or developer tool stack.

Here, under the banner of “decentralization” and “ecosystem growth,” several separate directions were bundled together and charged to the treasury as one large package.

🧩 My view is simple

Cardano needs network resilience.
Cardano needs developers.
Cardano needs tools.

But that does not mean every polished proposal with big words should be paid from treasury funds.

If the product is not ready, if the result is still just a plan, and the amount is already huge — that is a bad signal for me.

⚠️ So my position is clear

As a DRep, I am against it.
I do not support withdrawing this level of funds from the treasury for unfinished promises, stretched timelines, and an oversized scope.

The Cardano treasury is not a funding pool for polished presentations.
It should be used for real, measurable, proportional results.

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📌 I’M VOTING YES TO APPROVE CARDANO FOUNDATION AS THE NEW MANAGING ENTITY OF PROJECT CATALYST

Cardano is now going through an important governance vote.

The Cardano Foundation is asking the community to approve it as the new managing entity of Project Catalyst, replacing IOG. This is not about new grants and not about new funding. This is about who will officially keep Catalyst running from here.

👉 What is happening

Project Catalyst is the grant funding mechanism of the Cardano ecosystem.

Now the Cardano Foundation wants to officially take over Catalyst management so that:
— milestone reviews continue
— payouts for already approved projects do not get delayed
— operations for Funds 10–14 do not freeze

If this decision does not pass, Catalyst could face uncertainty and operational delays by the end of May 2026.

🗣️ The core point

This vote is not about Fund 15 and Fund 16.
This is not about Intersect as the budget administrator.
This is not about new treasury allocations.

This vote is specifically about allowing the Cardano Foundation to become the new managing entity for Catalyst so the system does not stall.

🔥 Why I am voting YES

I am voting YES because in a moment like this, the ecosystem needs continuity, not confusion.

When a system changes its managing side, the priority is simple:
— keep operations running
— protect payouts
— honor existing obligations
— prevent disruption across legacy funds

If management is not transferred in time, the result could be a pause, and a pause in a system like this damages trust across the entire ecosystem.

📍 My view

This may look like a technical vote, but it is a very important one.

This is not about hype.
This is not about slogans.
This is about making sure Catalyst does not get stuck and that existing commitments are completed in an orderly way.

I vote YES.

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📌 CARDANO TREASURY VOTE: DINGO NODE — I VOTE NO

Cardano governance is currently voting on the proposal “Dingo: a Production-Grade Block Producer in Go.”

Blink Labs is requesting ₳6,900,000 ADA from the Cardano Treasury to develop a new Cardano node implementation written in Go.

As a DRep, I vote NO on this proposal.

🔎 Proposal Summary

The Dingo project aims to build a third Cardano node implementation capable of:

• syncing the blockchain
• validating transactions and smart contracts
• participating in Ouroboros consensus
• producing blocks

In other words, it would become another block-producing node client for the network.

⚠️ Why I Vote NO

The Cardano community recently approved major funding for the Amaru node, an alternative node implementation written in Rust.

The Amaru treasury withdrawal totals ₳10,142,000 ADA.

Amaru is intended to become the second full node implementation for Cardano, but it has not yet reached mainnet production.

Now we are being asked to fund a third node implementation before the second one is even deployed.

💰 Treasury Responsibility

The situation now looks like this:

• cardano-node (Haskell) — current primary implementation
• Amaru (Rust) — recently funded alternative node
• Dingo (Go) — requesting additional treasury funding

But the second implementation has not yet proven itself in production, and already a third is requesting funding.

Treasury funds belong to the entire ecosystem and must be used carefully and strategically.

🗳 My Vote

I vote NO on the proposal “Dingo Treasury Withdrawal — ₳6,900,000 ADA.”

My position:

• first launch and evaluate Amaru
• then assess whether additional node implementations are necessary
• the treasury should not become a funding source for every new client proposal

Cardano benefits from node diversity, but funding multiple node implementations simultaneously without proven need risks misusing treasury resources.

🖤 My DRep ID:
➡️ drep1y269ehxj30k4vfzfc2z84v0xykd3amuy2xn0kv9zf8rhcec2fg2jr

You can find me under the name MREDGARCROSS.

I registered as a DRep and am ready to help shape the future of the ecosystem.

More details 👉 https://t.me/PROCENT666/338

📌 Cardano DeFi Liquidity Budget: My Decision as a DRep

A vote is currently underway on Withdrawal 1, proposing to withdraw 800,000 ADA from the Cardano Treasury to establish the legal and technical infrastructure for a future DeFi liquidity fund.

This is the next step following the earlier discussion about allocating 50,000,000 ADA from the treasury to boost stablecoin liquidity within the Cardano ecosystem.

🔎 Proposal Summary

The proposal requests 800,000 ADA from the Treasury to:

• establish a Cayman Islands Foundation Company as the legal structure
• conduct a smart contract security audit
• deploy the Amaru multisig contract to manage funds
• prepare the infrastructure for a potential DeFi liquidity fund

In practice, this is a preparatory stage for the potential 50M ADA liquidity program.

⚠️ Why I Vote NO

I previously voted NO on the 50M ADA liquidity budget, and my position remains consistent.

Reasons:

• the proposal ultimately leads to very large treasury allocations
• funds would be managed by a committee of 9 individuals
• the structure relies on an offshore legal entity in the Cayman Islands
• DeFi infrastructure inherently carries smart contract and liquidity risks

Even this preparatory withdrawal is directly connected to a plan that may deploy tens of millions of ADA from the treasury.

🗳 My Vote

I vote NO on the proposal “Cardano DeFi Liquidity Budget – Withdrawal 1.”

Reason:

The Cardano ecosystem indeed needs stronger stablecoin liquidity, but treasury usage must be gradual and conservative to minimize risks for the entire network.

🖤 My DRep ID:
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You can find me under the name MREDGARCROSS.

I registered as a DRep and am ready to help shape the future of the ecosystem.
Optimistic about building the largest digital community in the world.

More details 👉 https://t.me/PROCENT666/338

📌 I AM VOTING NO. THIS LOOKS LESS LIKE CARDANO GROWTH AND MORE LIKE TREASURY MONEY BEING PUSHED OUT UNDER A NICE PACKAGE

In the Cardano ecosystem, they are now trying to push through a decision to move 50 million ADA from the treasury into the external Orion Fund managed by Draper Dragon.

On paper it sounds good:
ecosystem growth, new projects, DeFi, RWA, developers, liquidity, scaling.

But once you remove the nice wrapping, the core is much harder.

👉 What is really happening

Community treasury funds are not being directed into a direct and transparent Cardano-native mechanism.

They want to move them into an external fund structure.

That means:
— the Cardano treasury becomes a source of capital
— external structures manage that capital
— decisions are no longer made directly by the community in a simple way
— once the funds leave the Treasury, control becomes much less direct and much less transparent

And that is where the main issue begins.

🗣️ Why I am against it

I am not against ecosystem growth.
I am against community funds being pushed into complex structures where everything depends on trust in managers, lawyers, entities, and promises of future returns.

The treasury is not a wallet for experiments.

The Cardano treasury should operate through:
— clear mechanisms
— direct accountability
— transparent control
— minimal intermediaries

This proposal goes in the opposite direction.

🔥 What I do not like about this model

First, an external manager appears.
Second, a layered fund structure appears.
Third, community money effectively moves into a system where ordinary participants no longer control it as directly as before it left the Treasury.

Yes, they say it will be controlled.
Yes, they say this is only the first tranche.
Yes, they say capital and profit may return later.

But the core problem remains:
first the money has to leave, and only then the community is asked to trust that the structure will work as promised.

📍 This is the real point

Once the treasury starts being used as venture capital, the risk changes completely.

This is no longer simple ecosystem support.
This is community money being used as a bet on an external investment model.

And these models always carry the same danger:
if it works, people will say the idea was brilliant,
if it fails, the money is already gone and responsibility gets diluted across structures, entities, and legal wording.

That is exactly why this looks like a dangerous precedent to me.

⚠️ My conclusion

To me, this looks too much like a carefully packaged opening of the treasury to outside fund structures under polished language about growth, scaling, and the future of the ecosystem.

I do not believe the Cardano Treasury should become a source of money for external fund vehicles.

I believe the treasury should remain under the most direct, transparent, and strict control of the community.

That is why my vote is NO.

I registered as a DRep and I am ready to help shape the future of the ecosystem. - I am optimistic about building the largest digital community in the world. 🖤 My DRep ID: ➡️ drep1y269ehxj30k4vfzfc2z84v0xykd3amuy2xn0kv9zf8rhcec2fg2jr More here https://t.me/PROCENT666/338

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📌 CARDANO TREASURY BUDGET FRAMEWORK 2026 — I VOTE YES

On March 5, 2026, a new governance action was submitted in Cardano: Budget Process Framework 2026, facilitated by Intersect.

This proposal defines how the Cardano Treasury will be managed and distributed in the future.

As a DRep, I support this framework and I vote YES.

👉 What changes

The Treasury budget process becomes structured and transparent.

Projects requesting funding must now:

• request at least 100,000 ADA
• make a 1,000 ADA Treasury donation
• define clear KPIs
• align with Cardano Vision 2030 strategic pillars

This ensures funding decisions are based on measurable outcomes and strategic alignment, not just narratives.

📊 Why this matters

In the past, proposals could be fragmented and difficult to compare.

The new framework introduces financial discipline and comparability across proposals.

Each project must clearly define:

• strategic impact
• expected value and ROI
• execution plan
• measurable metrics

This effectively turns the Cardano Treasury into a strategic ecosystem investment engine rather than a simple grant system.

💰 Treasury protection

Approved funds are not released immediately.

Instead:

• funds are locked in on-chain smart contracts
• payments are released based on milestones
• execution is secured through multi-sig oversight

Oversight participants include:

• NMKR
• Dquadrant
• SundaeLabs
• Xerberus
• Cardano Foundation

All transactions remain fully transparent on-chain.

⚙️ Stronger role for DReps

DReps decide:

• which projects receive Treasury funding
• which initiatives are strategically important
• how ecosystem resources are allocated

DReps effectively function as the governance layer of the Cardano Treasury budget system.

🗣 My position

I support this framework and vote YES because:

• it introduces transparency in Treasury spending
• it improves accountability for funded projects
• it reduces low-quality or opportunistic proposals
• it strengthens community governance

This is an important step toward a mature decentralized governance system for Cardano.

🖤 My DRep ID

➡️ drep1y269ehxj30k4vfzfc2z84v0xykd3amuy2xn0kv9zf8rhcec2fg2jr

You can find me in governance search as MREDGARCROSS.

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📌 CARDANO TREASURY VOTE: AMARU NODE DEVELOPMENT — I VOTE YES

Cardano governance is currently voting on an important proposal:
Amaru Treasury Withdrawal 2026.

This proposal funds the development of Amaru, an alternative Cardano node implementation written in Rust.

Requested budget:
₳10,142,000 ADA for development during 2026.

As a DRep, I am voting YES.

👉 What Amaru is

Amaru is a new implementation of a Cardano node.

Today the network primarily relies on cardano-node (Haskell).
That means the network effectively depends on a single implementation of the protocol.

Amaru introduces a second independent node, which can:

• increase network resilience
• strengthen decentralization
• reduce systemic risk
• attract new developers to the ecosystem

⚙️ Why this matters

In blockchain infrastructure, node diversity is critical.

If a network relies on only one implementation, it creates a monoculture risk.

A critical bug in that implementation could potentially affect the entire network.

Multiple implementations increase resilience.

This approach already exists in other major networks:

• Bitcoin Core
• btcd
• Libbitcoin

Different implementations of the same protocol make the system more secure and decentralized.

💻 What the project plans for 2026

The Amaru team plans to deliver:

• Q1 — production-ready relay node
• Q2 — block-producing node
• Q3 — mainnet readiness
• experiments with new protocols such as Leios, Peras, and Phalanx
• integrations with Mithril, StarStream and L2 infrastructure

The project also focuses on low hardware requirements, enabling nodes to run even on constrained devices.

This can increase the number of operators and further decentralize the network.

💰 About the budget

Total request: approximately $3M.

For Layer-1 infrastructure development, this is within a normal range.

Building and maintaining a blockchain node involves:

• cryptography
• consensus algorithms
• networking protocols
• security audits
• large-scale testing

This is core infrastructure for the entire network.

🗣 My position

I support this proposal and vote YES because:

• it strengthens Cardano’s network resilience
• it reduces dependency on a single node implementation
• it expands the developer ecosystem
• it improves decentralization

Infrastructure projects like this are long-term investments in the future of the network.

🖤 My DRep ID

➡️ drep1y269ehxj30k4vfzfc2z84v0xykd3amuy2xn0kv9zf8rhcec2fg2jr

You can find me in governance search as MREDGARCROSS.

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🚨 CARDANO GOVERNANCE VOTE: TREASURY LIMIT 300M ADA (2026–2027)

📅 Submitted: 7 February 2026
📅 Active Period: 13 February 2026 — 3 July 2027
📊 Proposal: Treasury Net Change Limit — 300,000,000 ADA

👉 WHAT THIS VOTE IS ABOUT

This vote sets a limit on how much treasury funds can change during Epoch 613–713.

This is not about ADA price.
This is about treasury budget control.

👉 WHAT WE HAD BEFORE

📊 Treasury inflow in 2025:
➡ 306,940,195 ADA

The network earned roughly this amount in one year.

👉 WHAT IS PROPOSED NOW

Set treasury limit to:
➡ 300M ADA

Meaning:
The network spends roughly what it earns.

👉 WHY I SUPPORT THIS

📌 Fiscal discipline
The network does not overspend.

📌 Economic predictability
Important for investors and institutions.

📌 Ecosystem protection
Treasury cannot be drained quickly.

📌 Healthy blockchain economy
Spending ≈ Income.

👉 WHAT THIS MEANS FOR THE FUTURE

Cardano is building a system similar to a state-level financial model:
✔ Revenue exists
✔ Budget exists
✔ Spending limits exist

This is the foundation for:
— Institutional capital
— Asset tokenization
— Global financial integration

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🚨 Cardano Governance 2026: My Decision as DRep

📅 Dates
• Proposal submitted: 10 February 2026 (Epoch 612)
• Voting deadline: 16 March 2026 (Epoch 619)

📌 Proposal Summary
Proposal suggests reducing the minimum Constitutional Committee size in Cardano:
➡️ Current: 7 members
➡️ Proposed: 5 members

📌 My Decision
❌ I vote NO

📌 Why
• Network governance is responsibility, not optional participation.
• If a committee member cannot perform duties — replacement is required, not lowering standards.
• Reducing to 5 increases decision weight of each individual member.
• Any security system degrades over time if requirements are constantly lowered.

📌 Risks of Reduction
• Easier coordination of influence on decisions
• Lower barrier to impact constitutional changes
• Higher long-term centralization risk

📌 My Position as DRep
Governance must be built on:
• discipline
• accountability
• stable quorum
• strong network protection

Cardano is a foundation for the future financial system and crypto. Weakening core governance mechanics is strategically dangerous.

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Я зарегистрировался как DRep и готов помочь в формировании будущего экосистемы. - Оптимистично настроен на построение крупнейшего цифрового сообщества в мире. 🖤 Мой DRep ID: ➡️ drep1y269ehxj30k4vfzfc2z84v0xykd3amuy2xn0kv9zf8rhcec2fg2jr Подробнее тут https://t.me/PROCENT666/338

📌 Voting is live to increase Plutus memory limits in Cardano — and I'm voting YES as a DRep

🧠 What it’s about:
The proposal increases memory unit limits for Plutus scripts:

• maxTxExecutionUnits[memory]: 14M → 16.5M
• maxBlockExecutionUnits[memory]: 62M → 72M

This gives developers more flexibility to build scalable and powerful smart contracts, while maintaining block performance.

🔧 Why I’m voting YES:

✅ Enables more advanced DApps with fewer limitations
✅ Already tested on Preview & PreProd testnets
✅ No security or performance risks confirmed by benchmarks
✅ Supported by Intersect’s Parameter and Technical Committees
✅ Fully compliant with all governance guardrails

📊 This is how Cardano scales smartly — with real governance, real testing, and community control.
More complex logic, smoother UX, better developer experience.

🖤 My DRep ID:
➡️ drep1y269ehxj30k4vfzfc2z84v0xykd3amuy2xn0kv9zf8rhcec2fg2jr
Details: https://t.me/PROCENT666/338

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#Cardano #DRep #Plutus #Governance #ADA #DeFi #SmartContracts #ProtocolUpgrade #мыслЯотэдгара #dRepVotesYES

📌 Voting is live for Cardano's first-ever Treasury-backed DeFi fund — and I'm voting YES as a DRep

🗳 What’s on the ballot:
A proposal to withdraw ₳500,000 ADA from the Cardano Treasury to launch a decentralized DeFi Liquidity Fund — managed by a DAO, controlled by dReps, backed by a legally registered Cayman Foundation, and secured by audited smart contracts + multisig (5-of-9).

💼 Why it matters:

• Legal foundation for DAO-based DeFi operations
• Amaru smart contract setup for fund management
• DAO becomes economically active — the treasury will finally work for the ecosystem
• Full transparency, on-chain control, real governance by the community

🧠 Why I’m voting YES:

✅ It gives real power and responsibility to dReps
✅ Treasury funds are activated, not idle
✅ DAO becomes legally capable of partnering with institutions
✅ Audits, on-chain tracking, and public accountability built-in
✅ Sets the precedent for future ecosystem-level decentralized funds

📊 Being a DRep now means:

• We don’t just vote on ideas — we control real capital
• We oversee how DAO entities operate
• We become the political backbone of Cardano governance

🔥 I voted YES — and I encourage other DReps to support this milestone for decentralized economic infrastructure.

🖤 My DRep ID:
➡️ drep1y269ehxj30k4vfzfc2z84v0xykd3amuy2xn0kv9zf8rhcec2fg2jr
More: https://t.me/PROCENT666/338

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#Cardano #DRep #Governance #ADA #DAO #DeFi #Treasury #Amaru #Crypto #мыслЯотэдгара #VoteYes #OnChainGovernance #Web3Politics

📌 Voting is live to name Cardano’s next hard fork “van Rossem Hard Fork” — I’m voting YES as a DRep

🧠 Who was Max van Rossem:

• A key contributor to Cardano’s Constitutional Convention in Buenos Aires
• Co-author of Article VIII in the Cardano Constitution
• Member & co-lead of the first Constitutional Committee election group
• Founder of AdaMoments — preserving personal history on-chain
• DRep and community builder in the Dutch Cardano ecosystem

💡 Why I’m voting YES:
✅ Honoring a true architect of decentralized governance
✅ His work helped shape the core of Cardano’s political system
✅ Continues the legacy of Vasil, Chang, and Plomin
✅ Embeds community memory into the protocol's evolution

🖤 His name deserves to live on-chain.
➡️ I’m voting YES in recognition of his lasting contribution.

🖤 My DRep ID:
drep1y269ehxj30k4vfzfc2z84v0xykd3amuy2xn0kv9zf8rhcec2fg2jr
More info: https://t.me/PROCENT666/338

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#Cardano #DRep #vanRossem #Governance #HardFork #ADA #OnChainLegacy #мыслЯотэдгара #Decentralization #BlockchainGovernance

📌 CARDANO TREASURY — I VOTE YES FOR NCL

🏛️ Governance Action: Net Change Limit

Cardano sets a spending cap for the network treasury.

📅 Validity Period

• Start: Epoch 613 — February 13, 2026
• End: Epoch 713 — July 3, 2027

💰 Treasury Limit

• 350,000,000 ADA
• Maximum amount allowed to be withdrawn from treasury
• Without NCL — treasury spending is forbidden by Cardano Constitution

⚙️ Basis

• Treasury income for 2025: 306.9M ADA
• Limit = 115% of income
• Includes previously approved budget:
50M ADA for Stablecoin DeFi Liquidity

🧠 Purpose

• Transparent treasury management
• Protection from uncontrolled spending
• Budget cycle synchronization
• Compliance with Cardano Constitution Article IV

🗳️ Approval Conditions

• Requires >50% of active DRep stake voting YES
• After approval, funding proposals can be submitted
• Exceeding the limit is prohibited

🧩 My position as DRep

I vote YES for the Net Change Limit.
This secures Cardano’s treasury
and strengthens long-term ecosystem sustainability.

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I have registered as a DRep and am ready to help shape the future of the ecosystem.
Optimistically focused on building the world’s largest digital community. 🖤
My DRep ID: ➡️ drep1y269ehxj30k4vfzfc2z84v0xykd3amuy2xn0kv9zf8rhcec2fg2jr
More details: https://t.me/PROCENT666/338

📛 OFFICIAL DRep POSITION: I VOTE NO

🧱 As a DRep on Cardano, I vote AGAINST the DeltaDeFi Info Action requesting ₳1,500,000.

❌ Why:
— We already have enough DEX platforms.
— There is no urgent trading infrastructure problem.
— This is not a breakthrough — just another order-book with fancy KPIs.
— Now is not the time to spend Treasury funds on this.

📉 Liquidity doesn’t come from more exchanges.
🔍 Cardano needs real user demand — not another frontend.

🛑 I vote NO. I do not support spending Treasury funds on duplicate infrastructure.

🖤 My DRep ID: ➡️ drep1y269ehxj30k4vfzfc2z84v0xykd3amuy2xn0kv9zf8rhcec2fg2jr
🔗 Details: https://t.me/PROCENT666/338

#Cardano #Governance #DRep #Treasury #DeltaDeFi #мысляотэдгара

📜 CARDANO CONSTITUTION v2.4 — I VOTE YES ✅

🗳 The update to the Cardano Constitution (v2.4) is a strong step forward for transparent and reliable blockchain governance. As a DRep, I fully support this proposal:

🔹 Simplified Governance
Outdated and non-binding sections (like Budget Info Action and aspirational rules) are removed for clarity and efficiency.

🔹 Security & Transparency
All proposal documents must now be immutable, protecting against manipulation after submission.

🔹 Equal Accountability
Every Treasury withdrawal is now subject to the same audit and oversight safeguards — no more exceptions.

🔹 Community Respect
The v2.4 version restores key wording based on EMURGO's feedback, showing maturity and unity across major governance players.

🟢 This strengthens trust, improves coordination, and pushes Cardano forward.
🖤 I vote YES.

🔗 Learn more:
📄 CARDANO v2.4 Constitution (PDF)
📂 Changes from v1.0 to v2.4
📂 Changes from v2.3 to v2.4

I’m registered as a DRep and ready to help shape the future of the ecosystem.

• Fully committed to building the world’s largest digital community.
  🖤 My DRep ID: ➡️ drep1y269ehxj30k4vfzfc2z84v0xykd3amuy2xn0kv9zf8rhcec2fg2jr
  Details: https://t.me/PROCENT666/338

📜 CARDANO 2030 VISION — I VOTE YES ✅

🗳️ This Info Action outlines Cardano’s first long-term, community-driven strategic direction through 2030. It’s not legally binding — but it gives DReps and SPOs a clear framework for making treasury and governance decisions.

🔹 Built by 700+ contributors, the proposal includes:

• Vision: Cardano as the most secure, reliable, and censorship-resistant blockchain for mission-critical applications.
• Mission: To power fair, transparent digital economies for people, businesses, governments, and communities.
• 5 Strategic Pillars: Infrastructure, Utility, Governance, Community Growth, Sustainability.
• KPIs to measure alignment and ecosystem progress.

🔹 Why it matters:

• Helps DReps evaluate proposals more strategically.
• Aligns community efforts with long-term goals.
• Prevents chaos, duplication, and loss of direction.

🟢 I vote YES — because Cardano finally has a shared, community-approved compass for the road ahead.

🔗 Learn more:
🌐 Strategy & KPIs
📄 Vision (PDF)

I’m registered as a DRep and ready to help shape the future of the ecosystem.

• Fully committed to building the world’s largest digital community.
  🖤 My DRep ID: ➡️ drep1y269ehxj30k4vfzfc2z84v0xykd3amuy2xn0kv9zf8rhcec2fg2jr
  More info: https://t.me/PROCENT666/338

📌 MY DECISION AS A DRep — I VOTE YES

👉 Governance Action: Add Constitutional Committee Member — Christina
📅 Dec 16, 2025 → Jan 15, 2026
🧱 On-chain Governance (CIP-1694)

Facts:

• This is a fully on-chain governance vote, not an Intersect decision
• The proposal adds an extra Constitutional Committee member
• The candidate is Christina, who received strong community support
• Cardano Curia was already added earlier and this action does not override it
• minCommitteeSize = 7 → falling below this halts governance ratification

Why this matters:

• The snap election margin was extremely close
• A larger committee = greater governance resilience
• Reduces the risk of governance paralysis if a member steps down
• Fully aligned with the Cardano Constitution and CIP-1694

Important:

• ❌ No one is removed or replaced
• ❌ Voting thresholds remain unchanged
• ❌ No conflict with previous governance actions
• ✔️ On-chain governance becomes more robust

Conclusion:
I support this proposal.
This is not politics — it is an engineering decision for governance continuity.

Я зарегистрировался как DRep и готов помочь в формировании будущего экосистемы. - Оптимистично настроен на построение крупнейшего цифрового сообщества в мире. 🖤
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📌 Cardano: Vote on Critical Integrations — My Position

👉 Facts

• Type: Treasury Withdrawal
• Amount: ₳70,000,000
• Timeline: December 2025 – January 2026
• Purpose: tier-1 stablecoins, pricing oracles, cross-chain bridges, institutional wallets & custody, on-chain analytics, foundation for DeFi / RWA / DePIN
• Funds administrator: Intersect
• Governance & steering: IOG, Cardano Foundation, EMURGO, Midnight Foundation
• Funds released by milestones, with audits and unused ADA returned to the Treasury

👉 Context

• Cardano is a top-10 blockchain by market cap
• TVL ~ $190M (DefiLlama, Nov 2025)
• Without stablecoins and institutional-grade oracles, liquidity growth is structurally capped
• This is not an idea or research phase — it’s the acquisition of missing infrastructure that other L1s implemented years ago

👉 Why I vote “YES”

• Without these integrations, Cardano remains isolated

• Treasury funds are not spent upfront, but under strict controls

• This is the base layer for:

  • TVL growth
  • institutional capital inflow
  • real ADA utility, not just narratives

👉 Risks

• NDA constraints and undisclosed vendors
• No hard economic KPIs at launch

👉 Conclusion
This is not a perfect proposal.
It is a necessary and overdue step.
Without it, the ecosystem will keep talking while liquidity moves elsewhere.

My vote is YES, with strict post-approval oversight.

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More details: https://t.me/PROCENT666/338

📜 DRep Vote: Extending the 2025 Net Change Limit until February 8, 2026

🔹 What is this vote about?
This is an Informational Governance Action to extend the current Net Change Limit (NCL) on Treasury withdrawals — set at 350M ADA — by 8 additional epochs, until the end of Epoch 612 (February 8, 2026). This extension ensures that Treasury operations are not disrupted due to a governance delay or legal gap.

📌 Without this extension:
— No Treasury Withdrawal Governance Action (TWGA) could be legally executed after Epoch 603 (Dec 30, 2025)
— Any TWGA ratified in Epoch 604 wouldn’t be paid out until Epoch 605 — after the current NCL expires — violating Article IV of the Cardano Constitution

📅 Timeline recap:
The original NCL was adopted in April 2025 to span Epochs 532–604. But due to the one-epoch delay in TWGA execution, Epoch 603 is the final epoch where new Treasury withdrawals can be ratified. After that, all actions would be blocked unless this extension is passed.

✅ MY VOTE: YES
As a registered DRep, I vote YES to extend the Net Change Limit for 8 more epochs, until February 8, 2026, because:
— It prevents a constitutional freeze in Treasury operations
— It ensures stable funding for the ecosystem
— It maintains alignment with community-agreed limits
— It supports continuity as we approach major governance and financial upgrades in early 2026 (e.g. ISO 20022, CIP-1694 rollout)

🖋️ Author: Mike Hornan / HOSKY
🔗 Cardano Constitution
🔗 Original 2025 NCL
🔗 Extension Metadata

I’ve registered as a DRep and am committed to shaping the future of the Cardano ecosystem.
— Fully focused on building the world’s largest decentralized digital community.
🖤 My DRep ID: ➡️ drep1y269ehxj30k4vfzfc2z84v0xykd3amuy2xn0kv9zf8rhcec2fg2jr
More info: https://t.me/PROCENT666/338

📌 Vote: Cardano Critical Integrations Budget — I Vote YES

🚀 Why this matters

Cardano must onboard critical infrastructure to scale and attract external liquidity:

1️⃣ Tier-1 stablecoin on mainnet
2️⃣ Institutional custody & wallet infrastructure
3️⃣ Cross-chain bridges for capital inflow
4️⃣ Globally recognized pricing oracles
5️⃣ Tier-1 on-chain analytics for transparency and adoption

This enables real DeFi growth, higher TVL and sustainable fee generation for the ecosystem.

🧩 Who is involved

The initiative is led by the core governance and development organizations:

• Input Output Global
• Cardano Foundation
• EMURGO
• Intersect
• Midnight Foundation — essential for institutional privacy and enterprise-grade finance

💡 What we are voting on

Approval to allocate ₳70,000,000 from the Cardano Treasury for 24 months, with:

• milestone-based funding
• transparent administration
• independent audits
• strict constitutional oversight

This is foundational infrastructure, not optional development.

🗳 My vote

I support this proposal. I vote YES.
Cardano must move forward and unlock the next stage of ecosystem growth.

I am registered as a DRep and ready to help shape the future of the ecosystem.
I am optimistic about building the largest digital community in the world. 🖤
My DRep ID: ➡️ drep1y269ehxj30k4vfzfc2z84v0xykd3amuy2xn0kv9zf8rhcec2fg2jr
More info: https://t.me/PROCENT666/338

📌 My decision is YES. Why is this vote necessary right now?

👉 Facts

• Governance Action: Add Constitutional Committee Member
• Issue: Constitutional Committee fell below the required minimum
• Required minimum: 7 members
• Current state after resignation: 6 members
• Proposed solution: add Cardano Curia
• Term expiration: Epoch 653
• Election format: Intersect snap-election
• Participation: 88 DReps
• Voting stake represented: ~3.16B ADA

👉 Why this matters

• With fewer than 7 members, the Constitutional Committee cannot:

  • ratify budgets
  • approve Treasury Withdrawals
  • validate Net Change Limits

• On-chain governance becomes partially frozen

👉 What this vote actually is

• Not ideology
• Not redistribution of funds
• Not politics

It is a technical restoration of governance functionality.

👉 My position as a DRep

• Governance must function before strategy can exist
• Delays block every critical decision
• The election followed constitutional process and was verifiable

👉 Conclusion
Without restoring the Constitutional Committee, Cardano governance does not work.
This vote re-enables the system.

My vote is YES.

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📢 Loan ₳5,000,000 to Expand Cardano's Global Listings — My Vote

I vote ❌ NO

💬 Reason:
The idea of taking ₳5,000,000 from the Treasury to promote a memecoin like SNEK doesn’t serve Cardano’s development. It’s not infrastructure, research, or innovation — it’s marketing for a meme.
If Snek Foundation wants listings — let them invest their own funds, not borrow from the Treasury. The Treasury is not a bank or a promotional budget for private tokens.

💡 My stance:
Projects that truly strengthen Cardano — governance, tools, education — deserve Treasury support. Memecoins do not.

🗳️ I vote NO to protect Treasury integrity and focus on real ecosystem growth.

I’m registered as a DRep and ready to help build Cardano’s future responsibly.
🖤 DRep ID: ➡️ drep1y269ehxj30k4vfzfc2z84v0xykd3amuy2xn0kv9zf8rhcec2fg2jr
More info: https://t.me/PROCENT666/338

📢 Vote: Securing Generic Top-Level Domains for the Cardano Ecosystem (.ada & .cardano)

As a DRep, I vote — YES.

🌐 About the Proposal

The Cardano Foundation proposes registering the top-level domains .ada and .cardano with ICANN — the international organization that governs internet domain names.
This will establish Cardano’s official digital identity and strengthen the bridge between Web2 and Web3.

⚙️ Why I Support It

• Funded entirely by the Cardano Foundation, not the Treasury.
• Protects and legitimizes the Cardano and ADA names from misuse or fraudulent registration.
• Expands Cardano’s reach and innovation potential through official Web3 integration.
• Builds a strong, recognizable presence for the Cardano ecosystem in the global digital infrastructure.

💬 My Decision

I vote “YES” because .ADA and .CARDANO must belong to the ecosystem — not to external corporations or speculators.
This step strengthens Cardano’s independence and global visibility.

🗳 My vote: YES — Securing gTLDs (.ada & .cardano)
I’m registered as a DRep and ready to help shape the future of the Cardano ecosystem.
Optimistic about building the world’s largest decentralized community. 🖤
More details here: https://t.me/PROCENT666/338

📢 Reimburse Ikigai Info Governance Action Deposit — My Vote

I vote ❌ NO.

💬 Reason:
Reimbursing 103,000 ADA for an old mistake is not ecosystem development — it’s misuse of the treasury. The Cardano Treasury exists to fund technology, infrastructure, and education, not private refunds.
If we start compensating past errors, we open the door to endless refund requests and weaken the integrity of decentralized governance.

💡 My proposal:
Instead of ad hoc reimbursements, Cardano should establish a transparent insurance or bug-bounty system to handle such cases fairly and structurally, without emotional decisions.

🗳️ I vote NO to protect decentralization and responsible treasury management.

I’m registered as a DRep and ready to help shape the future of the ecosystem.
Optimistic about building the world’s largest digital community.
🖤 My DRep ID: ➡️ drep1y269ehxj30k4vfzfc2z84v0xykd3amuy2xn0kv9zf8rhcec2fg2jr
More info: https://t.me/PROCENT666/338

📢 Vote: Constitutional Committee Compensation Epochs 581–653

As a DRep, I vote — NO.

⚖️ My Reasoning

The proposed budget of ₳1,000,000 ADA (₳200,000 per CC member) is disproportionate to the actual scope of their work.
The Constitutional Committee performs a supervisory and legal function — verifying governance actions for compliance with the Constitution.
This is not development or product creation; it’s administrative work that doesn’t require full-time commitment or large team resources.

💬 Why I Vote NO

• ₳200,000 per member is 3–6× higher than typical DAO compensation (₳30–60k per year).
• There are no public reports showing real workload or hours of CC activity.
• Rewards should be proportional to contribution and transparently justified.
• Such excessive spending weakens the sustainability and trust of the Cardano Treasury.

💡 My Proposal

• Reduce compensation to ₳30,000–₳60,000 per member per year.
• Introduce a measurable CC activity metric — number of reviewed proposals, meeting participation, and published reports.
• Preserve fair reward principles but maintain balance, transparency, and strict auditing.

🗳 I vote “NO” on the Constitutional Committee Compensation Epochs 581–653 proposal.
💬 My DRep ID: ➡️ drep1y269ehxj30k4vfzfc2z84v0xykd3amuy2xn0kv9zf8rhcec2fg2jr

I’m registered as a DRep and ready to help shape the future of the Cardano ecosystem.
Optimistic about building the world’s largest decentralized community. 🖤
More details here: https://t.me/PROCENT666/338

📢 Voting Report: CARDANO CONSTITUTION v2.3

As a DRep, I took part in the vote to update the Cardano Constitution to version v2.3.

✅ My Choice: “YES”

I voted YES because I believe this update is an important step to simplify and strengthen the governance system.

📌 Justification

1. Simplified rules

   • Outdated “expectations” and “codes of conduct” for DReps and SPOs have been removed.
   • The Budget Info Action mechanism was eliminated, reducing bureaucracy.

2. Clearer definitions

   • Precise legal terms were added: Active Voting Stake, DRep, SPO, Net Change Limit, Treasury Withdrawal Recipient, etc.
   • This removes ambiguity and ensures consistency.

3. Treasury transparency and accountability

   • All treasury withdrawals now require audits and reporting.
   • This boosts delegator trust and strengthens the DRep role.

4. Immutability of documents

   • Proposals are now immutable once published.
   • As a DRep, I can be sure I’m voting on exactly what the community sees.

5. Broad community support

   • Constitution v2.0 saw 86.23% DRep participation.
   • v2.3 incorporates their feedback and makes the framework even clearer and more practical.

⚖️ Conclusion

For me as a DRep, this update is beneficial — it streamlines processes, provides clarity, and strengthens trust in governance.

🖤 My DRep ID: ➡️ drep1y269ehxj30k4vfzfc2z84v0xykd3amuy2xn0kv9zf8rhcec2fg2jr
More details: link

📢 Voting “YES” to fund GovTool — Cardano’s core governance tool
#Cardano #Governance #DRep #мысляотэдгара

🗳 A Treasury Withdrawal proposal is live to allocate ₳1,150,000 for 12 months of active maintenance and development of GovTool.

GovTool is the essential platform for Cardano governance, enabling us to:
🔹 Register and become DReps
🔹 Delegate votes
🔹 Vote on proposals
🔹 View transparent results

🧠 Why I voted “YES”:

• I personally use GovTool daily — it’s my main tool as a DRep.
• Continued funding ensures stability and feature development.
• Funds cover infrastructure, hosting, testing, and new features (like DRep voting history and group DReps).
• This protects Cardano governance from fragmentation and reliance on closed, private platforms.

⚖️ As a DRep, this tool is vital for my work, and I see it as my duty to support its growth.

🟢 That’s why my vote is YES.

🗳 My DRep ID:
➡️ drep1y269ehxj30k4vfzfc2z84v0xykd3amuy2xn0kv9zf8rhcec2fg2jr
📌 More details: https://t.me/PROCENT666/338

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Here’s a solid comment you can attach to your vote:

"I vote YES because a clear and community-backed vision is essential for Cardano’s long-term growth. Moving this discussion on-chain ensures transparency, legitimacy, and accountability. Supporting the 2030 strategy aligns with my role as a DRep to strengthen Cardano’s future."

📌 Stablecoin DeFi Liquidity Budget: My Decision as a DRep

🔎 Proposal Summary

On September 16, 2025, a vote was initiated for a 50,000,000 ADA budget from the Cardano Treasury.
The funds are planned to be used for:

• converting ADA into fiat-backed stablecoins (USDC, USDT, USDM, USDA),
• providing liquidity to DEXs and lending protocols,
• creating a legal framework and a smart contract to manage the fund,
• forming a pool managed by a 9-person committee with oversight from the tDAO (dReps).

Goals:

• reduce stablecoin slippage by at least 50%,
• provide users with easier on/off-ramps into the ecosystem,
• attract market makers and developers,
• return part of the revenue (15%) back to the Treasury.

⚠️ The Problem

The requested amount is 50M ADA.
That is almost 3% of the entire Treasury. At the current ADA price (~$0.9), that equals roughly $45 million.

Risks:

• centralized control in the hands of 9 people,
• vulnerabilities in smart contracts or DeFi protocols,
• offshore legal structures where funds can easily “disappear,”
• ADA in this fund will not be staked (constitutional restriction),
• even partial loss of such an amount would be a serious blow to the Treasury.

✅ My Proposal

The idea is right — deep stablecoin liquidity is necessary for Cardano DeFi growth. But the implementation must be gradual and safe.

• Start with a pilot phase at 0.25–0.5% of the Treasury (≈4–8M ADA).
• Define KPIs: reduced slippage, higher trading volume, revenue generation.
• Require:
  • external audits,
  • transparent reporting,
  • storage of all LP tokens in the smart contract.
• After 3–6 months of proven success — consider scaling up the budget.

🗳️ My Vote

I am voting AGAINST the current version (50M ADA).
Reason: the amount is excessively large and dangerous for the Treasury in case of mismanagement or abuse.

My position:

• I support the idea, but the budget must be significantly smaller.
• With a reasonable amount, this initiative can benefit the ecosystem without threatening the Treasury.

📢 My Comment in the Vote

“I support building stablecoin liquidity on Cardano, but 50M ADA is far too large and risky. I propose starting with a 4–8M ADA pilot and then scaling up if results are positive. Therefore, I vote AGAINST the current amount.”

🖤 My DRep ID: ➡️ drep1y269ehxj30k4vfzfc2z84v0xykd3amuy2xn0kv9zf8rhcec2fg2jr
You can also find me under the name MREDGARCROSS.

I have registered as a DRep and I am ready to help shape the future of the ecosystem.

• I am optimistic about building the largest digital community in the world.
  More details here 👉 https://t.me/PROCENT666/338

English version:

I am voting No on this proposal. My position is clear: I am not interested in meme projects. This initiative focuses on the promotion of a meme token rather than technological innovation or infrastructure development for Cardano. I do not see long-term value for the ecosystem in funding such activities from the Treasury. Cardano governance should prioritize real technology, adoption, and sustainable growth — not memes.

Русская версия:

Я голосую Против данного предложения. Моя позиция проста: мем-токены мне не интересны. Данный проект направлен на продвижение мем-монеты, а не на развитие технологий или инфраструктуры Cardano. Я не вижу в этом долгосрочной ценности для экосистемы и не считаю целесообразным расходовать средства Казначейства на подобные цели. Голосование должно поддерживать настоящие технологии, внедрение и устойчивый рост, а не мемы.

🇷🇺 Русский
«Голосую “За”, так как поддерживаю стратегию развития Cardano в Океании. Этот план усиливает глобальную децентрализацию, укрепляет устойчивость сети и создаёт новые возможности для сообществ и проектов по всему миру.»

🇬🇧 English
“I vote ‘Yes’ because I support the Cardano growth strategy in Oceania. This plan strengthens global decentralization, enhances the network’s resilience, and creates new opportunities for communities and projects worldwide.”

Краткосрочно: Увеличение
𝐾
K до 1000 может немного снизить доход от стейкинга, так как доходы распределятся на большее количество пулов. Инвесторам придется искать менее насыщенные пулы, чтобы получить максимум вознаграждений.

Долгосрочно: Более высокая децентрализация может положительно повлиять на цену ADA. Большое количество пулов улучшает безопасность и устойчивость сети, что делает её более привлекательной для инвесторов и может способствовать росту цены монеты в будущем.

Вот сокращенная версия текста с учётом лимита:

"Я голосую ЗА, поскольку считаю, что инициатива укрепляет основные ценности Cardano и напоминает о важности децентрализации и сотрудничества. Под руководством Чарльза Хоскинсона и усилиями всех участников экосистемы мы достигли значительных успехов, и я поддерживаю стремление сохранить дух сообщества. Укрепление нашего единства и общих целей позволяет двигаться вперед, а такие действия показывают, как важно сохранять сплочённость. Я верю, что