No Treasury Withdrawals until ADA > $3
Badges (5)
Concerned Cardano Citizen
Motivations
Founding entities have massive power over the ecosystem. They have an incentive to keep drawing treasury funds and provide less than optimal results. A natural hard-line opposition must be formed to counter the FE heavy voting power. Freedom to delegate/un-delegate to this dRep when the ADA price matches your treasury spending criteria is a self regulating voting with your wallet.
Qualifications
none
Payment address: addr1qxan...qqayq4jh
On-chain data as of 4d ago.
Forum activity (0)
No forum posts yet.
Voting stats
- Yes2 (4%)
- No52 (93%)
- Abstain2 (4%)
Voting history (56)
Show 51 moreShow less
NoNet Change Limit: Cardano Treasury (Epochs 613-713)RationaleActive11d ago
Voting HARD NO and advising all dReps to vote similar.
This will set bad precedent and pre-condition for immense treasury raiding.
Note who approves.
NoStrike Finance Liquidity DeploymentEpoch 644RationaleExpired1mo ago
I would love to vote yes on this if it was really a loan with proper collateral (it is one of my exceptions for a YES).
Unfortunately the proposal does not fit that criteria.
Best of luck
YesReimburse Ikigai Info Governance Action Deposit.Epoch 643changed from AbstainRationaleExpired1mo ago
This apparently needs explaining, but the concept of ownership is as follows - this amount does not belong to the treasury so it should be returned.
It is a clear exception to my dRep statement and mission to prevent excessive spending. Other possible exceptions for a YES vote are:
- Loans with BTC/Stable-coin collateral
- Burning treasury funds
- Setting NCL to the amount of YoY treasury income.
All the best and happy voting.
Earlier votes
Abstain1mo agoSuperseded
Yes1mo agoSuperseded
AbstainUpdate Plutus Cost ModelsEpoch 638changed from NoHistoryEnacted1mo ago
Earlier votes
No1mo agoSuperseded