DRep

Patrick_Tobler

drep1ygm9...6csq3s3t
40,028,321 ₳Voting power271Delegators0.77%Influence
Voting power trend<0.1%vs last epoch
39.5M ₳40M ₳Epoch 635Epoch 642
0.9%over 8 epochs

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Low Budget, Pragmatic Decisions, Focus on Adoption

Motivations

My motivation stems from a desire to see Cardano thrive as a commercially successful blockchain.

Qualifications

Founder & CEO of NMKR: Built the largest NFT minting and tokenization platform on Cardano, helping thousands of users and businesses onboard to Web3. This experience gives me insight into both technical implementation and the challenges of building commercially viable blockchain solutions. Technical Expertise: With a background in Computer Science and experience as a Cardano stake pool operator, I have a strong understanding of the technical underpinnings of Cardano. Business Acumen: As a developer turned entrepreneur, I bridge the gap between technical solutions and business needs, enabling me to evaluate proposals from multiple perspectives. I only vote on proposals where I have sufficient expertise.

Payment address: addr1q98q...ps79n8u9

On-chain data as of 2h ago.

Forum activity (0)

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Voting stats

130 votes
  • Yes 101 (78%)
  • No 21 (16%)
  • Abstain 8 (6%)
Rationale 74 of 130 votes with rationale 57%
Participation Voted on 111 of 120 concluded actions 93%

Voting history (130)

YesIO: HydraEpoch 642Ratified27d ago
Show 125 moreShow less
AbstainCardano Critical Integrations V2Epoch 639Enacted1mo ago
YesUpdate Plutus Cost ModelsEpoch 638Enacted27d ago
NoScalus: Cardano’s Application Platform for Building, Launching, and ScalingEpoch 637RationaleExpired1mo ago

As much as I'd love to see this funded because I believe its a great project, I simply can not support spending more money on technical infrastructure at this point.

NoCardano dOSPO and OMF ProgramEpoch 637RationaleExpired1mo ago

Even though I highly respect Christian and his expertise is in this area is undoubted, I simply cannot support this proposals right now from a strategic point of view. I believe we need more adoption focused proposals, less technical infrastructure funding. I hope this will be resubmitted soon though. It's a no vote, simply because of the limited overall budget. Not because this isn't a good proposal.

AbstainThe first node in the browser; a Cardano USPEpoch 636RationaleExpired1mo ago

I am thankful to Michele & the Hlabs team for splitting this proposal into two. I will be upvoting Pebble, because I believe it has a big chance of helping developer adoption of Cardano and will be downvoting Geralomo because I think its currently not necessary to fund another node after Amaru, Haskell Node, Dingo, C# Node, even if it is Typescript & can run in the browser. I would like the Hlabs team to focus their efforts on Pebble & other projects such as Gravity DEX which I believe could bring substantial traffic to Cardano and help in positioning it as a true DeFi chain.

NoTweag Core Cardano Infrastructure: Treasury Withdrawal 2026–2028Epoch 635RationaleExpired2mo ago

As much as we need faster finality on chain, this proposal is too expensive, planning for a too long time horizon and simply not what Cardano currently needs.

YesPebble & Ecosystem maintenance: TypeScript core of CardanoEpoch 635RationaleEnacted2mo ago

I am thankful to Michele & the Hlabs team for splitting this proposal into two. I will be upvoting Pebble, because I believe it has a big chance of helping developer adoption of Cardano and will be downvoting Geralomo because I think its currently not necessary to fund another node after Amaru, Haskell Node, Dingo, C# Node, even if it is Typescript & can run in the browser. I would like the Hlabs team to focus their efforts on Pebble & other projects such as Gravity DEX which I believe could bring substantial traffic to Cardano and help in positioning it as a true DeFi chain.

YesRevised Cardano Summit 2026 SingaporeEpoch 634Expired2mo ago
YesIO & VacuumLabs: Enhancing Plutus - Performance, Correctness, and UsabilityEpoch 634RationaleEnacted2mo ago

I believe this is a strong proposal. My only concern is that I do not understand from the provided documentation if this would then also be introduced to Cardano as an upgrade or if the funding of "IO & Ensurable Systems: Cardano Maintenance Initiative" is necessary for that.

NoIO: Cardano High Assurance Technical CollaborationEpoch 634RationaleEnacted2mo ago

While I absolutely see the value of this proposal & the community collaborators are strong, I believe this to be more of a "nice to have" than what we currently require for this ecosystem to succeed.

YesIO & Ensurable Systems: Cardano Maintenance InitiativeEpoch 634RationaleEnacted2mo ago

I feel unable to assess this proposal fairly. The amount is very high and seems unreasonable. But it seems to me that it's necessary so that development on Cardano doesn't halt completely.

YesIO: Consensus InitiativeEpoch 634RationaleEnacted2mo ago

Leios is very important to Cardano. That being said, the costs are very intransparent and by my estimates much over the typical 30% profit a software development agency would charge. That being said there's not really a choice here, we have to get Leios.

YesIO: Cardano UpgradesEpoch 634RationaleEnacted2mo ago

Not a fan of this Babel Fee implementation because we already have at least 2 competing babel fee solutions live on Cardano. But the Account Address Enhancement & Cardano Multi-Asset Treasury are big improvements.

That being said it's extremely overpriced. Still voting yes because we should implement these improvements.

NoIO: Developer Experience InitiativeEpoch 634RationaleEnacted2mo ago

I don't think this proposal is necessary at this time. And even if it was the costs are too high. Hire two good devrels for a year for 100k each and let them build a developer hub -> 250k USD.

YesPogun: Capital Without CompromiseEpoch 633RationaleExpired2mo ago

I believe this is a strong proposal and I'm a strong supporter of the Bitcoin DeFI Narrative on Cardano. The team seems strong and there is a very clear path towards a payback to the Cardano Treasury outlined, which is fantastic and exactly what we want to see.

I would've prefered this to be an equity component instead of a revenue share though, so that the project has a chance at future fundraising and hyperscaling.

AbstainBlockfrost: Maintenance and Next Generation IndexingEpoch 633RationaleExpired2mo ago

Due to my close affiliation with the Blockfrost Team I'm abstaining from this vote.

YesIO & Midgard Labs: L2 Scalability InitiativeEpoch 633RationaleExpired2mo ago

Hydra and Midgard are both quite valuable and important for this ecosystem, I also respect the project lead Sharan a lot. Masumi will be a user of Hydra. But it's disappointing that Midgard has no reported completed Milestones submitted for the last proposals - that being said, based on Phils statements the work has been done. I urge you to submit milestones though - doing the work is important but talking about work is also important.

YesCardano Summit 2026 and TOKEN2049 SingaporeEpoch 630RationaleExpired2mo ago

While the price is high, this is a good proposal and I do think the combination of Summit + Token2049 is a strong one.

YesPebble + Gerolamo - HLabs 2026 BudgetEpoch 628RationaleExpired3mo ago

I believe this is good for Node Diversity even though I am wondering what will happen now that the ADA price is way below the conversion rate in the proposal.

YesApprove Cardano Foundation as New Managing Entity of Project CatalystEpoch 626RationaleClosed3mo ago

Necessary to not interrupt existing funded proposals.

YesCardano x Draper Dragon: Orion FundEpoch 624Enacted3mo ago
YesAmaru Treasury Withdrawal 2026Epoch 621RationaleEnacted4mo ago

It's quite a high ask but I believe Amaru to be very critical & the team has shown in the past that they react to rising ADA prices in the right way - by sending ADA back to the Treasury.

YesNet Change Limit of 300 Million ADA for Epochs 613–713Epoch 618RationaleClosed4mo ago

I am changing my vote because I just realized the 350million proposal didn't go through & we are delaying the budget process a lot.

YesIncrease Transaction and Block Memory Units (Part 1 of 2)Epoch 614RationaleEnacted5mo ago

This proposal delivers a low-risk, well-benchmarked increase to Plutus memory limits that eases DApp development and improves on-chain throughput without changing cost models, security, or consensus guarantees. It stays fully within constitutional guardrails, has been validated on testnets, and represents a prudent, incremental step toward better scalability for Cardano.

Yes4b10e5793208cb8f228756e02113227c91602248eac4d992681a0ee760b6c4e2#0Epoch 614RationaleExpired5mo ago

Since the budget proposal has already been approved, the withdrawal should also be approved.

YesNet Change Limit (Epoch 613 to Epoch 713)Epoch 612RationaleClosed5mo ago

Unfortunately due to low ADA prices I believe this limit is high but adequate. We need to spend to accelerate, otherwise ADA price will continue to drop & we will run out of options in the future.

NoDeltaDeFi: Hydra Trading Infrastructure Budget (₳1,500,000)Epoch 610RationaleClosed6mo ago

While I do believe this is a good proposal by a very strong team, I want to encourage teams to figure out a way for treasury withdrawals like this to give some allocation of Tokens, Tokenized Equity or Revenue Share of the project to the Treasury. By approving this proposal, we'd set a bad precedent for allowing treasury withdrawals without expecting these kinds of commitments by the project.

NoCardano 2030: Vision, Mission, Strategy Framework and KPIsEpoch 608RationaleClosed6mo ago

The proposal has multiple good points & same bad ones too. First of all, I appreciate the effort of trying to "unify" the community behind one vision. The reality is that Cardano lacks this kind of vision. Realistically speaking there was a time when Cardanos traffic was mostly due to NFTs but focus was not shared by the founding entities & supported by most of the community. I believe if we would've a more joint vision back then, it would've helped Cardano a lot.

I also appreciate all the interviews that have been undertaking by the Product Committee, I went through the Gitbook to look at the companies and was pleasantly surprised to see names such as Maerki Baumann on there.

A point I definitely support is: "Actively manage the treasury & network economics actively: evolve from a passive pool to a yield-generating, multi-asset treasury, ensure L2s return value to L1, and SPOs are economically incentivised to secure the network over the long term."

Now what I don't like about this proposal is the relative lack of clarity. While yes, there are some focus points, it's still quite a wide range which almost makes it pointless.

In my opinion to really have a strong vision, we need a very simple and quick statement of a trend that Cardano is actually following that everyone can rally behind. Something like "Bitcoin L2" or "RWA Chain" or "Serious AI Chain".

That leads me two my second main critique point. Quote: "2. Create robust on-chain demand: focus on DeFi, RWA, supply chain, and payments, while making Cardano usage “invisible” for users and enterprises."

Focusing Cardano on RWA's does not make any sense. It's a lost battle. Yes, there can be RWA projects on Cardano but as of today there is almost none. All the big RWA players are on other chains. Why run after a trend we can not win?!

The same with Supply Chain. What Supply Chain projects does Cardano have? Almost none.

Another point: I see no mention of NFTs or AI in this proposal, rendering both of my main projects as outside the scope of the official Cardano Vision if the proposal gets passed. Yes, the time for NFTs might be over but still many of the biggest projects on Cardano that lead most of the transactions are/were NFT projects. Additionally, the only large Enterprise deploying Millions of Capital on Cardano right now does so for an AI project, which also is out of scope for this vision.

Now to the KPIs. The KPIs themselves are good, onyl 3 main KPIs, very clear & very focused. But the KPI goals are a bit strange. No idea where these numbers are coming from but I think the proposal would've benefitted more from focusing on tracking these KPIs, not on setitng random goals.

KPI targets without an owner are useless in my opinion.

Everything else is fine. But because I personally don't think this vision supports my own projects & what I'm focused on as a builder, I can not vote yes.

YesAdd Constitutional Committee Member - ChristinaEpoch 607RationaleExpired6mo ago

Christina seems to be experienced and I trust she will be a good constitutional committee member.

YesWithdraw ₳70,000,000 for Cardano Critical Integrations BudgetEpoch 606RationaleEnacted7mo ago

Even though I wish these costs were covered more by Emurgo & the CF, I do believe its an important proposal that should be passed urgently.

Yes2025 Net Change Limit ExtensionEpoch 604RationaleClosed7mo ago

It's required for the critical 70 million withdrawal.

YesCardano Critical Integrations BudgetEpoch 604RationaleClosed7mo ago

I would love to see some additional funds committed to this by the founding entities (mainly Emurgo & CF; not IO) but in general this is a good & important proposal that absolutely has to go through.

YesAdd Constitutional Committee MemberEpoch 602RationaleEnacted7mo ago

Urgent addition & followed a good process by INTERSECT. Definitely a yes from me.

YesSecuring Generic Top-Level Domains for the Cardano EcosystemEpoch 597RationaleClosed8mo ago

As an advisor on this, my vote is yes.

YesReimburse Ikigai Info Governance Action Deposit.Epoch 597RationaleClosed8mo ago

This should be a no brainer.

YesStablecoin DeFi Liquidity BudgetEpoch 589Closed8mo ago
YesBudget: ₳5M Loan for Cardano's Global Listing Expansion - Powered by SnekEpoch 587RationaleClosed10mo ago

I believe overall this is a net positive for Cardano. The SNEK team has learned from past proposals and improved the proposal positively. The structure as a loan makes a lot of sense.

I would like to see an exact amount of TX fees associated with SNEK transactions. All DEX transactions where SNEK is sold or bought added together basically.

YesReplace Interim Constitutional CommitteeEpoch 581Enacted10mo ago
AbstainWithdraw ₳750,000 for Cardano Product Committee: Community-driven 2030 Carda...Epoch 578RationaleEnacted11mo ago

While I believe this could lead to a positive outcome for Cardano, I don't see it as urgently required at this moment.

YesWithdraw ₳889,500 for Cardano Ecosystem Pavilions at ExhibitionsEpoch 578RationaleEnacted11mo ago

After understanding that this proposal is from Discover Cardano (which was sadly not part of the metadata), I'm changing my vote to Yes.

YesWithdraw ₳3,126,000 for Ecosystem Exchange Listing and Market Making service...Epoch 578RationaleEnacted11mo ago

At first I was sceptical of this proposal but after further reading, I have to say i'm impressed by the very clear definitions of eligible Tokens & Exchanges + budget outlines. Even though my own project is not part of it, I still believe this can be a great net positive for Cardano as a whole.

NoWithdraw ₳592,780 for Beyond Minimum Viable Governance: Iteratively Improvin....Epoch 578RationaleEnacted11mo ago

While I have a lot of respect for the vendors of this proposal, I'd like to prevent spending more money and energy on governance-focused initiatives like this for now and focus on adoption & applications instead.

NoWithdraw ₳605,000 for A free Native Asset CDN for Cardano DevelopersEpoch 578RationaleEnacted11mo ago

While this is a good proposal, I know very few projects are currently using the CDN so I don't think this is worth getting funded at this point in time. I hope this will change in the future.

YesWithdraw ₳3,000,000 for High-yield RWA Asset for Cardano: Tokenized Real EstateEpoch 577RationaleExpired11mo ago

After speaking with the team myself I think this is a net positive for Cardano.

YesWithdraw ₳1,500,000 for Complement Catalyst: Extended Quadratic Funding---Zer...Epoch 577RationaleExpired11mo ago

This is a worthy endeavour, even though the ask is quite high.

YesWithdraw ₳12,000,000 for Cardano Builder DAO administered by IntersectEpoch 577RationaleEnacted11mo ago

This request goes directly to active reputable startups in the space based on criteria that bring transactions to Cardano and fill blockspace. I do not understand why this is being administered by Intersect but hopefully next time this will be run by another Administrator.

YesWithdraw ₳6,000,000 for Unveiling the First Unified Global Events Marketing S...Epoch 577RationaleEnacted11mo ago

This is a good marketing proposal by multiple reputable entities but the amount of ADA requested is calculated at a very low ADA price. If funded the entities should return the additional ADA if price continuies to stay higher than the calculated price.

YesWithdraw ₳300,000 for Ledger App Rewrite administered by IntersectEpoch 576RationaleEnacted11mo ago

A reasonable ask for important tooling.

YesWithdraw ₳220,914 for Dolos: Sustaining a Lightweight Cardano Data NodeEpoch 576RationaleEnacted11mo ago

This is a net positive for Cardano with a reasonable ask.

YesWithdraw ₳1,161,000 for zkFold ZK Rollup administered by IntersectEpoch 576RationaleEnacted11mo ago

Funding diverse scaling & privacy solutions is important for the future of Cardano.

YesWithdraw ₳130,903 for Lucid Evolution Maintenance administered by IntersectEpoch 576RationaleEnacted11mo ago

Very important tooling that absolutely needs to get funded!

YesWithdraw ₳220,914 for UTxO RPC: Sustaining Cardano Blockchain IntegrationEpoch 576RationaleEnacted11mo ago

A reasonable ask for good tooling.

YesWithdraw ₳220,914 for Pallas: Sustaining Critical Rust Tooling for CardanoEpoch 576RationaleEnacted11mo ago

A reasonable ask for good tooling.

NoWithdraw ₳104,347 for MLabs Research towards Tooling for Elliptical Curves...Epoch 576RationaleEnacted11mo ago

This should be voted for via the next Catalyst round and has no immediate need that would warrant me voting otherwise.

YesWithdraw ₳314,800 for PyCardano administered by IntersectEpoch 576RationaleEnacted11mo ago

Good development tooling in a more accessible programming language.

YesWithdraw ₳199,911 for OpShin - Python Smart Contracts for CardanoEpoch 576RationaleEnacted11mo ago

An alternative programming language for Cardano Smart Contracts that I have had good experience with.

YesWithdraw ₳26,840,000 for Input Output Research (IOR): Cardano Vision - Wor...Epoch 576RationaleEnacted11mo ago

While I believe the ask amount is high, research is what made Cardano and should not be halted because of lack of funding.

YesWithdraw ₳4,000,000 for Expanding Stablecoin / Cardano Native Asset Support...Epoch 576RationaleEnacted11mo ago

While I would like to see Emurgo pay for this themselves, I still believe this will overall positively impact Cardano and thus I'm voting yes.

YesWithdraw ₳424,800 for Hardware Wallets Maintenance administered by IntersectEpoch 576RationaleEnacted11mo ago

Important tooling for hardware wallets.

YesWithdraw ₳6,000,000 for Cardano Summit 2025 and regional tech eventsEpoch 576RationaleEnacted11mo ago

The Summit is an outstanding event and important for bringing Enterprises to Cardano. But I do believe that the Cardano Foundation should fund it themselves. I would hate to see us miss out on having a summit because the board of the CF is not willing to do so though, that's why I'm voting yes and I sincerely hope the CF will reconsider their choice to fund it themselves next year!

NoWithdraw ₳15,750,000 for a MBO for the Cardano ecosystem: IntersectEpoch 576RationaleEnacted11mo ago

While I appreciate the work that has been done by Intersect, the requested amount is much too high for a new MBO, especially when Cardano already already has 3 established large founding entities that could work as Administrators as well. This amount of funding is much more than most Cardano Startups have ever received and put into the wrong place in my opinion. I would like to see Intersect restructure this and come back with a more reasonable ask.

Also: What happens to all the 38 other proposals if this one does not get funded? I hope another founding entity will step in as Administrator.

Normally this proposal should've been the first to be submitted before Intersect commits to being an Administrator.

AbstainWithdraw ₳212,000 for AdaStat.net Cardano blockchain explorerEpoch 576RationaleEnacted11mo ago

This should be a Catalyst Proposal instead or at least be grouped under another proposal such as e.g. the Builders DAO.

YesWithdraw ₳1,300,000 for Blockfrost Platform community budget proposalEpoch 576RationaleEnacted11mo ago

Decentralising Blockfrost is an important and good step for the whole Cardano ecosystem.

YesWithdraw ₳266,667 for Cexplorer.io -- Developer-Focused Blockchain Explorer...Epoch 576RationaleEnacted11mo ago

A reasonable ask for an important ecosystem project used by thousands of people.

YesWithdraw ₳657,692 for Scalus - DApps Development PlatformEpoch 576RationaleEnacted11mo ago

Scalus is good tooling that is currently underused by devs in Cardano. I would like to see it keep getting developed.

YesWithdraw ₳583,000 for Eternl Maintenance administered by IntersectEpoch 576RationaleEnacted11mo ago

Eternl is an integral part of this ecosystem and one of the most used wallets, this is an very important withdrawal.

YesWithdraw ₳700,000 for ZK Bridge administered by IntersectEpoch 576RationaleEnacted11mo ago

I believe this is a worthy endeavour, should be funded by Catalyst instead though.

YesWithdraw ₳11,070,323 for TWEAG's Proposals for multiple core budget project...Epoch 576RationaleEnacted11mo ago

While its a very big ask, this is an important step to continue Cardano core development.

YesWithdraw ₳243,478 for MLabs Core Tool Maintenance & Enhancement: PlutarchEpoch 576RationaleEnacted11mo ago

A reasonable ask for important tooling.

YesWithdraw ₳578,571 for Gerolamo - Cardano node in typescriptEpoch 576RationaleEnacted11mo ago

A very reasonable ask for an alternative Cardano Node implementation.

YesWithdraw ₳5,885,000 for OSC Budget Proposal - Paid Open Source Model...Epoch 576RationaleEnacted11mo ago

I believe this is a fantastic & important withdrawal to keep Cardano Open Source tooling growing.

YesWithdraw ₳600,000 for Complete Web3 developer stack to make Cardano the smart...Epoch 576RationaleEnacted11mo ago

Maestro is a well known Cardano infrastructure project with a good track record, enabling them to create better Tooling for Cardano/Bitcoin interactions would be a net benefit to Cardano.

YesTempo for Cardono Governance - Maintenance & Development Budget for 2025Epoch 576RationaleClosed11mo ago

The amount is fair & the proposal specifies an Administrator. So it's a yes from me, for the "tempo"-check. Looking forward to more details in the actual proposal.

YesWithdraw ₳45,217 for MLabs Core Tool Maintenance & Enhancement: Cardano.nixEpoch 576RationaleEnacted11mo ago

Valid and important toolset that deserves to be funded.

YesWithdraw ₳99,600 for BloxBean Java Tools Maintenance and EnhancementEpoch 576RationaleEnacted11mo ago

This is a very fair ask and worth the money.

YesWithdraw ₳69,459,000 for Catalyst 2025 Proposal by Input Output: Advancing De...Epoch 575RationaleEnacted11mo ago

Project Catalyst has been one of the pillars of community funding. Important yes.

YesWithdraw ₳96,817,080 for 2025 Input Output Engineering Core Development ProposalEpoch 575RationaleEnacted11mo ago

While I believe its an unreasonably high ask, it's extremely important to fund this to not halt any further Cardano development.

YesWithdraw ₳2,162,096 for Midgard - Optimistic Rollups administered by IntersectEpoch 575RationaleEnacted11mo ago

One of the most important scaling solutions in development, clear yes.

NoCardano GovTool Budget - 12 months full active maintenance and developmentEpoch 574RationaleClosed11mo ago

I believe the requested funds are too high.

YesAmaru Treasury Withdrawal 2025Epoch 571Enacted1y ago
Yes2025 Cardano NCLEpoch 561Closed1y ago
No2025 Net Change LimitEpoch 554Closed1y ago
YesNet Change Limit: Cardano Treasury (Epochs 613-713)RationaleActive7d ago

Fund Growth.

YesCardano Builder DAOActive10d ago