Rodrigo-[CHIL]

Bifrost: Unlocking Bitcoin DeFi on Cardano — Road to Mainnet (Phase 1 of 2)

Blockfrost's transformation to not-for-profit

Withdraw 1,310,960 ada for Hardware Wallet Maintenance 2026

Alchemy by Sundial x Charms: Cardano-Native Bitcoin Treasury Protocol

Net Change Limit: Cardano Treasury (Epochs 613-713)

Withdraw 3,961,538 ada for Bringing Real-World Payments to Cardano with Wirex

Withdraw 1,162,746 ada for MLabs Core Tool Maintenance & Enhancement: Plutarc...

Withdraw 1,193,000 ada for Intersect Technical Steering Committee Support

Withdraw 25,400,000 ada for Intersect: Governance coordination and technical ...

Cardano Builder DAO

Global Order Book connect Cardano DeFi to increase transaction

Scalus 2026: Maintenance, Dijkstra Readiness, Interoperability & Application Runtime

Withdraw 4,969,231 ada for Cardano Enterprise Adoption: Ticketing Platform

Withdraw 3,810,423 ada for Mithril Protocol

Withdraw 540,750 ada for Oura by TxPipe: Maintaining Cardano’s Event Pipeline

Withdraw 540,750 ada for Pallas by TxPipe: Maintaining Cardano's Core Rust Li...

Withdraw 540,750 ada for by TxPipe Dolos: Maintaining Cardano's Lightweight D...

Withdraw 1,684,050 ada for Tx3 by TxPipe: Open API Layer for Cardano's dApp P...

Withdraw 540,750 ada for UTxO RPC by TxPipe: Maintaining Cardano’s Integratio...

Se7en Labs: Daedalus Wallet Maintenance and Improvements 2026-2027

Strike Finance Liquidity Deployment

IO: Hydra

I vote YES. Eternl has a meaningful impact on the Cardano ecosystem, and supporting its transition toward a sustainable business model is important. The proposal provides a reasonable path to keep a key wallet maintained while moving toward self-sufficiency.

I think we should move forward with this hard fork. Thanks to all the teams involved.

IO: Hydra

Reimburse Ikigai Info Governance Action Deposit.

Reduce the committeeMinSize parameter from 7 to 5

Tweag Core Cardano Infrastructure: Treasury Withdrawal 2026–2027

Update Plutus Cost Models

Rare Evo and Dev Gov Day 2026: Cardano Title Sponsorship

Cardano Critical Integrations V2

5am.earth Trust Layer Targeting Vision 2030 KPIs

Cardano Vision 2026: Human Centred, Scalable, Post Quantum Secure - IO Research

Eternl: Path to Sustainability (2026-2027)

Scalus: Cardano’s Application Platform for Building, Launching, and Scaling

[OriLife × TonFarm] Identifying 180 Million Durians Without Physical Labels

Cardano dOSPO and OMF Program

IO & VacuumLabs: Enhancing Plutus - Performance, Correctness, and Usability

Blockfrost: Maintenance and Next Generation Indexing

The first node in the browser; a Cardano USP

Pebble & Ecosystem maintenance: TypeScript core of Cardano

Tweag Core Cardano Infrastructure: Treasury Withdrawal 2026–2028

Cardano at TOKEN2049 Singapore 2026: Top-Up ‘Title’ Sponsorship Upgrade

Cardano at TOKEN2049 Singapore 2026: Baseline ‘Platinum' Sponsorship Proposal

Revised Cardano Summit 2026 Singapore

Pogun: Capital Without Compromise

IO & Midgard Labs: L2 Scalability Initiative

IO: Cardano High Assurance Technical Collaboration

IO & Ensurable Systems: Cardano Maintenance Initiative

IO: Consensus Initiative

IO: Cardano Upgrades

IO: Developer Experience Initiative

Cardano Summit 2026 and TOKEN2049 Singapore

Pebble + Gerolamo - HLabs 2026 Budget

Approve Cardano Foundation as New Managing Entity of Project Catalyst

Propuesta sin título

Cardano Defi Liquidity Budget - Withdrawal 1

Dingo: a Production-Grade Block Producer in Go by Blink Labs

Cardano Budget Process Framework (facilitated by Intersect)

Amaru Treasury Withdrawal 2026

Net Change Limit of 300 Million ADA for Epochs 613–713

Reduce minimum Constitutional Committee size (committeeMinSize) from 7 to 5

Cardano DeFi Liquidity Budget - Withdrawal 1

Increase Transaction and Block Memory Units (Part 1 of 2)

Name Protocol Version 11 hard fork - van Rossem

Net Change Limit (Epoch 613 to Epoch 713)

DeltaDeFi: Hydra Trading Infrastructure Budget (₳1,500,000)

CARDANO BLOCKCHAIN ECOSYSTEM CONSTITUTION v2.4

Cardano 2030: Vision, Mission, Strategy Framework and KPIs

Add Constitutional Committee Member - Christina

Add Constitutional Committee Member

Withdraw ₳70,000,000 for Cardano Critical Integrations Budget

2025 Net Change Limit Extension

Cardano Critical Integrations Budget

CARDANO BLOCKCHAIN ECOSYSTEM CONSTITUTION v2.3

Constitutional Committee Compensation Epochs 581-653

Abstain

Mochiron!

I changed my vote from “No” to “Yes” because I misread the type of action.

it seems incomplete

Abstain. I support the team, but the loan as written is too risky for the Treasury: unsecured, near-staking APR (2.44%), delayed amortization, and single large disbursement. Suggest a smaller pilot (₳600k–₳1M) with collateralized, KPI-based tranches and earlier repayments (or higher APR/revenue-share).

I think its a good attempt to improve but i think this update of the constitution needs to be develop by the community. not by a small group, with all the respect for their times and efforts!

I will abstain from this vote because i think the idea its good and there is power in the snake community but it can be improve a little bit more. im confident in your skill to evolve as a community. Best of Luck

I have change my mind after reading more into their work, i still think its really expensive but i have also to recognize the service they provide.
with good faith and with respect i will change my vote to yes from my original response.

After careful consideration, I would like to register my abstention. While I acknowledge that the proposal addresses a genuine ecosystem need and offers a valuable framework, I believe that certain elements require further refinement to secure broader support.

Specifically, I would appreciate additional detail on:

Eligible DeFi protocols – Which projects will qualify for the liquidity budget, and what selection criteria will the committee apply?

Dashboard specifications – Which metrics and features will the tracking tool include to guarantee full transparency and robust oversight of deployed funds?

I look forward to these clarifications so that I may revisit my position with a more comprehensive understanding.

While I support the idea of reducing the Net Change Limit to 250M ADA, I believe there are still key elements missing for us to have a fully informed discussion on this matter.

At this stage, we lack a clearly defined roadmap for budgeting, spending priorities, and long-term treasury strategy. Without this context, setting a strict limit could be premature or disconnected from the actual needs and goals of the ecosystem.

That said, I appreciate this governance action as a temperature check — an important step to raise awareness and spark community reflection. It highlights how much work we still need to do to build a solid foundation for treasury management.

In short, while I agree with the proposed adjustment to 250M ADA, I see this not as a final decision, but as an opportunity to initiate the broader conversation we still need to have.

I fully support the roadmap because it addresses critical areas that will shape the future of Cardano.

Scaling layer 1 is essential to accessing new markets. If we can overcome the challenges of increasing speed without sacrificing security or decentralization, Cardano will be in a strong position to compete at a global level.

Enabling DeFi for Bitcoin through Cardano is a brilliant idea. Bitcoin has massive liquidity, and allowing it to interact with decentralized finance on Cardano will open up entirely new opportunities for the ecosystem.

Midgard is a must, and Hydra needs to continue progressing. High-throughput, low-fee solutions are crucial for the usability of Cardano, and both of these technologies are key to that goal.

Peras is vital for transactions involving stablecoins and business adoption. In real-world business applications, transaction finality is a core security requirement. Faster confirmation times will make Cardano a much more attractive option for merchants and institutions.

Improving the developer experience is critical. More developers mean more dApps, and maybe even the birth of a unicorn startup within the Cardano ecosystem. We need better tooling, APIs, and documentation to lower the barrier to entry and encourage innovation.

We need to focus on DeFi in Cardano, especially stablecoins, Soulbound Tokens, and DIDs (decentralized identities). These are foundational pieces for financial and identity applications that can bring real-world adoption.

Diversifying node implementations is great, but it’s a massive task. There are excellent teams working on this, but it requires a lot of effort and coordination to ensure security and compatibility across implementations.

Regarding incentive improvements, before voting on changes, I’d like to have clarity on the hardware specifications required to run Leios. We need to understand the real impact on stake pool operators before modifying incentive structures.

A0 is important for the protocol, but it could become a trigger for centralization of computing power. Ensuring regional diversity is also a form of security, and we need to consider that when discussing protocol-level changes.

Reducing the Treasury tax from 20% to 10% makes sense because Cardano’s growth depends on economic activity, not hoarding ADA in a treasury that already has more than enough.

Right now, the Treasury holds ₳1.67B, and even with the tax cut, it will keep growing, reaching ₳2.2B in 10 years at 10%. That’s a massive amount, and we’re not even considering the ADA that sits unused.

Imagine a town where 20% of every paycheck goes into a community fund. Over time, the fund grows so much that it has way more money than it can even spend on schools, roads, and hospitals, while businesses and workers have less capital to invest and grow.

Now, what happens if the tax drops to 10%?

• The fund still grows, just at a more efficient pace.
• People and businesses have more to work with, driving investment and economic activity.
• With more transactions and growth, the fund ends up collecting even more money over time.

That’s exactly what’s happening with Cardano. The Treasury is well-funded, and keeping the tax too high just slows down growth. The priority should be getting more people staking, boosting DeFi, and increasing network activity, not just stockpiling ADA forever.

If we leave the tax at 20%, we make staking less competitive, slow down DeFi adoption, and limit ecosystem growth. Meanwhile, other blockchains keep expanding because they make it easier for users and developers to engage.

The problem isn’t having a full Treasury. The real problem is not putting those funds to work while limiting network growth.

A 10% tax keeps the Treasury strong, but allows the rest of the ecosystem to thrive. Staking gets a boost, DeFi grows faster, and Cardano stays competitive instead of just stockpiling ADA.

Reducir el impuesto de la Tesorería del 20% al 10% tiene sentido porque el crecimiento de Cardano depende de la actividad económica, no de acumular ADA en una tesorería que ya tiene más que suficiente.

Actualmente, la Tesorería tiene ₳1.67B, y con el recorte de impuestos seguirá creciendo, alcanzando ₳2.2B en 10 años con un 10%. Es una cantidad enorme, y ni siquiera estamos considerando el ADA que queda sin utilizar.

Imagina un pueblo donde el 20% de cada salario se destina a un fondo comunitario. Con el tiempo, el fondo crece tanto que tiene más dinero del que puede gastar en escuelas, carreteras y hospitales, mientras las empresas y los trabajadores tienen menos capital para invertir y crecer.

¿Qué pasa si el impuesto baja al 10%?

• El fondo sigue creciendo, solo que de forma más eficiente.
• La gente y las empresas tienen más dinero disponible, lo que impulsa la inversión y la actividad económica.
• Con más transacciones y crecimiento, el fondo termina recaudando incluso más dinero a largo plazo.

Esto es exactamente lo que pasa con Cardano. La Tesorería está bien financiada, y mantener el impuesto alto solo ralentiza el crecimiento. La prioridad debería ser atraer más participación en staking, impulsar DeFi y aumentar la actividad en la red, no simplemente acumular ADA sin usar.

Si dejamos el impuesto en 20%, hacemos que el staking pierda competitividad frente a otras cadenas, ralentizamos la adopción de DeFi y limitamos el crecimiento del ecosistema. Mientras tanto, otras blockchains siguen creciendo porque facilitan la participación de usuarios y desarrolladores.

El problema no es tener una Tesorería llena. El problema real es no poner esos fondos a trabajar mientras limitamos el crecimiento de la red.

Un 10% mantiene la Tesorería fuerte, pero al mismo tiempo permite que el ecosistema prospere. Staking recibe un impulso, DeFi crece más rápido y Cardano sigue siendo competitivo en lugar de solo acumular ADA.

I voted "yes" because I actively participated in various stages of the process, including the online CIP-1694 workshop and the Constitutional Workshops in Buenos Aires and Santiago. While it wasn’t perfect, it was a global effort. As a Chilean, I witnessed my country's attempt to rewrite its constitution, but seeking perfection left us stuck with the old one. Progress matters more than perfection, especially in a living process that will evolve. The vote of no confidence offers peace of mind—we