On-chain governance action (Treasury Withdrawals).
Preamble
The previous proposal, “Eternl: Path to Sustainability (2026-2027),” received NO votes from CC members due to a lack of clarity regarding audits.
This new proposal is essentially the same as the previous one and adds that clarification.
Previous Governance action:
gov_action1ngpqafax5rvp8lcgey4asvqtycrh4e56fwp8cn2r9trx2ysryhtsqdm3w3z
https://adastat.net/governances/9a020ea7a6a0d813ff08c92bd8300b26077ae69a4b827c4d432ac665120325d700
Key differences:
- Added clarification on Audit funds spending and oversight metrics, as requested in the CC vote rationales.
- Updated Ada to USD conversion rates
- Changed FAQ answer: Eternl DRep will abstain on this proposal
Clarification on FTEs:
Our price per FTE is $70,000 (compared to other proposals exceeding $200,000 per FTE). A reasonable lower bound rate. Our 6 FTEs are distributed across 10 people contributing to Eternl in various capacities, most of them part-time.
Abstract
Eternl is a non-custodial Cardano light wa
- Proposer return address:
stake1ux0uusq33auzyekl6x566a886ltgzw0n6l2nl9yv2fpe74gt48ert - Deposit: 100,000 ADA
- Submitted: epoch 637
- Expires: epoch 644