Global Order Book connect Cardano DeFi to increase transaction

On-chain governance action (Treasury Withdrawals).

This proposal requests 3,333,000 ADA (3,300,000 ADA for delivery and 33,000 ADA for the 1% budget administration fee) for Dano Finance to accelerate the DeFi Kernel as an open standard for shared liquidity, on-chain financial intents, and global order-book coordination on Cardano.

Cardano DeFi is still fragmented. DEXs, lending protocols, options protocols, marketplaces, and future synthetic asset systems often operate as separate liquidity silos. The DeFi Kernel addresses this by defining a common standard where compatible smart contracts are permissionless, composable, and discoverable: users can write or fill orders without a privileged batcher, contracts publish clear datum/redeemer schemas, and orders can be found through on-chain mechanisms such as CIP-89 beacon tokens, deterministic addresses, or other tagging methods.

Dano Finance will support DeFi Kernel adoption by improving the public defikernel.org platform and registry so any Cardan

• Proposer return address: stake1u8453de8xhhqa9c4ftvylkke8we84tmaq5hz75qwfgaaf2qac45ja
• Deposit: 100,000 ₳
• Submitted: epoch 640
• Expires: epoch 647

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I agree with others that have well written rational that this proposals bundles a public good, which should be treasury funded, with 2 commercial products for Danogo which would be built upon the public good. Those products while potentially valuable should be financed with risk based money, not public money.

I suggest to the team splitting these apart and submitting the public good only for treasury funding.

Note: I will be specifically looking for included padding in such a proposal or hidden funding for the commercial product. Such behavior would cause me to vote no on such a proposal and prejudice any future funding requests from Danogo.