On-chain governance action (Treasury Withdrawals).
This proposal seeks a 5,000,000 ada budget loan from the Cardano Treasury to fund the Cardano Global Listing Expansion, a strategic initiative led by the Snek Foundation to list SNEK on top-tier centralized exchanges, retail brokers, and trading platforms. This proposal is the first-ever loan-based treasury withdrawal in Cardano governance, introducing a new model of accountability where funds are not given as grants but repaid with interest.As part of the governance process, a Board of Advisors will be appointed to ensure transparent execution and maximize ecosystem alignment. This board will include high-profile industry veterans like Tal Cohen (former CEO of Kraken), Phillip Pon (CEO of Emurgo), Fahmi Syed (President of Midnight Foundation), and Frederik Gregaard (CEO of Cardano Foundation), with additional top-tier names to be announced.*SNEK is the largest community token on Cardano, holding the highest market capitalization, over 42,000 wallets, and m
- Proposer return address:
stake1uy5wxkqpezym2esqkgvw9yyqyd0rzuhkm206q6cddcxtqjgehj9ty - Deposit: 100,000 ADA
- Submitted: epoch 590
- Expires: epoch 597