On-chain governance action (Treasury Withdrawals).
This proposal is to establish an independent entity dedicated to managing open source sustainability funds for the Cardano ecosystem.DAOs and traditional foundations are often too vulnerable to political influence, lack execution speed, and can become centralized in ways that distort outcomes based on internal politics. These issues can undermine priorities and weaken long-term initiatives.
To address these problems, I am proposing a purpose-built independent structure — an execution function, not an executive one. This program has a single, clearly defined purpose set by its charter, and the community can shut it down at any time through governance without having to wait for the funds to run out.I am requesting funding for one year. I left a stable, well-paying job to focus on doing this properly, and I believe my track record in the ecosystem speaks for itself.
During this period, I will directly manage the fund while deliberately avoiding overlap with existing funding programs.The structure will remain fully accountable to governance. DReps will have the ability to replace me or sunset the entire initiative at any time through an on-chain Info Action. I commit to sponsoring any such Info Action if requested by 15 or more DReps.To ensure proper legal and financial operations, I have already engaged a law firm to establish a public charity through which the majority of funds will flow. This step cannot be completed without initial capital. Once established, the law firm will handle formal auditing in addition to the transparent financial tracking I will maintain.
- Proposer return address:
stake1ux0c30wl03hhvdjgxp55asvjrqgqf3yay4lyxggz595h74ctf9x2k - Deposit: 100,000 ₳
- Submitted: epoch 641
- Expires: epoch 648