Stablecoin DeFi Liquidity Budget
220 DReps voted · 88 with a rationale · 10 changed their vote
Open a row to read the rationale.
- Abstain24.8K ₳No rationale
- Yes23.4K ₳Rationale
We need stable coin liquidity
We need stable coin liquidity
- Yes15.2K ₳No rationale
- Yes12K ₳No rationale
- No10.6K ₳Rationale
I don't like this proposal, so I vote no
- Yes8.1K ₳No rationale
- Yes7.8K ₳No rationale
- Yes6.7K ₳No rationale
- Yes5.3K ₳No rationale
- Yes3.6K ₳No rationale
- Yes2.4K ₳No rationale
- Yes2.1K ₳No rationale
- Yes1.2K ₳Rationale
I’ve been following the push for ADA stablecoin growth via funding it from the treasury for quite some time now, and I genuinely believe this is exactly the kind of boost we need. Deep initial liquidity is necessary in the grand scheme of what ADA stands for — not paying centralized entities for insider relief, but funding revolutionary progress ourselves. I think with this push, stablecoin liquidity can reach a self-sustaining level, and that’s the whole point: building something that lasts without reliance on outside control.
The 9-person committee is a great idea, and so is the system of checks and balances where dReps can veto members, or freeze and return funds to the treasury if fraud or corruption ever occurs. That kind of accountability is essential to avoid the same failures that have taken over traditional systems.
What I don’t like is the idea of paying dReps or turning governance roles into something people pursue for profit. That’s exactly how old-world governments became corrupted — people running for power because it pays, not because it serves. If some compensation is truly necessary due to the burdens described in the proposal, then so be it — but I would strongly prefer it be done only after responsibilities are fulfilled, not promised upfront.
I also appreciate that this proposal isn’t just about throwing liquidity at the problem, it’s building actual infrastructure with legal protections, transparency requirements, and a smart contract framework the community can reuse in the future. This proposal respects constitutional limits, keeps all assets trackable on-chain, and requires public reporting every month, showing that this isn’t reckless spending but rather a strategic investment with guardrails.
This is how we attract serious builders and market makers: not through speculation, but through dependable liquidity and deep markets.
In the end, this isn’t just funding, it’s an evolution of how Cardano governs itself. If we get this right, we prove that a decentralized treasury can act with the precision of an institution, but without becoming one. That’s the difference between repeating old systems and rebuilding them. - Yes684.4 ₳No rationale
- No509 ₳No rationale
- Yes335.3 ₳No rationale
- Yes17.8 ₳No rationale
- Abstain0 ₳No rationale
- Yes0 ₳No rationale
- Yes0 ₳No rationale