Withdraw ₳592,780 for Beyond Minimum Viable Governance: Iteratively Improvin....

System 11mo ago1post

211 DReps voted · 60 with a rationale

Open a row to read the rationale.

  • Yes 592.3M ₳ No rationale
  • Yes 428.5M ₳ Rationale

    I will vote as necessary to help Cardano grow into a platform that supports the economic identities of billions of people. This proposal charges a fair price to achieve what is needed to achieve that.

    There are no significant matters that affect the neutrality of my decision-making.

    Detailed rationale and the improvements I would like to see made to the proposal are attached in the following spreadsheet "TW vote #01" or PDF.

    Specifically with regards to bundled proposals, next time I would request that one of the following be implemented:

    1. Bundled proposals should be subject to a temperature check vote for each item.
    2. I would like bundled proposals to be verified or created by entities, consortia, or individuals selected by the DRep.

    Spreadsheet:
    https://docs.google.com/spreadsheets/d/1M8JAuAntJOa7Z6j3GfC2hWFl4kbZLkzEel_cN4-kymw/edit?usp=sharing

    PDF:
    ipfs://bafkreianp5xhbo3ojlxqjjah4kyimr6u62uwnxd2t3lwwu3qmpn4jf4n5a

    私はCardanoが数十億人の経済アイデンティティを支えるプラットフォームへ成長していくために必要な投票を行います。この提案書は、それを達成するために必要な事項を実現するための正当なコストを請求しています。

    私の意思決定の中立性に影響を与える重大な事項はありません。

    根拠の詳細と、提案書について私が改善して欲しい点は、次のスプレッドシートの「TW vote #01」またはPDFに添付されています。

    特に、バンドル型提案書に関しては、次回は、次のいずれかが実施されることをリクエストします。

    1. バンドル型提案書は、内訳別の温度チェックの投票を行うこと。
2. バンドル型提案書は、DRepにより選出されるエンティティやコンソーシアムや個人により、検証または作成されるようにして欲しいと思います。

    Spreadsheet:
    https://docs.google.com/spreadsheets/d/1M8JAuAntJOa7Z6j3GfC2hWFl4kbZLkzEel_cN4-kymw/edit?usp=sharing

    PDF:
    ipfs://bafkreianp5xhbo3ojlxqjjah4kyimr6u62uwnxd2t3lwwu3qmpn4jf4n5a

  • Abstain 328.3M ₳ No rationale
  • Yes 297.4M ₳ Rationale

    Summary
    EMURGO as DRep votes YES on the governance action to fund Beyond Minimum Viable Governance: Iteratively Improving on Cardano Voltaire based on the rationale provided below.

    Rationale
    This proposal fills a critical gap in Cardano’s governance by introducing a structured, data-informed process to evaluate and improve how decisions are made. As governance becomes the core differentiator between Cardano and other blockchain ecosystems, continuous reflection and iteration are essential.
    IOG’s leadership in delivering foundational governance frameworks like CIP-1694 and the Constitution lends strong credibility to this initiative. The proposal’s methodical approach that combines research, community feedback, and practical recommendations positions it as a high-impact enabler for long-term Cardano governance maturity.

  • Yes 240.8M ₳ No rationale
  • Abstain 221.8M ₳ Rationale

    TL;DR: EDC voted:

    gov_action18nefry4qacd80xzs2srjahxm2e4vz3c8wvrr03rrtk8mdqfuknysq66459t: YES
    gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlqkqx0ecg: YES
    gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlq5nrw6t9: YES
    gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlqj0vdlhj: YES
    gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlqsufvuyl: YES
    gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlqwtnrdnx: YES
    gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlqvckzwqt: YES
    gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlq2yeptuu: YES
    gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlqghuqg03: YES
    gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlqx488pdm: YES
    gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlqyxzxz7k: YES
    gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlqz6d98zp: YES
    gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlqqfgyy3v: YES
    gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlzgf074ea: YES
    gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlzxt5eumh: ABSTAIN
    gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlzyc3clg6: YES
    gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlzzy7m65d: YES
    gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlzqhm6e8q: YES
    gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlp730y0dn: YES
    gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlp679xfzf: ABSTAIN
    gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlpcdq823y: ABSTAIN
    gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlpk0mqrnw: YES
    gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlp5u7pqqr: ABSTAIN
    gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlpjq3z9u5: YES
    gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlpsn5rx0e: YES
    gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlpwywvhcq: YES
    gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlpvhtd5td: ABSTAIN
    gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlp2tyw3h6: YES
    gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlpgcp0jyh: YES
    gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlpx66gmxa: YES
    gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlpyflfc4s: YES
    gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlpz4s2af8: ABSTAIN
    gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlpqx4t762: YES
    gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlq77jt4x4: ABSTAIN
    gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlqudh2k4c: YES
    gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlq63cfnf0: YES
    gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlqczags6z: YES
    gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlpuz29v77: ABSTAIN
    gov_action193leqzml768nz7nmpepzx822a5mzyanqhtewaxjtul5gp6uhwvfsqgl2qg0: YES;

    We refrained from voting NO on any of the actions, voted ABSTAIN where the majority of our team (7 people) determined that the impact wasn't high enough, the concept wasn't something we would want to support, or the action asked for too much.

    Keep in mind, that voting ABSTAIN helps each effected proposal by lowering the absolute voting power needed to pass the action.

  • Yes 174.4M ₳ No rationale
  • Yes 160.5M ₳ No rationale
  • Yes 135.1M ₳ Rationale

    This document provides an aggregate rationale for the Cardano Foundation DRep’s votes on all Treasury Withdrawal GAs stemming from the approved “Cardano Blockchain Ecosystem Budget - 275M ada Administered by Intersect” (gov_action1u9x73kwufaxa70lfy59g4ynwyrcsaxdcd0gxzzmh67s9fxq4j8hqqk2phgh).

    A PDF version of this rationale is also made available.

    Our approach is designed to ensure both transparency and efficiency, applying a consistent evaluation framework (see here; the “Evaluation Framework”) to each proposal while presenting our reasoning in a single, comprehensive document.

    Our current assessment remains consistent with the principles previously outlined in our public communications and our evaluation during the Ekklesia off-chain signaling phase. As no material changes have been made to the individual proposals since the overarching budget was approved, our votes on these withdrawals reflect our original assessment of them. However, we have changed our previous abstention on the Intersect proposal and our previous “No” vote for the Discover Cardano proposal to a "Yes" vote.

    Fund administration clarity is a crucial consideration for our voting decisions. While this budget is approved as a package, we expect Intersect, as administrator, to manage funds diligently, provide public transparency on contracts, and ensure robust oversight, holding recipients accountable for deliverables.

    Our voting decisions on the 39 treasury withdrawals are presented in the table below. The "Vote" column displays our votes. For all proposals requesting 3 million ada or more, our assessment is included in the "Note" column.

    Table A – Voting Record

    Governance Action ID Title Requested ADA Vote Note
    gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlqz6d98zp 2025 Input Output Engineering Core Development Proposal 96,817,080 ABSTAIN We abstain from both the TSC and IO Engineering proposals for the following different reasons: For the TSC proposal, we abstain due to the lack of a credible execution path. Although we support the intent and approach and while we recognise the significant work that went into this proposal, the recent sudden withdrawal of administrative support by the Intersect board makes the proposal unfeasible, even if funded at this time. For the IO Engineering proposal, we abstain as we are not confident that the current version offers sufficient transparency or accountability to justify endorsement. Our concerns stem from the lack of adjustments following constructive community feedback, particularly regarding scope, cost-effectiveness, and safeguards. View Cardano Foundation feedback from 11 May here.
    gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlpwywvhcq Catalyst 2025 Proposal by Input Output: Advancing Decentralised Community Innovation Funding & Infrastructure 69,459,000 YES We vote ‘yes’ on this proposal as it is important to ensure continuity for the main source of grant funding for the ecosystem during a transition year for governance, especially as Project Catalyst is a funding system that the Cardano ecosystem is familiar with. As the proposal did not fully account for CF's initial budget feedback nor propose activities linked to resolving known shortcomings, we will be monitoring these areas ahead of any subsequent budget proposals by Project Catalyst
    gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlzqhm6e8q Input Output Research (IOR): Cardano Vision - Work Program 2025 26,840,000 ABSTAIN We abstain from this proposal because we view key components of the proposed budget as materially too high, and previous feedback regarding costs and scope, including specific points raised by the Cardano Foundation on March 11 were not adequately addressed. View Cardano Foundation feedback from 11 May here.
    gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlp2tyw3h6 A member-based organization for the Cardano ecosystem: Intersect 15,750,000 YES We adjusted our vote from ‘abstain’ to ‘yes’ on this proposal. This reflects our acknowledgement of Intersect's revised 15.75M ada budget, recognizing Intersect's shift towards leaner operations. Our initial vote to abstain based on the discrepancy between the on-chain proposal and the updated off-chain figures, which has been remedied now. We emphasize the importance of having accurate and updated details reflected directly on the Ekklesia platform for all future proposals to ensure transparency and streamline the DRep voting process.
    gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlp5u7pqqr Cardano Builder DAO 12,000,000 YES We vote ‘yes’ on this proposal as it mitigates the dependency of Cardano on grants by exploring convertible grants to incentivise projects better. The proposal identifies and addresses the gap in post-Catalyst funding for projects needing follow-up support in focusing on achieving product market fit instead of optimising towards grant writing.
    gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlqudh2k4c TWEAG’s Proposals for multiple core budget projects for Cardano 2025 11,070,323 YES We vote 'yes' on this proposal as we believe supporting diverse contributors increases the resilience of Cardano, and as the proposal demonstrates a collaborative approach, accountability, and an appropriate engagement framework.
    gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlpjq3z9u5 Unveiling the First Unified Global Events Marketing Strategy for Cardano 6,000,000 YES We vote 'yes' on this proposal as it provides a clear value proposition for Cardano. This proposal was already assessed as part of the Marketing and Growth Budget.
    gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlpsn5rx0e Cardano Summit 2025 and regional tech events 6,000,000 YES We vote 'yes' on this proposal as it provides a clear value proposition for Cardano. This proposal was already assessed as part of the Marketing and Growth Budget.
    gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlqkqx0ecg OSC Budget Proposal - Paid Open Source Model for Sustainable Development 5,885,000 YES We vote 'yes' on this proposal as it aligns with the Cardano Vision and Roadmap for 2025 and beyond and contributes to a sustainable developer ecosystem for Cardano. However, we still believe additional details would have strengthened this proposal further.
    gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlp730y0dn Expanding Stablecoin / Cardano Native Asset Support / Fiat Ramps 4,000,000 YES We vote 'yes' on this proposal as it contributes to the growth in liquidity and DeFi, which we believe is an important value proposition.
    gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlpcdq823y Ecosystem Exchange Listing and Market Making service pool 3,126,000 YES We vote 'yes' on this proposal in line with the GMC’s voting and according to previous viability assessments.
    gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlpuz29v77 High-yield RWA Asset for Cardano : Tokenized Real Estate 3,000,000 YES We vote 'yes' on this proposal as it supports the expansion of the RWA topic. However, there is a lack of alignment with the roadmap, which we would expect to be enhanced afterwards.
    gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlqqfgyy3v Midgard - Optimistic Rollups 2,162,096 YES We vote ‘yes’ on this proposal as it aligns with the principles of the Evaluation Framework, specifically principle 1 on Scope and Strategic Alignment.
    gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlpk0mqrnw Complement Catalyst: Extended Quadratic Funding—Zero Operational Costs 1,500,000 YES We vote ‘yes’ on this proposal as it aligns with the principles of the Evaluation Framework, specifically principle 1 on Scope and Strategic Alignment.
    gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlqyxzxz7k Blockfrost Platform community budget proposal 1,300,000 YES We vote ‘yes’ on this proposal as it aligns with the principles of the Evaluation Framework, specifically principle 1 on Scope and Strategic Alignment.
    gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlqwtnrdnx zkFold ZK Rollup 1,161,000 YES We vote ‘yes’ on this proposal as it aligns with the principles of the Evaluation Framework, specifically principle 1 on Scope and Strategic Alignment.
    gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlp679xfzf Cardano Ecosystem Pavilions at Exhibitions 889,500 YES We adjusted our vote from ‘no’ to ‘yes’ on this proposal. This reflects our acknowledgement of the revised scope to avoid overlapping with other proposals.
    gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlzxt5eumh Cardano Product Committee: Community-driven 2030 Cardano Vision and 2026 roadmap insights collection via workshops and structured product research 750,000 YES We vote ‘yes’ on this proposal as it aligns with the principles of the Evaluation Framework, specifically principle 1 on Scope and Strategic Alignment.
    gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlq77jt4x4 ZK Bridge 700,000 YES We vote ‘yes’ on this proposal as it aligns with the principles of the Evaluation Framework, specifically principle 1 on Scope and Strategic Alignment.
    gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlpz4s2af8 Scalus - DApps Development Platform 657,692 YES We vote ‘yes’ on this proposal as it aligns with the principles of the Evaluation Framework, specifically principle 1 on Scope and Strategic Alignment.
    gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlpx66gmxa A free Native Asset CDN for Cardano Developers 605,000 NO We vote ‘no’ on this proposal as it does not align with the principles of the Evaluation Framework, specifically principle 3 on Financial and Funding Mechanics.
    gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlq5nrw6t9 Complete Web3 developer stack to make Cardano the smart contract layer for Bitcoin 600,000 YES We vote ‘yes’ on this proposal as it aligns with the principles of the Evaluation Framework, specifically principle 1 on Scope and Strategic Alignment.
    gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlpvhtd5td Beyond Minimum Viable Governance: Iteratively Improving on Cardano Voltaire 592,780 YES We vote ‘yes’ on this proposal as it aligns with the principles of the Evaluation Framework, specifically principle 1 on Scope and Strategic Alignment.
    gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlpqx4t762 Eternl Maintenance 583,000 YES We vote ‘yes’ on this proposal as it aligns with the principles of the Evaluation Framework, specifically principle 1 on Scope and Strategic Alignment.
    gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlqczags6z Gerolamo - cardano node in typescript 578,571 YES We vote ‘yes’ on this proposal as it aligns with the principles of the Evaluation Framework, specifically principle 1 on Scope and Strategic Alignment.
    gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlqx488pdm Hardware Wallets Maintenance 424,800 ABSTAIN We abstain on this proposal in accordance with the principles of the Evaluation Framework, specifically principle 2 on Committee Budget Proposals and Prior Feedback.
    gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlzyc3clg6 PyCardano 314,800 ABSTAIN We abstain on this proposal in accordance with the principles of the Evaluation Framework, specifically principle 3 on Financial and Funding Mechanics.
    gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlqj0vdlhj Ledger App Rewrite 300,000 YES We vote ‘yes’ on this proposal as it aligns with the principles of the Evaluation Framework, specifically principle 1 on Scope and Strategic Alignment.
    gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlpyflfc4s Cexplorer.io – Developer-Focused Blockchain Explorer for Cardano 266,667 ABSTAIN We abstain on this proposal in accordance with the principles of the Evaluation Framework, specifically principle 1 on Scope and Strategic Alignment.
    gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlq63cfnf0 MLabs Core Tool Maintenance & Enhancement: Plutarch 243,478 ABSTAIN We abstain on this proposal in accordance with the principles of the Evaluation Framework, specifically principle 1 on Scope and Strategic Alignment.
    gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlqsufvuyl Dolos: Sustaining a Lightweight Cardano Data Node 220,914 YES We vote ‘yes’ on this proposal as it aligns with the principles of the Evaluation Framework, specifically principle 1 on Scope and Strategic Alignment.
    gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlq2yeptuu UTxO RPC: Sustaining Cardano Blockchain Integration 220,914 ABSTAIN We abstain on this proposal in accordance with the principles of the Evaluation Framework, specifically principle 1 on Scope and Strategic Alignment.
    gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlqghuqg03 Pallas: Sustaining Critical Rust Tooling for Cardano 220,914 ABSTAIN We abstain on this proposal in accordance with the principles of the Evaluation Framework, specifically principle 1 on Scope and Strategic Alignment.
    gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlpgcp0jyh AdaStat.net Cardano blockchain explorer 212,000 YES We vote ‘yes’ on this proposal as it aligns with the principles of the Evaluation Framework, specifically principle 1 on Scope and Strategic Alignment.
    gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlzzy7m65d OpShin - Python Smart Contracts for Cardano 199,911 ABSTAIN We abstain on this proposal in accordance with the principles of the Evaluation Framework, specifically principle 3 on Financial and Funding Mechanics.
    gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlqvckzwqt Lucid Evolution Maintenance 130,903 ABSTAIN We abstain on this proposal in accordance with the principles of the Evaluation Framework, specifically principle 1 on Scope and Strategic Alignment.
    gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlzgf074ea MLabs Research towards Tooling for Elliptical Curves - GrumpleStiltSkin 104,347 YES We vote ‘yes’ on this proposal as it aligns with the principles of the Evaluation Framework, specifically principle 1 on Scope and Strategic Alignment.
    gov_action193leqzml768nz7nmpepzx822a5mzyanqhtewaxjtul5gp6uhwvfsqgl2qg0 BloxBean Java Tools Maintenance and Enhancement 99,600 ABSTAIN We abstain on this proposal in accordance with the principles of the Evaluation Framework, specifically principle 1 on Scope and Strategic Alignment.
    gov_action18nefry4qacd80xzs2srjahxm2e4vz3c8wvrr03rrtk8mdqfuknysq66459t MLabs Core Tool Maintenance & Enhancement: Cardano.nix 45,217 ABSTAIN We abstain on this proposal in accordance with the principles of the Evaluation Framework, specifically principle 1 on Scope and Strategic Alignment.

    Summary of Voting Approach

    The Cardano Foundation’s votes on these 39 treasury-withdrawal governance actions are the direct execution of a single, comprehensive review process that began during the off-chain signaling phase. Although we present one aggregate rationale for efficiency, each proposal and governance action was individually assessed against a consistent framework anchored in our publicly stated principles.

    Evaluation Framework

    As outlined in our blog post, Navigating Budget Changes, our evaluation is guided by several core criteria. For these treasury withdrawals, our assessment focused on three primary areas:

    • Strategic Alignment: We prioritized proposals that clearly align with the Cardano 2025 Vision & Roadmap and the principles of "Our Cardano." Proposals demonstrating a direct contribution to core infrastructure, ecosystem growth, decentralization, and sustainability scored highest in our assessment.
    • Execution Viability & Financials: We assessed whether the requested funding was appropriate with the project’s scope and whether the team demonstrated the expertise and planning necessary for successful execution. This included a review of the budget breakdown, timelines, and risk considerations.
    • Accountability and Delivery Assurance: A critical factor was the proposal’s commitment to transparency and accountability. We looked for clear deliverables, defined success metrics, and robust reporting plans. Given the significant value of Treasury funds, we placed a strong emphasis on frameworks that ensure what is promised is ultimately delivered.

    The Cardano Foundation’s votes on these 39 treasury-withdrawal governance actions are the direct execution of a single, comprehensive review process that began during the off-chain signaling phase. Although we present one aggregate rationale for efficiency, each proposal and governance action was individually assessed against a consistent framework anchored in our publicly stated principles.

  • Yes 93.3M ₳ Rationale

    The vote for this withdrawal is YES. Details can be found in the rationale.

    A PDF version of this rationale is also made available.

    I plan to vote YES on most projects I’ve supported in Ekklesia. To stay transparent, I’ll rate each project across six categories, scoring 0 to 2 per category (max 12 points). Projects scoring below 6 won’t get my support. I’ll consider supporting those with 7–8 points, and will fully support any scoring 9 or more.

    The categories are:

    • Key infrastructure, research, or essential funding: 1
    • Team strength, feasibility, and track record: 2
    • Impact on the Cardano ecosystem: 1
    • Value for money: 1
    • Cost compared to similar proposals: 1
    • Personal or community usage and benefit: 1

    Total score: 7

  • Yes 92.1M ₳ No rationale
  • Yes 89.8M ₳ Rationale

    SIPO supports this proposal because it addresses a critical need in Cardano’s ongoing governance evolution: moving beyond the Minimum Viable Governance (MVG) framework toward a more data-driven, inclusive, and community-informed governance model.

    The project will deliver a comprehensive “State of Governance” report, benchmark KPIs, and produce actionable recommendations based on community feedback gathered through workshops, interviews, and surveys. These outcomes are essential to ensuring that Cardano’s governance system evolves based on evidence, not speculation.

    What sets this proposal apart is its coalition of proven contributors, including the Voltaire team from Input Output and key community leaders. Their past successes—such as CIP-1694 workshops and the global constitutional drafting process—demonstrate their capacity to lead this initiative effectively.

    This project not only evaluates but also proposes improvements. If community consensus is reached, it will generate Cardano Problem Statements (CPSs) or Improvement Proposals (CIPs), reinforcing iterative governance as a living system. It also offers transparency, verifiability, and reuse by publishing a process playbook and open participation.

    Given that this effort is embedded within Intersect’s budget framework and uses auditable smart contracts with third-party assurance, SIPO believes this initiative is a responsible and strategic use of treasury funds. It will provide long-term value by helping the ecosystem identify risks early, measure participation health, and elevate governance maturity through evidence-based refinement.

    For these reasons, SIPO casts a “Yes” vote for this proposal.

    ⸻⸻⸻⸻⸻⸻⸻⸻⸻

    SIPOはこの提案に「Yes」と投票します。その理由は、カルダノのガバナンスを「最小限の実装(MVG)」から、データに基づいた持続的かつ包括的な発展モデルへと進化させるために不可欠な取り組みだからです。

    本提案では、コミュニティ参加状況やKPIを測定する「State of Governance(ガバナンスの現状)」レポートが作成され、ワークショップやインタビュー、調査を通じて得られた実体験に基づく知見から、改善提案が導き出されます。これにより、感覚や印象ではなく、証拠に基づいたガバナンスの改善が可能になります。

    特筆すべきは、本プロジェクトが、Voltaireチームをはじめとした経験豊富なメンバーとコミュニティリーダーによる連携体制で構成されていることです。CIP-1694ワークショップや憲法起草プロセスなど、過去の実績からも信頼性は高く、本プロジェクトを成功に導く力があると判断できます。

    また、本プロジェクトは単なる評価で終わるのではなく、Cardano Problem Statement(CPS)やCardano Improvement Proposal(CIP)など、具体的な改善策の提案にまで踏み込みます。さらに、再利用可能なプロセスプレイブックの公開や、外部からの参加も受け入れる設計となっており、透明性とオープン性が担保されています。

    Intersectによる管理の下、Sundae Labsのスマートコントラクトを活用し、第三者機関によるアシュアランス(検証)も含まれるなど、予算執行の信頼性も高く評価できます。

    本提案は、カルダノのガバナンスの健全性や参加状況を可視化し、リスクや課題を早期に特定して進化を促す重要な土台を築くものです。長期的に見ても、エコシステム全体にとって非常に価値ある取り組みです。

    以上の理由から、SIPOは本提案に賛成票を投じます。

  • No 89.3M ₳ No rationale
  • Yes 89.2M ₳ Rationale

    私の投票ポリシーはCARDANO2025ロードマップを実現するべく基盤技術の維持と強化、コア開発と研究、マーケティングの強化を支持しています。事前のオフチェーン投票ではNoにした提案においても、提案内容に関しては一定の必要性を感じているため資金調達プロセスのスケジュールや提案内容を精査したうえでYESに投じます。
    My voting policy supports the maintenance and enhancement of foundational technologies, core development and research, and the strengthening of marketing efforts to realize the CARDANO 2025 roadmap. Even for proposals I previously voted "No" on during the off-chain voting phase, I recognize a certain level of necessity in their content. Therefore, after carefully reviewing both the proposal content and the funding schedule, I will cast a "Yes" vote.

  • No 77.3M ₳ No rationale
  • Yes 76.1M ₳ Rationale

    The budget process is god awful and needs to be fixed.

  • Yes 75.4M ₳ No rationale
  • Yes 74.7M ₳ No rationale
  • No 71.3M ₳ Rationale

    I am voting NO. While improving governance is vital, this initiative is led by IOG's Voltaire team. This is a significant conflict of interest. The architects of a system cannot be the impartial arbiters of its success. Governance evolution must be led by truly independent community bodies.

    A PDF version of this rationale is also made available.

    While improving our governance framework is critical for sustainability and I do like the proposal in question, I must however vote NO due to a fundamental conflict of interest in this proposal's leadership.

    It states that Input Output's Voltaire team will lead the work. For true decentralization to flourish, the architects of a system cannot be the primary arbiters of its success and future direction. This vital research must be led by neutral, independent community bodies to ensure legitimacy and prevent entrenching the incumbent's vision.

  • Yes 68M ₳ Rationale

    This proposal marks a crucial step in Cardano’s post-MVG evolution. By grounding governance evaluation in data and real-world insights, it enables concrete improvements via actionable CIPs and CPSs, rather than reactive discussions.

    Led by experienced contributors and supported by a transparent framework with third-party oversight, the initiative offers both credibility and repeatability.

    この提案は、CardanoのガバナンスをMVG以後も継続的に進化させるための重要な一歩です。単なる感覚的な議論ではなく、データと実地経験に基づいた健全性評価を行い、実効性のある改善提案(CIPやCPS)にまでつなげる姿勢は評価に値します。

    すでに実績のあるメンバーと信頼できる管理体制、公開型の成果物、第三者検証など、ガバナンスプロジェクトとして高い透明性と再現性が期待されます。

  • Yes 65.7M ₳ No rationale
  • Abstain 62.7M ₳ No rationale
  • Abstain 51.1M ₳ No rationale
  • Yes 50.5M ₳ No rationale
  • Yes 49.8M ₳ Rationale

    As a DRep, I voted for all projects in the 2025 budget vote based on a very simple principle:\n\n- Yes if I believe the long-term value to the Cardano ecosystem exceeds the requested amount;\n- No if it doesn't;\n- Abstain if I'm unsure.\n\nAll of my votes are consistent with my position in the May 2025 Ekklesia round.

  • Yes 49.7M ₳ Rationale

    Following the previous vote on Ekklesia.

  • Yes 42.9M ₳ No rationale
  • No 42.4M ₳ No rationale
  • No 40M ₳ Rationale

    While I have a lot of respect for the vendors of this proposal, I'd like to prevent spending more money and energy on governance-focused initiatives like this for now and focus on adoption & applications instead.

  • Yes 38.1M ₳ No rationale
  • No 36.8M ₳ No rationale
  • Yes 34.4M ₳ No rationale
  • Yes 34.3M ₳ Rationale

    Socious has voted in favor of all 39 Treasury Withdrawal proposals submitted. These proposals were selected through a well-defined process, and we fully support them out of respect for the will of the broader Cardano community.

  • Abstain 32.3M ₳ Rationale

    Temporary Abstention Rationale

    Summary
    To ensure timely progression of proposals that meet constitutional thresholds, I am temporarily casting abstain votes on all active governance actions while I continue to review them individually. This avoids delaying enactment due to quorum issues and allows careful evaluation of each on its own merits.

    Rationale Statement
    As a DRep, I take seriously my responsibility to evaluate each proposal in alignment with the HOSKY Cardano First platform, prioritizing decentralization, responsible treasury use, and the long term integrity of Cardano

    Rather than rush through the volume of proposals or risk being a bottleneck for those that meet required thresholds, I am temporarily abstaining on all proposals. This ensures that governance actions with sufficient community support can move forward without being held up by my pending vote

    This abstention is not a sign of indecision or neglect. It is a reflection of my commitment to deliberate, well considered governance. I am reviewing each proposal carefully and will cast definitive YES or NO votes with rationale in the coming days

    This approach allows me to maintain transparency, uphold voting integrity, and respect the time sensitive nature of decentralized decision making. It is a temporary mechanism to preserve network momentum while continuing to uphold the standards set by both the Constitution and the HOSKY dRep Platform

  • Yes 31M ₳ No rationale
  • Yes 30.5M ₳ No rationale
  • Abstain 28.2M ₳ Rationale

    Improving governance and establishing KPIs is great, but governance is already in a viable state and we have many other higher priorities.

  • Yes 27.9M ₳ No rationale
  • No 25.9M ₳ Rationale

    I would prefer to reform the whole intersect / governance workflow, and only we have approved a new way of operating, then we would decide what we need, determine the features and the vote the appropriate budget.

  • Abstain 25.2M ₳ Rationale

    I am updating my vote to ABSTAIN on the current proposal to fund improving Voltaire. I still believe it a bit early to begin planning to making improvements and that we need to run a bit further and catch a few more scars before we will be in a position to make comprehensive governance improvements. That being said, governance is the single most double-edge sworded feaature we have in Cardano, and any early insights into trajectories realized from such initiatives could be helpful

  • Yes 22.7M ₳ No rationale
  • Yes 22M ₳ No rationale
  • Yes 21.3M ₳ No rationale
  • Abstain 21.2M ₳ Rationale

    Despite being 1 of 15 proposals in this series of 39 treasury withdrawal governance actions that I had previously voted for during the budget reconciliation process via Ekklesia I have decided to change my vote to an abstain at this time. During the budget reconciliation process I absolutely felt it necessary to move beyond minimum viable governance (MVG), it was a term used so much during the CIP-1694 process that this felt like the right initiative to begin progressing the state of Cardano governance to a more mature iteration.

    That said, I recall how tailored the experience of the CIP-1694 and Constitution workshops were, where people believed they would have a real chance at shaping the process, only to be greeted with pre-determined topics and attempts to raise any other concerns were stonewalled and labelled “out of scope”.

    I now see a pandering to a select number of DReps, unimpressed by language such as “top DReps” or “key DReps”. We like to preach about the liquid nature of voting power, so why one group should be favoured over others based on what is meant to be liquid voting power seems short-sighted. A large voting power doesn’t necessarily make someone a “top DRep”, some have low vote participation, may not provide on-chain rationales with their votes or simply vote yes to any proposal suggested by certain vendors without pause for evaluation. This does not bode well for what we like to proudly proclaim “decentralised governance”.

    Until there can be assurances that this proposed iteration of Voltaire doesn’t descend into a repeat of past processes, with conversations shepherded to a pre-conceived outcome dressed up as decentralised consensus, I abstain from voting to fund such efforts at this time.

  • No 21.1M ₳ No rationale
  • Yes 21.1M ₳ No rationale
  • Yes 20.3M ₳ No rationale
  • Yes 19.9M ₳ Rationale

    As a Drep, I vote yes on this proposal in line with my Ekklesia vote earlier this year.

  • Yes 17.4M ₳ No rationale
  • Yes 17.1M ₳ No rationale