Cardano Decentralised Deputy Diary. Text 6

in Project HOPE4 days ago

Hello, my readers and everyone interested in Cardano and blockchain governance.

Date: 4 September 2025

Voting Power: ₳ 209 614

Today I voted on 2 governance decisions, both were info actions.

1 . Cardano in Oceania: A community-led strategic plan for investing in growth.

Voted No.

Reason: I don't think Ocenia is geographical priority. Proposal is very general, it lacks details and the amount (778K ADA is huge). Moreover - Project Catalyst is the place for such proposals. It can start with something small (5-50K of ADA) and then if successfull, it will be supported. Yes, it takes time and effort. But I see no reason to give this insane amount from the treasury.

2 . Budget: ₳5M Loan for Cardano's Global Listing Expansion - Powered by Snek

Voted No.

Reason: I already explained it in previous diary posts. Maybe just to add - I think that's a big waste of funds, and listing should come generic, even if takes some time.

So that's all for today.

Best regards,

Cardano DRep Cryptotexty

GovTools page: https://gov.tools/connected/drep_directory/drep1yqmr09530yuehxdz2wca5setx03ps5tnxxrvzlgwmk3wswugxwh

My Cardano address: addr1q8ltprg2dpuftk3xa773c4eqz62d63syevwqmeeqk75h0swy974pwpegzh7kay6pdypdedrfrunyge4fam22062a4ghq3v8jqe