Cardano Decentralised Deputy Diary. Text 5

Cardano Decentralised Deputy Diary. Text 5


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

Date: 9 August 2025

Voting Power: ₳ 206 782

Today I voted on 3 governance decisions.

1 . Update to the Constitution

CARDANO BLOCKCHAIN ECOSYSTEM CONSTITUTION v2.0

Voted Yes.

The main issues were:

. Fixed typos and cleaned up wording

. Simplified structure and reduced word count

. Clarified key definitions

. Removed unused or outdated clauses

. Removed the budget requirement for treasury withdrawals

And also voted 2 Treasury Withdrawals:

2 . Cardano Global Listing Expansion - Powered by Snek

Voted No.

By the way 24.10% (or ₳ 1.29B) voted "No" and only 4% voted Yes.

For sure, 5 million ADA requested is an insane amount. I think we need to have other priorities.

3 . Withdraw ₳5M for Cardano's Global Listing Expansion - Powered by Snek

Voted No.

Once again, same team (Snek) and same 5 million ADA asked.

So that's all for today.

 

Best regards,

Cardano DRep Cryptotexty

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

My Cardano address: addr1q8ltprg2dpuftk3xa773c4eqz62d63syevwqmeeqk75h0swy974pwpegzh7kay6pdypdedrfrunyge4fam22062a4ghq3v8jqe

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Cryptotexty
Cryptotexty

Student of cryptocurrencies and economics. Interested in Cardano, Algorand, Terra, BCH, Mina, Near, Hive, Steemit and many other interesting blockchains and projects


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