Cardano Decentralised Deputy Diary. Text 6

Cardano Decentralised Deputy Diary. Text 6


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

How do you rate this article?

19


Cryptotexty
Cryptotexty

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


Crypto Projects Information
Crypto Projects Information

Here I will post information about different crypto-projects

Publish0x

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.