GAIA 🇨🇦 Make a Difference - DRep

Done my civic duty for Cardano and have voted on all the proposals on my docket ✅ The only vote I have abstained on is the revised Constitution, as this will require an in-depth review prior to making a decision 🤔 Like what I do? Consider delegating and making governance better for $ADA all around 🚀 drep1ytxr0lhg5j72wysva9ac2gsn4lck4gyen8ywxkqfchsqg3qs8uy44 Results with rationale for every vote: tempo.vote/drep-profile?d… #Cardano all the way my friends! 🥳

@Vikings_for_ADA @MinswapIntern @IOHK_Charles Agreed 💯

You created it, we built, funded, and are running it. We, us, the Team, the Ecosystem, “your” SPOs, DReps, Stakers, DEFI participants, NFT degens and other token holders. Give us some credit, and don’t bite off the hand that feeds you. A little humility from the top would serve Cardano.

NEWS I CONCEIVED CARDANO AND BUILT ITS FOUNDATION – CHARLES 😱😱😱 @IOHK_Charles says deep down inside you know I'm right. I created Cardano. I conceived of it, wrote the first whitepaper, hired every single scientist and engineer, and helped design the early protocols, it was sheer force of will.

@adamKDean @jasonappleton Very valid take Adam 👍

@TheRealWeb3Kat @HolgerCardano24 This only looks bad for Charles - it just keeps getting worse when he can’t help but attack community builders and then somehow claim being a victim. This is the worst kind of behaviour and should not be reinforced with a blank check book.

This did not start because of a question, or a desire for open, respectful dialogue. It started with a post that singled out individual DReps and an attempt to publicly coerce them on how to vote. Not sure why you'd ever expect Charles to get on a call with you when you're taking zero accountability and placing all of the onus on him while you lie about how this all started.

A short timeline. Just what happened, in order. Decide for yourselves. 1. A DRep (@NaVi_GaT0R) asked whether DReps with paid IO-linked roles should abstain on IO's treasury proposals. A normal conflict-of-interest question. 2. Charles did not answer the question. He went after Iagon - publicly, repeatedly, over days, to his 1M+ follower account, with IO employees and IO-aligned accounts amplifying. He said Navjit had "lost the plot," called the concern "objectively wrong," and publicly stated Iagon's leadership should be replaced or the project could collapse. 3. IAG fell ~32% in 24h. Holders - who are also ADA holders - lost real money. 4. As IAG was crashing, the price-crash chart was posted at Charles. He replied with a video clip of Bane: "Your punishment must be more severe... not of your body... of your soul." 5. Charles began describing the conflict-of-interest question as an "attack on his ambassadors." It was not. No ambassador was attacked. A DRep asked, in public, whether DReps with paid IO ties should abstain on IO's proposals - a standard governance question. Reframing a question as an "attack" is what made everything that followed look justified. 6. On that false premise, Charles hosted an X Space and said, about the token holders of a project in his own ecosystem: "I don't give a shit about your token holders... I don't give a shit about your bag holders... If you attack my ambassadors, I will burn you to the ground." He also said the way out was to "apologize" and "back the fuck off." 7. When a community member said I was "obsessed," Charles replied that I have "CDS," that it is "incurable," and that people should "let him go." CDS - Cognitive Dysfunction Syndrome - is a veterinary diagnosis: age-related dementia in dogs and cats. So a sitting DRep raising sourced concerns was described in the language a vet uses for a deteriorating animal. 8. Charles then posted a unity video: the only thing that can destroy Cardano is internal fighting. 9. When some Japanese DReps voted against IO's research proposal, Charles posted directly to the Japanese community: if the proposal did not pass, "Cardano will lose its scientists" and "our lab will be forced to close." He then asked the community to "delegate to dReps who support Cardano's research agenda" - in other words, to move voting power away from DReps who voted the wrong way. When that pressure did not deliver the result, the threat hardened: approve the proposal, or be responsible for ending Cardano's research entirely. Only after this also failed to work did the tone suddenly soften. 10. As hundreds of holders engaged with these concerns, Charles shifted tone - "#strongertogether," inviting conversation. 11. I took that at face value. Then I did something he never did. After he attacked Iagon, after the "burn you to the ground," after his words helped wipe ~32% off a token held by thousands - I was the one who extended a hand. I publicly offered him a private, no-recording, one-on-one call. Man to man. Not for me - for the ecosystem. The person who was attacked took the first step toward peace. 12. His public answer to that olive branch was the pattern again, in one post. He said: "Tell him to go to hell." He demanded I issue "a public apology FOR EVERYTHING he said" before he would even speak. He said: "You don't treat me like a human toilet." And then, in the last three lines: "He's trash. Everyone can see it now. We move on." Read that ending again. I offered him a private, calm conversation - and his response was to call me "trash" and tell the audience that this proves something about me. He attacked, and in the same breath framed the attack as evidence against the person he attacked. That is the reversal in its purest form: be the aggressor, then announce that the aggression exposes the victim. That is the sequence. I offered a calm, private conversation - and that was the response to it. One more thing worth seeing plainly. Not days apart. The same afternoon - roughly two hours between these two posts. First, in public, to the ecosystem: "Cardano is alive. The community is engaged... You are not passive holders. You are owners." "Let me show up the way I should." "I am inviting all of you to sit down and have a real conversation." "I am 100% focused on Cardano and Midnight. #strongertogether" Roughly two hours later, to me, after I publicly offered exactly that - a private, calm, one-on-one conversation: "Tell him to go to hell." "Have him issue a public apology FOR EVERYTHING he said." "You don't treat me like a human toilet." "He's trash. Everyone can see it now." That is the gap. "Stronger together" for the audience. Two hours later, "go to hell" and "he's trash" for the person who took him up on it. A real invitation to talk does not come with a demand to grovel first - and it does not curdle into "go to hell" within the same afternoon. Look at the whole shape of this. He attacked. He did not answer the question - he went after the people who asked it. When the damage was done and holders were losing money, he posted about punishment and souls. He said in public he would burn people to the ground. He pressured an entire national community to vote his way or be blamed for the end of Cardano's research. And then, step by step, he became the victim. The question became an "attack." The critics became aggressors. The man with 1M followers and the treasury proposals became the wronged party defending the vulnerable. When I - the one who was attacked - offered peace, he framed himself as the one owed an apology, and called me "trash" for asking. That reversal has a name: DARVO. Deny, Attack, Reverse Victim and Offender. It is not a diagnosis. It is a pattern, and the record above is the pattern, step by step, in his own words. So the practical question stands: Is this conduct - the attacks, the Bane clip aimed at people losing money, the "burn you to the ground," the pressure on the Japanese community, the false "victim" framing, the rejection of a good-faith olive branch - the conduct of someone who should be trusted with hundreds of millions of ADA from the community treasury? Cardano does not have a "leader." It has a community, a treasury, and contractors who ask that community for funding. IO is one of those contractors - currently asking for hundreds of millions of ADA, with a track record of missed timelines. A contractor asking the community for money does not get to attack the members of that community for doing the exact thing the governance system was built for: participating, voting, and asking questions. Respect for ADA holders is not optional for someone requesting their treasury. It is the job. Screenshots of every quote above are attached. Read them in full, and decide for yourselves.👇👇👇

@nimuepool This is a crazy perspective - transparency available to everyone is part of the Cardano ethos 😅

Pls take this down! It looks very bad on you to try shaming other DReps who are of the opinion that investing in Cardano is the right course to take now. Dispicable behavior imho…

@CashAnvil @jrv97_velazquez Yeah, not happy with the results either - killing all community builder funding will leave Cardano dead in the water. No incentive for builders when the FEs drain the treasury and then cry if they don’t get most/all of it 😅

Great budget breakdown, good info in this thread. Also highlights a very low chance of anything non dev related getting funded, and hardly anything non FE related. Fun stuff, now that the allure from “all of us working together” and a bunch of empty promises, we get to sit in the reality of our decisions. You guys know there’s a budget in place right? We can’t spend over 350m Ada… Glad we built up a war chest to keep our FEs going! Thankfully we got rid of the one of the only tools for builders to get funded. I really think the average ada holder is just truly disconnected and clueless to what is actually happened at this point. “We need people building here and using Cardano” but we aren’t going to fund a single thing that would actually onboard users? Or create TXs? If I’m wrong direct me to the KPIs…. Thankfully we didn’t have to fire our researchers but all of our builders leave as a result! I hope it’s the right decision. 😅

I love this tool - come check out what your DRep has voted for! Full transparency at its finest 🙏 $ADA and #Cardano all the way! 🚀

@ItsDave_ADA @jasonappleton A very useful tool - full transparency on where the money is being voted for spending. This is something that would be super useful for Fiat governments too 😁

Thanks Jason, the intention here was to bring data on whats being voted as YES and how much, might even do the same for NO actually, this wasn't intended to be petty at all, more so bringing data to holders to make an informed decision, this data is currently extremely difficult to get without totalling all DReps manually etc. It doesn't relate to IOG or Charles, it's total prepared spend so far. I've improved the wording and even added a ratified toggle on the right shortly after the initial release, to show the difference between prepared spend, and ratified spend, the data changes quite a lot when this is factored in. Taking on all feedback, so if you have any, happy to try get it added!

This morning I've created a new dashboard on DaveGov, the goal is to showcase Cardanos largest DRep spenders, the DReps that have voted Yes on the most ADA withdrawals so far each year, this is configurable by year, so you can see this data also historically. You can see the leaderboard total YES votes in ADA, and the amount withdrawn from the treasury so far. I won't post the top spenders in the screenshot below, but feel free to have a browse, this is purely for awareness. Voting Yes for most proposals keeps you popular, but doesn't enforce fiscal responsibility or prove that you understand what you are voting for. This page auto-updates. Hope you like it, feedback completely welcome! governance.cardano-visualisation.com/spenders

@EdnStuff @adamKDean @pogun_io @IOHK_Charles Too bad that’s how governance is supposed to work 😅

@GAIAstakepool @adamKDean @pogun_io @IOHK_Charles They appear to not be open to that. This was a one and done.

@EdnStuff @adamKDean @pogun_io @IOHK_Charles They can always revise their proposal based on community feedback 😁

If it was actually more going to the treasury I would have voted yes, but it was only 5% on Cardano-only Pogun transactions instead of all Pogun transactions. I’d expect higher returns to treasury when it is a 100% treasury funded commercial venture. If this had some substantial private Charles / IOG investment that would be different. All risk on treasury with barely any returns is almost value extraction the way that was structured ☹️

@adamKDean @pogun_io @IOHK_Charles I think we needed this one. I know you've been far more cynical about bitcoin defi in general. I think this one is going to hurt personally.

I want to say something to #Cardano $ADA. I am glad we passed 6 of the 9 proposals, all core stuff, infrastructure etc. But we didn't pass my top priority @pogun_io. @IOHK_Charles says pogun will continue but Cardano's treasury will now not get any upside revenue and he already has VC interest in the platform. That's what saying no has meant. It was addressed directly in a space. Hurts my soul. Let me be clear. Layer 1s do not survive on fees alone, not a single one, not even ethereum. They need dapps and dappchains to provide sustainable revenue. We play it safe and we get minimal results.

@angrycryptoshow He’s definitely leading the way in bringing out the worst in people 😅

JUST IN: #Cardano $ADA Founder Charles Hoskinson says "this governance brings out the worst in people, and it's not doing Cardano any service, it's getting in the way of people putting a vision and a roadmap together, it really is."

@NaVi_GaT0R @cardanesia @HolgerCardano24 So nothing has changed with @IOHK_Charles 😬

This is the contradiction people keep ignoring. Minutes before this, Charles posted about unity, governance, ownership, coordinationand being #strongertogether Prior to this @HolgerCardano24 offered a private 1-on-1 to speak like adults, the response was "Tell him to go to hell." "He's trash." The community should ask whether #stronger together is a principle or just a slogan when it only applies to people who agree

@adamKDean @io_tilia @jonahkoch @Straightpool4 Agreed! 🔥

I don't care if he becomes a DRep or delegates whatever ADA he has to himself or someone else. I've long said we should have seen the full power of entity ADA deployed in catalyst and other places cause that will truly tell us if we're decentralized or merely LARPing. However, changing the governance to appoint king(s) (executive function) is my hill to die on in terms of whether or not Cardano is living up to the sold dream of pushing power to the edges and community governance. Just because it's difficult to get a proposal passed doesn't mean the system is broken, it just means you haven't done a good enough job at convincing people it's necessary

Looking forward to governance upgrades in Cardano. Our current governance is a minimal viable model. The struggling Pogun proposal is a good litmus test, that we need changes. I welcome Charles to become a DRep. If you have a stake in a protocol, it makes sense to have a voice.

@ItsDave_ADA @mr_cata Very nice!!! 👀

@GAIAstakepool @mr_cata I'll bring it back :) just heading home now, its had over 9k views in 24 hours.

I've improved DaveGov so you can now dig much deeper into Cardano governance and DRep voting behaviour. You can now see things like how much ADA your DRep has voted to spend historically, how much they have currently committed towards treasury withdrawals, how many proposals they have voted on, how many rationales they have provided, and broader voting behaviour across governance actions. I've also added better analytics around treasury actions including enacted, pending, withdrawn and approved proposals, along with participation rates and pending yes vote inclusion tracking against treasury spend. This morning I focused heavily on performance improvements as well. DRep search is now significantly faster, governance analytics are more responsive, and caching improvements mean the platform scales and feels better with every additional user. There's also now historical comparison functionality, so you can compare how DReps voted during 2025 against current governance behaviour. The goal is simple. Make Cardano governance more transparent, measurable and easier to understand at scale. If you have any ideas, let me know and i'll try get them added, enjoy :) governance.cardano-visualisation.com

@JaromirTesar @ManuelOnchain Agree 💯 This would be much better for both #Cardano and for @IOGroup

@ManuelOnchain Charles should focus on IO delivery.

Do you support Charles been a Drep? Will you delegate your $ADA to him?

Passed 50% Only 15% missing Go vote for pebble!!!

@JaromirTesar @Cardano_Power Yeppers!

@Cardano_Power Exactly. Right now, nobody cares. DReps approve their own proposals.

Charles is considering changes to governance and becoming a DRep. I'm wondering what impact it would have on governance if Charles were making decisions about proposals. What do you think?

This is needed to shut down coercive and abusive behaviour by FEs or others in the future towards DReps. I’d vote yes for an amendment to protect #Cardano voters from proposer retaliation. $ADA governance improving ✅

@nick1012_nick @MinswapIntern Same here!

@MinswapIntern Translation - we didn't get entirely funded - so we need to change the rules so we get funded every time. I will def. vote this down and campaign hard against it.

UPDATE: CHARLES HOSKINSON CALLS FOR CARDANO GOVERNANCE RESET Cardano founder Charles Hoskinson says the ecosystem must reset and upgrade its governance structure, including adding stronger executive function. He emphasized the need to restore passion, vision, and community engagement, saying the goal is to give people a renewed reason to believe in Cardano’s future.

@A3Cpool_Shawn @IOHK_Charles @IagonOfficial @NaVi_GaT0R @HolgerCardano24 Agreed

@IOHK_Charles If you truly think @IagonOfficial is a legitimate project for cardano then bury the hatchet with @NaVi_GaT0R & @HolgerCardano24 ..... It's what's best for cardano... Put your egos aside.

After reflecting deeply on this governance process, a few things are clearer to me than ever. Cardano is alive. The community is engaged. And that matters more than any single vote. But this process has shown me something important: Cardano's governance is real. You are not passive holders. You are owners. That is exactly what we built this for. It has also reminded me that when Cardano has needed it most, the Pentad delivered. IOG, EMURGO, the Cardano Foundation, Midnight Foundation, and Intersect have proven they can coordinate and bring critical integrations to life when the ecosystem needed it. That coordination layer matters now more than ever. So let me show up the way I should. I will be in Singapore for the Cardano Summit and I will be on stage. I am also personally committing to partially top up our Token2049 sponsorship to Title level. Being on that main stage is where Cardano and Midnight need to be heard. To the Pentad, I am inviting all of you to sit down and have a real conversation about the future of governance and how we formalise this coordination going forward. I am 100% focused on Cardano and Midnight. Always have been. Let me prove it. #strongertogether