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Dave
40.2K posts

Dave
@ItsDave_ADA
Cardano SPO - Search for DAVE stake pool. Cardano DRep - $drep@itsdave_ada I rarely check DM'S.
United Kingdom Katılım Ekim 2009
18.7K Takip Edilen25.4K Takipçiler

I don’t know who coordinates the @MidnightNtwrk ambassadors, but I think it should be mandatory for everyone to sign an NDA and to commit to not attacking each other online. In the last 15 days, I’ve seen at least 6–7 KOLs on X calling each other out and speaking badly about others within the ecosystem, and then I realized they all had one thing in common: they are Midnight ambassadors. Maybe Midnight can take some action here in the interest of the entire ecosystem and the future of Cardano ❤️
@MidnightIntern_ @midnightfdn @MidnightNtwrk @IOHK_Charles @F_ZK_Now
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FluidTokens TVL is up +23.76% over the past 7 days.
That usually means one thing. Capital is finding somewhere it can actually work.
What I think is happening here is fairly simple. The system is giving users more ways to deploy assets without forcing them into a single path. Fixed term loans, perpetuals, refinancing, custom structures, even asset specific markets like GOLD and $IAG all widen what can be used as collateral and how it moves. That naturally pulls in more supply especially after the recent events.
The yield side is also clearer than most. Staking vaults, pools, and fixed incentives make returns easier to reason about. When people can understand what they are likely to earn, they are more comfortable putting a meaningful size to work.
Under the hood, the experience matters more than people think. Gasless transactions, native fee payments, and smart accounts remove a lot of the small friction points that usually slow things down. Automation and oracle inputs let more complex behaviour run without constant manual input.
You also start to see capital stay inside the system. Rentals, liquid staking, and fee sharing mean users do not have to unwind positions just to find yield elsewhere.
To me this looks less like a single lending product and more like a credit layer starting to form properly.
Keep up the great work @FluidTokens

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Is it time to start identifying block producers on the network? 🤔
github.com/cardano-founda…
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@FluidTokens @elraulito :) keep up the great work! Absolutely deserved.
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@ItsDave_ADA Dave, please go easy with these posts, @elraulito is getting uncontrollably bullish

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Altcoins Awaiting ETF Approval in 2026
The institutional floodgates are opening. Here's who's filing:
$ADA: Grayscale, 21Shares, Bitwise
$AAVE: Grayscale, Bitwise
$DOT: 21Shares, VanEck, Bitwise
$AVAX: Bitwise, Canary Capital, VanEck
$CRO: Truth Social Funds
$SUI: 21Shares, REX Shares, Bitwise
$SEI: 21Shares, Canary Capital
$ZEC: Grayscale, Bitwise
$TAO: Bitwise
$NEAR: Bitwise
$INJ: Bitwise
$RENDER: Bitwise
$FET: Bitwise
$STRK: Bitwise
$HYPE: Bitwise
$ICP: Bitwise
Grayscale, 21Shares, Bitwise, and VanEck are leading the charge.
$ADA has the highest approval odds (90%) with CME futures launched Feb 9, earliest approval by Aug 9, 2026.
Bitwise alone filed for 11+ altcoin ETFs including AI (TAO, $FET, $RENDER), DeFi (AAVE, INJ),andL1/L2infrastructure(INJ), and L1/L2 infrastructure (INJ),andL1/L2infrastructure(NEAR, $STRK, $ICP).
When these ETFs go live, TradFi capital gets seamless access to alts. No wallets. No custody headaches. Just exposure.
Which approval are you most bullish on?
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The first Cardano node diversity block has been successfully accepted onto preview.
Huge milestone.
Blink Labs@blinklabs_io
Our first preview testnet block using Dingo has been accepted to the network. preview.cardanoscan.io/block/4119738
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@ItsDave_ADA Fluid is amazing, but are you forgetting something that happened recently?? Kinda odd to not include the actual reason, Davezilla........
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Our first preview testnet block using Dingo has been accepted to the network.
preview.cardanoscan.io/block/4119738

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Perps volume on Cardano is up +28.45% over the past week.
This is significant growth at a perfect time, as perp interest increases across the entire industry rapidly.
STRIKE has just jumped into the top 85 of all perp protocols across the entire industry.
Great work, and keep pushing @strikeperps

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I noticed the USD values are incorrect in Catalyst, they look to be point in time of ADA when the project starts, not per distribution. For example the funding I asked for in my proposals is at least 2 and a half times less after distribution than what is stated, which is tough, but we push through.
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@dori_coin Also the screenshot from the catalyst website is a pretty low move
I don't know how they get to those USD numbers but at least in my experience, I received **much*" less in USD value than what the website reports
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I recognize the contributions Blink Labs has made to Cardano, and I'm rooting for you going forward. That said, as a DRep, I want to ask a few questions to make sure treasury funds are being used fairly and to address some concerns others might also have.
1. Why a governance action instead of Catalyst?
Personally, I think it makes more sense to go through Catalyst, validate deliverables at each milestone, and receive funding step by step rather than securing a large amount upfront through a governance action. Relying on treasury funds every time node development is needed isn't sustainable, and allocating a significant amount to a single organization before key milestones are proven does carry real risk. What specifically makes Catalyst unworkable for this scope of work?
2. Is Catalyst funding really insufficient?
You mentioned that Catalyst funding is always insufficient. But you've had seven proposals approved and currently have three still in progress. When I checked the repository, it looked like most contributions are coming from just one or two people. So when you say funding is lacking, are you mainly referring to the cost of those one or two contributors, or are there other factors involved?
3. Is the Catalyst milestone process really that broken?
You said that proving Catalyst milestone deliverables is very difficult. But even with its flaws, the process does function as a validation mechanism. Looking at the recent zkFold situation, it was actually possible to pass validation even with questionable proof. That suggests the bar isn't impossibly high. The process can be improved, but that doesn't seem like a strong enough reason to bypass Catalyst entirely and request large-scale funding through governance.
4. Why request additional large-scale funding while running three active Catalyst projects?
I understand Catalyst has been paused, but you still have three ongoing projects. Adding a large-scale governance-funded initiative on top of that would increase overlap and workload. Why push for expansion and hire more developers at this point, rather than completing what's already in progress first?
I'm asking these questions in good faith. I want to see Blink Labs succeed, but I also want to make sure the process is fair and sustainable for the broader Cardano ecosystem.

WOLF31O2.md@wolf31o2
@dori_coin Even with Catalyst funding, we were always resource constrained, which kept our scopes smaller and incremental. It's also historically been very difficult to prove milestone deliverables were met with the reviewers. It's been high friction. Now, it's on pause.
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Breaking News
Cardano (ADA) has now been formally detailed by the SEC as a digital commodity, not a security today.
It is written directly into the Commission’s latest interpretive release. (Released Today)
A digital commodity is an asset that derives its value from the programmatic operation of a functional crypto system, not from the expectation of profits driven by the efforts of others.
ADA is listed alongside Bitcoin and Ethereum under that classification.

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