Dave

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Dave

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
18.6K Takip Edilen25.5K Takipçiler
Dave
Dave@ItsDave_ADA·
@fllaropr Appreciate it! Means a lot to me.
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dongle
dongle@fllaropr·
@ItsDave_ADA Given the bumpy ride you had earlier in the year with Charles it's impressive to see you still pushing forward with super positive energy as always Dave. We all appreciate you
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Dave
Dave@ItsDave_ADA·
Right, let's kick off some Cardano on-chain governance voting for the budget cycle. With 69.27 million ADA voting power, I just voted NO on the governance action: Blockfrost: Maintenance and Next Generation Indexing, on behalf of my loyal delegates. Rationale I am voting NO on the Project Cayley and Blockfrost Treasury Withdrawal. I want to explicitly commend the Blockfrost team for their immense historical contributions and unwavering dedication to our blockchain. However, I must respectfully dispute the assertion that their infrastructure currently serves ninety percent of our ecosystem free tier traffic. Through my close and ongoing conversations with builders across numerous projects, the reality on the ground indicates a much more diverse infrastructure landscape. While Blockfrost is undeniably a foundational pillar, this specific metric appears significantly overstated, fundamentally weakening the justification for such a massive operational subsidy. Furthermore, it is imperative to contextualize this request within the broader scope of their historical funding and active commercial models. The community has already generously backed this team with well over one million dollars across thirty seven separate Catalyst proposals, in addition to a substantial one million three hundred thousand ADA Treasury withdrawal granted just last year for their platform community budget. As a consistent paid user of their premium tier for quite some time, I know firsthand that they possess a successful commercial revenue stream. A private enterprise collecting premium subscription fees should naturally transition toward self sustainability, rather than relying on massive Treasury subsidies to permanently float their operating expenses. Additionally, I am fundamentally opposed to the practice of bundling disparate funding requests into a single proposal. Bundling inherently creates ambiguity in governance voting, forcing representatives to either accept unjustifiable expenditures or reject otherwise valuable initiatives. While I acknowledge the theoretical merit in decentralized slice indexing to prepare for Leios, funding this architecture today is premature. I would strongly prefer to see this research presented as a standalone proposal when Leios is actually mainnet ready. Only at that juncture can we accurately measure the empirical increase in usage and data requirements necessary to justify this scale of investment. With ADA having fallen out of the top ten and struggling in price action against competing blockchains, our capital must be ruthlessly directed toward immediate value accrual. I strongly encourage the team to unbundle this request and return when Leios is live with a purely research focused initiative and reduced ask. As a final note, I would like to clearly establish my expectations regarding community conduct. I strongly reinforce the absolute requirement for utmost professionalism across our ecosystem whenever any active proposal has been submitted for governance review. Transaction adastat.net/transactions/7… My DRep profile (I created this governance site) governance.cardano-visualisation.com/drep/drep1ygsg…
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PartyHit@Cardano
PartyHit@Cardano@partyhitCardano·
@ItsDave_ADA This is a great and much needed governance tool, Dave. One feature that would be valuable (unless I missed it) is a DRep clustering system (eg grouping DReps by voting behaviour such as fiscal conservatives versus big spenders).
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Dave
Dave@ItsDave_ADA·
How much has your DRep actually committed to spend? DAVEGov lets you see it directly. Connect your wallet or search any DRep to view their committed spend across the current budget cycle and prior periods. You can also inspect how they behave, their mission. Voting patterns, participation, relative rank, and overall activity are all visible in one place. This gives a clearer picture of intent, consistency, and fiscal approach over time. If governance is about accountability, this is where it starts, enjoy! governance.cardano-visualisation.com
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Dave
Dave@ItsDave_ADA·
@blockjock2017 Haha, I'll do you a favour and say it's only for governance ;)
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$cerkoryn | dRep
$cerkoryn | dRep@Cerkoryn·
Built a simple tool for dReps to track their votes/priorities for all currently live Cardano Treasury Withdrawals. Stores your preferences in localStorage and you can drag+drop proposals to re-order them. Can also export a PNG/SVG to easily share them. Link in the comments 👇
$cerkoryn | dRep tweet media
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Dave
Dave@ItsDave_ADA·
@gigilatchoin I'm a huge fan also, learnt a lot myself :)
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gigi0309 ☉
gigi0309 ☉@gigilatchoin·
@ItsDave_ADA Yeah these people are seriously amazing. Helped me understanding technical stuff on Cardano and assisted with some ideas I had for a personal project
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Dave
Dave@ItsDave_ADA·
@gigilatchoin Couldn't agree more. I'd be comfortable supporting them for the right ask, they have consistently contributed towards the ecosystem without asking for anything.
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Dave
Dave@ItsDave_ADA·
@CashAnvil Definitely. I primarily built it for myself so I could track my spend against my NCL, not the approved NCL.
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$cash
$cash@CashAnvil·
@ItsDave_ADA Not only does it help delegates, it helps the dRep itself. I would love to know how many dReps actually have a budget besides just the NCL, and how many have a detailed breakdown by category. Probably alarmingly low.
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Whosh77 ☀️
Whosh77 ☀️@Whosher7732·
@ItsDave_ADA This is so important for us delegators 🤝 Cardano has always been marketed as the secure and trustworthy chain so it's time to move to the next step: full accountability (if not full transparency)
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Dave
Dave@ItsDave_ADA·
@JdYanks Thanks and welcome :)
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Dave
Dave@ItsDave_ADA·
DAVE stake pool achieved again another impressive epoch with 48 blocks, roughly a ~2.35% ROS for delegators. Super happy to announce that active delegators on epoch end, this Monday (21:45 UTC) will as a result receive noticeable increased ADA rewards in their wallets. Additionally, we have minted 29 blocks so far this epoch, with still well over 2 days to go! Thank you for trusting and delegating with DAVE stake pool.
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Dave
Dave@ItsDave_ADA·
@PfantasyHero 0, a few late evenings and lots of beer. Not bad for a self destructive community member I say. ;)
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PfantasyHero
PfantasyHero@PfantasyHero·
@ItsDave_ADA How large was your treasury withdrawal to create this governance tool? 😉
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Dave
Dave@ItsDave_ADA·
Let's empower holders by bringing them the data, to ask the right questions.
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Dave
Dave@ItsDave_ADA·
@EM_2275 They have closed it down to only Federated validators unfortunately, when it's open up to community ones then this will start once setup :)
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