Juspion

Biden will step aside. They'll go with Kamala. RFK is the best choice for US.

@IOHK_Charles Looks like Charles slept well and woke up on the right side of the bed.

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

@CryptoPoseidonn @follis_ Feeling your pain.

@follis_ Rountripped 8 figs on eth

Crypto will change your life This cycle alone I roundtripped 7 figures, developed a gambling addiction, alienated all of my friends, and ruined my mental health Truly life changing

@IOHK_Charles Vote for Charles guys, I admit he's right.

Happy Voting x.com/i/broadcasts/1…

@ItsDave_ADA insults and offensive language incoming, be ready.

Whale said it. I’ll say it too, and others that genuinely care about Cardano will continue to say the same thing. We need to be extremely fiscally responsible. As ADA holders, DReps, builders and long term participants in this ecosystem, every treasury withdrawal matters. Especially for those of us with significant exposure to ADA who are not asking for budget allocations ourselves. The treasury is not free capital. Every continued spend carries an opportunity cost to ADA holders and impacts long term sustainability. If Cardano wants to remain competitive and continue holding a position among the leading blockchains, spending needs to stay focused on essentials that create measurable value, strengthen infrastructure, improve adoption, or materially advance the ecosystem. Strong governance is not about approving the most proposals. It is about allocating capital carefully, understanding trade offs, and protecting the long term health of the network. That discipline matters. When is enough, enough?

@Crypto_R0D you don't have a clue, so don't act like you have any.

$BTC Monthly bearish retest is complete Next comes the macro bottom before the next bull run ✍️

Where are all you big Cardano lovers now, the ones who want Cardano to succeed? @snek announced that they’re starting to give a percentage to creators. As of today, on @snekdotfun they’re offering better terms than PumpFun gave creators even in its best days. We have a chance for the #Cardano ecosystem to shine like never before. We have a chance to reach the kind of $ADA volumes we’ve been dreaming about for years. We have a chance to change the narrative… And yet nobody is talking about this today? For nobody is this the biggest news of the day? Unbelievable. But when it’s time to argue about who voted yes and who voted no on proposals, then you can debate all day long… Shame on the ecosystem. $SNEK team (@goofy_crisp, @CardanoRami) has been building for years, only for the ecosystem to stay silent today? WTF?

@log1_053 worst crypto analyst on the planet by far.

Bro who told you to buy local tops last week now tells you it looks bad

@JustinBennettFX Worthless scammer

Me: BTC to $30k, ETH to $500 Crypto Bro: Not possible. That would destroy alts. There are 50 million alts on the blockchain, and maybe 0.1% have any real utility, and that's being generous. Me: Yes, and?

@Crypto_R0D just draw random stuff and stick a wyckoff graph to it, max-analyzooooooor

$BTC is preparing the biggest accumulation bottom of all time, and most will miss it I'm buying every dip and targeting $162,600 by early 2029 Conviction will pay.

@IOHK_Charles @WhiteHouse Only if you are in a clan of biggots

@WhiteHouse You're supposed to leave your helmet on....

In a galaxy that demands strength - America stands ready. This is the way. May the 4th be with you.

@IOHK_Charles @Filecoin Meanwhile $86k liquidity on usdcx

Great interview with @Filecoin they will be releasing it soon. Wonderful ecosystem and team. I'm glad that Cardano has been collaborating with them for years.

@CryptoGnojek Play stupid games, win stupid prizes.

🤭

@goofy_crisp Happy birthday to $SNEK!!!

3 years ago, we launched the $SNEK presale. It raised 113k ADA from 449 participants, far more than I expected. The rest is history. I never thought I’d leave my 7-year engineering career to build a brand and community, but looking back, it was one of the best decisions I’ve ever made. Since then, we’ve met incredible people, traveled across the world, and built something far bigger than a token. We’ve built one of the best communities in the entire crypto space, and I truly believe the best is still ahead of us. Happy birthday to Snek, and here’s to many more.

@IOHK_Charles At fucking last.

Welcome Lace Mobile

@jasonappleton Meanwhile $86k liquidity on usdcx

Its true. Everyone has let the trolls and FUD monsters manipulate their perception because the markets played everyone this cycle because of the CLARITY act negotiations everyone knew was coming. Charles has become the scapegoat because he isn't about the bullshit.

@yutazzz Meanwhile $86k liquidity on usdcx

I am voting YES on the "IO: Consensus Initiative" governance action. Leios is necessary for Cardano to compete with rival L1s whose scalability already far exceeds ours. I hold three significant concerns about this proposal, but on balance I still recognize that this work is needed. 1. Trade-offs imposed on SPO operations are not quantified The disclosure on this point is, in my view, insufficient. Parameters will of course be chosen carefully, but based on the publicly available information, the impact on SPOs is unlikely to be small, and the possibility that some smaller SPOs are pushed out cannot be ruled out. There may well be internal data that would refute this concern, but none of it is visible in the proposal. That said, ultimately these are parameter-level questions and therefore tunable. Even taking these possibilities into account, the necessity of Leios outweighs them. 2. Cardano does not currently have transaction volume that demands Leios-level capacity This has been a long-standing critique. However, this may well be a chicken-and-egg situation: it is plausible that projects requiring that level of throughput are not being built on Cardano precisely because the chain does not offer that capacity. At the very least, without being able to demonstrate capability on par with competing L1s, Cardano cannot win. 3. Mainnet activation of Leios is explicitly outside the scope of this proposal's commitments Given the heavy parameter-consensus work and governance work that will be required, this is unavoidable. In fact, my recollection is that the current timeline is already considerably more aggressive than what Well-Typed originally envisioned — to the point that several developers have voiced the opposite concern, that the schedule is too rushed. Because this is a foundational change to the protocol, we should not hold excessive expectations about activation timing. There may be various other smaller concerns, but none of them outweigh the necessity of this work. I am therefore voting YES. For reference, here is my slightly negative AI scoring and demo page. Even considering the concerns analyzed by the AI, I still vote YES. adatool.net/leios-demo adatool.net/io-proposals

@JaromirTesar Such as until $2 you only get 40% of what you asked, so that "they're trying to defund us" argument is no longer valid

@JaromirTesar Why don't we give out treasury funds as a future reimbursement based on a KPI, at least some part of the total requested amount.

As a DRep, I have decided to vote YES on the proposal: IO: Cardano Upgrades. My rationale: This is a strategically important proposal. Although it is a bundled proposal, the work streams are naturally connected around economic UX and treasury mechanics. In this case, I consider bundling acceptable. The three core components are meaningful: 1) CIP-159 / Account Address Enhancement: This represents fundamental protocol infrastructure. Enabling micro-fees, reducing batching costs, improving L2 reserve management, and supporting future multi-asset account logic would bring tangible benefits to the ecosystem. 2) Multi-Asset Treasury Design: This is strategically valuable from a governance and financial perspective. A treasury held solely in ADA is exposed to volatility, and enabling support for stablecoins or other native assets could strengthen long-term resilience. The proposal focuses on delivering a CIP, which is an appropriate first step. At the same time, given the sensitivity of this topic, broader alignment with the community and DReps would be beneficial. 3) Babel Fees: This is likely the most adoption-focused component. Requiring users to acquire ADA before interacting with the network introduces real friction. Fee abstraction is a meaningful UX improvement. However, the current deliverable is limited to a single provider. While this may be acceptable as an initial step, it should be clearly understood as a centralized prototype rather than a fully decentralized infrastructure. The proposal states that the architecture will be designed for future extensibility towards a permissionless model. I find the budget section of this proposal insufficiently detailed for a treasury withdrawal of this size. While high-level categories are provided, there is no clear information on the number of engineers involved, salary assumptions, or time allocation across work streams. This level of detail is commonly expected even from smaller treasury proposals, where teams often provide transparent breakdowns to justify their funding. For example, the proposal by Blink Labs for the Dingo node clearly outlines team size, cost per FTE, duration, and contingency assumptions. This allows DReps to properly assess cost efficiency and realism. Governance standards should be applied consistently across all entities, regardless of size or submitter. It is therefore reasonable to expect the same level of transparency and rigor from IO as from smaller teams. Without this level of granularity, it is difficult to fully assess whether the requested funds are justified and responsibly allocated. At the same time, I recognize the broader context in which these proposals are submitted. I am prepared to support selected proposals from IO, even where certain aspects are not fully specified or could be improved. While I strongly encourage higher standards of transparency and more granular budget breakdowns in future submissions, I also acknowledge the importance of ensuring that core contributors to the ecosystem remain operational and capable of delivering critical infrastructure. It is also important to recognize the evolving cost structure of the ecosystem. Cardano is moving towards supporting multiple independent node implementations, which will require recurring funding similar to what has been provided to IO. If we want to preserve the ability to fund other critical areas, such as community builders, DeFi development, governance, liquidity, and marketing, we must remain disciplined and responsible in how Treasury funds are allocated. My view is that a significant portion of the Net Change Limit (around 50% or potentially less over time) should be sufficient to support the development and maintenance of all node implementations in the ecosystem, not just those led by IO. To summarize, all three components of this proposal address real limitations in the current Cardano ecosystem and have the potential to deliver meaningful improvements. CIP-159 strengthens the protocol by enabling more flexible and efficient account mechanics, which can lower costs and improve infrastructure for developers and L2 solutions. Multi-asset treasury design enhances financial resilience and governance by reducing dependence on ADA volatility and enabling more sophisticated funding models. Babel Fees directly improves user experience by removing a key onboarding barrier, allowing users to interact with the network without first acquiring ADA. Together, these features contribute to a more accessible and economically robust ecosystem. While the proposal could benefit from greater transparency in its budget and delivery structure, the overall direction is aligned with Cardano’s long-term growth and competitiveness. If you'd like to support my work, consider delegating to the MANDA pool and backing me as a DRep. Your support is the only way I can get time for governance. MANDA Pool ID: pool1c3fjkls7d2aujud8y5xy5e0azu0ueatwn34u7jy3ql85ze3xya8 My DRep ID: drep1y2m0g4r66pyaw3p7u454wc0p4f0ygm8ueaev0mgd3tvwm7sskqwqp

@JaromirTesar I am not a drep, just a simple holder. Dreps with big followings should facilitate this or at least discuss this.

@Nomos_guild Looks great

Visualising & mapping out Cardano Treasury spendings. link below