
Seomon
1.1K posts

Seomon
@Seomon4u
Catalyst Builder @cardafterdark 🏗 | Cardano Ambassador 🤝 | DRep 🏛️ Into: Tech🛸 | Science🔬 | Memes😄 | Sports🏀 | Food🍜 🖤












Speaking in my personal capacity, I've been closely following the community discussions regarding the Cardano Foundation's DRep vote on the HLabs proposal for Pebble + Gerolamo. Governance is a marathon, and I want to be fully transparent about the Foundation's decision-making process. First, let's address our rationale. The Cardano Foundation recognizes Harmonic Laboratories as a highly skilled team, and we strongly support Pebble as a strategic "gateway" to attract Web2 developers. However, after extensive review, we could not support the combined proposal due to concerns regarding the Gerolamo browser node's practical utility and the overall budget efficiency (including the 10 FTE ask). Since the requirement for a budget info action before a treasury withdrawal no longer exists in the new constitution, the primary mechanism DReps have to request changes is to provide a detailed rationale and vote NO. This is the governance model functioning as intended. To put the broader vote outcome into perspective, it is helpful to look at the statistical reality of the governance action outcome: - The CF's direct voting power is roughly 133 million ADA (about 2.4% of the total active voting stake). - In total, the proposal saw 763 million ADA in active NO votes and almost 600 million ADA in voting power that did not engage, which effectively acts as a non-approval. - The CF currently delegates over 360 million ADA, way more than our own voting power, to 18 community DReps with zero strings attached. - Out of those 18 DReps, 12 voted YES (I've attached a screenshot showing the exact breakdown of how these DReps voted for full transparency). This means roughly 240 million ADA delegated by the CF backed the proposal via CF delegation. The 12 DReps that voted YES roughly represent 420 million ADA (7.4% of the Active Voting Stake). Voting NO is difficult, but it is not the end of the road. We do not want to see the momentum behind Pebble stall. We strongly encourage HLabs to unbundle this proposal and return with an improved Treasury Withdrawal for Pebble and their vital TypeScript tooling maintenance. If you are interested in reading more about our reasoning, you can read our full voting rationale here: ipfs.io/ipfs/QmZ3h6nWx…













There's two types of people in Cardano right now. 1) There are those that complain 2) And there are those that wake up every day & work hard on fixing the problems You gotta chose which one you want to be.






