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Cardano DReps:
Pertaining to the NCL Increase & Alpha Growth proposals, I'm sincerely asking you all to look beyond past spend mishaps or other potential blockers of this proposal and consider this only through the lenses of "Cardano DeFi Competitiveness."
For years now, we have all taken the approach of "if we build it they will come" and that has obviously not been the case for a multitude of reasons, and this is our chance to undo and/or resolve many of those DeFi infra shortcomings.
I'm very much aware of the exhaustion on the topic of governance and concern on spending, but I'm afraid this is no longer a situation we can hope to organically resolve itself. It simply won't. We need to be bold and aggressive with a DeFi acceleration and spending plan in order to put this ecosystem on the map along with everything we have all collectively and tirelessly worked towards for years now.
Cardano has a real chance here to level the playing field and get mission critical infra gaps filled that will bring fresh, sticky liquidity. As liquidity inflows result as part if this proposal, everyone materially involved or invested in the Cardano brand stands to benefit from the fresh adoption and new investors across the board. Not only will Cardano be attracting net-new TVL as part of the proposal's aims itself, but there will be organic growth from these gains as more traction and awareness spreads. We all win.
Taking the "more of the same" approach is becoming increasingly obvious that this will NOT be in Cardano's best interests long term.
We have time still to alter course and steer this ship in a better direction, let's not squander it!
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