pig.night

@JaromirTesar Treasury should not dominance of existing entities. Totally agree.

Treasury should not unintentionally reinforce the dominance of existing entities. Its purpose is to allocate ADA efficiently while supporting long-term decentralization. This practically means supporting DReps in building a coordination layer, gaining a broader context, and making strategic decisions. And also enabling them to become executors. Founding entities remain in the role of executors and thus naturally consolidate their position as leaders. DReps formally control funding decisions, but their role is mostly limited to approving proposals, including Treasury spending. In theory, they should be able to adjust scope, modify proposals, or terminate funding. In practice, there is no clear process or coordination layer that would allow them to exercise this power effectively. As a result, coordination is implicitly handled by entities like Intersect, which fills an operational gap but also concentrates influence. At the same time, founding entities, together with Intersect, continue to act as both strategy proposers and executors. They bring track record, relationships, and informational advantage, which naturally position them to shape outcomes. Leadership comes from the ability to mobilize people and deliver outcomes. Leadership in Cardano remains informal and fragmented, emerging somewhere between these entities rather than being clearly defined. DReps, by contrast, remain largely in the role of legitimizers. Without coordination, they are not able to define strategy, act as executors, or establish leadership. Is this a desirable setup forever? I don't think so. If decentralization is the goal, this imbalance needs to change. In my view, DReps must evolve beyond passive governance and begin to build their own execution capacity. A practical path forward would be the creation of specialized DAOs, where DReps can collaborate with domain experts, define processes, and take responsibility for funding allocation and delivery. This would introduce competition among executors, reduce costs, and create a healthier dynamic around leadership. The example of Catalyst illustrates the current limitation. Although ADA holders could vote, the design and execution of the system remain in the hands of founding entities (formerly IO, now CF), reinforcing dependence rather than reducing it. There is already a governance layer to build on. ADA holders trust DReps to evaluate large proposals and make important governance decisions. That trust could extend to execution, but only if DReps organize themselves, deepen their collaboration, and build their own context over time. This process started last year when CB DAO was funded. This year, DReps can expand the scope and strengthen their position. Founding entities will continue to play a critical role. But a more balanced system can emerge if DReps become not only a source of legitimacy, but also a source of leadership and execution. I am convinced that this direction of evolution is natural and desirable in the name of decentralization.

@PaddyCTO I like it

Now imagine No treasury withdrawal's until ADA > $1 We would all pull together and promo/market/change the narrative. Instead its treasury mayhem ☹️

⚡️CARDANO STABLECOIN SUPPLY NEARLY TRIPLES IN A YEAR Cardano’s stablecoin market cap has nearly tripled over the past year, signaling growing activity across its ecosystem.

@yutazzz Developer Experience Initiative should have KPI with github stars

@yutazzz Your dashboard is very clear. And wow Developer Experience Initiative for 3M ADA...

This is an AI-generated output, but it contains an overview of the IO proposal, including an analysis of its merits and demerits. I hope you find it helpful! adatool.net/io-proposals

@yutazzz Importantly, I wonder what the strategies to bring in liquidity from Bitcoin. Tech is awesome, but it'd just be possibilities. We need realities

Could you please provide a list of LinkedIn profiles for the people leading Pogun? I'd also like to know about their past successes in Cardano-based DeFi businesses (Tx, TVL, etc.).

@yutazzz you should be funded

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@SpentronSpence if they leave, we can pick up their ADA for cheaps and start dev-ing #Cardano ourselves

I’ll be waiting for the “if it’s not funded we will leave Cardano threat.” I give it a few weeks maybe a month.

@nayibbukele please save $ADA price

It’s lonely at the top…

@justinsuntron Consider buying $ADA when you rug

Ok. I'm officially announcing: the most decentralized blockchain in the world is Tron.

Just a reminder to all #DeFi guys migrating your USDC/USDT to Solana or Tron – you still do not own your tokens. Circle and Tether own them. On Cardano you actually own your Cardano Native Tokens (CNTs) like USDCx or USDM.

@yeaookk Companies should fund 50% of their proposals themselves. Skin in the game.

Cardano treasury is just a pool of free money to extract from without ever having to risk any of your own money. And if you don't get funded, these companies won't continue with their proposal because they know it will lose them money.

@OneAmXYZ Does this compromise the data privacy ?

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@TheOCcryptobro @Cardano_CF Cardano needs some serious reform

#Cardano fam, remember Farid being flown to Dubai and put in a luxury hotel on community $ADA? Add insult to injury was HONORED by the @Cardano_CF with an award?!? Honestly who actually voted for him? Great example of everything that’s wrong with our “governance”…..

@TedPillows Pick a chain that is similar to $BTC => #Cardano

Yesterday I had a moment of panic, thinking AAVE had been compromised. Now I’m really unsure what to do with my staked assets. This is really bad for DeFi and its adoption by institutional investors.

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This bridge doesn't include $USDCx on #Cardano. @IOGroup

@USDC no $USDCx on #Cardano ?

Introducing the USDC Bridge. A direct way to move USDC crosschain. Built and operated by Circle, USDC Bridge gives you a predictable, transparent way to move USDC between chains: → Native burn-and-mint transfers → Clear fees upfront, with live status and progress → No route selection. No bridge complexity. → Destination gas handled automatically Move USDC. That’s it. bridge.usdc.com