DRep Directory

No Treasury Withdrawals until ADA > $3

No Treasury Withdrawals until ADA > $3 is an active Cardano DRep with ₳346K of voting power from 21 delegators. Voted on 60 of the 61 governance actions of the last six months.

Status
Active
Voting power
₳346,254
Delegators
21
Votes, last six months
60 of 61 governance actions
Explains their votes
4 of 60 votes came with a published rationale
Registered
25 Apr 2026
DRep ID
drep1ytpkv5fdc3cutccr5mp2leqrv2q5gt0uhka3gnrggcgrynsr4hxfp

Objectives

ADA price increase is the only remedy for our declining ecosystem. Stop the treasury spending. I will vote "NO" on all treasury withdrawal proposals until ADA price > $3 The following are 3 exceptions where appropriate voting consideration will be applied: - Loan withdrawals with BTC or Stablecoin collateral (sorry, but i don't care about your made up tokens) - NCL to be set to the Treasury income amount from previous year - Burning treasury funds

Motivations

Founding entities have massive power over the ecosystem. They have an incentive to keep drawing treasury funds and provide less than optimal results.

A natural hard-line opposition must be formed to counter the FE heavy voting power.

Freedom to delegate/un-delegate to this dRep when the ADA price matches your treasury spending criteria is a self regulating voting with your wallet.

Qualifications

none

Latest votes