Governance

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ipfs://QmZ2gXuC1x6jBsHmepMPaSVVUE2v1acpZaPFRoyerPYG8r
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Document

Hash (BLAKE2b-256)
362dbb68aa3eb721759cc64aeab1233514aa1c8ecf326c7df635edf5c7494c8d
Hash on chain
362dbb68aa3eb721759cc64aeab1233514aa1c8ecf326c7df635edf5c7494c8d
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Raw JSON-LD
{
  "@context": {
    "@language": "en-us",
    "CIP100": "https://github.com/cardano-foundation/CIPs/blob/master/CIP-0100/README.md#",
    "CIP129": "https://github.com/cardano-foundation/CIPs/blob/master/CIP-0129/README.md#",
    "CIP136": "https://github.com/cardano-foundation/CIPs/blob/master/CIP-0136/README.md#",
    "hashAlgorithm": "CIP100:hashAlgorithm",
    "body": {
      "@id": "CIP136:body",
      "@context": {
        "govActionId": "CIP129:governance-action-identifiers",
        "references": {
          "@id": "CIP100:references",
          "@container": "@set",
          "@context": {
            "GovernanceMetadata": "CIP100:GovernanceMetadataReference",
            "Other": "CIP100:OtherReference",
            "label": "CIP100:reference-label",
            "uri": "CIP100:reference-uri",
            "RelevantArticles": "CIP136:RelevantArticles"
          }
        },
        "summary": "CIP136:summary",
        "rationaleStatement": "CIP136:rationaleStatement",
        "precedentDiscussion": "CIP136:precedentDiscussion",
        "counterargumentDiscussion": "CIP136:counterargumentDiscussion",
        "conclusion": "CIP136:conclusion",
        "internalVote": {
          "@id": "CIP136:internalVote",
          "@container": "@set",
          "@context": {
            "constitutional": "CIP136:constitutional",
            "unconstitutional": "CIP136:unconstitutional",
            "abstain": "CIP136:abstain",
            "didNotVote": "CIP136:didNotVote",
            "againstVote": "CIP136:againstVote"
          }
        }
      }
    },
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        "name": "http://xmlns.com/foaf/0.1/name",
        "witness": {
          "@id": "CIP100:witness",
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            "publicKey": "CIP100:publicKey",
            "signature": "CIP100:signature"
          }
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  "hashAlgorithm": "blake2b-256",
  "body": {
    "govActionId": "gov_action1xk6yrz0tg72a2a63ytd99gapz46nlqlavckarleqt6nr8lyekd8qqp0ga3d",
    "summary": "I really like this proposal and appreciate the way it bridges Web2 users into the Cardano ecosystem. However, the risk and the overall ask of nearly 5 million ADA are just a bit too high for me to vote yes.",
    "rationaleStatement": "A [PDF version][pdf-link] of this rationale is also made available.\n\n[pdf-link]: https://ipfs.io/ipfs/QmVS5wcztwSTc7tn1aEK5TtVVPkG4NwfBpaX3CLgYcwgEi\n\nI really like this proposal and appreciate the way it bridges Web2 users into the Cardano ecosystem. However, the risk and the overall ask of nearly 5 million ADA are just a bit too high for me to vote yes. My main hesitation is that the repayment terms feel somewhat open-ended, without a clear deadline, minimum payment, or protection if revenues happen to fall short. Additionally, with the treasury providing ADA but being repaid against a fixed USD amount, the treasury takes on the currency risk—something that is especially important to consider given current market conditions where a rise in ADA's price would mean significantly less ADA comes back. While these financial mechanics give me pause, I won't stand in the way of this being funded as we absolutely do need initiatives like this in the ecosystem, so I am choosing to abstain.",
    "references": [
      {
        "@type": "Other",
        "label": "Rationale PDF",
        "uri": "ipfs://QmVS5wcztwSTc7tn1aEK5TtVVPkG4NwfBpaX3CLgYcwgEi"
      }
    ]
  }
}