This document doesn't follow CIP-108 or CIP-119, so there is nothing to lay out. The raw JSON is below.
Governance
Anchor document
https://most-brass-sun.quicknode-ipfs.com/ipfs/QmcStioCX1sftVjKBYbmxyHwJqSugitCkBncWK6sVFXrsi
Hash matches the chain Open original
Document
- Hash (BLAKE2b-256)
- 7f8aca4e5e45618d19ee9195253c5aa9aaeefb4a272cd75b4f00b1ce67a897ba
- Hash on chain
- 7f8aca4e5e45618d19ee9195253c5aa9aaeefb4a272cd75b4f00b1ce67a897ba
Raw JSON-LD
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"comment": "* Treasury runway is shrinking rapidly and must be protected. ~1.51–1.62B ADA remains (~$260M USD at ~0.16 USD/ADA). The 350M ADA 2026-27 NCL already risks ~21% treasury drawdown. Aggressive prior spending + ADA weakness demands selectivity to avoid depletion before real adoption.\n* Infrastructure is important, but it is not the primary bottleneck. Cardano's core tech is solid. The ecosystem stalls on adoption, liquidity, developer experience, and compelling use cases (DeFi, RWAs, revenue-generating apps). Broad infrastructure funding without adoption KPIs won't drive organic ADA demand.\n* Hoskinson's concerns deserve respect, but governance requires balance. Core maintenance matters for competitiveness. DRep duty is long-term sustainability: not unlimited spending. Past allocations often failed to yield proportional TVL/users/ADA utility. Prioritize evidence-based proposals.\n* Better capital allocation strategy: Favor high-leverage use-case initiatives with clear milestones, revenue/ADA return mechanisms, private co-funding, and proven traction. Target specific tech unlocks only when tied to measurable adoption impact. This builds real value without creating dependency."
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}