DRep Profile
Cerkoryn
My primary objective is to enhance the Cardano ecosystem by addressing key issues such as "sticky stake" and improving the Rewards Sharing Scheme (RSS). I aim to spearhead an Incentives Working Group through Intersect this Winter to develop and implement these improvements. Additionally, I believe in prioritizing the completion and integration of Ouroboros Leios and the development of alternate node clients to ensure a robust and scalable network. It is crucial that the teams building node clients collaborate closely with the teams developing Ouroboros Leios, as both are significant priorities and the node clients will depend on the successful completion and implementation of Ouroboros Leios.
Objectives
My primary objective is to enhance the Cardano ecosystem by addressing key issues such as "sticky stake" and improving the Rewards Sharing Scheme (RSS). I aim to spearhead an Incentives Working Group through Intersect this Winter to develop and implement these improvements. Additionally, I believe in prioritizing the completion and integration of Ouroboros Leios and the development of alternate node clients to ensure a robust and scalable network. It is crucial that the teams building node clients collaborate closely with the teams developing Ouroboros Leios, as both are significant priorities and the node clients will depend on the successful completion and implementation of Ouroboros Leios.
Motivations
My motivations are centered around the belief in sound money that operates within a secure, egalitarian, and modern financial system, free from the control of a handful of elites. I am driven by the desire to enhance freedom for everyone. By becoming a delegate representative, I aim to contribute to the development of a financial ecosystem that embodies these principles, ensuring that Cardano remains a beacon of decentralized governance and finance.
Qualifications
With dual Bachelor's Degrees in Psychology and Cybersecurity, I'm afforded a unique technical perspective within the Cardano community. My hobbies include working on open source tools and side projects and I have a working understanding of Plutus and eUTxO architecture. This year, I attended the Indianapolis dRep Workshop and Chicago dRep Pioneer Course in-person, where I had the opportunity to meet and engage with many great Cardano visionaries. As a founding member of Intersect and an active participant in the Cardano community, I am well-equipped to represent and advocate for the interests of Cardano delegators.
Payment Address
addr1qyyuf3ua0e2sjas9egqjqvza6ut3jyn0kxr3e5l2upeuasgsfm9826q0pkhau2kf6nuj0065dgejfen0kk6t7cg0d9yqedh07y
Metadata Hash
c881b5413ab2047859fd480608cfd6c94fc38951c97f6edcdcd3e2e88d703415
Activate DeFi with USA – A Decentralized, Yield-Bearing Dollar for Cardano
This proposal seeks treasury support from the Cardano Foundation to strategically bootstrap liquidity for USA, a yield-bearing synthetic dollar [digital asset mimicking USD value via algorithms or derivatives] developed by SMARDEX and collateralized by long ADA positions. Already successfully deployed as USDN on Ethereum, USA uniquely combines genuine decentralization, trustless yield generation, and market-neutral stability, appealing to an underserved, critical and growing niche in the current DeFi landscape. This proposal is more widely available on the References and Supporting Information below, with the text here being intentionally short and concise. USA’s innovative design eliminates reliance on centralized entities or manual interventions, utilizing fully on-chain, autonomous perpetual futures markets to deliver sustainable yield. This differentiates it sharply from existing stablecoin solutions, which either lack yield entirely (e.g., GHO, sUSD) or rely on centralized management (e.g., USDe). Its Cardano-native architecture ensures seamless integration and composability within the ecosystem, avoiding cross-chain risks and enhancing resilience. By strategically deploying protocol-owned liquidity into USA, this proposal not only resolves the classic "cold start" liquidity challenge faced by new assets but actively fosters enduring economic activity and ecosystem growth. Unlike transient incentive programs that attract short-term, mercenary capital, treasury-supported liquidity in USA establishes deep, durable market foundations. The capital provided by the treasury remains fully under Cardano's control, accessible at all times through transparent, non-custodial, and permissionless smart contracts. In short, this initiative positions Cardano at the forefront of decentralized stablecoin innovation, creating lasting value through a sustainable, yield-bearing, and entirely Cardano-native asset.
Cardano Community Lead Constitution Update
This proposal establishes a Governance Workstream Consortium which establishes decentralized execution framework, ROM Multisig Model, to support the delivery of constitutional dept workstreams in Cardano. Its core aim is to ensure that budgeted governance tasks are completed verifiably, transparently, and without relying on a single administrator.
Parameter change proposal - Lower minPoolCost to 0
(at the time of writing the gov.tools site did not have a Parameter Change dropdown value on Propose a Governance Action page implemented yet, although I hear it is in the works) This proposal is to change the parameter "minimum fixed rewards cut for pools (minPoolCost)" value from it's current value of 170 Ada to 0 Ada. This is to allow stake pool operators to set their fee structure as they see fit - without always forcibly taking a chunk out of pool rewards, the protocol-level action which results in continually growing gap (as the per-block reward continues to reduce over time, by staking design) in maximum ROI that a given small pool can offer compared to a big pool with similar fee structure in place.
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Building Together to Drive Cardano Forward.