DRep Profile
CLYDE_phrankerCO
As a DRep, I believe in the power of decentralized governance to drive meaningful change. My objective is to represent my delegation as well as stakeholders by advocating for transparency, and responsible decision-making, as we shape the future of the Cardano ecosystem.
Objectives
As a DRep, I believe in the power of decentralized governance to drive meaningful change. My objective is to represent my delegation as well as stakeholders by advocating for transparency, and responsible decision-making, as we shape the future of the Cardano ecosystem.
Motivations
I'm active in the Cardano community and have been for years. I stay engaged and informed about developments within the ecosystem, taking pride in understanding what's going on in our community. Becoming a DRep allows me to contribute on a deeper level, using my experience to represent the interests of stakeholders. With my background I aim to bring a balanced perspective to governance decisions while supporting the growth and integrity of Cardano.
Qualifications
I am a full stack developer with extensive experience in the crypto space, starting in 2017 and focusing on Cardano since 2021. I manage the CLYDE stake pool, which has been operational since 2/2/22. Additionally, I launched one of Cardano’s original memecoins, further deepening my understanding of blockchain technology, community engagement, and decentralized finance. My technical expertise, hands-on experience in the Cardano ecosystem, and active involvement in the community uniquely qualify me to represent stakeholders effectively as a DRep.
Payment Address
addr1q8eqhfaksuj5k7ts9ldqnm6km38p2dvevs94ncmaw5g4565jp62n3v953kqykl8zgh5ctamrwvu2380z4ndh6zch4l3skdvkdm
Metadata Hash
6398ead3ade2861e5ef690b2cd3b85e0a8d6fa028ae26085759927e7047941e7
Metadata URL
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.