DRep Profile

Ho

Homer J

Active
DRep ID:86c986afcf6a287eb706df965412e29f491bdb153dc531d210869a3f

Provide unbiased opinions/critique of governance proposals, aim to improve decentralization of the network, operate transparent services and provide assistance to users and developers on the Cardano blockchain.

Objectives

Provide unbiased opinions/critique of governance proposals, aim to improve decentralization of the network, operate transparent services and provide assistance to users and developers on the Cardano blockchain.

Motivations

Strive to advance Cardano as a useful tool/foundation for solving real-world problems.

Qualifications

Early tester/SPO from beginnings of Incentivized Testnet, member of Cardano Operator's Guild, co-owner of AAA stake pool (8500+ lifetime blocks), developer/tester/infrastructure provider for Koios Elastic API project, Scooper operator for SundaeSwap DEX since Jan 2022, software developer with 20+ years of experience

Payment Address

$aaa

Metadata Hash

c1169ce37e1ed80f4dbadcefde76ffbf59229b1b71dcdcfbaaf4d6c7f436e838

Voting History

CARDANO BLOCKCHAIN ECOSYSTEM CONSTITUTION v2.05

Pending
ABSTAIN

For a complete list of changes, see "List of changes from v1.00 to v2.05". Here is a list of the major changes: * Preamble / Article I / Article III / Appendix II: Minor wording improvements. * Defined Terms: New definitions added for clarity. * Article II: * Simplified wording. * Removed the Budget info action requirement for treasury withdrawals. * Removed outdated provisions (e.g., DRep/SPO Codes of Conduct). * Appendix I: * More precise definitions. * Fixed typos and inaccuracies. * Aligned with Article II changes on treasury withdrawals.

07/28/2025, 03:40 AM|Item: 290

Activate DeFi with USA – A Decentralized, Yield-Bearing Dollar for Cardano

Pending
ABSTAIN

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.

07/11/2025, 12:45 PM|Item: 293

Cardano Community Lead Constitution Update

Pending
ABSTAIN

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.

07/09/2025, 07:12 AM|Item: 287
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