DRep Profile
Andreas Sosilo
As a Delegated Representative (DRep), my main goals are to help the Indonesian and global Cardano communities use their voting rights wisely to make better decisions for our blockchain. I will support efforts to prevent misuse of the treasury and ensure funds are used properly. I’m also dedicated to helping the community learn about DRep, Direct Voting, Governance Actions and CIP-1694. Additionally, I will support builders who create important tools for Cardano developers, helping Cardano grow stronger.
Objectives
As a Delegated Representative (DRep), my main goals are to help the Indonesian and global Cardano communities use their voting rights wisely to make better decisions for our blockchain. I will support efforts to prevent misuse of the treasury and ensure funds are used properly. I’m also dedicated to helping the community learn about DRep, Direct Voting, Governance Actions and CIP-1694. Additionally, I will support builders who create important tools for Cardano developers, helping Cardano grow stronger.
Motivations
I am motivated to become a DRep on the Cardano blockchain to assist those who want to use their voting rights to improve Cardano but may not have the time to engage with every Governance Action. With over four years of active involvement in Cardano and Project Catalyst, combined with my background in software development, I bring a deep understanding of the ecosystem. My goal is to ensure that every vote contributes to a stronger, more innovative Cardano.
Qualifications
I am a Cardano Ambassador with experience as a Translator, Moderator, and Meetup Organizer. I was part of the first cohorts for both Plutus Pioneer and Atala PRISM Pioneer Program from IOG. Since Fund3, I've been active in Project Catalyst as a voter, funded proposer, community reviewer, challenge team, milestone reviewer and more. I have strong knowledge of the Cardano blockchain and have hosted and spoken at Cardano Summit community-led events in Jakarta from 2021 to 2024. Additionally, I am passionate about sharing knowledge on using open-source tools to build DApps and smart contracts on Cardano, while also growing local developer community in Indonesia.
Payment Address
$andreassosilo
Metadata Hash
2b12457a1722ec0dee63ce0fd254463a4440140f655ab8fc5c313e3b7e15f32e
Unacceptable Security Risk
No easy way to submit transactions over Tor. Poses an unacceptable risk to governance participants and general users of Cardano.
Long‑Term Treasury Diversification Strategy
I would like to propose an approach for the long-term stabilization and diversification of the treasury. 1. Regular ETF Savings Plan (Broadly Diversified) A portion of the treasury funds could be regularly invested in a broadly diversified ETF (e.g., tracking a global equity index). The goal is to benefit from average market returns over the long term. The savings plan approach (Dollar-Cost Averaging) reduces timing risk Broad diversification minimizes concentration risk Passive ETFs are cost-efficient and transparent 2. Reinvestment of Returns into ADA Generated returns (dividends and/or realized capital gains) could be periodically converted back into ADA and returned to the treasury. Strengthens ADA reserves over the long term Creates an “external yield source” for the ecosystem Enables growth without relying solely on the crypto market 3. Complement through Tokenized Precious Metals (Gold & Silver) Additionally, a small portion of the treasury could be allocated to tokenized gold and silver (e.g., via providers like Finest). Why this makes sense (as a complement to ETFs): Crisis hedge: Gold and silver are traditionally considered safe havens in times of economic uncertainty Low correlation: Precious metals often move independently of equity markets → additional diversification Inflation protection: Gold in particular is widely used as a hedge against currency devaluation Portfolio stability: Helps reduce overall treasury volatility On-chain integration: Tokenized assets remain compatible with blockchain systems and can be managed flexibly 4. Conclusion The combination of: growth-oriented ETFs reinvesting returns into ADA and stabilizing precious metals could make the treasury more robust, sustainable, and less dependent on individual market cycles. I have come across similar approaches before, which is why I wanted to bring this idea back for discussion and further development. Feedback, criticism, and additions are very welcome. I’m not a developer or anyone who can implement this proposal. This is my first time making a suggestion, so please excuse me if something is wrong. Kind regards, René (rene.ada)
fund some test
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