DRep Profile
Mike Rogero (羅邁凱）
For centuries, the economy was constrained by trust. Family businesses dominated because trusting others with cash or goods was risky. That changed in 1458 when Luca Pacioli introduced double-entry bookkeeping, reducing the need for trust and enabling businesses to scale to corporations, laying the foundation for our global economy. Yet, even with this system, risks remained: Can we trust accounts, amounts, and promises, knowing they could be altered? Blockchain is the next evolution of trust. It makes every transaction verifiable, every decision traceable, and every record immutable. Blockchain doesn’t eliminate bad actors, but it makes it far harder for them to do damage, creating a new era of built-in transparency. I believe Cardano is the best platform to build that trust-less financial ecosystem which will benefit all mankind. As a DRep, I’m committed to helping guide Cardano toward that end.
Objectives
For centuries, the economy was constrained by trust. Family businesses dominated because trusting others with cash or goods was risky. That changed in 1458 when Luca Pacioli introduced double-entry bookkeeping, reducing the need for trust and enabling businesses to scale to corporations, laying the foundation for our global economy. Yet, even with this system, risks remained: Can we trust accounts, amounts, and promises, knowing they could be altered? Blockchain is the next evolution of trust. It makes every transaction verifiable, every decision traceable, and every record immutable. Blockchain doesn’t eliminate bad actors, but it makes it far harder for them to do damage, creating a new era of built-in transparency. I believe Cardano is the best platform to build that trust-less financial ecosystem which will benefit all mankind. As a DRep, I’m committed to helping guide Cardano toward that end.
Motivations
The Cardano ecosystem won the lottery when control of the protocol and treasury was handed to the community. But like most lottery winners, we risk squandering these resources and ending up broke. That’s why I volunteered to be a DRep—because Cardano has the potential to become a global powerhouse, but only if we manage its resources wisely. Too many see the treasury as ‘other people’s money,’ and that mindset will lead us to failure. We’ve been given something valuable, and how we manage it will define Cardano’s future. If we waste these resources, we’ll become a cautionary tale. My goal as a DRep is to ensure every investment grows both the ecosystem and the treasury. We must demand discipline, focus on return-based spending, and stick to crypto’s core principles: fixed monetary policy and responsible inflation. I’m not here just to stop waste—I’m here to help Cardano realize its potential. Together, we can build a sustainable, thriving ecosystem positioned for long-term success.
Qualifications
With over 30 years of experience in advertising and technology sales, I know how quickly money and time can be burned on ineffective strategies and marketing. As a financial analyst and fraud examiner, I’ve learned to question every promise and scrutinize every report. My training in anti-money laundering helps me spot red flags that could erode trust in our ecosystem. I bring these skills to ensure that Cardano’s resources aren’t just preserved, but grown and optimized for the long term. I hold the following credentials: MBA from INSEAD CFA Charter holder (Chartered Financial Analyst) CFE (Certified Fraud Examiner) CAMS (Certified Anti-money laundering specialist) BA American University's School of International Service
Payment Address
addr1qx6mmjqcytfj89rd4fmp3tkqzmj5wwgccjaxkeawlj9u4v6qqhtfgdl85c9n7cnxqel6mdwm694t8z48t66gnmj4jsksl0a30p
Metadata Hash
7b2efca26f85beb704187fb1853ed3c28669c8203c13634f16e18ffa1d4fcb7e
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.