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
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Metadata Hash
7b2efca26f85beb704187fb1853ed3c28669c8203c13634f16e18ffa1d4fcb7e
CARDANO BLOCKCHAIN ECOSYSTEM CONSTITUTION v2.03
For a complete list of changes, see "List of changes from v1.00 to v2.02(Raw)". Here is a list of the major changes: PREAMBLE - Revised the wording slightly. DEFINED TERMS - Added definitions of key terms for greater clarity. ARTICLE I. CARDANO BLOCKCHAIN TENETS AND GUARDRAILS - Revised the wording slightly. ARTICLE II. COMMUNITY AND GOVERNANCE - -The expression has been simplified. -Regarding Treasury Withdrawal requirements, we have removed the Budget requirement and added the Roadmap requirement. -Added a provision allowing for limited implementation of execute functionality for treasury withdrawals (ARTICLE II Section 5 Requirement 7) -We have removed clauses that are no longer in operation, such as the DRep and SPO Code of Conduct. ARTICLE III. CONSTITUTIONAL COMMITTEE - Revised the wording slightly. APPENDIX I. CARDANO BLOCKCHAIN GUARDRAILS -The terms have been defined in more detail. -Misspellings and inaccuracies have been corrected. -Regarding Treasury Withdrawal requirements, we have removed the Budget requirement and added the Roadmap requirement. APPENDIX II. SUPPORTING GUIDANCE - Revised the wording slightly.
Cardano Constitutional Dept Workstreams
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.