DRep Profile
$brock
Keeping Cardano true to its core values of people, purpose, technology, research, and opportunity. Prioritizing decentralization, sustainability, and user experience in all governance actions.
Objectives
Keeping Cardano true to its core values of people, purpose, technology, research, and opportunity. Prioritizing decentralization, sustainability, and user experience in all governance actions.
Motivations
- Decentralization: Keeping Cardano's decentralization a top priority and never sacrificing it in a feature trade-off. - Sustainability: Avoiding annual treasury spending that exceeds annual treasury earnings to keep the treasury cash flow positive. - Security: Ensuring that Cardano makes no compromises on the superior security that it's known for. - Growth: Focusing on treasury spending that bring end-users to products on Cardano, not just to the ADA token. - Scalability: Promoting scaling protocols to allow Cardano to increase its throughput and avoid severe network congestion. - User Experience: Supporting CIPs that provide developers the tools they need to build products with smooth end-user experiences.
Qualifications
Stake pool operator, Mithril signer, CIP contributor, Community script & bot maker, Scam prevention tool creator.
Payment Address
addr1q8wf7e3vdn8fz2c5gc9yfy4w9zurw28wuxzkv3g02ka9ltww3sqccv0t4mut4ex3mxgp2d9q6apmn2ymqmrdezhgn46s8gj6d5
Metadata Hash
8df97f62af243bdbbf2377f2fb4f60da3b63161c8d72e7dfcd2fadcaffc3e037
Metadata URL
CARDANO BLOCKCHAIN ECOSYSTEM CONSTITUTION v2.4
# Three-line summary: 1. Cardano Constitution v2.4 removes non-binding expectations, the Budget Info Action mechanism, and mandatory CC conduct rules, streamlining governance. 2. It adds clear definitions, enforces immutability of proposal documents, and applies treasury audit/accountability safeguards to all withdrawals. 3. This version also incorporates feedback from EMURGO. # Three helpful links 1. CARDANO BLOCKCHAIN ECOSYSTEM CONSTITUTION v2.4 https://ipfs.io/ipfs/bafkreih62pydt57supou6dn5lqbf5klr7xu4xi2rrs7tl3thaufiqmvo24 2. List of changes from v1.0 to v2.4.pdf https://ipfs.io/ipfs/bafybeihsv7crutk4xrwut5p5fdvgeum45hioazn2dldnqk2ljiv7sp3oda 3. List of changes from v2.3 to v2.4.pdf https://ipfs.io/ipfs/bafybeibu2v7l6z3k5jhhdtzv74fcrlaedxwdwtxu2ogwudykyfjjfreppu
2026-27 Net Change Limit
The Cardano Constitution requires the establishment of a Net Change Limit, which defines the maximum amount of lovelace that can be withdrawn from the treasury during an outlined period of time. This governance action serves as an opportunity for all governance stakeholders to formally express their positions regarding the proposed Net Change Limit, ensuring transparency, accountability, and alignment across the ecosystem. The 2026-27 Net Change Limit will begin at the start of Epoch 613 and continue for 100 epochs, finishing at the conclusion of Epoch 713. The Net Change Limit will be 350,000,000,000,000 lovelace (350M ada). Unless superseded by a new NCL, this is the maximum amount that can be withdrawn from the treasury during this specific period and shall not be exceeded. The Net Change Limit will be used when reviewing both budget actions and treasury withdrawal actions to ensure constitutionality as required by Article IV of the Cardano Constitution and the Treasury Withdrawal Guardrails outlined in Appendix I.
Test title
Test Abstract
Are You Ready to Participate?
Building Together to Drive Cardano Forward.