Cardano (ADA)

NEW GOVERNANCE VOTE 🗳️ As a DRep, we've voted YES on the Cardano at TOKEN2049 Singapore 2026: Baseline 'Platinum' Sponsorship Proposal governance action (17.71M ₳ voting power). Not an automatic YES. But compared to the earlier bundled proposal, this is focused and proportionate. Reduced to Platinum sponsorship, builder-centric, Intersect-administered, with smart-contract funding and refund conditions. Cardano needs to be where serious builders and institutions gather, and this earns the benefit of the doubt. Full rationale: "This is not an automatic YES. We were leaning between ABSTAIN and YES, because this is still a sizeable marketing/BD spend and it is difficult to prove in advance that conference presence will translate into concrete adoption, partnerships, users, or on-chain activity. That said, this revised proposal is much more focused and proportionate than the earlier bundled version. The ask is 3,303,750 ADA / $792,900, the sponsorship was reduced from Title to Platinum, and the proposal is now directly centered on giving Cardano builders access to TOKEN2049 through up to 30 builder tickets, booth/stage presence, lead scanning, media/content support, and exposure to a 25,000+ attendee audience. We also appreciate the defined KPIs, Intersect-administered smart-contract funding, third-party assurance, oversight, dashboard reporting, and refund conditions. While some KPIs are still proxy metrics, the structure is materially improved. Cardano needs to be visible where serious builders, investors, exchanges, institutions, and partners already gather. Given the reduced scope, clear builder focus, and EMURGO’s Singapore presence and prior TOKEN2049 experience, we are willing to give this proposal the benefit of the doubt and vote YES." --- Cardanians stake pools: https://t.co/DHIRaOJ2UB DRep ID: drep1yt4lyf0fwlrz8k6j5evd3rxw0sqp67qkh36su98a97q3qsc0h03y4 https://t.co/SS2XxsExu3

Link to the vote: https://t.co/qVSQzWFM9m https://t.co/IjARlsY4xi

We appreciate the support of our DRep delegators! If you like the way we vote, consider delegating to us too. Our DRep ID: drep1yt4lyf0fwlrz8k6j5evd3rxw0sqp67qkh36su98a97q3qsc0h03y4 Check us out on Cexplorer: https://t.co/SgY0yCrM8B

NEW GOVERNANCE VOTE 🗳️ As a DRep, we've ABSTAINED on the Revised Cardano Summit 2026 Singapore governance action (17.71M ₳ voting power). The revision is clearly stronger: decoupled from TOKEN2049, 22% smaller, better KPIs and oversight. But the Summit remains far from self-sustaining ($450k revenue vs $2.26M budget), and we're not yet convinced a large event is the most efficient path to institutional adoption compared to smaller, targeted formats. Full rationale: "We are voting ABSTAIN on the Revised Cardano Summit 2026 Singapore proposal. The revised version is clearly stronger: it is decoupled from TOKEN2049, reduced by 22% to 7,800,000 ADA / $1.95M, includes clearer KPIs, a detailed budget, oversight, refund conditions, and CF increased its internal contribution to $380,000. However, we are still not ready to vote YES. Even after the reduction, this remains a large treasury-funded event subsidy. The Summit is still far from self-sustaining, with a $450,000 revenue target against a $2.263M gross budget, and 6,240,000 ADA is available at kickoff before the event is delivered. I understand the timing constraints and why the proposal was submitted outside the regular budget process. Still, I’m not convinced that renting expensive event space is the only, or necessarily the most efficient, path to institutional adoption. Cardano needs institutional outreach, but we should compare this against cheaper and more targeted formats: smaller invite-only meetings, side events, direct BD trips, private roundtables, or co-hosted partner events. My abstain recognizes the improvements, but I would like to see a stronger sustainability path and clearer evidence that this format produces concrete ecosystem outcomes." ------ Cardanians stake pools: https://t.co/DHIRaOJ2UB DRep ID: drep1yt4lyf0fwlrz8k6j5evd3rxw0sqp67qkh36su98a97q3qsc0h03y4 https://t.co/SS2XxsExu3

Link to the vote: https://t.co/pRt6X819uu https://t.co/GCjO8teILk

We appreciate the support of our DRep delegators! If you like the way we vote, consider delegating to us too. Our DRep ID: drep1yt4lyf0fwlrz8k6j5evd3rxw0sqp67qkh36su98a97q3qsc0h03y4 Check us out on Cexplorer: https://t.co/SgY0yCrM8B

$ADA reaching $1 depends on converting development into real usage. 👉Strong roadmap. 👉Execution required. 👉Adoption critical. Cardano has the structure, but price depends on demand catching up. https://t.co/xIGr3Plx8E

Read the full $ADA analysis here: https://t.co/cOqDUSjSOZ