
EMURGO|Sep 17, 2025 12:40
✅ We voted YES on the governance action: ₳5M Loan for Cardano’s Global Listing Expansion – Powered by SNEK.
This proposal introduces an innovative loan-based Treasury model with repayment, promoting sustainability by recycling funds back into the ecosystem.
@snek has already self-funded Tier 1 listings (Kraken, http://Crypto.com, KuCoin), demonstrating execution capacity. With a strong advisory board, this proposal aligns with Cardano’s broader goals of expanding global visibility and liquidity.
We support this as a step toward market growth, accountability, and governance maturity. For the next Treasury Withdrawal governance action, we encourage inclusion of a detailed repayment plan and clear success metrics to ensure accountability and measurable ecosystem impact.
🔗 Link to proposal:
https://adastat.net/governances/90cf51975f9c19c291bac3e57364a89507e64daa0a2d35e356f87e668482155600
🗳️ Transaction: https://cardanoscan.io/transaction/5ca2948b9cb52b8b5ae92002bc6cc13c55faf142f490bde6c72fabdae93e3789?tab=votes(EMURGO)
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