Flash News List

List of Flash News about Cardano treasury

Time Details
2026-01-12
05:04 UTC
Cardano ADA Governance Update: @ItsDave_ADA casts 37.71M ADA NO vote on DeltaDeFi Hydra trading budget of 1.5 million ADA

According to @ItsDave_ADA, he cast a NO vote with 37.71 million ADA on the Cardano governance action titled "DeltaDeFi: Hydra Trading Infrastructure Budget (1,500,000 ADA)" on January 12, 2026, acting on behalf of his delegates. Source: https://twitter.com/ItsDave_ADA/status/2010699440944738368 He stated he supports Hydra development but opposes using the Cardano Treasury to subsidize operational costs of an individual commercial DEX by 1.5 million ADA. Source: https://twitter.com/ItsDave_ADA/status/2010699440944738368 He added that such projects should seek funding via Project Catalyst or private venture capital and that treasury funds should be reserved for neutral, protocol-level public goods rather than picking winners in the competitive DEX market. Source: https://twitter.com/ItsDave_ADA/status/2010699440944738368 He linked a transaction reference for the vote to ADAstat. Source: https://adastat.net/transactions/79bab53fe9f84e61127371e7ba725958554ae45e6bc3cd399d24fd87afeca3da

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