According to @ItsDave_ADA, he voted with 36.89 million ADA in favor of a treasury withdrawal proposal to issue a 5,000,000 ADA repayable loan aimed at expanding Cardano’s global exchange listings, positioning it as a strategic investment for ecosystem growth and native token accessibility; he shared the announcement on X and included a transaction link for transparency, noting this is structured as a loan rather than a grant for sustainable treasury replenishment (source: x.com/ItsDave_ADA/status/1987476000700031187; source: adastat.net/transactions/e34a4d4e18bd825e4048454fc36f2766c7145681bb91218af2e6421c411cafb1). According to @ItsDave_ADA, the loan carries 2.44% interest, will be administered by Intersect, and will be overseen by a Board of Advisors with bi-yearly reporting and clear success metrics, which he emphasizes for accountability and execution tracking (source: x.com/ItsDave_ADA/status/1987476000700031187). According to @ItsDave_ADA, he encouraged the SNEK team to consider early repayments to build community trust and framed the initiative as a message that Cardano will invest in its own growth, inclusion, and competition, highlighting measurable milestones for traders to monitor such as reporting cadence and loan servicing progress (source: x.com/ItsDave_ADA/status/1987476000700031187).

According to Dave @ItsDave_ADA, SNEK founders, community, and contributors are trying new approaches, doing things their way, and pushing the Cardano ecosystem forward while actually getting results, source: @ItsDave_ADA on X dated Sep 15, 2025. This communication represents a positive sentiment signal around SNEK within the Cardano and ADA ecosystem from the author’s perspective, source: @ItsDave_ADA on X dated Sep 15, 2025. The post does not include specific price, volume, or roadmap metrics, so the information is sentiment-only rather than quantitative, source: @ItsDave_ADA on X dated Sep 15, 2025.

According to @ItsDave_ADA, he voted YES with 32.64 million ADA on the SNEK treasury proposal titled Budget: ₳5M Loan for Cardano's Global Listing Expansion - Powered by Snek. Source: Dave (@ItsDave_ADA) on X, Sep 6, 2025, https://twitter.com/ItsDave_ADA/status/1964445960077300107 He described it as Cardano’s first repayable treasury loan (not a grant) with the stated goal of breaking ecosystem isolation and paving the way for Cardano native tokens to reach major exchanges, a trading-relevant push for broader market access and liquidity. Source: Dave (@ItsDave_ADA) on X, Sep 6, 2025, https://twitter.com/ItsDave_ADA/status/1964445960077300107 He emphasized accountability, urged the Snek team to consider early repayments to prove the model, and highlighted future on-chain treasury withdrawals paired with a native lending/borrowing protocol as a governance advancement traders should monitor. Source: Dave (@ItsDave_ADA) on X, Sep 6, 2025, https://twitter.com/ItsDave_ADA/status/1964445960077300107 He also shared his DRep profile for transparency on voting activity. Source: https://adastat.net/dreps/drep1ygsgfhcydhlfglamhzkjn97rz3edef8a4z99fwl2frcwnrcmgurt3

According to @ItsDave_ADA, a Cardano DRep, he plans to finalize a Yes vote on a SNEK proposal after receiving answers on two points: how the proposal strengthens the wider Cardano ecosystem for ADA holders and how committed SNEK holders are to ensuring a loan is repaid, source: @ItsDave_ADA on X, Sep 6, 2025. According to @ItsDave_ADA, he initially did not fully understand memecoins but after joining the SNEK Discord he observed a vibrant community with passion, energy, and belief, and he has since watched SNEK contribute significantly to the Cardano ecosystem, source: @ItsDave_ADA on X, Sep 6, 2025. According to @ItsDave_ADA, he judges proposals on historic commitments and states the SNEK team and community have repeatedly proved their commitments, source: @ItsDave_ADA on X, Sep 6, 2025. According to @ItsDave_ADA, his goal is to help the wider community understand the future vision before finalizing his vote and he appreciates the SNEK community’s commitment to Cardano, source: @ItsDave_ADA on X, Sep 6, 2025. According to @ItsDave_ADA, traders should monitor clear responses on ADA-holder impact and the level of commitment to repaying the loan referenced, as these are his decision drivers for a potential Yes vote, source: @ItsDave_ADA on X, Sep 6, 2025.

According to Dave (@ItsDave_ADA), the cryptocurrency SNEK is nearing a 24-hour trading volume of $3 million. This milestone indicates significant market interest and liquidity, suggesting potential trading opportunities as the currency gains traction in the market.