@adamKDean It will be good idea to create that platform and if possible to enter with an wallet. So it will be no possible for people with no skin in the game to participate and create toxic environment.
The Fedβs New Rule Liquidates 99% of Crypto (But ADA Wins)
Executive Order 14181 has quietly rewired the global financial system by giving fintech networks direct access to the Federal Reserve master accounts. This systemic shift forces federal regulators to transition from legacy rails to public digital infrastructure built for institutional stability. As traditional systems merge with decentralized networks, the demand for deterministic settlement layers completely transforms how public ledgers are valued, moving far beyond short-term retail speculation and market noise.
Understanding this macroeconomic plumbing exposes a massive disconnect between daily market price action and underlying structural utility. Platforms utilizing local execution capabilities are engineering the specific solutions legally required for automated corporate cross-border flows under federal oversight. If you want to stay ahead of these top-down regulatory transformations, subscribe for more in-depth crypto breakdowns as we track this institutional integration.
#Cardano #ADA #CryptoNews
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DReps, now is not the time to hide and scale down. We need to do exactly the opposit. With the Cardano Summit in Singapore rigjt before Token2049, we invite Devs/Businesses/VCs to our Ecosystem. Showing them why we have the most robust and advanced Blockchain in the world.
Yuta San, thank you for your time and for publishing your analysis and that you raised these points publicly β it gives us the opportunity to correct a material misreading of the transaction model that, if left unanswered, would give other dReps a distorted picture of the proposal.
1. 2030 transactions
Your analysis assumes that the trust layer β the 24 million infrastructure verification transactions β is the dominant source of on-chain activity in the 2030 model. This is not correct. By 2030, the application layer accounts are projected to generate x3.5 more annual transactions.
The application layer β microfinance and DeFi lending pool originations, repayments, credit score updates, farmer wallet settlements, traceability events, credential issuances β is precisely the layer you identify as having a rationale for individual anchoring, because third parties need to independently verify single events. A lender needs to verify a specific repayment. A DeFi pool needs to verify collateral status. A buyer needs to verify a specific traceability record. A regulator needs to verify a specific credential. Your own analysis concedes this layer should not be batched. It is also the layer that dominates the transaction count.
The 24 million trust-layer figure is real and meaningful, but it is not the 2030 story. The 2030 story is the application-layer transactions generated by commercial activity β millions of farmers borrowing, repaying, receiving wages, and settling with buyers through Cardano-native wallets. Even if every single trust-layer transaction were batched to zero, the application layer alone would make this one of the highest-activity real-world use cases on Cardano.
2. Batching
Your batching arithmetic assumes satellite events collapse from 2 million to 365 daily batches. But the trust layer already anchors one transaction per farmer per quarterly cycle β not one per data point. A single anchor carries the full parameter set for that farm. Batching two different farmers' records into one proof could impact individual verifiability, which is the point of the system. Each farmer is a distinct, independently verifiable unit. Regional aggregation where individual attribution is not required is a valid optimisation and part of the M1 architecture design β but it does not change the structural floor.
3. Foundation revenue
The Foundation is designed with multiple revenue streams that scale with adoption, not a single income line. Loan commission on facilitated microfinance volume, data access fees from food companies, insurers, and development finance institutions, protocol access fees, premium certification and ESG data services, institutional partnerships with global foundations, and β in markets like India β CSR-aligned contributions from multinationals with statutory obligations to invest in rural agricultural development. These streams are additive and grow as the registered farmer base and application activity grow.
The more important structural point is that the Foundation does not pay the majority of transaction fees at all. Application-layer transaction costs β loan cycles, traceability events, credential issuances, wallet settlements β are embedded in the commercial economics of each application partner. Seedstars prices them into its lending margin; Zengate into its compliance product. The Foundation's direct cost exposure is the trust-layer infrastructure layer alone, which the data access fee model is specifically designed to cover.
4. Value for Cardano
We want to close with something beyond the transaction arithmetic, because the transaction model is not the whole story of what a YES vote would bring to the ecosystem.
https://t.co/u5Hjpdd7M1 is live on Cardano Mainnet today β 18,000-plus farmer registrations growing at 500 per day β built through a field network of 26,000 agri-entrepreneurs working with 2.6 million farmers. Each partner in this consortium brings their own network depth. Syngenta Foundation India operates at scale across India and is the founding chapter of the Global AE Academy, co-founded by IFC and the World Bank with a multi-country plan targeting 100 million farmers. Seedstars brings a track record of deploying $280 million across 61 transactions in 35 emerging markets, 2.2 million loans approved through its fintech lending platform, and active partnerships with microfinance institutions across Africa and Asia β each a potential lender for the trust layer's borrower base without new lender development from scratch. PepsiCo is already funding the next cycle of AE programmes on the ground. These are not prospective relationships β they are operational.
Formal BD activity has not yet started in any meaningful way. The current partnerships were built around demonstrating the model, not selling it. Once the registered farmer base is visible at scale and the application layer is live, the BD surface opens significantly β to insurers pricing parametric risk on verified farm data, to carbon market operators needing certified land use records, to government programmes targeting subsidies at verified smallholders, to certification bodies, commodity traders, and development finance institutions. We expect many more applications to join the application layer as scale is demonstrated, each generating its own transaction volume on Cardano without any additional Treasury investment.
And then there are the farmers themselves. With time each registered farmer gains access to a Cardano-native wallet β for receiving loan disbursements from traditional lenders and DeFi lending pools alike, holding stablecoin balances between harvests, paying agri-entrepreneurs for services, settling with buyers, and accessing off-ramps to local currency. This is the long-term Cardano adoption story β and the long-term DeFi story: millions of smallholder farmers as a verified, creditworthy borrower base accessible to DeFi lending pools for the first time, using blockchain infrastructure because it is the most practical way to access credit, insurance, and fair market prices.
None of this will be easy. Scaling to 3 million farmers across multiple countries, building a self-sustaining trust layer, and activating a growing application ecosystem requires sustained hard work from every partner in this consortium β and we know it. The 2030 numbers are estimates. What we can say with confidence is that the vision is sound, the model is validated on the ground, the Cardano-native partners are in place, and the external partners bring the field network, institutional depth, and commercial demand to make it work. The funded-period KPIs β 500,000 verified farmers, three live application paths, first loans on-chain β are achievable and accountable. That is what the Treasury is being asked to fund.
A NO vote on transaction arithmetic alone, using an analysis that misidentifies which layer dominates the transaction model, does not make sense. Cardano has invested heavily in technical infrastructure β the protocol, the tooling, the identity stack, the governance framework. The question worth asking is whether some of that investment should also go toward real-world adoption: a live agricultural trust layer with multinational partners, millions of farmers, and a self-sustaining revenue model does not appear on its own. And if the concern is accountability, the milestone structure answers it directly β no evidence on-chain, no next tranche. The community retains control at every payment gate. We hope the full picture presented here gives you and other dReps reason to reconsider.
After reflecting deeply on this governance process, a few things are clearer to me than ever.
Cardano is alive. The community is engaged. And that matters more than any single vote.
But this process has shown me something important: Cardano's governance is real. You are not passive holders. You are owners. That is exactly what we built this for.
It has also reminded me that when Cardano has needed it most, the Pentad delivered. IOG, EMURGO, the Cardano Foundation, Midnight Foundation, and Intersect have proven they can coordinate and bring critical integrations to life when the ecosystem needed it. That coordination layer matters now more than ever.
So let me show up the way I should.
I will be in Singapore for the Cardano Summit and I will be on stage. I am also personally committing to partially top up our Token2049 sponsorship to Title level. Being on that main stage is where Cardano and Midnight need to be heard.
To the Pentad, I am inviting all of you to sit down and have a real conversation about the future of governance and how we formalise this coordination going forward.
I am 100% focused on Cardano and Midnight. Always have been. Let me prove it. #strongertogether
@IOHK_Charles Thanks @IOHK_Charles ! Very good and positive step forward, bu I have never seen a successful company being managed and taking strategic decisions on Twitter by people even with no skin in the game! Time to admit we were wrong and change it!
@adamKDean@Straightpool4 Decentralized governance in the way how it's done in #Cardano , obviously is not giving good results. I have never seen a successful company being managed and taking strategic decisions on Twitter by people even with no skin in the game! Time to admit we were wrong and change it!
@TapTools π― he has the same rights as any other members in the community. Also he has the biggest skin in the game!!! So he has the biggest interest that #Cardano succeed than any other dRep, specially compared to the ones holding no more than 1k $ADA and writing BS on X
I know there are more important things going on right now with the IO funding requests but seriously why are do we have so much wasted stake in this eco system ?
We have done our part so why cant we see more attention being brought to this !!!
https://t.co/fiv1tMOijl
Attention all traders!
If you havenβt already, make sure to try out our public testnet. We really want as much feedback as possible as we continue refining and building what we believe will become a killer dApp on Cardano.
Already around 300 testers and climbing fast π
Start trading: https://t.co/tXFfKgJmxU
Landing page: https://t.co/VwZlaXllyR
Docs: https://t.co/EvaU4A6SLf
GN!
We might all be focussed on IO funding but we shouldn't forget issues that urgently need addressing
Wasted stake on Cardano !
LEO pool has ~7.2M ADA delegated yet has produced zero blocks for more than 2 years (pledge not met/misconfigured) ?
Just one of so many examples
Attention SPOs!!! We need you to update to 11.0.1. It has better performance, is hard fork ready and reduces chances of forks from larger blocks! Let's go folks! While there's still downstream tooling integrating, none of that affects block producers. Thanks all!!!
@TheOCcryptobro@IOGroup@yutazzz Investing in the stock is similar to betting in a horse racing. You bet not only for the best horse but also on the jockey. The best horse with bad jockey will not win the race, the same as a good company with bad CEO will not make you π° #Cardano has no jockey. No good future π’
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