Eternl

A multi-platform Cardano wallet. Official links: drep1y29h2q6cst2pvkl2sqqvf5ljcy36uv7pmy482xnczddzgqshus24w

[Eternl @eternlwallet]

Updated proposal:

Eternl: Path to Sustainability - v2

https://t.co/ZEcnRW83ib

The previous proposal, “Eternl: Path to Sustainability (2026-2027),” received NO votes from CC members due to a lack of clarity regarding audits.

This new proposal is essentially the same as the previous one and adds that clarification.

Key differences:

- Added clarification on Audit funds spending and oversight metrics, as requested in the CC vote rationales.
- Updated Ada to USD conversion rates
- Changed FAQ answer: Eternl DRep abstains on this proposal

Clarification on FTEs:

Our price per FTE is $70,000 (compared to other proposals exceeding $200,000 per FTE). A reasonable lower bound rate. Our 6 FTEs are distributed across 10 people contributing to Eternl in various capacities, most of them part-time.

Thanks to everyone who took the time to vote on the first attempt.

Please consider voting on the updated proposal as well.

Cheers,
Your Eternl Team

[Eternl @eternlwallet]

Article II Section 7(5) gives administrators two tasks: monitoring how funds are used and ensuring that deliverables are achieved. It does not state that the administrator must be independent from the recipient, and it does not require the administrator to have escrow control or veto power over spending.

In an operations proposal, the operating entity is the party best able to monitor day-to-day fund use and delivery. The constitutional safeguard is not that the operator must be excluded from administration. The safeguard is that administration must be auditable, measurable, and externally reviewable.

Tastenkunst GmbH will act as administrator, but delivery and fund use will not rely on self-certification alone. Treasury fund use will be monitored through public wallet visibility, published oversight metrics, independent audits, and public repayment or refund transaction hashes.

Independent audits are necessarily retrospective: funds must be used before an audit can review their use. If Article II Section 7(5) were read to require an external party with power to block fund use before spending occurs, that would effectively add a requirement for independent administration, escrow, or milestone-based disbursement. The Constitution does not mandate that model.

[Eternl @eternlwallet]

@Cerkoryn @GovActions @tingvard *Art. 2, Sec 7.5

[Eternl @eternlwallet]

We, as the proposer, control and monitor how the budgeted funds are used, and we do everything in our power to ensure the deliverables are achieved.

A really simple operational budget. Reporting spelled out, audit part clarified.

Art. 2, Sec 7.4: '"Treasury Withdrawals" actions shall designate one or more administrators responsible for monitoring how the funds are used, and ensuring the deliverables are achieved.'

This allows self-administration. Forcing non-self-administration is not mandated by the Constitution.

This CC decision is false.

[Eternl @eternlwallet]

Not directly, no.

It would make the checkout way more complex than it is already.

While thinking about our options to honor mesmerizer holders, we had one idea that might be practical: Adding some extra months to the 12 with a snapshot taken later this year. Not sure yet, still to be decided.

The Pro plans are being added to secure Eternl operations, and we are thankful for every single supporter.

[Eternl @eternlwallet]

@PhilippeVleLong @HolgerCardano24 @ATADA_Stakepool For tax compliance reasons, we will use a "Merchant of Record" checkout. Otherwise, we would have to handle global tax compliance ourselves. No, for this reason, we will not be able to offer an ADA checkout at the start.

[Eternl @eternlwallet]

@HolgerCardano24 @ATADA_Stakepool Only on the Eternl Beta browser extension for early testers. Nothing to bother with just yet. Still waiting for the final go of the Payment checkout provider.

[Eternl @eternlwallet]

@hubwayfractal I will think about it and how to put it into the current UI.

[Eternl @eternlwallet]

Our proposal is due in 3 days. Please put your vote on-chain, if you haven't already.

If you are an ADA holder and want to support Eternl, please delegate to a DRep who voted yes. It's a simple transaction (will be made even easier in our upcoming v2.1.0).

Thanks to everyone who has already taken the time to make their voices heard. 🙏

[Eternl @eternlwallet]

@hubwayfractal Tokens really make things more complicated. In the EU you need to create a whitepaper for that token. It's really like 2-5 minutes per year to buy a Pro plan.

[Eternl @eternlwallet]

@CryptoJoe101 @astroboysoup @KeystoneWallet No, I think Vespr also has it. Also: The derivation used on Keystone is the standard hot wallet derivation, so you can retrieve funds no problem in any wallet app.

[Eternl @eternlwallet]

@yutazzz Thanks, Yuta. Appreciated.

[Eternl @eternlwallet]

Updated proposal:

Eternl: Path to Sustainability - v2

https://t.co/ZEcnRW83ib

The previous proposal, “Eternl: Path to Sustainability (2026-2027),” received NO votes from CC members due to a lack of clarity regarding audits.

This new proposal is essentially the same as the previous one and adds that clarification.

Key differences:

- Added clarification on Audit funds spending and oversight metrics, as requested in the CC vote rationales.
- Updated Ada to USD conversion rates
- Changed FAQ answer: Eternl DRep abstains on this proposal

Clarification on FTEs:

Our price per FTE is $70,000 (compared to other proposals exceeding $200,000 per FTE). A reasonable lower bound rate. Our 6 FTEs are distributed across 10 people contributing to Eternl in various capacities, most of them part-time.

Thanks to everyone who took the time to vote on the first attempt.

Please consider voting on the updated proposal as well.

Cheers,
Your Eternl Team

[Eternl @eternlwallet]

https://t.co/0u89DUEvXK

[Eternl @eternlwallet]

Updated proposal:

Eternl: Path to Sustainability - v2

https://t.co/ZEcnRW83ib

The previous proposal, “Eternl: Path to Sustainability (2026-2027),” received NO votes from CC members due to a lack of clarity regarding audits.

This new proposal is essentially the same as the previous one and adds that clarification.

Key differences:

- Added clarification on Audit funds spending and oversight metrics, as requested in the CC vote rationales.
- Updated Ada to USD conversion rates
- Changed FAQ answer: Eternl DRep abstains on this proposal

Clarification on FTEs:

Our price per FTE is $70,000 (compared to other proposals exceeding $200,000 per FTE). A reasonable lower bound rate. Our 6 FTEs are distributed across 10 people contributing to Eternl in various capacities, most of them part-time.

Thanks to everyone who took the time to vote on the first attempt.

Please consider voting on the updated proposal as well.

Cheers,
Your Eternl Team

[Eternl @eternlwallet]

PDF version:

https://t.co/pEZY4ZBAEA

[Eternl @eternlwallet]

Updated proposal:

Eternl: Path to Sustainability - v2

https://t.co/ZEcnRW83ib

The previous proposal, “Eternl: Path to Sustainability (2026-2027),” received NO votes from CC members due to a lack of clarity regarding audits.

This new proposal is essentially the same as the previous one and adds that clarification.

Key differences:

- Added clarification on Audit funds spending and oversight metrics, as requested in the CC vote rationales.
- Updated Ada to USD conversion rates
- Changed FAQ answer: Eternl DRep abstains on this proposal

Clarification on FTEs:

Our price per FTE is $70,000 (compared to other proposals exceeding $200,000 per FTE). A reasonable lower bound rate. Our 6 FTEs are distributed across 10 people contributing to Eternl in various capacities, most of them part-time.

Thanks to everyone who took the time to vote on the first attempt.

Please consider voting on the updated proposal as well.

Cheers,
Your Eternl Team

[Eternl @eternlwallet]

@rodderz2212 @astroboysoup @cryptodramz Of course. :)

[Eternl @eternlwallet]

@alwayssnek We aim for a release within the next 3 weeks.

[Eternl @eternlwallet]

@alwayssnek It's already on the Eternl Beta browser extension on the Chrome Webstore as well as https://t.co/KeO4HS9rIz for our usual testers who help us iron out the last kinks.

[Eternl @eternlwallet]

@InASingleWord @astroboysoup @yojoflo I guess people didn't read that our FTE is 70k USD compared to Dingos 250k FTE. So actually our 6 FTE is just 1.68 Dingo FTEs. But anyway.