Fatboy

[Fatboy @fatboy_ada]

@wanchain_org Hey @wanchain_org

There is currently no USDT available on Solana side of bridge. Can you please address this?

[lil_willie @lil_willie_1]

@ElderM This proposal accomplishes next to nothing if minted USDM is added to existing liquidity pools charging .6 - 1% per trade. Will you be opening new pools with lower fees for any USDM added to dexes?

[Fatboy @fatboy_ada]

@NaVi_GaT0R

[Fatboy @fatboy_ada]

@blockjock2017 https://t.co/Z27xRB1LTP This post sums up the major problems with this proposal rather nicely. Thoughts?

[⛏️Dr. Navjit Dhaliwal @NaVi_GaT0R]

My thoughts on Stablecoin DeFi Liquidity Budget info action (https://t.co/r2MnzLSYjN):

read the proposal carefully. Surprised by some of the comments here. The intent is good but for 50M ADA you have to meet the standard of a professional fund, not a liquidity grant. Too many critical pieces are missing to earn that level of trust.

There is no investment policy or risk framework. A serious fund starts with allocation bands, risk limits, counterparty caps, drawdown budgets and rebalancing rules. "99% deployed to DeFi" is not a strategy, it is a hope. Without a formal IPS (Investment Policy Statement), the committee can move funds wherever it wants and there is nothing to hold them accountable.

Governance and execution are blurred. The same committee is selecting protocols, negotiating OTC and disbursing, while also sitting under "oversight." In professional structures, governance sets the rules and strategy, operations execute within those rules and oversight checks both. Collapse those roles and you get self-approval, not checks and balances.

Operational controls and custody are not defined. Saying you have a 9-person multisig isn't a safety system by itself. You still need the basics: how keys are created and rotated, who can approve what size transactions, daily/weekly spending limits, a built-in delay for large transfers so issues can be caught and a recovery plan if keys are lost or hacked. These are the minimum controls any serious fund puts in place.

Transparency is vague. "Monthly reports" with no format, no independent attestation, no dashboards and no on-chain verification standards won't cut it. Real funds commit to audited reporting schedules with templates the community can expect and measure.

The legal structure is deferred until after approval. That is backwards. Jurisdiction, liability, community protections and tax must be locked before any ADA moves.

There is no risk register or stress testing. What happens in a stablecoin de-peg, a protocol exploit, an OTC failure or a 70% drawdown? If it is not modeled, it is not managed.

On compensation: 1,000 per member per month (or 9000 - not sure which one but unclear) is not the issue by itself. The issue is paying a committee where most members lack institutional fund management experience, without tying pay to responsibilities, KPIs, attendance, clawbacks and process compliance. For sums this large, compensation should follow competence and controls. Right now it reads like a stipend, not professional stewardship.

On strategy: DEX liquidity on its own won't fix Cardano's stablecoin issue. Most users come in and out through big centralized exchanges (CEXs) and bank rails, so reliable pricing and deep order books have to exist there first. That means integrating with top CEXs, building strong ADA–stablecoin markets and running real market maker programs with clear targets for depth, tight spreads and uptime. When CEX markets are tight and liquid, arbitrage naturally keeps DEX prices in line and holds the peg. If you only stack TVL on a DEX without real trading volume, it's just parked capital, not usable liquidity.

Bottom line: This looks like a plan to pump short-term liquidity but it's being sold as a long-term sovereign wealth fund. If you want broad support, rebuild it the right way: structure first, people second. That means a clear rulebook (IPS) for how money can be used, a clean split between who sets the rules and who executes them, bank-grade custody and operating procedures, real audits and standard reports, a legal entity defined upfront, a written risk plan with stress tests, and a market plan that covers both CEXs and DEXs with measurable targets. We're talking about large sums of money - this has to be built like a professional fund, not a quick liquidity program.

[Fatboy @fatboy_ada]

@ElderM @CardanoHumpback @JaromirTesar I've seen a number of requests for the proposed committee members' cvs and/or qualifications for managing a fund of this size. Have you made this information available yet?

[⛏️Dr. Navjit Dhaliwal @NaVi_GaT0R]

My thoughts on Stablecoin DeFi Liquidity Budget info action (https://t.co/r2MnzLSYjN):

read the proposal carefully. Surprised by some of the comments here. The intent is good but for 50M ADA you have to meet the standard of a professional fund, not a liquidity grant. Too many critical pieces are missing to earn that level of trust.

There is no investment policy or risk framework. A serious fund starts with allocation bands, risk limits, counterparty caps, drawdown budgets and rebalancing rules. "99% deployed to DeFi" is not a strategy, it is a hope. Without a formal IPS (Investment Policy Statement), the committee can move funds wherever it wants and there is nothing to hold them accountable.

Governance and execution are blurred. The same committee is selecting protocols, negotiating OTC and disbursing, while also sitting under "oversight." In professional structures, governance sets the rules and strategy, operations execute within those rules and oversight checks both. Collapse those roles and you get self-approval, not checks and balances.

Operational controls and custody are not defined. Saying you have a 9-person multisig isn't a safety system by itself. You still need the basics: how keys are created and rotated, who can approve what size transactions, daily/weekly spending limits, a built-in delay for large transfers so issues can be caught and a recovery plan if keys are lost or hacked. These are the minimum controls any serious fund puts in place.

Transparency is vague. "Monthly reports" with no format, no independent attestation, no dashboards and no on-chain verification standards won't cut it. Real funds commit to audited reporting schedules with templates the community can expect and measure.

The legal structure is deferred until after approval. That is backwards. Jurisdiction, liability, community protections and tax must be locked before any ADA moves.

There is no risk register or stress testing. What happens in a stablecoin de-peg, a protocol exploit, an OTC failure or a 70% drawdown? If it is not modeled, it is not managed.

On compensation: 1,000 per member per month (or 9000 - not sure which one but unclear) is not the issue by itself. The issue is paying a committee where most members lack institutional fund management experience, without tying pay to responsibilities, KPIs, attendance, clawbacks and process compliance. For sums this large, compensation should follow competence and controls. Right now it reads like a stipend, not professional stewardship.

On strategy: DEX liquidity on its own won't fix Cardano's stablecoin issue. Most users come in and out through big centralized exchanges (CEXs) and bank rails, so reliable pricing and deep order books have to exist there first. That means integrating with top CEXs, building strong ADA–stablecoin markets and running real market maker programs with clear targets for depth, tight spreads and uptime. When CEX markets are tight and liquid, arbitrage naturally keeps DEX prices in line and holds the peg. If you only stack TVL on a DEX without real trading volume, it's just parked capital, not usable liquidity.

Bottom line: This looks like a plan to pump short-term liquidity but it's being sold as a long-term sovereign wealth fund. If you want broad support, rebuild it the right way: structure first, people second. That means a clear rulebook (IPS) for how money can be used, a clean split between who sets the rules and who executes them, bank-grade custody and operating procedures, real audits and standard reports, a legal entity defined upfront, a written risk plan with stress tests, and a market plan that covers both CEXs and DEXs with measurable targets. We're talking about large sums of money - this has to be built like a professional fund, not a quick liquidity program.

[Iagon @IagonOfficial]

“You have all this DePIN stuff that people are talking about, like Iagon, for example, which is decentralized storage, … watching those things grow, transform into real-world assets, enter the real world … the ecosystem is moving very quickly for that.” ~ @IOHK_Charles on Iagon and Cardano ecosystem growth, from an interview with Austin @AltcoinDaily

[Bodega Market | Cardano’s Prediction Market @BodegaCardano]

Huge milestone🔥

Community Market creation is live on V3.

We're getting flooded with new markets!!

Thanks for the support

[Bodega Market | Cardano’s Prediction Market @BodegaCardano]

Community markets is now live 🔥

The next generation of prediction markets is now here 🎰

✅ tradable shares
✅ community market creation
✅ stake bodega to share revenue

We’re still just warming but up a crucial part of our roadmap has been successfully completed 🎉

Onwards

[Bodega Market | Cardano’s Prediction Market @BodegaCardano]

V3 TRADING COMP #1 | LIVE 🎯

Prize: 1000 $ADA 💸

The three most profitable traders on the new ''Profit Leaderboard'' in July win. 500 $ADA for the 1st place, 300 $ADA for 2nd place, 200 $ADA for 3rd place.

Snapshot: July 31st, 11:59 pm UTC

Link: 💸 https://t.co/avehtYTRrb

[Bodega Market | Cardano’s Prediction Market @BodegaCardano]

The time has come.

We’re excited to announce Bodega V3 tradable shares is now live on Cardano mainnet.

Link: 🎯 https://t.co/g4NAl0U04G

[Iagon @IagonOfficial]

We don’t just build. We deliver.
The Hardware Thingy is real — and it’s getting closer.
📦August. Stay tuned!

[Altcoin Daily @AltcoinDaily]

NEW: The Clarity Act now recognizes only three blockchains as “Likely Mature” under US standards 🇺🇸 — Bitcoin, Ethereum, and Cardano.

[Iagon @IagonOfficial]

Appreciate the interest in decentralized storage, it’s an exciting space with real potential.

We’ve spent years building and refining a fully patented architecture that goes far beyond traditional decentralized storage:

Patented Marketplace for Storage + Compute:
Iagon’s system isn’t just about storing data, it unifies compute and storage in a decentralized, autonomous marketplace, where nodes self-organize into tiers, clients request resources based on predicted load, and matching is driven by both capacity and trust.

Compliance, Trust & Orchestration by Design:
Our platform was purpose-built for GDPR, HIPAA and enterprise-class needs. That means node scoring, geographic data residency controls, erasure and auditability, all integrated at the protocol level.

Enterprise-first, Chain-Agnostic Vision:
Iagon is already working with regulated partners and pilot programs (example Würth Group). Unlike chain-specific projects, our infrastructure is chain-agnostic, with Cardano as a strong core starting point but not a limited to.

Walrus may offer optimizations in erasure coding and storage performance but this concept of decentralized storage isn't new and many elements of what’s being discussed now were already patented by Iagon years ago.

If you’re building in the DePIN space, we genuinely encourage you to take a look at the Iagon patent family. It lays the foundation for the kind of decentralized, intelligent infrastructure the industry is moving toward.

Full patent: https://t.co/e5dSrlc9DH

Hope that helps

[Shawn Ryan Show @ShawnRyanShow]

"Cardano's been running for eight years, never gone down, has more uptime than Bitcoin, and it’s never been hacked." -Charles Hoskinson

[Iagon @IagonOfficial]

🧵Why a Legal Infrastructure PoC Is Needed and Why Enterprises Are Interested

1/ Billions of dollars in legal records sit behind outdated systems — siloed, insecure and expensive to manage.
Law firms and corporate legal teams struggle with:

- Data sprawl
- Audit trails
- Confidentiality & access control
- Cost of long-term retention

It’s a mess.

[Minswap Labs @MinswapDEX]

What if Minswap Liquidity Providers were considered for the Midnight airdrop 👀

Allowing for distribution to those providing their ADA as a working asset in the ecosystem.

[Iagon @IagonOfficial]

We’re not saying it’s big.
We’re not saying it’s small.
We’re just saying…
you’ll probably want to be there.

🕘 Special AMA today - June, 18 | 21.00 CET (7PM UTC)

[Indigo @Indigo_protocol]

The idea of a 𝗖𝗮𝗿𝗱𝗮𝗻𝗼 𝗦𝗼𝘃𝗲𝗿𝗲𝗶𝗴𝗻 𝗪𝗲𝗮𝗹𝘁𝗵 𝗙𝘂𝗻𝗱 (𝗦𝗪𝗙) is a timely a strategic one, yet we still need to determine how best to deploy Treasury resources for maximum long-term impact.

One of the early interpretations of the proposal involved converting a large Treasury allocation of $100M USD worth of ADA—directly into a single fiat-backed stablecoin. Understandably, this raised concerns about potentially signaling large-scale sell pressure, which could create opportunities for traders and arbitragers to extract value before the ecosystem sees meaningful benefit.

Fiat-backed rails do play a role in ecosystem stability and growth, but they’re only part of the solution.
𝗔 𝗺𝗼𝗿𝗲 𝗿𝗲𝘀𝗶𝗹𝗶𝗲𝗻𝘁 𝘀𝘁𝗿𝗮𝘁𝗲𝗴𝘆, 𝗶𝗻 𝗼𝘂𝗿 𝘃𝗶𝗲𝘄, 𝘄𝗼𝘂𝗹𝗱 𝗯𝗲 𝘁𝗵𝗿𝗲𝗲-𝗳𝗼𝗹𝗱:

1 — 𝗦𝗰𝗮𝗹𝗲 $iUSD using equal portions of ADA to mint a collateral-backed stablecoin—without selling ADA. Collateral deposited into an Indigo CDP remains liquid-staked, preserving staking rewards and governance rights. iUSD Stability Pool deposits also earn protocol incentives, currently ~25% APR at a 5% mint rate.

2 — 𝗗𝗖𝗔 𝗮𝗻𝘆 𝗳𝗶𝗮𝘁-𝘀𝘁𝗮𝗯𝗹𝗲 𝗼𝗿 𝗗𝗷𝗲𝗱 𝗰𝗼𝗻𝘃𝗲𝗿𝘀𝗶𝗼𝗻𝘀 over time, allocating them across Cardano DeFi protocols to deepen ecosystem liquidity and generate yield, while minimizing slippage and front-running risk.

3 — 𝗕𝗿𝗶𝗱𝗴𝗲 𝗶𝗻 𝗨𝗦𝗗𝗖 via Wanchain or deploy an IOG owned ERC20 converter for USDC and improve the inter-op capability of Cardano. As opposed to relying solely on native stablecoins that have yet to prove out as beneficial towards bridging users from other chains. Growing the userbase of Cardano DeFi is the key piece to this overall objective. This option may also help boost that goal.

Together, these approaches avoid creating a single point of dependency and instead foster diversity, resilience, and capital efficiency across Cardano DeFi.

To support this evolution, 𝗜𝗻𝗱𝗶𝗴𝗼 𝗶𝘀 𝗰𝗼𝗺𝗺𝗲𝗿𝗰𝗶𝗮𝗹𝗶𝘇𝗶𝗻𝗴 𝗮 𝗖𝗗𝗣 𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁 𝗕𝗼𝘁—a tool designed to help institutions, large LPs, and Treasury committees manage Indigo CDPs with precision and minimal overhead. This tool will also be made accessible to all Indigo users upon successfully being piloted by fund managers such as Waffle or Wave.

The bot enables:

🔹Custom optimal collateral ratios
🔹Automated top-ups or withdrawals based on risk thresholds
🔹Wallet encryption and permissions-based controls

It gives Cardano’s future wealth fund the ability to 𝗿𝗲𝘁𝗮𝗶𝗻 𝗲𝘅𝗽𝗼𝘀𝘂𝗿𝗲 𝘁𝗼 𝗔𝗗𝗔, earn yield, and manage risk autonomously—all without the need to sell assets outright.

𝗧𝗶𝗺𝗲-𝘄𝗲𝗶𝗴𝗵𝘁𝗲𝗱 𝗱𝗲𝗽𝗹𝗼𝘆𝗺𝗲𝗻𝘁, 𝗰𝗼𝗹𝗹𝗮𝘁𝗲𝗿𝗮𝗹-𝗯𝗮𝗰𝗸𝗲𝗱 𝗺𝗶𝗻𝘁𝗶𝗻𝗴, 𝗮𝗻𝗱 𝗮𝘂𝘁𝗼𝗺𝗮𝘁𝗲𝗱 𝗖𝗗𝗣 𝘁𝗼𝗼𝗹𝘀—𝘁𝗼𝗴𝗲𝘁𝗵𝗲𝗿, 𝘁𝗵𝗲𝘀𝗲 𝗹𝗲𝘃𝗲𝗿𝘀 𝗼𝗳𝗳𝗲𝗿 𝗮 𝗺𝗼𝗿𝗲 𝘀𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗹𝗲, 𝘀𝗰𝗮𝗹𝗮𝗯𝗹𝗲 𝗮𝗽𝗽𝗿𝗼𝗮𝗰𝗵 𝘁𝗼 𝘀𝘁𝗮𝗯𝗹𝗲𝗰𝗼𝗶𝗻 𝗹𝗶𝗾𝘂𝗶𝗱𝗶𝘁𝘆 𝗼𝗻 𝗖𝗮𝗿𝗱𝗮𝗻𝗼.

We believe this will be a win-win strategy for Cardano’s Treasury and the growing DeFi ecosystem it's meant to empower.

[Charles Hoskinson @IOHK_Charles]

Det gleder meg å se at mine brødre i nord har omfavnet verdens mest sikre og desentraliserte kryptovaluta