I just reviewed the @snek Treasury Withdrawal Proposal and voted: YES.
A few points:
- The main question I ask myself is: Will this proposal in the long-run create enough transaction fees so it is a net-positive for the Cardano Treasury?
My gut feeling guides me to believe the answer to this is yes
BUT i'm working with limited information and would highly encourage the SNEK team to create detailed overview over how many transaction fees have already been spent on SNEK DEX transactions.
This is relatively simple data collection task that the SNEK team can do, to help give more substance to their proposal.
- The structure as a loan makes total sense and encourages the project to do well, to be able to repay the loan in the long-run. Big fan of this.
- The advisory board is very strong and consists of experienced leaders in Cardano.
- SNEK is currently indeed the only Token that has a shot at getting listed on the Top5 exchanges and bringing wider recognition to Cardano.
- The SNEK team is very reputable and the risk of them leaving the project is close to 0.
- The team learned from the past 2 proposals and has improved this new proposal massively.
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I'm not a big dRep but I have a relatively big social media following, so I thought sharing these points could be helpful.
$ADA just did something big.
It has just broken the resistance that started in December and has formed a MA golden cross (9,21).
The last time this happened, Cardano pumped 236%.
Will history rhyme once again?
Yesterday, we achieved something really special and proved a few important points:
1. It’s possible to list a CNT like $SNEK on top exchanges when we meet the requirements.
2. Volume attracts volume — $SNEK did $16M in trading volume in the last 24 hours. For reference, top CEXs usually look for $5–10M daily.
3. We’re slowly but surely introducing $SNEK to a whole new audience. Since the listings, we’ve seen organic, positive price movement coming from our CEX partners.
4. The @snek team always delivers.
Now, pair that with bullish sentiment: rate cuts starting in September, a new ETH all-time high around the corner, momentum in alts like ADA, and a flourishing Cardano meme ecosystem (S/O @snekdotfun). We’re creating a perfect playground for liquidity injection — and $SNEK will be the first to benefit. It’s time to be bullish again.
The Snek core team has never been this hands-on with so many opportunities. We're literally spending our days in meetings, building, and collaborating with countless people in parallel. Extremely bullish on the future.
We've turned @snek into a monster. 🐍
Snek ($SNEK) is now available for trading in the https://t.co/vCNztATkNg App 🔔
Purchase $SNEK easily with USD, EUR, and 20+ fiat currencies.
Download the App to trade $SNEK now!
👉 https://t.co/JrBydJrcnd
For more details: https://t.co/d4jgKTRjH8
@snek
📢 @snek $SNEK is coming soon to #KuCoin!
The largest token in the Cardano ecosystem by market cap and trading volume, $SNEK has built a strong brand, unique IP, and thriving community since its fair launch in April 2023.
📅 Trading starts: August 12, 2025 at 15:00 (UTC)
💰 Deposits effective immediately (Cardano)
🔁 Pair: SNEK/USDT
Details: https://t.co/XbqKBZeBYM
#KuListing #SNEK
The strategy is clear. The path is set.
🐍 Brand (awareness, IP, sponsorships, community growth, social media diversification)
🐍 Integrations (CEXs, partnerships, $SNEK utility)
🐍 Snekfun (@snekdotfun is Snek's #1 revenue-generating product and best tool for adoption)
🐍🔥 Letsss go!!
$SNEK @snek is now officially live for trading on Kraken!
Depositsss and withdrawalsss are enabled
Trading is now live!
Trade here ⤵️
https://t.co/agguXJ38de
*Geographic restrictions apply
Just bought some $snek on @krakenfx, the first T1 to be balling enough to list the @snek 🐍🔥
Making and verifying my account took 5 min, deposit took 1:50 min, buying took 10 sec.
From start to finish, we are now able to buy Snek in 7min 🐍🐍🐍🐍
Much love to Kraken ♥️🐙
Yes, another $SNEK bull post.
The fact that $SNEK remained in the top 20 memecoins in 2025 proves to the world that it's here to stay.
With ADA dropping from $1.30 to $0.50, it wasn’t easy but we did it. And we did it without Tier 1 exchange or VC, unlike nearly every other token around us.
Top exchanges have noticed.
Day 1 of asking @binance to list @snek :)
If you love $Cardano, you'll adore snek !
Let's get $SNEK listed on Binance! $ListSNEK
Fun fact for Day 1:
Snek is currently ranked 14th globally in meme coins :) But we'd like to be first, fingers crossed :)
See you tomorrow