{ "@context": { "CIP100": "https://github.com/cardano-foundation/CIPs/blob/master/CIP-0100/README.md#", "hashAlgorithm": "CIP100:hashAlgorithm", "body": { "@id": "CIP100:body", "@context": { "references": { "@id": "CIP100:references", "@container": "@set", "@context": { "GovernanceMetadata": "CIP100:GovernanceMetadataReference", "Other": "CIP100:OtherReference", "label": "CIP100:reference-label", "uri": "CIP100:reference-uri", "referenceHash": { "@id": "CIP100:referenceHash", "@context": { "hashDigest": "CIP100:hashDigest", "hashAlgorithm": "CIP100:hashAlgorithm" } } } }, "comment": "CIP100:comment", "externalUpdates": { "@id": "CIP100:externalUpdates", "@context": { "title": "CIP100:update-title", "uri": "CIP100:uri" } } } }, "authors": { "@id": "CIP100:authors", "@container": "@set", "@context": { "name": "http://xmlns.com/foaf/0.1/name", "witness": { "@id": "CIP100:witness", "@context": { "witnessAlgorithm": "CIP100:witnessAlgorithm", "publicKey": "CIP100:publicKey", "signature": "CIP100:signature" } } } } }, "body": { "comment": "Initially my gut was saying this wasn't a good idea as we dont yet have a firm plan in place for how the treasury will be used, for what, expenses associated with it, etc. However, thinking more about it, we have a substantial treasury already and improving staking rewards would help offset expenses in a bear market and thus expand on the number of nodes being launched spreading the decentralization of Cardano overall. \n\nThe more attention we can draw to Cardano as a viable solution for passive revenue, that in and of itself would help grow the ecosystem. \n\nBeyond that, if we play our cards right with the existing treasury, with BTCOS and IOHK's coming version in May, with Midnight and everything else coming to the ecosystem, we should start seeing dramatic use growth which will likely end up with as much or more entering the treasury over time post cut anyway. Add Hydra, etc and the growth will just continue to rise.\n\nI also didn't want to jump right into voting for the cut because I am a node operator with the CROW node and my initial instinct was to not be self serving in my vote as this would essentially earn more ADA for me, however, its a universal decision that would help everyone ultimately. So I vote yes." }, "hashAlgorithm": "blake2b-256" }