{ "@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" } } } } }, "authors": [], "body": { "comment": "Summary\n\nAs a DRep, EMURGO votes No on the Info Action titled Set a 300 million ADA Net Change Limit for Epochs 563–635.\n\nRationale\n\nRepeatedly adjusting the cap could create delays in the governance process, which may prevent critical funding from reaching the necessary projects, ultimately slowing down Cardano’s development.\nTo conclude, 2025 Net Change Limit(9b62b3c632f329016a968ac25211825bb4f84b12461121c7da3aa11df92370f900), which was approved by the majority of DReps, represents the maximum possible withdrawal amount from the Treasury, but it’s not a fixed target that must be fully used. EMURGO believes this is a reasonable initial cap for the year." }, "hashAlgorithm": "blake2b-256" }