{ "@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\nEMURGO as DRep votes YES on the governance action for Midgard – Optimistic Rollups, based on the rationale below.\n\nRationale\nMidgard presents a bold, deeply Cardano-native approach to rollups, directly leveraging the strengths of the eUTxO model to enable permissionless, non-custodial, and censorship-resistant L2s. Unlike many Ethereum-based alternatives, Midgard’s architecture allows for simplified, single-party fraud proofs and seamless fee alignment with L1 via ADA-based transactions.\n\nIts tokenless design, L1-fee contribution model, and support for decentralized operators make it a potential cornerstone for scalable Cardano dApps. The proposal is highly technical but aligns with the core goals of L2 expansion, and the team at Anastasia Labs has a proven open-source track record.\n\nConclusion\nGiven the innovation, alignment with Cardano’s architecture, and the potential for long-term L1 economic value, EMURGO supports this proposal and votes Yes." }, "hashAlgorithm": "blake2b-256" }