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    "comment": "Summary\nEMURGO as a DRep votes ABSTAIN on the treasury withdrawal titled \"IO & Midgard Labs: L2 Scalability Initiative\", with rationale outlined below.\nRationale\nThe case for Layer 2 infrastructure on Cardano is well established, and this proposal addresses it across three workstreams of genuinely different character. The Hydra hardening work is grounded in live ecosystem demand, with Delta DeFi and Masumi already building production commitments that depend on its continued development. EMURGO recognises the urgency of that and does not take it lightly.\n\n\nThe difficulty is that the three workstreams differ considerably in maturity and risk profile, and a single governance action does not allow them to be evaluated independently. Shared data availability infrastructure is early-stage research, Hydra hardening is incremental delivery against live commitments, and Midgard represents a new permissionless rollup moving from testnet toward mainnet. Grouping them together makes it difficult to endorse the well-evidenced parts without also underwriting the more speculative ones.\n\n\nEMURGO is not opposed to any of the individual workstreams and recognises the importance of each to Cardano's scalability roadmap. A structure that provides clearer accountability boundaries between components, or separates them into distinct proposals, would allow the community to engage more precisely with what is being asked and would make each workstream significantly easier to support.\n"
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