{ "@context": { "@language": "en", "CIP100": "https://github.com/cardano-foundation/CIPs/blob/master/CIP-0100/README.md#", "CIP136": "https://github.com/cardano-foundation/CIPs/blob/master/CIP-0136/README.md#", "hashAlgorithm": "CIP100:hashAlgorithm", "body": { "@id": "CIP136:body", "@context": { "references": { "@id": "CIP100:references", "@container": "@set", "@context": { "GovernanceMetadata": "CIP100:GovernanceMetadataReference", "Other": "CIP100:OtherReference", "label": "CIP100:reference-label", "uri": "CIP100:reference-uri", "RelevantArticles": "CIP136:RelevantArticles" } }, "summary": "CIP136:summary", "rationaleStatement": "CIP136:rationaleStatement", "precedentDiscussion": "CIP136:precedentDiscussion", "counterargumentDiscussion": "CIP136:counterargumentDiscussion", "conclusion": "CIP136:conclusion", "internalVote": { "@id": "CIP136:internalVote", "@container": "@set", "@context": { "constitutional": "CIP136:constitutional", "unconstitutional": "CIP136:unconstitutional", "abstain": "CIP136:abstain", "didNotVote": "CIP136:didNotVote" } } } }, "authors": { "@id": "CIP100:authors", "@container": "@set", "@context": { "did": "@id", "name": "http://xmlns.com/foaf/0.1/name", "witness": { "@id": "CIP100:witness", "@context": { "witnessAlgorithm": "CIP100:witnessAlgorithm", "publicKey": "CIP100:publicKey", "signature": "CIP100:signature" } } } } }, "hashAlgorithm": "blake2b-256", "body": { "summary": "We have determined that this Treasury Withdrawal governance action is unconstitutional.", "rationaleStatement": "Article II, Section 7 of the Cardano Constitution defines the criteria for Treasury Withdrawal governance actions to be considered constitutional.\n\nThe governance action with ID \"gov_action1fvgw27fjpr9c7g582mszzyez0jgkqgjgatzdnyngrg8wwc9kcn3qqxtz8r7\" and title \"Cardano DeFi Liquidity Budget - Withdrawal 1\", as a Treasury Withdrawal governance action, complies with all but two of the criteria, as follows.\n\nSection 7.1 states \"\"Treasury Withdrawals\" actions must specify the terms of the withdrawal. This shall include: the purpose of the withdrawal, the period for delivery of proposed activities which the withdrawal shall be used for, the relevant costs and expenses of the proposed activities, circumstances under which the withdrawal might be refunded to the Cardano Treasury.\" This governance action does NOT specify \"circumstances under which the withdrawal might be refunded to the Cardano Treasury.\"\n\nSection 7.2 states \"\"Treasury Withdrawals\" actions shall disclose whether the prospective recipient of the \"Treasury Withdrawals\" action has received ada from the Cardano Treasury within the last 24 months.\" This governance action does NOT disclose whether the recipient has \"received ada from the Cardano Treasury within the last 24 months.\"\n\nWe therefore find this governance action **Unconstitutional**.", "precedentDiscussion": "None", "counterargumentDiscussion": "None", "conclusion": "This governance action does NOT sufficiently fulfil the criteria specified for Treasury Withdrawals in the Cardano Constitution, so is deemed unconstitutional.", "internalVote": { "constitutional": 0, "unconstitutional": 7, "abstain": 0, "didNotVote": 0 }, "references": [] }, "authors": [ { "name": "Eastern Cardano Council", "witness": { "witnessAlgorithm": "ed25519", "publicKey": "a12e0d6516828fd47afc70e2eccdfa11a4f4c76cb5eca55bdc9349865a70e4fe", "signature": "8addf7548b402305805f4c1a9234ac4652ddaabe31a23dc2e37762bd769557e9baab0195a760f63080a602b5c96249384f48d0996918ca233fef05ea6da03201" } } ] }