{ "@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": "TL;DR: EDC voted ABSTAIN on gov_action1n9hdlcmshrj3hee4g8n4fxdgrprpxp0r03l6psd3j0evtpck0nrsqm57age;\n\nThis document has a whole lot of repetition, to put it nicely.\n\nSome takeaways:\n\nImplement an Active, Managed Treasury:\nThis section depends heavily on trust in whoever manages those funds — not entirely convinced about that part.\n\nCapital Efficiency:\n“Narrow focus to accelerate development and learning; pivot quickly if initial approaches are ineffective.”\n“Pivot quickly” isn’t really possible with the current treasury system.\n\nAnnual L1 Revenue / Daily Meaningful Transactions:\nKPIs like these depend on external market conditions. As seen in 2025, transaction volume decreased significantly. In a four-year market cycle, these metrics can fluctuate dramatically.\n\nOverall, there are some nice-to-haves in here, but I’m not sure we need more of these lengthy documents for hundreds of people to spend time reading." }, "hashAlgorithm": "blake2b-256" }