{
  "@context": {
    "CIP100": "https://github.com/cardano-foundation/CIPs/blob/master/CIP-0100/README.md#",
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    "body": {
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            "GovernanceMetadata": "CIP100:GovernanceMetadataReference",
            "Other": "CIP100:OtherReference",
            "label": "CIP100:reference-label",
            "uri": "CIP100:reference-uri",
            "referenceHash": {
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                "hashDigest": "CIP100:hashDigest",
                "hashAlgorithm": "CIP100:hashAlgorithm"
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        "comment": "CIP100:comment",
        "externalUpdates": {
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          "@context": {
            "title": "CIP100:update-title",
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  "body": {
    "comment": "Summary\n\nYoroi DRep votes YES on Cardano DeFi Liquidity Budget – Withdrawal 1, as the initial withdrawal under the approved Stablecoin DeFi Liquidity Budget.\n\nRationale\n\n• Proportionate withdrawal\nThis action withdraws 500,000 ADA as an initial tranche, representing a controlled and incremental use of the treasury focused on setup rather than liquidity deployment.\n\n• Defined use of funds with security safeguards\nThe requested amount is allocated to specific preparatory work, including legal structuring, administrative smart contract development, and a 75,000 ADA independent audit, reducing operational and security risk before scaling.\n\n• Strong on-chain controls and oversight\nAll funds are managed through an Amaru smart contract with a 5 of 9 multisignature approval requirement, milestone-based disbursements, and continued dRep and tDAO oversight.\n\nConclusion\nYoroi supports this withdrawal as a measured implementation step that remains consistent with the scope and intent of the Stablecoin DeFi Liquidity Budget previously approved by Yoroi, and therefore votes Yes."
  },
  "hashAlgorithm": "blake2b-256"
}