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  "body": {
    "comment": "I am voting no because, while I support funding builders and recognize the work the Cardano Builder DAO has done to organize community-driven grant allocation, I am not convinced that delegating ₳20 million in Treasury funds to a specialized sub-DAO is the right governance model for Cardano at this stage.\n\nMy primary concern is one of governance and accountability. DReps were elected to evaluate Treasury proposals on behalf of the community. Creating another body responsible for selecting recipients and distributing significant Treasury resources introduces an additional layer of decision-making that is not directly accountable to the broader Cardano ecosystem. While the Builder DAO is composed of experienced builders, it does not necessarily represent the diversity of stakeholders who collectively make up Cardano's governance.\n\nI also believe the proposal places greater emphasis on the process of allocating funds than on demonstrating long-term ecosystem outcomes. While previous funding rounds, KPI dashboards, and governance participation are positive developments, I would have preferred clearer evidence that prior allocations produced sustained improvements in ecosystem-wide adoption, usage, and resilience before substantially expanding this funding model. Previous ecosystem grants, including projects that later changed their business models or reduced public accessibility, reinforce my belief that Treasury should carefully evaluate demonstrated public benefit before increasing delegated funding authority.\n\nUltimately, I support funding builders, but I believe those decisions should remain as directly accountable to the Cardano governance process as possible. Until I am convinced that a specialized funding DAO provides measurably better outcomes than direct Treasury governance, I am not prepared to support transferring this level of discretionary authority."
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