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Intersect wants to stake large withdrawals. But staking large Treasury withdrawals hurts the Cardano Treasury! #Cardano
16,298 views โข 1 year ago โขvia X (Twitter)
10 Comments

Any withdrawal from the treasury hurts Cardano... until the project requiring those funds becomes a contributing member of the ecosystem. This takes years, so dispersments must be tight and performance based.

you can see here that treasury funds are already indexed with inflation so there is no point staking them also we enshrine security of treasury funds within the constitution, why mitigate that security by withdrawing funds to a wallet for no benefit?

Big love to the person in the audience because it looks like the chap from Intersect had to agree with him. ๐ซก

Please ELI5 ๐

@ashisherc ๐ฅ

Sounds like they want to empty the treasury and take both rewards and voting power from regular users at the same time

First of all, stop calling them โrewardsโ because they are simply inflation that hits the supply regardless of where the tokens are held. Then, have an honest conversation about selling $Ada into no demand

No staking large withdrawals pls

Looters!

Wtffff
