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Intersect wants to stake large withdrawals. But staking large Treasury withdrawals hurts the Cardano Treasury! #Cardano

16,298 views โ€ข 1 year ago โ€ขvia X (Twitter)

10 Comments

Tonyโšก๏ธ's profile picture
Tonyโšก๏ธ1 year ago

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.

Adaverse's profile picture
Adaverse1 year ago

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?

.ZKDIDโ„ข ๐Ÿง 's profile picture
.ZKDIDโ„ข ๐Ÿง 1 year ago

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

$Zaddy's profile picture
$Zaddy1 year ago

Please ELI5 ๐Ÿ˜…

โ‚ณnuj.web3๐Ÿš€'s profile picture
โ‚ณnuj.web3๐Ÿš€1 year ago

@ashisherc ๐Ÿ”ฅ

Anis Penus's profile picture
Anis Penus1 year ago

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

Joe 2.0๐ŸŽ™๏ธ's profile picture
Joe 2.0๐ŸŽ™๏ธ1 year ago

First of all, stop calling them โ€œrewardsโ€ 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

Digital Gold Ecosystem ($DGOLD - $DSLVR - $DGEM)'s profile picture
Digital Gold Ecosystem ($DGOLD - $DSLVR - $DGEM)1 year ago

No staking large withdrawals pls

โ‚ณSTROBLโ‚ณST's profile picture
โ‚ณSTROBLโ‚ณST1 year ago

Looters!

Epka.ada's profile picture
Epka.ada1 year ago

Wtffff

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