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

16,298 views • 1 year ago •via X (Twitter)

10 Comments

Tony⚡️'s profile picture
Tony⚡️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?

.ZKDID™ 🧠's profile picture
.ZKDID™ 🧠1 year ago

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

$Zaddy's profile picture
$Zaddy1 year ago

Please ELI5 😅

₳nuj.web3🚀's profile picture
₳nuj.web3🚀1 year ago

@ashisherc 🔥

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 2.0🎙️'s profile picture
Joe 2.0🎙️1 year ago

First of all, stop calling them “rewards” 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

₳STROBL₳ST's profile picture
₳STROBL₳ST1 year ago

Looters!

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

Wtffff

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