Cardano Atlantic Council
@CardanoAtlantic
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Cardano Atlantic Council is here to serve the community for the coming age of Voltaire. Members: Adam, Beatrice, Jenny, Mike, Rick & Thiago Mascot: Grace 🐬
The Ocean 🌊
Joined June 2024
Cardano Atlantic Council is retired. Best wishes to the new CC candidates 💙🐬
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We had our last Friday afternoon meeting today 🐬
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Be sure to register for CC by November 24th! 🐬💙
The snap election to elect a new member of the Constitutional Committee, is now live. Open to individuals, consortia, and companies, registration is now open. Full details on Intersect Knowledge Base here: https://t.co/E3QEml6x5E Apply Here: https://t.co/x3astwkoJY
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Thank you @CardanoAtlantic for your service! A snap election will take place, facilitated by @IntersectMBO, to elect a new Constitutional Committee member. 📅 Below are all the important dates: 👉 Monday, November 17: Candidate registration opens 👉 Monday, November 25:
intersectmbo.org
Intersect is facilitating a snap election to fill a vacant seat on the Constitutional Committee, keeping Cardano’s on-chain governance moving forward.
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4/4 With this, our service on the Constitutional Committee concludes. We wish the community success in electing new members or consortia to carry the governance journey forward. Thank you for the opportunity to serve.
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3/4 It appears the DRep community lacks appetite to compensate CC members. Our decision is not a negotiation tactic or plea for Yes votes; it simply reflects a misalignment of expectations. From the outset, we were transparent that pursuing compensation is part of our criteria.
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2/4 We are proud to have maintained a 100% voting participation record—a core goal for us—and provided detailed rationales for every vote, grounded in our best interpretation of the Cardano Constitution. We will not participate in any further proposals.
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1/4 The current CC Compensation governance proposal is unlikely to pass, based on the vote tally and rationales. Accordingly, Cardano Atlantic will retire our CC keys on November 25th, following the epoch transition, to allow active proposals to ratify or expire.
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Cardano Atlantic has completed analysis and voting on the 4 most recent Cardano GAs, maintaining our 100% voting record. Here are the results: Loan ₳5M to Expand Global Listings - Yes Reimburse Ikigai - Yes CC Compensation - Abstain Securing Generic TLDs for Cardano - Abstain
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Rationales have been provided in the metadata of each vote cast.
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Cardano Atlantic voted on 4 recent GAs! Cardano in Oceania Strategic Plan - Constitutional 5M Ada Loan for Global Listing Expansion Powered by Snek - Constitutional Stablecoin DeFi Liquidity Budget - Constitutional Defining the Cardano 2030 Vision & Strategy - Abstain
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During our most recent meeting for the Cardano Atlantic ICC we discussed governance topics: ✅ Cardano Ecosystem Constitution v2.0 vote ✅ Remaining NCL after current withdrawals complete ✅ Notional budget for CC seats
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Cardano Atlantic has voted on the 41 active budget requests and treasury withdrawals 🥳 Pay close attention to the rationales in the metadata. The @IntersectMBO pre-screened treasury withdrawals received a final team vote of "Constitutional" but it was very close. Congrats!
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We have been busy. Will be casting votes on chain soon™
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Over the past 9 months the CAC has learned a lot about the amount of work required to do justice to the role of Constitutional Committee member. With that in mind, we intend to submit our budget for compensation should we be elected to a new term during the upcoming elections.
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All 5 separate votes by 6 people were cast in one transaction:
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The Cardano Atlantic team has voted on the 5 currently active proposals, results highlighted in the graphic. Rationale for each vote cast can be found on-chain in the metadata, available on GovTool or @ada_stat 🫡
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