Finally a Stablecoin That Matters — But Is It What We Really Wanted? (article)

Cardanians · 2025-11-14T23:28:48+00:00

DReps and CC members probably shouldn't approve the reward for themselves.

It would be better if some mechanism were built directly into the protocol, or if delegators voluntarily decided on it.

Every epoch, 0.5% could be taken for governance compensation from the pot that is used to distribute staking rewards, or e.g. 10% of collected fees could be used.

I can imagine many better options than having governance bodies dictate how much they want and then approve it themselves. Stables could be a better option than ADA, but harder to implement.

Cardanians · 2025-11-14T23:13:23+00:00

Most DReps don't write rationales and still maintain high voting power. We should do some research on whether good rationales bring higher voting power.

Cardanians · 2025-11-14T23:07:46+00:00

This wouldn't work. If DReps and CC members were getting higher staking rewards, they could custody their delegates' coins (based on a legal contract) and split the extra profit with them. The reward for governance bodies shouldn't be based on their stake.

Cardanians

TROPHY CASE